26/07 Sandesh
Leadership Hiring/Candidate Delight at Staffio HR

Views:3872 Applications:155 Rec. Actions:Recruiter Actions:17

Chief Risk Officer - Bank (10-20 yrs)

Mumbai Job Code: 597766

Exp : 10 - 20 years

CTC : 65 - 70 LPA

Talents from Banking Only

65% - Focused on credit risk and rest would be market & operational risk

Reporting : Dual reporting to the Country Head in Mumbai as well as the Head of Wholesale Credit based in Dubai

- Manage the overall Risk Management functions of the bank addressing Credit, Market, Operational, wholesale, legal and reputation risks. Devise and implement a risk management structure, compliant with central bank regulations, our requirements and international best practice.

Key Result Areas :

Credit Risk :

- Quality of assigned loan portfolio, as measured by % of classified outstanding and hence loan loss provisions, Volume of assigned portfolio.

- Implementation of appropriate risk reporting to the Country Head, Manco and senior management

- Early detection of warning signals to ensure timely corrective action, and hence minimize loan losses.

- Develop, document and review deals, structures, credit products / services and provide business solutions which meets business and customer requirements within credit and operational risk guidelines and policies.

- Be vigilant about changing credit risk environment / profiles of countries / regions in general and customers / relationships in particular by developing, setting up and ensuring ongoing and periodic monitoring and reviews.

- Developing and spreading a credit culture throughout the Banks RMs.

- Provide expertise and solutions to RMs and ARMs in developing deal / transaction structure, and advising on handling problem accounts.

- Review credit policies and procedures on a periodical basis, and recommend changes where appropriate.

- ICAAP ownership along with periodic stress testing

- Managing and monitoring local regulatory requirements such as Single & Group Borrower norms, Sectoral limits, PSL, Country/Bank limits

- Developing credit risk model for branch operations and credit rating framework in line with H.O. requirements

- Working with Business units to arrive at the credit cost and the resultant economic profit and the requirement of economic capital

- Conduct Risk Management Committee meetings at stipulated periodicity.

- Monitor various regulatory limits like country risk, bank risk, SBL / GBL norms etc.

- Lead IFRS 9 calculation for impairment of financial instruments

- Review and comply with the credit policies and procedures

- Approve credit within delegated lending authorities based on acceptable underwriting standards

- Make customer calls as and when needed to assess borrowers

- Conduct periodic portfolio reviews and portfolio stress testing and identify weak credits and take necessary action as remedy Operational Risk

- Primary responsibility to monitor and measure OR and support identification and control of OR for the group.

- Define policies regarding management responsibilities, control standards and accountabilities that ensure the stability and surety of all transaction processing.

- Facilitate branch wide risk assessments and monitors priority risks accordingly.

- Validation and periodic review of RCSA, administer error logs and align the same for computation of Operational risk Market Risk

- Establish the Market Risk function for the Bank in line with HO & Local Regulatory requirements (including defining the Middle and Back office functions to difference from Market Risk), staff and make the roles operational.

- Establish market risk measurement systems, in line with HO & Local Regulatory requirements

Monitor Market Risk :

- Monitor various limits like AGL, IGL, NOOP, VaR etc.

Liquidity Risk :

- Monitoring as per RBI guidelines : Basel III Framework on Liquidity Standards - Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards

- Strict adherence of ALM guidelines 

Knowledge, Skills, and Experience :

- University Graduate with Masters Qualifications.

- Professional qualification in business / commerce / economics / law.

- High degree of credit skills (credit, analytical, judgmental) and geographic locations.

- Excellent written / verbal communication skills.

- Sound knowledge of local banking law / practice and products / services, especially in the area of international payment, trade finance & treasury.

- Knowledge of trade finance with reference to documentation and structuring. 

- Knowledge of Corporate Banking with reference to risk monitoring.

- Expert level quantitative and financial techniques / skills; effective negotiation; and excellent command over verbal and written English.

- Team player and participation experience in variety of banking initiatives and solutions.

- Proven decision making track record under pressing conditions.

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