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Division Head Credit Risk Assessment and Monitoring, Jeddah, Saudi Arabia

JOB PURPOSE:
This role is responsible for managing the overall performance of the
  • Credit Risk Assessment & Monitoring
  • division for ICD
  • by providing advisory input about the best practices in Credit Risk assessment and
  • reporting system for new and existing transactions for ICD projects . Also This role is responsible for managing the team of Credit Risk by measuring their quality of work and performance .
DUTIES AND RESPONSIBILITIES:
  • Leads assessing the risk of all new banking transactions and in monitoring, reporting, and managing the credit risk of the banking portfolio
  • Advising and recommending new transactions particularly in respect of risk mitigation measures, transaction structuring, pricing, terms and conditions, and financial covenants
  • Lead in ensuring appropriate pricing of new transactions based on risk rating, capital requirement, and portfolio and market considerations
  • Assuring that each transaction complies with portfolio management objectives and exposure and concentration limits
  • Lead in ensuring timely review of existing transactions in the portfolio and providing support for approval of risk ratings
  • Lead in providing support for approvals of waivers of loan covenants and conditions, changes in terms, and other amendments to transactions agreements
  • Leads conducting special reviews of sectors, countries, products, or groups where appropriate
  • Lead in analyzing and reporting the aggregate risks and trends in the banking portfolio
  • Lead in providing support for Investment Committee meetings
  • Providing consultation and advice on transactions with weak or rapidly deteriorating credit quality as well as on management of impaired transactions
  • Providing consultation and advice on suitable provisioning requirements for impaired transactions
Educational Qualification::
  • MBA in Finance or Management
Work Experience:
  • 15 years of experience with leading international financial institutions in credit risk or origination role, leading and working on credit risk assessment and structuring of individual loans, guarantees, and equity investments in corporate and project finance transactions.
  • Strong knowledge of banking products, financial and risk modeling, stress test methodology, analytical framework for assessing economic capital and loan loss provisioning, credit rating methodology, and risk management concepts
Note: you will be required to attach the following: 1. Resume / CV2. Passport-size photograph