ERM and Credit Risk ERM and Credit Risk …

First Abu Dhabi Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Last application, 15 Jul 19
Competitive
First Abu Dhabi Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Last application, 15 Jul 19
Competitive
The job holder will be responsible for developing and implementing ERM and portfolio credit management strategies; frameworks and control systems to ensure the FAB franchise operates within an agreed risk appetite and complies with its internal policy and external regulatory obligations. Independent oversight and monitoring of Enterprise Risk & credit/counterparty risk are required.

KEY RESPONSIBILITIES:
Governance
In conjunction with, and as required by the Country CRO, manage the comprehensive risk reporting framework (covering risk profile of FAB Franchise in Hong Kong, macro risks factors, risk mitigations plans etc.) for local and Group Risk & Compliance Committee.
 
Leadership and Change Management
Champion the development of risk culture to drive heightened awareness and understanding of prudent risk management practices; advise and guide the risk teams on technical aspects.  
 
Policies, Systems, Processes & Procedures
Assist in development and effective implementation of risk policies (Enterprise Risk, Credit Risk), procedures, controls, models and monitoring system so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.
 
Estimated Credit Loss and IFRS 9
Manage the preparation of estimated credit loss in line with the latest IFRS 9 requirements.
 
Job Context:
Risk Management Framework
Monitor identification, assessment and documentation of risk management and controls, including risks associated with new or modified products, services, distribution channels, regulations and third party operations to achieve compliance with defined policies and framework.
 
Enterprise Risk Management
Roll-out ERM risk policies & procedures including Risk Appetite Metrics and Thresholds. Monitor the Risk Appetite Metrics Thresholds vs the Actuals and reporting of breaches.
Define the stress testing framework as per the local regulatory guidelines and Group framework. Define the stress testing scenarios and determine its impact on portfolio as per the local regulatory guidelines.
 
Credit Risk
Roll-out Credit risk policies & procedures.
Assist Country CRO in setting up of the Country, Industry, Portfolio Risk Limit Framework and ensure that the limit framework is in compliance with the Group Wide Country Limit Framework
Classify NPL & PDNI as per regulatory guidelines and calculate the provisioning requirements as per the regulatory guidelines and IFRS 9 requirements.  Prepare the monthly NPL schedule, PDNI Schedule and annual forecast as per the group reporting framework.

KNOWLEDGE, SKILLS AND EXPERIENCE:
Minimum Qualification
Master’s degree in Business Administration or equivalent.
Professional Certification in CFA, FRM, or a related discipline is preferred.

Minimum Experience
Minimum 5 years’ experience in credit risk or ERM roles.
Demonstrated knowledge of local regulatory requirements in relation to ERM/Credit Risk.

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