• AlTijari CBK Careers | Manager - Risk Policies & Analytics, Kuwait

    AlTijari CBK Careers | Manager - Risk Policies & Analytics, Kuwait

    Location: Kuwait

    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