QNB-Assistant Vice President, Portfolio Risk

Job Summary

The incumbent will be responsible for supporting department in the implementation of Portfolio Risk Appetite framework at Group, Region, Country and various Portfolio levels, monitoring of Risk Appetite and Portfolio performance against Risk appetite metrics as well as taking Risk mitigating actions, ensuring underlying data and reporting processes are effective and accurate, recommending portfolio optimisation by facilitating economic capital Risk contribution concept and portfolio correlations, contributing to portfolio Risk project activities, embedding business objectives ascertaining Risk Appetite and tolerance as they relate to future strategy of the Bank, taking into account the Board’s overall degree of Risk aversion, current financial situation, and external market factors.

• Credit Risk Models
• Portfolio Monitoring
• RAROC (Risk-Adjusted Return on Capital)
• Data Analysis and Problem Solving

A. Shareholder & Financial:

Bring insightful judgment in the interpretation of Risk information and its impact on the business model of the Bank.

Management of fundamental prudential Risks of the Bank’s credit Risk.

Support in the oversight and formulation of advice to the Senior Management on the current Risk exposures of the Bank and future Risk strategy with due consideration to the current and prospective macroeconomic and financial environment.

Continuously rate / highlight the high Risk sectors/ industries/ customer segments and take adequate and timely mitigating actions / recommendations to reduce, diversify, shifting of these Risks.

Assess independently from business line executives, and with due regard to materiality, whether a proposed product launch or the pricing of Risk in particular transactions is consistent with the Risk tolerance determined by the Senior Management.

Implements KPI’s and best practices for Portfolio Risk Performance.

Promote cost consciousness and efficiency and enhance productivity, to minimise cost, avoid waste, and optimise benefits for the bank.

Act within the limits of the powers delegated to the incumbent.

B. Customer (Internal & External):

Coordinate with Compliance to obtain updates on regulatory changes pertaining to Risk to assess their impact on the Group’s different portfolio Risk profiles.

To assist customers in all their queries on Bank’s product and seek solution to their requests.

Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time.

Build and maintain strong/effective relationships with related departments/units to achieve the Group’s objectives.

Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.

C. Internal (Processes, Products, Regulatory):

Review and propose necessary changes to the existing portfolio management techniques and procedures for the domestic and overseas business in light of changing market conditions based on Basel Committee recommendations/ other best practices and QCB or any host regulator regulations and guidelines to ensure that a sound environment for identifying, assessing, measuring, monitoring and controlling Risk is in place.

Introduce a mechanism for periodic reporting of the Group’s portfolio quality trends to the relevant management levels.

In coordination with Credit, and other division heads, oversee the establishment of a portfolio limits structure (sector, industry, product, currency, country, region etc.) for the Group for approvals and for managing the Risk concentrations.

In coordination with different bodies in the Bank ensure availability of the necessary tools, systems, and MI reports adequate for monitoring of limits that relate to borrowers, counter parties, cross-border Group entities and more specifically excess over limit, past due loans, expired facilities, classification of advances per credit rating criteria, related party exposure and credit concentration.

Assist in identifying undue Credit Risk concentrations and in implementing new Portfolio Credit Risk Management technologies. Reviews credit concentrations by asset…