The Bangladesh Rating Agency Limited (BDRAL), established in 2009, is an initiative of Dun & Bradstreet South Asia Middle East Ltd. (D&B SAME) and nine local Banks and FIs. A pioneer in Credit Rating of SMEs in Bangladesh, BDRAL was granted Credit Rating License by BSEC for SMEs in 2012 and has been empanelled in 2013 as an External Credit Assessment Institution (ECAI) by Bangladesh Bank for Small and Medium Enterprises (SMEs) under Risk based Capital Adequacy framework (BASEL II).

SMEs are the power house of developing economies and to steer Bangladesh into a middle income nation, the SME sector is the only alternative which can help the country achieve this feat. Having congruence with the mentioned pragmatic approach, BDRAL’s SME Ratings aim to address the challenges faced by banks in SME lending.

BDRAL needs dynamic talent for the following position based in Dhaka:

Position: Head of Rating / Chief Risk Officer (CRO)  

Ref No: BDRAL 3 / Head of Rating     

A leadership position responsible for overseeing business initiatives through strong monitoring of case analysis and ratings for the organization. The position develops and maintains strategic plans for strict and credible business analysis in line with the compliance requirements of the Regulators, while working on areas such as product development, including promotions, pricing, market research, and customer service.

The Head of Rating works closely with the Chief Executive Officer, managing client relationships to build the SME Credit Ratings business in Bangladesh and will be responsible for overall business performance including revenue, profitability and growth. 

Primary Responsibilities:

• Manage costs and implement & manage budgets
• Perform risk mitigation and develop business plans with quantifiable objectives to measure results
• Manage and direct the efforts of the rating team
• Develop segmentation, competitive analysis/market intelligence, prospecting, lead generation, product & market development, pricing, promotions, communication & budgets, sales force effectiveness, strategic planning, revenue retention and growth
• Oversee the development of new products - creating long term product roadmaps
• Develop and measure key metrics around the business including user acquisition, conversion rates, engagement rates, satisfaction and renewal rates
• Primarily Dhaka-based, but a minimum of one visit a month outside Dhaka maybe be required
• Making sure targets are met.

Preferred Experience and Background:

• Masters degree in Business Administration (experience or similar qualification from a reputed local or foreign institution with a background in finance, banking, and accounting). Professional Accounting qualifications like ACA, ACCA, CIMA or ICMA is a must.
• Minimum 5-10 years of experience (preferably in credit rating) with at least 5 years in leadership role in banks/financial institutions/insurance companies.
• High level of integrity and dependability with a strong drive for result orientation coupled with the ability of analytical thinking.
• Excellent communication and relationship skills are essential along with a very good command over written and spoken English.

Salary & Benefits: