Risk Management Manager

<p><strong><ins>Job Purpose</ins></strong></p>
<p>Responsible for maintaining acceptable credit quality of bank portfolio of client relationships. Coordinating with Unit Heads of Corporate Credit Risk Division and structuring transactions and maintaining quality of credit presentations to the CRO and senior management. Assessing the Unit members’ requirements and, wherever required, recommending specific training to enhance skills. Jointly responsible with Corporate Banking in keeping reviews and renewals for bank portfolio of accounts up to date. Coordinating activities within the Division for smooth functioning.</p>
<p></p>
<p><strong><ins>Key Tasks and Duties</ins></strong></p>
<p>• Manage the activities of assigned personnel in the division and performs managerial duties and exercise financial authority at the level established by management.</p>
<p>• Undertakes duties ensuring adequate risk controls and compliance by performing the following:</p>
<p>(i) Credit Risk strategy &amp; Policies: Provide input and implement a risk strategy and related policies for the continuous improvement of the quality of credit in order to support the achievement of the profitability targets, within the risk provisions/parameters of the bank and the regulators.</p>
<p>(ii) Asset Quality: Monitor credit ratings of clients in order to establish the credit worthiness and asset quality within approved bank standards.</p>
<p>• Review the corporate credit portfolio monthly, identify any adverse trends and make recommendations to address/rectify weaknesses through either individual account recommendations or through changes to credit policy.</p>
<p>• Continually monitor market/sector developments and prepare analytical reports covering the Bank’s exposure to sensitive sectors or those sectors with concentrated exposure.</p>
<p>• Monitor the bank's assets portfolios to ensure compliance with relevant legal, regulatory and bank policies and procedures governing operational activities</p>
<p>• Implementation of Basel II accord.</p>
<p>• Budgets: Provide input to the preparation of operating and capital expenses budget for the division.&nbsp;&nbsp;</p>
<p>• Support Wholesale Banking by ensuring timely approvals are provided for business proposals.</p>
<p>• Management: Manage, develop &amp; motivate staff to ensure team objectives are met including timely completion of related departmental administration.</p>
<p></p>