Person

The Manager Credit Risk Acceptance Criteria will be primarily responsible for establishing and maintaining the Credit Risk Acceptance Criteria Framework for QNB, international branches and subsidiaries, tailored for different portfolios, segments and targets of each individual branch/subsidiary in conjunction with Strategic Risk Management (SRM) department, corporate, commercial and retail banking units and Credit Policies team, the incumbent will assure that Credit Risk Acceptance Criteria (RAC) is in line with strategic targets of QNB Group, risk appetite defined by SRM and does not contradict with local and international regulations, prevailing market practices and QNB credit policies and procedures.

Experience

• The incumbent will be responsible for definition, quantification, measurement and improvement of RAC, and ensure that RAC is successfully integrated into credit assessment process.
• The incumbent defines policy limits and sets parameters for appropriate product offerings or structure of credit facilities allocated to obligors, carved for different segments and markets within the bounds of the relevant Risk Appetitive Statement. Also, he/she will set the exception criteria and maximum level of exceptions to be allowed.
• The incumbent will also be responsible for designing and overseeing reporting framework on RAC including but not limited with breaches and overrides.
• The incumbent will guide branches and subsidiaries to ensure consistency and quality of data to support the monitoring of RAC.
• Exceptions to the established RAC will be approved by the appropriate lending authority. The incumbent will collate all approved exceptions and develop suitable reports.
• Initiate process improvement and quality reviews to simplify and improve productivity.
• The incumbent provides input to SRM Department in the establishment of sector limits
• Manage QNB Credit Risk Acceptance Criteria Framework
• Ensuring RAC is successfully integrated into credit process and is effectively being used by credit allocation teams.
• Ensuring the highest standards of due diligence, credit and financial analysis and screening to ensure that non-creditworthy customers / projects are not granted credit facilities.
• Assist the Head of Group Credit Policies and Governance in formulating RAC, which can be translated as obligor/portfolio based tolerance for risk and desired level of risk-return of QNB Group.
• Ensure the use of best industry practices and standardized market processes for setting and monitoring RAC and ensuring that all credits recommended for approval are within RAC Framework
• Actively participating in the evolution and upgrading of credit policies & procedures

Qualifications

• University graduate with a degree or equivalent professional qualification preferably in banking, finance, economics or related subjects.
• Masters degree or equivalent banking related training or Professional certification such as London Institute of Banking & Finance (ACIB), CPA, CFA, FRM etc.
• Minimum of 8 years of experience in major international banks (or other comparable financial services or consultancy company) in a management position in a credit risk function
• Strong background and experience in corporate and retail credit, policy development
• High proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards and related pronouncements, including related best practices.
• Knowledge of Basel Regulations and Accords with particular emphasis on credit-related issues and credit modelling methodologies.
• Excellent quantitative modelling, analytical, and research skills.
• In-depth understanding of credit risk methodologies, interest rate modelling, VaR, and/or other complex financial risk modelling highly desirable.
• Prior experience of designing and implementing risk management processes.
• Knowledge of key subsidiaries’ markets and banking environment