Description
Role : Credit Risk Assurance Manager
Location : Abu Dhabi
Role Purpose :
The Risk Governance and Risk Policy team is primarily responsible for supporting the GCRO on :
- the end-to-end risk management and governance for Risk Committees and other governing bodies
- Policy Management and regulatory governance programmes and special projects and initiatives
- providing independent oversight and assurance on the Credit Risk Management Framework
Key Accountabilities of the role :
Assist the Head of Credit Risk Review with managing the Credit Risk Review Programme which assesses the Credit Risk Management Framework including the ongoing monitoring of the quality of the various credit portfolios and activities creating direct and indirect credit risk assessing adherence to policies and procedures and compliance with legal and regulatory requirements and evaluate results to determine if issues exist and improvement recommendation are required.Support the development of Credit Risk Review objectives and establish a Credit Risk Review Policy and Procedure(s) to address relevant Credit Risks.Asist with the development and execution of Credit Risk Reviews annual plan including monitoring of annual plan progress and changes.Perform continuous monitoring of credit portfolios regarding the identification measurement and management of Credit Risk and document and communicate findings to senior management and the Board.Participate in credit risk reviews to independently assess and challenge the application and sufficiency of Credit Risk Policies and Procedures.Evaluate the credit and financial strength of borrowers to determine if internal ratings and levels of credit exposure are acceptable.Monitor adherence to documentation limits and risk mitigants including review of covenants and perfection of collateral.Verify the adequacy and completeness of credit files.Ensure exams are performed in accordance with policies and procedures.Prepare work papers document review findings and conclusions.Provide consultative feedback to auditees.Contribute to the continuous improvement of Credit Risk Review tools and methodologies.Performs other duties as assigned.Skills :
Excellent communication negotiation and stakeholder management skillsA team player with the ability to work on your own at timesHigh degree of personal accountability quality accuracy integrity and trustAttention to detail and the ability to prioritize and deliver in a fast paced and dynamic environmentResilience and the ability to cope under pressureStrong organisational skills and the ability to manage multiple assignments concurrentlyA proactive approach to work in terms of suggesting changes and improvements to processesCommercial awareness and the ability to understand broad business issuesGood analytical and problem-solving skillsPrevious experience :
Minimum of 8 years of work experience in credit risk management credit portfolio management underwriting or review / quality control gained at a bank rating agency regulatory body or consultingExperience in diverse sectors / products including corporates financial institutions commercial real estate leasing structured finance and retail lendingWorking knowledge of risk and / or credit risk management and control frameworksUnderstanding of review / audit concepts within planning fieldwork and reportingAbility to articulate credit review opinions including where they diverge from 1LoDGood understanding of credit / loan documentationUAE working experience of 2 yearsFamiliarity with the CB UAE regulatory regime pertaining risk managementProficient with Microsoft Power Point Excel Word and OutlookRequired Experience :
Manager
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