Bayt.com Jobs: Assistant Manager – Credit Risk

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Assistant Manager – Credit Risk Aug 13th 2013, 07:21 Job Summary: Prepares risk identification reports as well as other management reports runs risk measurement techniques and evaluates the said measurement. Assists in identifying undue risk concentrations, and in implementing new risk management technologies. Responsibilities: 1.Promotes consistency in the definition, measurement, and evaluation of credit risks. 2.Develops credit risk measurement processes appropriate to the needs of the Bank. This measurement system should be able to comprehensively capture credit risk, and in a manner that facilitates the on-line management of those risks. 3.Ensures that credit risk measurement systems and processes are regularly tested and verified against their predefined model assumptions, and are evaluated in terms of their capacity to accommodate growth of volume and the addition of new products. 4.Ensures that all analytic and proprietary credit risk models are revalidated, according to the Bank's policy and CBK regulations. 5.Reviews credit concentration reports by asset segmentation in terms of credit facilities, industry sectors, past due ageing and collateral cover. 6.Reviews overall credit portfolio as to risk class categories. This report will be supplemented by an assessment of possible future economic scenarios and the likelihood of asset migration to lower risks that may result in potential losses, and as such, require higher capital allocation. 7.Reviews the "risk-return" exposure at credit facility level and / or industry level in order to develop a "Target Market". 8.Prepares annual evaluation of credit risk migration pattern of borrowers, estimate " probabilities of default", and map against industry standards. 9.Prepares the quarterly "Risk Asset Analysis" report submitted to senior management. The report summarizes the credit risk exposures of the Bank as well as the risk profile of the credit portfolio. Job Details Date Posted: 2013-08-13 Job Location: Kuwait Job Role: Other Company Industry: Banking Preferred Candidate Career Level: Mid Career Apply Now - Jobs in Kuwait - Other Jobs in Kuwait - Search All Jobs

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