Mashreq - Assistant Vice President - Risk Management

- This role is envisaged to operationalize various aspects related to Risk review, control and monitoring.- Market Risk monitoring The role is to ensure strict adherence to various regulatory guidelines and BASEL requirements related to credit risk Review & Monitoring function.- This role also envisages monitoring various aspects related to market risk including regulatory requirements.- It would also include assisting the Chief Risk Officer (CRO), India on various aspects of credit, market risk and operational risk. 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)