Chief Risk Officer - Exposure on Credit Risk &amp; Market Risk Location : Mumbai Experience : 10 - 20 Years Function : Finance &amp; Accounts Job Title - Chief Risk Officer Department - Risk Management Reporting - Dual reporting to the Country Head in Mumbai as well as the Head of Wholesale Credit based in Dubai Location - Mumbai&nbsp; Job Purpose:&nbsp; - Manage the overall Risk Management functions of the bank addressing Credit, Market, Operational, wholesale, legal and reputation risks.&nbsp; - Devise and implement a risk management structure, compliant with central bank regulations, Mashreq requirements and international best practice.&nbsp; Key Result Areas:&nbsp; Credit Risk - Quality of assigned loan portfolio, as measured by % of classified outstanding and hence loan loss provisions, Volume of assigned portfolio.&nbsp; - Implementation of appropriate risk reporting to the Country Head, Manco and senior management&nbsp; - Early detection of warning signals to ensure timely corrective action, and hence minimize loan losses.&nbsp; - 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.&nbsp; - 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.&nbsp; - Developing and spreading a credit culture throughout the Banks RMs.&nbsp; - 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&nbsp; - Managing and monitoring local regulatory requirements such as Single &amp; Group Borrower norms, Sectoral limits, PSL, Country/Bank limits&nbsp; - Developing credit risk model for branch operations and credit rating framework in line with H.O. requirements&nbsp; - Working with Business units to arrive at the credit cost and the resultant economic profit and the requirement of economic capital&nbsp; - Conduct Risk Management Committee meetings at stipulated periodicity.&nbsp; - Monitor various regulatory limits like country risk, bank risk, SBL / GBL norms etc.&nbsp; - Lead IFRS 9 calculation for impairment of financial instruments&nbsp; - Review and comply with the credit policies and procedures&nbsp; - Approve credit within delegated lending authorities based on acceptable underwriting standards&nbsp; - Make customer calls as and when needed to assess borrowers&nbsp; - 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.&nbsp; - Define policies regarding management responsibilities, control standards and accountabilities that ensure the stability and surety of all transaction processing.&nbsp; - Facilitate branch wide risk assessments and monitors priority risks accordingly.&nbsp; - Validation and periodic review of RCSA, administer error logs and align the same for computation of Operational risk Market Risk&nbsp; - Establish the Market Risk function for the Bank in line with HO &amp; Local Regulatory requirements (including defining the Middle and Back office functions to difference from Market Risk), staff and make the roles operational.&nbsp; - Establish market risk measurement systems, in line with HO &amp; Local Regulatory requirements&nbsp; - Monitor Market Risk&nbsp; - 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&nbsp; - Strict adherence of ALM guidelines&nbsp; Knowledge, Skills, and Experience:&nbsp; - University Graduate with Masters Qualifications.&nbsp; - Professional qualification in business / commerce / economics / law.&nbsp; - High degree of credit skills (credit, analytical, judgmental) and geographic locations.&nbsp; - Excellent written / verbal communication skills.&nbsp; - Sound knowledge of local banking law / practice and products / services, especially in the area of international payment, trade finance &amp; 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.&nbsp; - Team player and participation experience in variety of banking initiatives and solutions.&nbsp; - Proven decision making track record under pressing conditions. Working Days : 5 Days a Week ( to ) Job Nature : Full Time

Mumbai

Chief Risk Officer - Credit Risk & Market Risk 

Chief Risk Officer - Credit Risk & Market Risk  ,Job Description for Chief Risk Officer - Credit Risk & Market Risk  in Alloys Consulting in  Mumbai for (10-20) years of experience. Apply Now!

Job Description for Chief Risk Officer - Credit Risk & Market Risk  in Alloys Consulting in  Mumbai for (10-20) years of experience. Apply Now!