Overview
Senior Professional, Credit Risk/Shanghai | SA | In-Office Jobs in Jeddah, Saudi Arabia at New Development Bank
Position: Â Senior Professional, Credit Risk (Based in Shanghai) | SA | In-Office
Senior Professional, Credit Risk (Based in Shanghai)
New Development Bank Jeddah, Saudi Arabia
Posted:2 days ago
Type:In-Office Job
Contract:Permanent
Compensation:Competitive
Closing on:
February 10, 2025 at 11:59pm (China Standard Time)
Duty Station:
Shanghai, China
Target Market:
Global recruitment
Position Objectives:
The Risk Management Department manages risks related to NDB’s activities, including credit, market, liquidity and operational risks, following leading practices that are aligned with international standards. The Department provides inputs to strategic financial planning and day-to-day operational decision-making of all types of risk. The Department provides risk management advice toSenior Managementand the Board of Directors independently from originating / business units, on the financial risks and non-financial risks, risk premium of the Bank’s transactions and risk-based capital requirements.
The Department is responsible for developing and maintaining an effective risk management framework, including policies, procedures, limits, systems, tools, data and techniques across the various elements of life cycle of risk management.
The Senior Professional, Credit Risk is responsible for credit risk programs and initiatives that calibrate the Bank’s risk appetite. Oversight on the design and delivery of credit programs, methodologies, tools and approaches are central to the organization’s mission and establishing a reputation for quality and reliability in risk management. Demonstrating adaptive capacity to address emerging risks and varied client needs sustains relevance and positions the organization to be a reputable International Financial Institution (IFI).
Duties and Responsibilities:
Purpose (Adapt)
Oversee credit risk maps, areas of priorities and adaptation of credit risk management services to ensure responsiveness of programs/projects to changing client needs and operational challenges.
Adapt credit risk frameworks, models and methodologies to respond to changing operating challenges while aligning with the Bank’s policies and global best practices.
Identify variances in credit risk exposure across bank’s processes and provide tailored recommendations to effectively mitigate and reduce risks across units in the Bank.
Modify stress tests for credit risk models to measure impact on industries, sectors, countries and borrowers while implementing measures to minimize risk exposure.
Engagement (Persuade)
Build capacity of the Credit Risk team to deliver tailored interventions and action plans across industries, sectors, countries and borrowers to address credit risk management issues, sustain business operations and deliver of programs/projects in the Bank.
Conduct due diligence and provide tailored advice toSenior Managementof RMD on defining the risk appetite of the Bank from a credit risk perspective.
Partner with IFIs on the benefits of credit risk awareness across different operational contexts to build internal capacity in spotting and addressing potential credit risks issues which strengthen risk management practices.
Network with IFIs to build a solid support base for tailoring the Bank’s credit risk management policies and approaches sustaining program assessment, development, and evolution.
Delivery (Adapt the project cycle)
Organize credit risk monitoring frameworks and programs to ensure the early identification …
Title: Senior Professional, Credit Risk/Shanghai | SA | In-Office
Company: New Development Bank
Location: Jeddah, Saudi Arabia
Category: Finance & Banking, Management
