Head of Credit Risk - ICAAP & IRB (PD/LGD)

Mackenzie Jones

UAE

Ref: HP279-2933

Job description / Role

Employment: Full Time

This is a senior role with primary responsibility of owning the ICAAP and IRB projects internally.

Remaining up-to-date on all regulatory updates affecting both ICAAP and IRB internally.

You will:
* Ensure the institution properly identifies, measures and handles risks and prepares adequate reports on all these efforts so that the extent of risks which have occurred should not endanger the continuity of operations
* Be responsible for the presentation of risk strategy and in particular the implementation of ICAAP and IRB methodologies
* Be the subject matter expert when it comes to implementation and monitoring of ICAAP and IRB
* Be able to confidently present the relation between ICAAP results and available capital
* Deliver effective internal ICAAP reporting. This will involve the procurement and preparation of all information (risks and risk-mitigating instruments) regarding the risk positions of individual business lines and the overall institution
* Influence post control actions. Such as; risk reduction, risk transfer, reallocation of risk capital or raising of cover capital

Requirements

* Ideally hold a Masters degree in Economics, Finance, Engineering or a related field;
* Have a robust Credit Risk background
* Have a thorough understanding of Credit Risk Models (PD, LGD, EAD)
* Excellent technical and leadership background in IRB Implementation and ICAAP handling in a bank
* A thorough understand of all relevant risks that influence ICAAP

About the Company

Mackenzie Jones Middle East has decades of recruitment expertise in various industry sectors. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs.

So we always listen, constantly learn, occasionally challenge and frequently advise. Its all part of a service renowned for its courtesy, consideration and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists.

Were growing rapidly because people appreciate our honesty, commitment and results.

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