Assistant Manager - Credit Risk

AM- Credit Risk / Dubai

Job Title Asst. Manager - Credit Risk

Department Credit Risk Department

Reporting To Senior Manager, CRD

Role

1) Lead Implementation of IFRS 9 & Develop Stress Test Framework for Credit Portfolio

2) Maintain Internal rating models, risk tools, systems & validation of rating systems.

3) Optimize Credit Portfolio

Principal Accountable

A. IFRS 9

1. Conversant with IFRS 9 guidelines

2. Implement IFRS 9 project

B. Credit Portfolio Related:

1. Conduct stress test for various macroeconomic factors and assess impact on portfolio quality

2. Credit Portfolio Analysis covering different risk aspects like Concentration, Sectoral distribution, Rating & collateral distribution for internal purpose

3. Review of performance of listed Companies to decide Drawing Power.

4. Industry Research, Update to management on latest developments on Corporates, Products, Regulations etc

5. Finalization of annual disclosures/balance sheet relating to credit risk.

6. MIS for regulator and external agencies

C. Credit Risk Ratings related

1. Rating distribution for wholesale banking portfolio and computation of PDs.

2. Review and Validation of rating models.

3. Industry risk scores for rating in respect of major segments.

4. Computation of PD, EAD, LGD etc & Validation of the same.

5. Retail Credit risk - retail segmentation - pooling approaches and computation of risk indicators on a historical basis.

Attributes

Qualification & Attributes

i. MBA/CFA/FRM.

ii. Knowledge of statistical tools required.

iii. Deal with external rating agencies, Central Bank examiners etc

iv. Able to resolve issues, achieve time bound targets

Experience i. Minimum 12 years in a reputed Bank in Credit Risk Management in similar role

ii. Experience in Credit Appraisal is added advantage