Job Description

Job Description

Job Purpose:

The overall responsibilities of this position are vital within Group Credit Risk team covering areas relating to PW & BB Portfolio including Group level provisioning under IFRS 9, Credit Risk Reporting, analysis and regulatory aspects such as Asset Quality, Impairment, provision adequacy & coverage, and credit portfolio monitoring & reporting. The role holder’s primary responsibilities include:

  • Undertake IFRS 9 staging and Provisioning review process as per Regulatory requirement and internal policy including international locations.
  • Assist in reviewing inputs & variables used in the development of various Models. (Rating Models, IFRS9 related PD & LGD Models etc .
  • Assist in analysis of Assets Quality, Impairment Charge, Coverage and COR by business segment for PW & BB Portfolio across FAB Group
  • Assist in submission of detailed monthly dashboards and analysis reports
  • Maintain Risk data base (PW & BB) for robust monitoring and Reporting of Credit Risk
  • Asist in portfolio stress analysis related to PW & BB Portfolio.
  • Work on specialized Project, budgets and forecast related to PW & BB Portfolio

    • Key Accountabilities:

    Policies, Systems, Processes & Procedures

  • Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
  • Always demonstrate compliance to organization’s values and ethics to support the establishment of a value drive culture within the bank.

    • Continuous Improvement

  • Participate in the identification of opportunities for continuous improvement of the process. Collaborate within Risk and partner with Business, Credit, Finance, Relations and IT to improve/streamline the systems/processes.

    • Job Context:

    Specific Accountability

    'PW & BB – Credit Risk:

  • Assist in reviewing input data and coordinate with other stakeholders like PW & BB Credit, ERS team in development, rollout and maintenance of various models and scorecards etc
  • Assist in Carry out thematic portfolio stress testing/scenario analysis by providing relevant data set.
  • Support in annual budgeting and forecasting exercise of PW & BB portfolio.

    • IFRS 9 Execution and Reporting:

  • Undertake IFRS 9 staging and ECL review process adherence to IFRS/local regulatory requirements/ internal policies and provide flash report to line manager
  • Coordinate with overseas Risk team to conclude IFRS 9 run 
  • Maintain and follow-up on approval of the staging and ECL overrides as required under IFRS9 Imperilment policy.
  • Provide support for the annual review and update of IFRS9 Impairment policy.
  • Assist in identification of optimization opportunities within the portfolio through data correction and other initiatives.
  • Follow up and provide support to close any pending points related IFRS 9 review to Steering Committee
  • Oversight on monthly basis input data submission from Credit Department for IFRS 9 such as NPL, IIS and ECL to ensure that ECL Provision accurately reflect Group risk profile.
  • Assist in preparation of IFRS9 related MIS / data/reports to be submitted internally and to regulatory authorities.

    • Early warning, thematic review, Credit Risk Appetite

  • Provide support to carry out thematic review / Stress testing as required by Management by Providing required data set.
  • Prepare Tier 2.5 demographics for risk appetite reporting & monitoring for PW & BB

    • Portfolio Management & Regulatory reporting: PW & BB /FAB:

  • Preparation of reports to monitor credit quality of the portfolio across PW & BB Portfolio.
  • Assist in the development and maintenance of credit risk data base to ensure timely availability of data for analysis, forecasting and decision making. 
  • Assist the development of dashboards for the managed portfolio.
  • Prepare Industry-wise exposure, ECL and collateral coverage for Credit Risk deck, Investor Relations, Rating Agencies, etc.
  • Prepare Stage3 reporting and reconciliation on a monthly basis in coordination with Finance
  • Prepare Tier 2.5 demographics for risk appetite reporting & monitoring for Consumer Banking
  • Prepare reports for various Rating Agencies for further submission to Investor Relations
  • Prepare Credit Risk related Pillar 3 disclosures for Industry and Geography breakdown
  • Provide relevant risk information and analysis to support discussions with credit rating agencies / External Auditor /Central Bank etc
  • Engage with IT and other relevant departments to streamline processes and improve efficiency across the bank.
  • Provide support and data sets as required by Internal/ External/ CBUAE Auditor in their respective reviews.

    • RCSA , BCM, KRI and Operation Risk Management :

  • Prepare BIA and BCP for Credit Risk in coordination with Business Continuity Management
  • Prepare RCSA in coordination with Group Operational Risk Management.

    • Qualifications

    Minimum Qualification

  • Bachelor’s degree in accounting, statistics, economics or related discipline.
  • Strong analytical skills with experience in analytics & portfolio data management
  • Knowledge of advanced excel and power-point skills is a strong plus

    • Minimum Experience

  • 2-4 years’ relevant experience

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