Job Description
the Commercial Bank of Kuwait - CBK is currently recruiting for the role of Manager - Risk Policies & Analytics
Duties and Responsibilities
Your main responsibilities in this role include the following:
Reviews and revises policies and procedures for the management of market, liquidity, interest rate, strategic and reputational risks by developing and/or enhancing models for measuring and quantifying various risks.
Evolves and helps apply the applied credit grading model and obligor grading and facility grading methodology to ensure compliance with Basel’s IRB requirement.
Assists in establishing appropriate measurement tools and tolerance levels in line with regulatory and prudential norms.
Analyses credit portfolio periodically and reports the internal credit risk limits and exposure levels to the Executive Management along with recommendations for adherence to stipulated tolerance limits.
Ensures the Following :
Economic capital for various risks is accurately calculated
Stress Tests are conducted accurately and as required
Calibrating probability of default in order to develop LGD database.
Calculating the Credit VaR / Unexpected loss of the Credit Portfolio.
Monitor various risk limits relating to liquidity, interest rate, market risk etc., and prepares/checks the various daily/monthly/quarterly/half yearly risk reports
Job Requirements
Good risk management & avoidance of loss, fraud etc
Compliance with risk policy
Successful reporting to internal and external stakeholders .
Risk policies in line with overall CBK frameworks.
Successful relationships with users on risk issues.
Finance. CFA, CRC, RMA, CCRA, FRM, PRM preferred
Job Details
Company: Commercial Bank of Kuwait - CBK
Employment Type: Full-time
Job Location: Al Kuwait, Kuwait
