Job Opportunity at NMB Bank, Senior Manager, Credit
Risk.
Job
Title: Senior Manager, Credit Risk
Job
Purpose
Maximizing
the bank’s risk adjusted return by assisting to limit its credit risk exposure
to within acceptable parameters. This is done by:
Identifying,
measuring, and communicating the credit risk profile of the bank from a second
line perspective.
Ensuring
all necessary credit risk related policies, procedures, manuals and tools are
in place and kept up to date.
Monitoring,
measuring and reporting about the efficacy of the bank’s credit risk controls.
Proposing enhancements where required.
Conducting
periodic monitoring of credit related activities. Providing timely
identification and reporting of significant risks and losses and effectiveness
of risk mitigation actions.
Driving
and implementing an effective credit risk management framework along the lines
of Enterprise Risk Management (ERM) and Basel II.
Partnering
with the Credit Department on credit risk matters to ensure business growth is
balanced with risk management and control.
Main
Responsibilities:
Ensuring
that the bank’s credit risk governance framework is in line with regulatory and
internal requirements. This extends to policies, procedures, manuals, tools and
templates.
Leading
the Credit Risk team to drive and support the identification and management of
various credit risks on a regular basis.
Monitoring,
assessing and reporting on the bank’s credit risk environment and processes
from a second line perspective.
Fully
identifying and measuring of credit risk across a range of on and off balance
sheet asset classes.
Conducting
regular monitoring of credit limits, in line with regulatory and internal
requirements.
Conducting
periodic stress testing of the bank’s credit risk profile in line with Basel II
requirements.
Working
with the Basel II project team to develop models for measuring Value at Risk
(VaR), including default probability, loss given default and rating migration,
economic capital and risk adjusted performance measurement.
Ensuring
that all credit-risk related key risk registers and KRI templates are in place
and maintained regularly, including the testing of controls by designated risk
champions.
Validating
control test results from a second line control perspective (Conformance
Review) and channeling feedback on the same to the appropriate governance
committees.
Ensuring
the proper functioning of the credit risk loss event reporting process,
including root cause study and trend analysis and remedial action proposal.
Working
with the Product Approval Committee (PAC) to develop assessment models for
quantification of product-related credit risks. Ensuring the credit risks
associated with new and changed products, services and processes are
sufficiently assessed and mitigated and that they are within established
tolerance boundaries.
Proactively
communicating with other stakeholders within the bank on credit risk issues.
Ensuring that sufficient actions are undertaken to resolve all control
weaknesses highlighted through the various credit risk reviews and audit
processes. Escalating significant events to Head of Risk as appropriate.
Developing
comprehensive reports and presentations that outline credit risk-related
findings, explain risk positions, and recommend appropriate changes.
Provide
input on/champion change to current operating mechanisms to ensure relevancy.
Influence
“client success” and “client experience” mindset and approach throughout the
bank – demonstrate NMB values and cultural norms by setting high benchmarks.
Serve as
a collaborative resource for the NMB’s management and employees by keeping
abreast of trends and issues.
Diagnose
issues, and recommend solutions to highly complex business, people and
organizational issues across multiple groups within the bank.
Partner
with business Heads and other support function Heads to develop and execute a
strategic Workforce plan.
Knowledge
and Skills
Extensive
knowledge of Risk Management, ERM, corporate and retail credit, special asset
management, legal, commercial.
Enterprise
Risk Management, Advanced credit skills.
Leadership
of Change, Adaptability, Coaching, Delegation and Managing Employee
Performance.
Qualifications
and Experience
Post-graduate
degree in Banking, Business Administration, Finance, Accounting, Commerce, Law,
or Economics.
7 years
or more of banking experience of which at least 3 should be in a leadership
position in credit management and/or risk management.
Deadline:2018-August-19.
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