Assistant Vice President, Portfolio Risk

About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

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

Shareholder & Financial:

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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.

Customer (Internal & External):

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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.

Internal (Processes, Products, Regulatory):

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Review and propose necessary changes to the existing portfolio management techniques and procedures for the domestic and…