JOB : Deputy Manager/ Manager - Risk
DATE
16-May-2017
EXPERIENCE
5 to 10 years
GENDER
Any
COMPANY PROFILE
Our client is one of the leading Bank in Kuwait.
DESCRIPTION

JOB PURPOSE:

 

 To implement the approved risk strategy and policy of the Bank and to ensure evaluation, measurement, monitoring and management of all risks (credit, market, operational, legal etc.) in the branch. Review of all credit applications and ensure quality of assets.

 

BASIC RESPONSIBILITIES:

 

Policy Implementation & Control:

-       Responsible for review establishing and maintaining a policy framework to identify, measure, monitor and control/manage all risk areas of the Bank and to be in compliance with internal rules and local regulations.

-       Implement risk policy and enforce controls that ensure transactions are carried out in accordance with approved policies/ limits and in compliance with regulatory and legal requirements.

-       Develop, maintain and modify as required, systems and methodologies, to evaluate, measure and monitor risks, in line with the bank policy and HO guidelines.

 

Risk & Credit Admin

-       Develop and maintain system to ensure proactive and efficient risk and credit administration including, limits, documentations, and collateral management.

-       Review of provisioning as per IAS.

 

Documentation

-       To review and sign off standard and non standard documentation related to credit facilities signifying compliance with banks approved credit policy and procedures.

 

Review of Systems & Policies

-       Review system, policies and procedures, periodically to ensure their adequacy, and propose and implement any modification that may be necessary.

-       Develop and establish an annual audit plan using risk based approach sufficient to achieve objectives.

-       Provide Management with an independent risk evaluation of ongoing operations, covering all areas of business, internal controls, reports audit findings and risk issues.

 

Support to Business Units

-       Provide assistance to business unit for day to day management of risks as well as formulation of business strategy.

 

 

Review of Credit Proposals

-       To review credit/ investment proposals initiated by the business units.

-       Assess credit involved therein and make appropriate recommendations thereon, before submission to the approving authority.

-       To review and ensure that credit proposals comply with guidelines of the applicable banking regulatory authority/ and highlight exceptions, if any.

-       Review and ensure that credit proposals are in compliance with the credit policies and procedures of the bank and highlight exceptions if any.

-       Review and evaluate credit proposals with regard to pricing structuring and collateralization of credit facilities.

 

PERFORMANCE MEASUREMENT

-       Non performance loans

-       Audit Comments

-       Risk Asset Quality

-       Asset Quality

-       Policy Violations

-       Quality of measurement and reporting

-       Quality of CAs / ATs

-       Feedback from Business Unit

-       Adequacy of systems

-       Timeliness

-       Level of Reports

 

CANDIDATE PROFILE
EDUCATION REQUIREMENTS - Masters – Business (Accounting) - Professional Qualification / Certification - Certification Program FRM TECHNICAL REQUIREMENTS Skill Family: Functional Skill Description :Knowledge of AML Rules Level : Frequent User - 5 YRS or More LANGUAGES REQUIRED Arabic English
EDUCATION LEVEL
Masters
LOCATION
NA
NATIONALITY
Arabs;Any
CONTACT PERSON
Ms. Rakhi T. Sachdeva - Recruitment Manager
CONTACT PHONE NO. 00 965 22622757 Ext (202)