VP- Credit Risk Policy & Analysis (Emiratised)

 Are you ready to join us on our exciting transformation journey at the largest bank in the UAE? This is an opportunity to make a real impact on our customers, employees, shareholders, and communities, as part of the FAB team. We're committed to our grow stronger movement, and as a member of our team, you'll have access to everything you need to advance your career and make a meaningful contribution to our shared success. If you're looking for a career that will help you stand out and make a difference, now is the time to join us. Let's work together to achieve great things.

JOB PURPOSE:

The overall responsibilities of this position are vital within Group Credit Risk team mainly covering areas relating to WB & International Banking Portfolio. Responsibilities include ensuring portfolio is within group risk appetite, early detection of any deterioration in the portfolio quality, and provide comprehensive review of the quality of the book. The role holder’s primary responsibilities include:

• Credit Review of proposal submitted to CEC and BMC.
• Country Risk Limit and Industry Risk Limit approval and Monitoring.
• Review of Policies, Procedures, and Frameworks
• Review of WB and International Banking IFRS 9 staging and Provisioning review process as per Regulatory requirement and internal policy including International locations.
• Analysis of Assets Quality, Impairment Charge, Coverage and COR by business segment for WB and International Banking
• Preparation of detailed monthly dashboards and analysis reports by business segments/products and Management.
• Credit Risk Reporting analysis and regulatory aspects such as Asset Quality, Impairment, provision adequacy and credit portfolio monitoring & reporting.

KEY ACCOUNTABILITIES:

Policies, Systems, Processes & Procedures

• Implement group-wide Credit Risk policies and procedures.
• Ensure compliance with all relevant procedural and legislative requirements.

Group-wide Asset Quality Review

• Monitor and review overdue lines through the Past Due Not Impairment (PDNI) process.
• Liaise with stakeholders to obtain PDNI data and follow up on action plans.
• Prepare reports for CEC and regulators on credit quality and PDNI portfolio.
• Proactively identify signs of credit portfolio deterioration.

Group-wide Risk Analysis and Presentation

• Prepare detailed risk presentations for CCB, IB, and international portfolios for CEC, Board Risk & Compliance Committee (BRCC), and Group Risk Committee (GRCC).
• Conduct risk analysis and thematic reports for senior management.
• Review ECL files and support ECL optimization.

Group-wide Regulatory Reporting, Liaison, and Compliance

• Prepare and ensure accuracy of PDNI-related regulatory reports.
• Support ERM team on risk-related regulatory reporting.
• Ensure compliance with internal and external policies and standards.

Credit Reviews – Funding Programs

• Review credit proposals for CEC1 under CCB, IB, and international corporates/conglomerates.
• Provide feedback on product programs and credit policies.

Continuous Improvement

• Seek opportunities for continuous improvement and sustainability of systems and processes.

Reporting

• Ensure timely and accurate preparation of departmental reports.

Job Context

Specific Accountability

Wholesale Banking Group and International Banking – Credit Risk:

• Help SVP & Head of CCB & IB Credit Risk & Portfolio Management in establishing a WB and International Banking Credit Risk Management Framework.
• Review and analysis of WB and International Banking credit risk policies Credit Policies, Product Programs, RACs, C2P2 from Credit Risk prospective in coordination with respective credit team and product representative of business.
• Partner with WB and International Banking Credit in development, rollout and maintenance of Score Cards.
• Help SVP & Head of CCB & IB Credit Risk & Portfolio Management in Development of framework for validation of Credit Rating models.
• Support designing WB and International Banking application score card cut off strategies and scorecard usage guideline for credit approval. 
• Identify credit risk emanating from existing as well as new products that are being launched by WB and International Banking.
• Carry out thematic portfolio stress testing/scenario analysis to ensure quality portfolio growth of WB and International Banking.
• Monitoring Performance of WB and International Banking scorecard on periodical basis.

General Responsibilities:

• Review of credit proposals being submitted to CEC and BMC. Share the findings / observations with GCRO.
• Manage the approval and monitoring process for Country Risk Limits. 
• Manage the approval and monitoring process for Industry Risk Limits.
• Provide feedback on Credit risk information framework which includes data for GCRO’s quarterly risk dashboards, and other important credit risk reports submitted to Management-level and Board-level Risk Committees.
• Preparation of reports to monitor credit quality of the portfolio related to WB and International Banking.
• Drive the development and maintenance of credit risk data base to ensure timely availability of data for analysis, forecasting and decision making. 
• Timely delivery of dashboard, report and various committee presentations such as GCC, GRC, BRCC, and other committees to enable regular monitoring and reporting of performance of WB and International Banking portfolio.
• Development, analysis and interpretation of key Risk KPI drivers in order to apprise credit risk at horizon. Moreover, provide detailed monthly value added analysis and variance against budget and forecast.
• Prepare and review monthly risk forecast and long term financial plans for WB and International Banking segments.

Portfolio Management:

• Analyse monthly Credit Risk portfolio KPIs and submit review, scenario analysis and recommendations covering Group, geographies, segments and subsidiaries.
• Monitoring of designate credit risk appetite and reporting an ongoing basis.
• Recommend prudential norms for various Credit Risk and exposure limits.
• Alert the Risk management for carrying out suitable corrective action in case of breaches discovered during risk monitoring process.  
• Measuring, forecasting and managing credit risk as per FAB’s risk appetite framework

Others:

• Advise to line manager on evolving regulatory guidelines and provide scenario analysis for impact on Group impairment charge and capital. 
• Provide relevant risk information and analysis to line manager to facilitate their discussions with credit rating agencies / External Auditor /Central Bank.

Minimum Qualification

• Bachelor’s/Master’s degree in Finance, Accounting or related discipline
• Adequate knowledge of financial services business
• Strong mind-set of improving processes and decision making through automation, analytics, technology.
• Relevant experience is a plus.

Minimum Experience

• Minimum 9 years of experience in banking sector with at least 4 years in the same field with progressively increasing managerial responsibilities in the Credit Risk function.