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Executive Manager- Credit Risk Private Banking & Wealth Management

Burgan Bank


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10-12 Years
2 months ago
124 Viewed
5 Applied

Job Description

Purpose and Scope:

The Executive Manager- Credit Risk Private Banking & Wealth Management supports the direct manager in managing the independent assessment of the credit quality of the Private Banking & Wealth Management business portfolios and assessing the sufficiency of the credit risk review framework, design and adequacy of the related practices, ensuring appropriate monitoring, risk assessment and compliance with policy, procedures, regulatory requirements and regulations.

Job Roles & Responsibilities

Strategy, Planning and Management

Strategy Formulation

  • Manage the function with a responsibility to provide independent, objective, reliable, valued, and timely assurance to the business, management and committees.

Planning and Management

  • Lead and facilitate credit reviews on a timely fashion and healthy portfolio oversight while providing key inputs for the Bank's credit and other risk policies, procedures framework as well as the overall appetite and risk tolerance and ensures non-performing loans are within the Bank's risk appetite levels.

Operations, Review and Reporting


  • Maintain updated knowledge of rules, regulations and standards in the concerned field and related matters of interest to the department.
  • Provide an independent risk perspective and manages the credit risk review/oversight proactively to ensure high quality of credit assets.


  • Lead the proactive reviews of the loan portfolios, ensuring appropriate risk assessments are maintained to advise the Business and Management on the identified risks and recommended actions.
  • Ensure an effective Management of the credit underwriting process from the point of initiation of the deal at the BU level until its approval by the Approving authorities.
  • Facilitate in compiling comprehensive risk analysis within the agreed SLAs on the proposal for initial sharing with the BU and recommends possible risk mitigation strategies and credit enhancements to facilitate the overall risk-return to the approving authorities.
  • Ensure regular monitoring of the credit portfolio and identifying early signals/ high risk accounts on an ongoing basis based on the client's account conduct, local market intelligence etc. and subsequently highlighting the same to the senior management and approving authorities.
  • Collaborate with other risk management functions on Risk Group initiatives and challenges that impact the Risk Strategy and overall risk profile of the bank.
  • Work with key stakeholders, business areas and related units to improve and enhance the effectiveness and efficiency of the credit review cycle and its related processes. Including but not limited to process automation, improvement in controls, reduction in paperwork, reduction in cycle times & minimizing the number of potential errors e.g. with Credit Control.

Review and Monitoring

  • Review portfolio collateral coverage after applying stress tests for both real estate and stocks used as collateral for the portfolios.


  • Generate and escalate periodic and ad hoc reports while ensuring accuracy and timeliness
  • Manage and review the production of Credit Risk inputs for the Board and Board risk committee reports.
  • Ensure accuracy and quality of submitted work with minimal reiterations and follow high ethical standards.
  • Any assignment/projects assigned by the management from time to time.

Stakeholder Management

Internal Interactions

  • Engage with the Business Units and crystallize the final reviews, analysis and recommendation for credit risk and refers the proposal to the approving authorities through proper channels, explain, justify and defend the risk perspective.
  • Participate in the various cross-functional committees/teams for multiple purposes to achieve optimal cooperation and to assume seamless quality/service.
  • Participate in MCIC and BCIC meetings where required; Coordinate with Board Secretariat and BCIC secretary to ensure the BCIC minutes are produced appropriately reflecting the discussions and also review and provide inputs for the final BCC minutes.

External Representation

  • Conduct Client visits, if required, to ensure a thorough credit due diligence, have a better perspective on the risk profile and facilitate risk sensitive facility structuring.

People Development

  • Drive effective selection and development of staff.
  • Evaluate performance and recommend developmental interventions for the team.
  • Coach the team in resolving complex or challenging issues while understanding their perspective.
  • Maintain and promote positive work culture and ensure high engagement levels of the team.

Succession Planning

  • Develop own successor(s) and commit to assist in the development of the knowledge and skillsets required; with the guidance and in coordination and support of Human Resources & Development Group, ensuring successor(s) readiness within the agreed time frame.
  • Ensure and be involved in the identification, assessment, development planning and review of own successors.
  • Coordinate and consult with GFH (where applicable) and Human Resources & Development Group for the application, selection and implementation of Succession Plans.
  • Discuss career development plans & provide employees with opportunities for development.
  • Partner with Human Resources & Development Group to ensure alignment and linkage of succession plans with other Human Resources initiatives.

Job Specifications:

  • Educational Qualification(s): Bachelor's degree or equivalent in a related field
  • Certification(s): CCM, ACCM, CFA, FRM, or Equivalent
  • Experience: Minimum 12 years of experience
  • Including at least 10 years in a bank or financial institution within a similar field with an extensive experience in wholesale credit markets, loan review capacity including In-depth knowledge of commercial lending practices and product.
  • Desired Attribute: Master's in a relevant field
  • Language(s) known: English (Proficient) and Arabic (Proficient).

Last Updated: 28-05-2024 07:29:07 PM
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