Mashreq - Assistant Vice President - Risk Management

Key Result Areas :

• Credit Risk - Review, Monitoring & Control : Assist Chief Risk Officer (CRO), India in review of credit proposals and ensure that the business and customers are within credit risk guidelines laid down by the Head Office.
• Ensuring the appropriateness of credit rating assigned to counterparties as per requirements.
• Undertake peer group comparison and industry / sector analysis.
• Make customer calls as and when needed to assess borrower's credit worthiness.
• On-going monitoring of credit portfolio through early warning signals like share price, adverse industry / company information.
• Pro-active identification of potential weak credits to ensure maintaining credit quality and minimizing credit cost / losses.
• On-going monitoring of system reports to identify irregularities including overdrawing and overdue.
• Escalating the same to senior management Assisting CRO, India in drafting changes / modification in local credit policies and procedures (ie based on changes in local regulatory - RBI guidelines).
• Monitoring / exercising due date control to ensure timely submission of annual review of credit lines and rating.
• Use Monitoring of RBI local regulatory requirements including prudential norms to ensure adherence toSingle & Group Borrower norms, Large exposures, Sectoral / Industry limits, PSL, Country / Bank limits.
• Preparation of presentation material for Risk Management Committee meetingsincluding credit portfolio reports.
• Vetting of loan / security documents including sanction letters.
• Periodic checks to ensure adherence to covenants and credit conditions as stipulated in related loan agreements.
• Market Risk : Assist Chief Risk Officer (CRO), India in 'Market Risk management' within Mumbai branch independent of dealing / trading (front) and dealing back office functions.
• On-going monitoring of various limit's both internal (HO) and regulatory (RBI) with respect to dealing activities (FOREX & Money Market).
• Monitoring of various prudential limits and ratios pertaining to market risk.
• Assist CRO, India in implementation of Regulatory guidelines related to BASEL implementation related to market risk.
• Prepare MIS reports including presentations related to market risk for Asset Liability Committee (ALCO) and Risk Management Committee (RMC).
• Assist CRO, India during Annual Regulatory (RBI) inspection, statutory and internal audits.
• Assist CRO India in drafting policies and procedures related to Market risk.
• ICAAP reporting and stress testing related to relevant risk.
• Ensuring implementation of BASEL norms for credit and market risk as prescribed by local regulator - RBI.
• Operational Risk : Reviews of Risk Registers, conducting RCSAs, undertaking BIA / BCP and other Operation Risk management issues.
• All other activities / assignments, as may be assigned by CRO / CEO India in line with Business need.
• Operating Environment, Framework and Boundaries, Working Relationships.
• The function will be independent from the business units and is part of the bank's risk management function.
• The role, however, requires a high level of interaction and working relationship with front office, back office, Finance & Reporting functions.
• Problem Solving.
• High level of understanding of various aspects related to credit risk monitoring.
• The role also requires flexibility and a positive business approach to support trading / dealing activities of Mumbai branch.

Decision Making Authority & Responsibility.

• The Job holder will be responsible in assisting the CRO, India to ensure highest level of credit quality for the loan portfolio of Mumbai branch.
• He has to ensure adherence to sanction terms.
• The job holder is responsible for spotting credit weakness, irregularities and alerting front office for corrective action.
• The job holder will be responsible to assist CRO, India in implementation of various regulatory guidelines pertaining to market and operation risk including BASEL requirements.
• The job holder will be responsible in on-going monitoring of market and ops risk including prudential limits, ratios and related functions.

Knowledge, Skills and Experience :

• Minimum 8-10 years' experience in risk management in a bank in India.
• University Graduate & Masters Qualifications in Finance / Chartered Accountancy (CA).
• Advanced credit skills broad understanding on credit rating process.
• Excellent written / verbal communication skills.
• Adequate knowledge on RBI regulations related to corporate lending.
• Working awareness on loan documentation and various loan / credit products.
• Proficiency in quantitative and financial techniques / skills.

(ref : iimjobs.com)