AVP Risk

Client of Tandem Search

Responsibilities:

• Assist in the management of fundamental prudential risks of the bank: counterparty, leverage, liquidity, interest rate, currency, and other market risks./li>
• Support in the oversight and formulation of advice to the Branch on the current risk exposures of the bank and future risk strategy, including strategy for capital and liquidity management, with due consideration to the current and prospective macroeconomic and financial environment./li>
• Implement Operational Risk Management Framework (ORMF) that covers the Country within the Group s level of operational risk appetite and tolerance./li>
• Coordinate with Compliance to obtain updates on regulatory changes pertaining to risk to assess their impact on the Group s different portfolio risk profiles./li>
• Support the department head to provide timely and accurate risk information to Risk & Management Committees, external & internal auditors and the Compliance function as and when required./li>
• Relative to Market Risk Portfolio, ALM & Liquidity Risk Management; 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./li>
• Leverage on the necessary tools, systems, and MIS reports for monitoring of limits that relate to borrowers, counterparties, cross-border Group entities, and more specifically, excess over limit, expired limits, expired facilities, classification of advances per credit rating criteria, related party exposure, and credit concentration, Liquidity monitoring, and related market risk exposures./li>

Requirements:

• Knowledge of financial markets and products./li>
• In-depth understanding of risk methodologies, interest rate modelling, VAR, and/or other complex financial risk modelling./li>
• Strong understanding of operational risks across the full product/ process range found in banks/ FSI./li>
• Ability to work independently on multiple tasks and/or projects./li>
• Excellent oral and written communication skills in English./li>
• Adequate knowledge of IT systems/ applications./li>
• Proficiency in risk concepts, banking products/ operations/ systems, pertinent regulatory requirements, International Accounting Standards, and related pronouncements, including related best practices./li>
• Self-motivated, eye for detail./li>
• Flexible team player and able to work and deliver under pressure./li>