Our client is a well known banking group providing retail, commercial, trade finance, treasury and correspondent banking services.
THE RESPONSIBILITIES:
Providing an effective and efficient credit risk sanctioning function.
Ensuring Risk adds value using expertise to the first line of defence credit applications.
Engaging and providing input in structuring of transactions as and when required.
Ensuring timely identification of adverse risks within the portfolio and early referral to the head of department when appropriate
Monitoring the external ratings of our counterparties
Emerging markets country/sovereign risk analysis (structural assessment of the vulnerabilities, proactive crisis alerts,; recommendation of limits, etc)
To participate in and implement new projects to develop credit and other risk management techniques and systems
Prepare, monitor and report on the Risk and Control Self-Assessment (RCSA, feeding into the bank-wide RCSA. This includes supporting Business and other departments in the update of their RCSA. This will be through workshops and reviewing and monitoring their RCSA’s and where appropriate provide challenge to the content and assessment ratings.
Coordinating of key control RCSA testing annually.
Support the collection and recording of incidents and losses and reporting any issues for escalation to the Head of Department.
To assist the head of department in project/duties related to Risk Management (e.g. ICAAP, ILAAP, preparation of ALCO/MRC papers; review of risk policy papers etc.)
To work as back-up for the maintenance of credit risk limits
To work as back –up for the verification and authorisation of draw-downs, ensuring these are in line with conditions approved
To assist with Committee (CRECO/ALCO/MRC) preparation and minutes, risk appetite adherence/compliance etc
Some additional knowledge of analysis of credit worthiness of retail (Buy-to-lets) an advantage (but not a requirement).
To assist with any other duty assigned from time to time.
EXPERIENCE REQUIRED:
Demonstration of an advanced understanding of Risk/Underwriting considerations, a keen analytical mind and sound commercial judgement
Reviewing second line of defence applications and recommending limits (sovereign, banks and corporates). Providing commentary on financial, credit and all credit risk factors)
Product knowledge in trade finance
Experience in operational risk
Preferably gained working within a small bank as part of a small team
Graduate in relevant area. Postgraduate/professional qualifications (CFA) would be an advantage.
Knowledge of African or International emerging markets an advantage
Knowledge of ICAAP and ILAAP would be an advantage
For further information please contact Eleanor Vine
