Credit Risk Management -Director

دوام كامل في JobItUs في Saudi Arabia
نُشرت يوم April 23, 2024

تفاصيل الوظيفة

Work Experience: 5.0 Year(s) To 15.0 Year(s) Experience requirement: 6 To 10 Years Joining Date: Immediate Joiner/ 30 Days Location: Riyadh KEY RESPONSIBILITIES:

  • Developing a framework for risk appetite and risk tolerance limits
  • Developing the existing Risk Appetite framework.
  • Developing Risk Appetite Statement (RAS) approved by the Board of
  • Directors in line with the strategy
  • Developing Tolerance Limits for the key risks.
  • Developing a plan for maintaining and reviewing the Risk Appetite Framework and the Tolerance Limits.
  • 2 Developing credit rating policy, models and mechanisms
  • Developing credit rating policies (including aspects of governance, develop-ment, utilization, validation, risks).
  • Lead development of credit rating models for retail or corporate or SME or project finance portfolios
  • Lead review, validation and enhancement of credit rating models for project finance portfolio
  • Developing a risk-based pricing framework to include the following:
  • Methodology for calculating Risk-Adjusted Return on Capital (RAROC) against the Economic Capital (EC).
  • Methodology for risk-adjusted performance assessment of business, areas and product types based on the developed credit ratings.
  • Implementation of IFRS 9 standards across Banks
  • Recommend and implement a methodology for Stage wise allocation of assets
  • Update the current PD models and compute PD estimates as per IFRS 9 guidelines
  • Develop LGD estimation technique and arrive at LGD estimates
  • Develop EAD estimation techniques and arrive at EAD estimates
  • Development and update of Policies and Procedures for Implementation of IFRS – 9
  • Reporting for the aforementioned models. Design reports templates 
  • Developing / reviewing and enhancing stress testing models and approaches
  • 3 Reviewing and developing mechanisms for controlling the Credit Portfolio
  • Review and develop working and monitoring mechanisms for credit Portfolio in order to include the following general objectives:
  • Deep understanding and exposure to Credit risk management in Corporate/Wholesale portfolios
  • Setting the methodology/approach and standardizing risk measures and models.
  • Carrying out portfolio stress tests.
  • Undertake review of the credit portfolios of the Corporate Banking Group and/or SME Banking in order to monitor portfolio credit quality, identify portfolio trends with recommended actions for improvement in portfolio quality
It is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration. We help you confidently address challenges and opportunities in technology, finance, transformation, business process, risk, compliance, transactions and internal audit.

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