Credit Risk Officer

Arab Bank

Accountable for:

Participate in developing corporate credit risk management policies/standards.

Maintaining and testing corporate credit risk measurement methodologies and Credit Risk rating models .

Reporting the Bank s corporate credit risk exposure against set internal parameters (Limits, RAROC) & performing scenarios & stress-testing.

Participate in the efforts of implementing Basel II requirements for corporate credit risk and ensuring adherence to all requirements.

Participate in continuous review & improvement of corporate credit risk management in line with the Bank s overall strategy/risk appetite and Basel II and its related regulatory requirements.

Participate in periodic review corporate credit risk management policies and standards and key Credit Risk parameters in coordination with credit function.

Participate in periodic portfolio reviews & stress-testing & measure impact of corporate Credit exposure on the Bank/ Group s capital.

Participate in reviewing the credit rating methodology proposed by Credit function

Participate in reviewing tools to identify, measure and monitor corporate credit risk management.

Participate in testing the credit model & methodology on annual basis, and recommend changes to risk parameters & methodology

Prepare periodic portfolio/sub-portfolio reviews and stress testing and measure impact of credit exposure on the Bank/Group s capital against originally set/approved guidelines.

Participate in reviewing the Bank s aggregate corporate credit risk limits to reflect the Bank s risk appetite/strategy in accordance with Credit and relevant business functions

Participate in reviewing new corporate credit products and changes to existing ones as part of the New Product Development process

Participate in the efforts of implementing Basel II requirements related to corporate credit.

Participate in corporate credit risk management and Basel II awareness across the Bank .

Education:

 Undergraduate degree in Mathematics/ Engineering/ Finance/Risk Management or Banking from a recognized University.

 PRM/FRM & recognized professional Credit Risk management certification preferred.

Experience: Minimum 5 years experience in Corporate Banking or Credit with an international bank with exposure to emerging markets, of which 2years in a Risk Management or Credit Senior position role.

Competencies:

 Fluent in English (Arabic is a plus)

 Advanced mathematical, analytical, modeling and PC skills.

 Ability to effectively interact with senior management.

 Good interpersonal, communication, and presentation skills

 Solid knowledge of lending practices, tools, & Basel II requirements