SVP & Head of IB and CCB Credit Risk

Join the UAE’s largest bank and one of the world’s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting & dynamic industry.

Specific Accountability

CCB & IB – Credit Risk:

• Lead in establishing a CCB & IB Credit Risk Management Framework.
• Lead in review and analysis of CCB & IB credit risk policies Credit Policies, Product Programs, RACs, C2P2 from Credit Risk prospective in coordination with respective credit team and product representative of business.
• Partner with CCB & IB Credit in development, rollout and maintenance of Score Cards.
• Developing framework for validation of Credit Rating models.
• Support designing CCB & IB application score card cut off strategies and scorecard usage guideline for credit approval.
• Identify credit risk emanating from existing as well as new products that are being launched By CCB & IB .
• Carry out thematic portfolio stress testing/scenario analysis to ensure quality portfolio growth of CCB & IB.
• Monitoring Performance of CCB & IB scorecard on periodical basis.

IFRS 9 Execution and Reporting:

• Drive, on monthly basis, IFRS 9 staging and ECL review process adherence to IFRS/local regulatory requirements/ internal policies and procedures including coordinating with Credit for obtaining approval of the staging and ECL overrides.
• Review the international IFRS 9 Run results on monthly basis in coordination with respective country’s Risk department and SPOC.
• Submit on monthly basis the results of IFRS 9 review to Steering Committee for approval along with key credit risk Matrix.
• Responsible for providing outlook on Assets Quality, Impairments, CoR and provision coverage to senior management in coordination with respective credit heads.
• Support rollout of implementation of IFRS 9 at various international location in coordination with local Credit and Risk department to ensure local regulatory requirements are captured and implemented.
• Oversight on monthly basis input data submission from Credit Department for IFRS 9 such as NPL, IIS and SP to ensure that ECL Provision accurately reflect Group risk profile.

Credit Risk Reporting and Analysis:

• Ownership of Credit risk information framework which includes data for GCRO’s quarterly risk dashboards, and other important credit risk reports submitted to Management-level and Board-level Risk Committees.
• Ownership of reports to monitor credit quality of the portfolio across lines of business.
• Drive the development and maintenance of credit risk data base to ensure timely availability of data for analysis, forecasting and decision making.
• Lead the development of automated dashboards for the respective Lines of Business and ensure proper dashboards are built for decision making and performance management.
• Overall responsible for timely delivery of dashboard, report and various committee presentations such as CCB & IB CC, CIBCC, GRC, BRCC, and other committees to enable regular monitoring and reporting of performance of FAB portfolio.
• Overall responsible for providing Credit Risk Disclosure within Financial statement in coordination with Group Finance.
• Partner with ERM and Investor Relation Department to ensure data provided to regulator, rating agencies or investor forums reflect the risk profile of the bank.
• Development, analysis and interpretation of key Risk KPI drivers in order to apprise credit risk at horizon. Moreover, provide detailed monthly value added analysis and variance against budget and forecast.
• Prepare and review monthly risk forecast and long range financial plans.
• Oversee PDNI reporting process and its review.

Portfolio Management:

• Set up the country and industry limit framework and monitoring of the limits.
• Analyse monthly Credit Risk portfolio KPIs and submit review, scenario analysis and recommendations covering Group, geographies, segments and subsidiaries.
• Drive the development of CCB & IB’s Risk MIS on portfolio basis in coordination with Group Credit.
• Responsible for Monitoring of designate credit risk appetite and reporting an ongoing basis.
• Protecting quality of entire loan portfolio by undertaking portfolio evaluation and conducting comprehensive studies on environment to test the resilience of loan portfolio.
• Monitoring and report concentration limits in credit portfolio by customer segment / by industry / single obligor to senior management on periodical basis.
• Recommend prudential norms for various Credit Risk and exposure limits.
• Alert the senior management for carrying out suitable corrective action in case of breaches discovered during risk monitoring process.
• Measuring, forecasting and managing credit risk as per FAB’s risk appetite framework

• Bachelor’s/Master’s degree in Finance, management, Accounting or related discipline
• Adequate knowledge of financial services business
• Strong background in Credit Risk Management
• Significant experience in running/managing the provisions process for a reputable UAE/GCC bank
• Excellent understanding of IFRS9 guidelines
• Excellent understanding of CBUAE regulations Credit Risk
• Strong project and change management skills
• Strong financial and analytical skills with significant experience in analytics, portfolio management
• Strong mind-set of improving processes and decision making through automation, analytics, technology
• Knowledge of advanced excel and power-point skills is a strong plus
• Strong leadership skills required to manage a team
  
  

Minimum 15 years of experience in Credit Quality, Credit Risk or Portfolio Management/ Analytics