· • "Don't hire geniuses, hire capable people." — Larry Bradley

Saturday, May 29, 2010

Opening for Head of Risk Management for leading Bank in Afghanistan

Position: HEAD OF RISK MANAGEMENT
Need candidate from Banking industry only
Send your profile to itmconsultancy@gmail.com
Location : Afghanistan


Organisational Context:

- Member of the Commercial and Risk departments

Reports to:
- Chief Operating Officer

Key Reportees:

- Members of Credit Policy / Risk Management department

Overall Job Purpose:

- Contribute to the strategic direction of the Bank through the development and implementation of Risk Management strategies, policies and procedures in support of the Bank's business goals.

Key responsibilities:
- Manage the Risk Management department in delivering high quality and professional service to the bank and the clients in the field of risk management.

- Propose and promote a common risk culture and awareness to be accepted throughout the bank, in particular by the Bank's Risk, Commercial and Operation Divisions, as evidenced by the introduction of credit committee, individual accountability and majority voting etc.

- Set objectives for measuring, monitoring, evaluating and optimizing the risk exposure of the bank and ensure that they are reported in a timely manner to regulatory entities and the management of the Bank.

- Ensure that the Bank's risks are properly addressed in terms of compliance with current and future rules and regulations established by local, foreign and supranational regulators as well as BANK's own rules and regulations.

- Be the executive of BANK responsible for contacts with high level external authorities locally and abroad for Risk Management matters and for meetings with management of banks and companies with which BANK has a relationship, in order to obtain the most updated risk management information and to facilitate the future business cooperation.

- Recommend and maintain proper approval processes for all transaction types to ensure proper risk control; determine the capital requirements and provisions for each of the Bank's products and activities to ensure sufficient provision on the book at all time.

- Ensure that the flow of new past due loans and non-performing loans stops in the Bank by the establishment of stricter rules for approval and a clear strategy on the industry segments that are to be pursued and target clients to be selected.

- Ensure that classified loans are reported and properly administered and that effective strategies to restructure and reduce the Bank's impaired assets are implemented.

Additional Comments:

Maintain internal relationships with:
- Coordinate with other areas of the bank, such as Commercial, IT, Operations, Finance/MIS, Treasury, Legal, Compliance, appropriately in order to create an efficient and effective communication via the functional lines.

Maintain external Relationships:

- Maintain good relationship at the highest levels possible with the regulators and influential persons for the benefit of the bank.

Responsible for issuance of:

- Credit Risk Manual
- Credit Policy manual
- Customer and Facilities Manual


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