Sr Manager Credit Risk Audit

Job Purpose To independently appraise the credit assessments and levels of provisioning pertaining to lending provided to the Bank s customers from commercial to corporate and financial institutions by reviewing various associated credit risks Thereafter to make suitable recommendations thereon for consideration of the appropriate approval authorities This is a key assurance service for the Board of Directors and management of the Bank to ensure that credit risk and provisioning are accurately stated Furthermore it is role upon which the UAE Central Bank places significant reliance Key Accountabilities Define and Develop Credit Risk Audit Plan Independently assess the adequacy of creditrelated controls across the bank that could cause credit losses to NBF Develop the longterm and mediumterm Credit Audit Plans using risk assessment criteria and ensuring compliance with all applicable laws and regulations Continuously monitor changes to the credit risk profile of the bank and adjust plans according to changes To draw any weaknesses or shortcomings noted to the attention of management Plan Conduct Audit Assignments Plan assignments by performing risk and control assessment to develop a Risk Control Matrix detailing the tests required to analyse credit control effectiveness Ensure the findings of audit reviews are discussed with management on a constructive basis in order to develop the most appropriate proportionate solutions to issues arising Report the results of audit reviews and conduct follow up to ensure management complete actions escalating failure to progress actions as appropriate Education Graduate in Commerce or Finance CA CPA CIA Other relevant auditing qualification Experience and Skills Work Experience 10 years experience in auditing and or credit risk in banking financial services environment Skills Sound capability of understanding and performing critical analysis of corporate credit cases and credit processes evaluating risks controls and making risk mitigation and value adding recommendations Ability to make sound decisions in a timely manner Sound knowledge of UAE Central Bank and other regulatory body rules include anti money laundering controls An expert in Corporate Credit with ability to improve controls surrounding Operational and Business processes Excellent Business English verbal and written communication skills including experience of presenting to and communicating with management Can critically evaluate new procedures and products and highlight unidentified conventional and emerging risks Selfstarter and results oriented High degree of professional scepticism natural curiosity and a keen eye for detail