To identify and analyze the areas of potential risk threatening the assets, earning capacity or success of the organization.
Facilitate and report on the identification of risks, measurement of the identified risks, and monitoring of risks.
Analyze and report on the risk to the company of its customers not paying for goods or services or defaulting on loans.
Analyze and report on likelihood of risky events, such as system breakdowns and employee fraud
Analyze and report on the impact on the company of new legislation.
Support the Head of Risk responsible for the portfolio risk effort, which includes measurement of risks associated with instruments in the portfolio.
Focus on longer-term, large-scale projects designed to enhance the firm’s risk market, liquidity and exchange risk identification analysis capabilities.
Development of risk models and methodologies (and related reporting) to identify and measure sources of risk within and across the portfolio.
Carry out ad-hoc quantitative analysis to support the Head of Risk with oversight for the market and liquidity risk effort in his/her communication of risks to portfolio managers, senior management, clients, prospective clients, and consultants.
Coordinate with associates from other business units as necessary for projects under development and to fulfill ad hoc requests.
Communicate about market and liquidity risk to audiences outside of the risk team as deemed appropriate by the Head of Risk responsible for the portfolio risk effort.
Reports to the Board on Credit applications as required.
Monitors financial results and operational trends by identifying problem situations and initiating and recommending appropriate corrective action.
Perform Risk Governance to identify gaps between the firm’s risk governance capabilities and regulatory requirements.
Perform risk assessments of Credit Risk Operations such as overall counterparty credit risk management framework, counterparty exposure management, mortgage default operations, and model validations.
Thorough understanding of some or all of the following:
Credit lifecycle within a commercial bank
credit risk management infrastructures
quantitative methods and tools supporting credit risk measurement
economic capital
competitive and regulatory drivers for credit risk management
integration of economic capital into performance measurement frameworks (i.e. Risk Adjusted Return on Capital (RAROC), Shareholder Value Added (SVA)
Current industry and regulatory issues
Knowledge of credit and market risk software (i.e. Credit Manager, Risk Manager
Assist the Treasury function on aspects of secured and unsecured funding concentration, liquidity stress testing, cash flow modeling, risk limits and metrics, contingency funding plan and liquidity reporting.
Assist with developing management and regulatory liquidity risk reporting framework.
Knowledge of a broad range of treasury instruments and the complex financial products (including all short and medium term money market instruments, foreign exchange, and interest rate derivatives) used to manage risk
Functional knowledge related to asset-liability management, interest rate risk, funding and liquidity risk, behavioral modeling, stress testing and scenario analysis, maturity mismatch, prepayment option modeling, sedimentation modeling, etc.
Understand leading practices in Treasury governance, processes, procedures and internal control environment.
Ensure all Credit operations are fully compliant with local laws and regulations
Establish and ensure adherence to procedures and guidelines for Credit.
Sanctioning and Collections for the Company in line with Company objectives.
Analyze high risk loans and develop trends, recommendations to improve operations
SPECIAL REQUIREMENTS
Degree in Finance or related discipline.
Three (3) years’ experience in a similar environment.
Knowledge of Risk Management.
Working knowledge of financial tools and application
Proficient in use of computer applications in particular Microsoft suite of products.
Research and Analytical Skills.