Assistant Manager Corporate Credit Risk Analyst - 3394612

Global Bankers Search and Selection
  • Assistant Manager Corporate Credit Risk Analyst Jobs in Kuwait - 3394612

    Global Bankers Search and Selection
Login to Apply Register and Apply
3394612

Job Description

Role Assist Division Head in establishing Corporate Credit Risk Control Measures across the Bank Providing detailed Reports and Recommendations with the objective of ascertaining Credit Risk Mitigation, and Protection of the Banks overall Business interest in terms of Credit Risk

Responsibilities

Create Corporate Credit comprehensive Reports on Performance and Quality of the Corporate Portfolio

Production of Post Non-Retail Analytics and Report KRIs of Non-Retail Exposures

Produce Reports on NPLs, Concentration Risk, Capital Adequacy, Risk Appetite, ICAAP and Stress Test

Production, maintenance and accuracy of the Expected Credit Loss on a monthly basis for Non-Retail Portfolios

Development of Risk Models for both Economic Capital and Regulatory Capital Calculation, PD, LGD, CCF, Risk Contribution etc for Corporate Credit Risk among various Asset Classes and Facility Types, ensuring these Risk Measures comply with Regulatory and Basel requirements through robust Model Validation

Implementation of the Credit Risk Rating Model (Credit Lens) and ensure appropriate Rating assignments for all Non-Retail Portfolios

Identify and highlight the high risk elements involving concentrations with respect to (not limited to) Sectors, Customers, Ratings, Geographies etc and recommend adequate and timely mitigating actions to reduce, diversify or shift these Risks

Development and implementation of Risk Adjusted Return On Capital (RAROC) for Non -Retail Assets

Development and Review of Watchlist Criteria

Review Status of NPLs, Rescheduled Loans and Watchlist and calculate provision needs of Corporate & PB Portfolio

Identify and Quantify Risk Weighted Assets for Non-Retail Book, and analyze its impact on the Capital Adequacy Ratio of the Bank

Assist and Train the Team in performing Data Collection, Extraction, and Advanced Data Mining Techniques to research, compile and prepare Historical Data for use in Developing Models and Analytical Frameworks

Develop, Implement Models for ICAAP, Stress Test, IFRS9, Basel, RAROC, Risk Appetite, Economic Capital and others related to Corporate Credit Risk

Monitor Exposure and Risk Limits at a Bank-wide level for all Credit Risk Exposures and Sector-wise Performance Indicators, Forecast and Analyze Impact of Budgeted Growth

Implement and maintain Risk Management Policy and Procedures

Identify Credit Risks in any New Products and Activities and conduct Business Awareness Sessions

Produce, Analyze, Recommend and Present Risk Reports to Executive Team

Review and provide inputs on the Corporate Portfolios Risk Appetite Statement on an ongoing basis

Performs a variety of tasks within the general scope of the job and others that may be assigned by the Management


REQUIREMENTS

Bachelor in Business Administration or in Quantitative discipline Master degree is preferable

Professional Certifications such as FRM, CPA, CFA is preferable

Minimum 5+ years of experience in BankingFinancial Services with specific focus on Corporate Credit Risk & Portfolio Management

Possess superior knowledge of Credit Risk Management Best Practices including but not limited to pertinent Basel II & Basel III Framework on Credit Risk Management and Capital Adequacy requirements

Possess strong Quantitative skills and solid experience in Developing, Validating and Monitoring of Risk Models

Sound business knowledge of Credit Products

Good understanding of Basel IIIII

Experience of handling Large Data and Strong Analytical skills

Excellent Portfolio Management & Credit Risk Modelling, Analytical, and Research skills

Experience working with large and complex data sets

Proficient in Data Query Language SQL

Proficient in the use of Statistical Software Packages such as SAS and R

Strong knowledge of Microsoft Excel, with Programming experience using VBA

In-depth knowledge of Financial Markets and Products

In-depth understanding of Risk Methodologies, Interest Rate Modelling, VAR, andor other Complex Financial Risk Modelling

Ability to work independently on multiple Tasks andor Projects

Excellent oral and written communication skills in English

Adequate knowledge of IT SystemsApplications

Proficiency in Risk Concepts, Banking ProductsOperationsSystems, pertinent Regulatory requirements, International Accounting Standards and related Pronouncements, including related Best Practices

Self-motivated, with an eye for detail

Flexible Team Player and able to work and deliver under pressure

Ability to inspire and motivate others to gain commitment

Knowledge of the Credit Scoring Systems available in the Market and their use

European Nationals preferred to diversify Team mix

If suitable and interested in this excellent opportunity, please attach updated CVs in worddoc format for review Alternatively, should you know anyone suitable and interested, please kindly refer across Shortlisted candidates will be contacted within 5-7 working days

Profile Summary

Type:Company Job

Deadline:19th Feb 2025

Company Profile

Global Bankers Search & Selection Ltd provides specialist recruitment services to Clients in the Banking and Financial Services sector. We work with a diverse range of Organisations and have an excellent track-record of identifying and attracting high-calibre, mid senior executive level Candidates based globally for Permanent, Interim and Contract positions. We also offer a comprehensive, bespoke Search and Selection and Mapping Service.
Our Consultants are experienced professionals with an in-depth knowledge of the industry, so they fully understand the kinds of challenges you face. Our searches span the UK / GCC / MENA / Far East / Asia Pacific Regions. Our network of contacts includes talented professionals within, but not limited to, the following specialisms:
Finance & Accounting
Retail Banking
Corporate & Commercial Banking
Treasury
HR into Banking & Finance
Lenders & Packagers



Register with us to boost your job winning chances

I agree to the terms and Conditions