CRO

THE COMPANY:

Our client is an international bank with offices based in the West End. They are a leading provider of corporate, personal, private, and correspondent banking products.

THE RESPONSIBILITIES:

• Identifying and implementing Credit, Market, Liquidity and Operational risk policies and practices and ensure that they meet the requirements and standards of all regulatory requirements.
• Ensuring that the data used by the Bank to assess its risks are fit for the purpose in terms of quality, quantity and breadth.
• Ensuring appropriate measurement, evaluation, reporting and governance exist for the risk-taking activities and portfolios.
• Assisting in developing risk mitigation and monitoring strategies for the Bank’s critical risks.
• Be fully independent of individual business units.
• Performing business, financial and operational risk analysis that could impact top-line and bottomline results and support senior management in decision making.
• Providing oversight and challenge of the Bank’s systems and controls in respect of Risk Management.
• Provide oversight and validation of the Bank’s external reporting of risk.
• Ensuring that the Bank is in substantial compliance with its internal operating policies and procedures and any external legal, regulatory and contractual requirements.
• Ensuring the adequacy of risk information, risk analysis and risk training provided to members of the Bank’s governing body.
• Establishing strong working relationship with Audit and other external constituents and partner with the business development team to ensure strategic vision of the Bank is developed with consideration for the risks involved and hence proactively manage the risks.
• Exercise prudent judgment when using delegated lending authority as given by the Board.
• Approve credit proposals within the delegated lending authority and ensure that exposures are managed within the defined Credit Risk Appetite.
• Ensure that the Credit Approval Unit, Credit Admin Department and Remedial Asset Management are functioning as per Credit Risk Governance Structure.
• Ensure that MIS and Early Warning Indicators (EWI) are robust enough to provide effectively and timely information to Senior Management.
• Review results of the stress testing of the credit and investment portfolio.
• Periodical review of the Bank’s Credit policy and credit risk appetite and recommending changes for updating the Risk Appetite Statement.

EXPERIENCE REQUIRED:

• Relevant experience in leadership roles within the banking industry including experience of developing and implementing credit and risk policies.
• In-depth experience in Risk and Credit within the Banking sector.
• Demonstrable strong strategic orientation.
• Proven track record to build and sustain stakeholder/third party relationships.

For further information please contact Marcus Courtney