Job Purpose Summary:
The incumbent will be responsible for assisting the management of the process of credit approval on individual credit facility proposals for Corporate customers, assess the quality of the credit exposure sought to be undertaken and adherence to established policies and procedures. The incumbent will constantly research and seek to apply best practices in credit risk, in accordance with Basel II and other relevant guidelines.
Essential Duties & Responsibilities:
- Be a Team Leader who can lead and guide the credit analysis team members within the division.
- Perform activities within the assigned Credit Risk Strategy that reflects the Group's tolerance for risk and the level of profitability the Group expects to achieve for incurring various credit risks.
- Ensure the use of a standardize process for evaluating credit proposals and that all approved credits are within QNB's Credit Risk Strategy.
- Assist the Head of Risk in creating KPIs for the department and monitor their achievement on periodic basis.
- Coordinate with Compliance Group to ensure appropriate response to obtain updates on regulations pertaining to credit risk review.
- Build and maintain strong and effective relationship with all other related departments to achieve the Group's goals and objectives.
- Ensure adherence to the TATs specified in the SLAs, submit accurate and timely production of credit portfolio report on a monthly basis.
- Ensure compliance with approved credit risk policies & procedures and to ensure that a sound environment for identifying, measuring, monitoring and controlling credit risk are in place.
- Coordinate with business units RMs for timely receipt of customer documents and other relevant information required to evaluate the credit worthiness of the proposed borrowers.
- Supervise the assessment of the credit proposals and ensure that it is adequate and analyse the various credit risk facets to measure a final credit risk rating, including but not limited to, an assessment of the requested facility and guarantees provided.
- Address / facilitate correction of any weaknesses identified during assessments, audits or examinations.
- Support in credit risk management training across all business areas within the Group.
Education / Experience requirements:
- Bachelor's degree preferably with a major in Finance, Banking, Economics, Mathematics or Business Administration related field of study.
- At least 10 - 15 years of relevant working experience in banking institution, with at least 2-5 years in supervisory role within the credit risk function.
- Good knowledge of Basel II Accord, with emphasis on credit-related issues and credit modelling methodologies.
- Experience in working with large and complex data sets.
- Proficiency in risk concepts, banking products, operations, systems, regulatory requirements, International Accounting Standards, financial markets and products.
- Ability to lead and coach junior team members.
- Excellent oral and written communication skills in English.
- Self-starter, independent, organized, structured and with good inter-personal skills.