Credit Risk Specialist – Assessment & Validation job at DFCU Bank | Apply Now

Be responsible for the collation, analysis and publication of the Key Credit Risk and Performance Indicators including monthly trend analysis.

Proactive assessment of Industry/ Sector performance and risks to guide prioritization of business efforts.

Conduct Macro economic analysis and forecasting and advise the Bank on possible impact to performance.

Participate in conducting of periodic credit/ integrated stress tests and scenario analysis, assessing the impact on the Bank’s credit portfolio, and making appropriate recommendations to senior management for action.

Design relevant risk reporting tools & templates and prepare timely, comprehensive, and reliable credit risk reports.

Assess the quality of the overall loan portfolio through trends and other analytical risk indicators, to improve credit collections and recoveries.

Benchmarking quantitative and qualitative risk appetite and tolerances, as well as limit structures, relative to sound industry standards and regulatory expectations, while considering the Bank’s business strategies.

Analyze performance qualitatively and/or quantitatively, detecting problems and/or deviations, and recommend actions to mitigate losses and improve performance and profitability.

Perform regular portfolio surveillance including earnings review and credit market spreads.

Review the Bank’s credit analytics to enhance its accuracy and support in the review, understanding and management of model risk to mitigate losses arising from errors.

Assessment of model development and model review activities within various risk management domains.

Validation of assumptions, formulae and methodologies in the guidelines and processes for developing models and provision of recommendations in the regular improvement of the models (upgrade towards predictive models) to avoid and mitigate losses to the Bank; Including but not limited to rating parameters (EL, PDs, LGDs, EAD etc.), pricing and capital allocation models, RAROC framework, Credit Var estimation and regulatory Capital estimation (Standardized approach and Internal Rating Based approach).

Validation (for improvement) of the statistics used in portfolio analytics such as credit limit setting, loss forecasting, allowance for portfolio losses, loan stress testing, capital allocation etc.

Periodic review and enhancement of model governance policies, standards, processes, and procedures.

Validation of compliance with regulatory and statutory loan loss provisioning and other model development standards.

Advise Senior management on model risk management following independent model validation activities.

Periodic review and assessment of the bank’s country risk exposure.

Any other tasks as assigned on a day-to-day basis.