Manager - Credit Risk

Job description / Role

- Validating financial data input in Moody’s for proper risk rating/grading.
- Evaluate credit proposals submitted by Business Banking Division for Risk Comments, scrutiny of the same for completeness and call for missing data/information, if any, from concerned ARM before passing on to Manger Risk for final evaluation.
- Comment on proposals involving write-offs/waivers of outstanding debts put up by Recoveries Department to Management.
- Comment on proposals from Retail Banking Division for approval of employers.
- Scrutiny of the proposals received from Mid-Sector and Large Corporate Divisions for Risk Comments for completeness and call for missing data/information, if any, from concerned ARM before passing on to Manger Risk for final evaluation.
- Receive and record proposals / Memos submitted by Wholesale Banking Division, Retail Banking Division, Recoveries Department, etc. as well as their disposal in the prescribed formats of the Division.
- Preparation and submission of consolidated reports relating to Credit Risk to the Management as and when required.
- Make file copies of proposals/requests received by RMD before despatch of originals to the concerned departments and store them in proper order for easy retrieval/reference.
- Periodic review of old records/files; transfer obsolete ones to Central Archives.
- Take initiatives in understanding Basel II Accord with specific reference to the provisions of the Pillar I for measurement of Credit Risk under the “Standardized” and the “Internal Rating Based Approaches”.
- Execute any other assignments as directed by her superiors.

Requirements

- Omani National preferred.
- Bachelor Degree holder in Finance with 5 years of Banking experience.
- Prior experience in Credit function in Bank’s is preferred.
- Well understanding of Business Banking/ Corporate Banking operations will be an advantage.
- Should be well avers with banking regulations and best practices
- Should possess very good written communication skills in English to prepare appropriate reports
- Should be well conversant with CBO rules and regulations, Bank’s internal policies and procedures and Omani Laws in general Banking Operations.
- Should be able to use risk management associated tools such Moody’s.
- Should be able to work independently and with a team
- Should be self-motivated, initiative, innovative and dynamic
- Analytical thinking based on available information and effective decision making abilities.

About the Company

Established on January 1 1990, Bank Dhofar is an Omani commercial bank wholly owned and managed by Omanis. With successive years of constantly setting new standards in banking, BD has attained an impressively expanding network of 50 operational branches and 89 ATMs.

Through an international network linked by advanced technology, BD provides a comprehensive range of financial services that encompass personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

Its Board of Directors & Management Team consists of eminent professionals like accountants, management experts, economists, businesspersons, etc. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.