Al Baraka Group B.S.C. is looking to hire a Deputy Manager in the Credit & Risk Management Department in the Kingdom of Bahrain.
Job Objectives:
- Develop methodologies to collect and validate the Units' returns related to credit risks/assets quality, for preparation and submission to Central Bank of Bahrain / Board Risk Committee / NPA and Provision Committee reports.
- Analyze Units’ Assets Quality and provide recommendation for enhancement.
- Oversee the Units’ Operational Risk.
- Assist Head of Risk in the Assessment of the Overall Units Key Risks
Key Responsibilities/Duties:
Risk Management:
1. Create and continuously develop data gathering forms as per the new/additional requirements of the Board Risk Committee/Central Bank of Bahrain.
2. Prepare and submit reports to the Board Risk Committee / Management / its Committees.
3. Prepare reports to the NPA & Provision Committee, beside the role of being Secretary to the Committee.
4. Review, validate and verify, to the most possible level, the monthly risk packages received from the Units related to the assets quality.
5. Provide recommendation/suggestions to the Units that could support improving their assets quality/reporting.
6. Conduct regular conference calls/visits with/and to the Units to support and assist for higher level of accuracy and ensure proper awareness and understanding of the impact of inaccurate/inconsistent reporting.
7. Follow Up with the Units to ensure ABG Guidelines are implemented as instructed in ABG Policies/Memos.
8. Liaising with Finance Dept. to ensure appropriate data are submitted to the Central Bank of Bahrain.
9. Review Units’ Policies and provide recommendation for improvement.
10. Review ABG H.O ECL calculation on quarterly basis.
11. Update the ECL Tool on a yearly basis to reflect the macroeconomic factors updates.
12. Review monthly and quarterly Operational Risk reports received from the Units.
13. Assist ABG Representatives in the Units’ local Boards.
14. Support Strategic Planning Departments in Units’ reports review and analysis.
15. Review ABG Group and Units draft/final external rating reports.
16. Support Credit Analysis Team for the administration work.
17. Keep the Management / CRM Team updated with material news that may affect ABG/its Units.
18. Review Units’ RAROC usage.
19. Review CreditLens usage by Unit.
20. Review and Maintain the Group’s Risk Appetite Dashboard.
21. Co-ordinate with ABG Internal Audit and local Credit/Risk at the Units to close the audit observations.
Academic/Other Qualifications:
- A Bachelor degree in Finance and/or Accounting / Professional Qualification in the field of Accounting or Finance is a plus.
- 3-6 Years of Relevant Experience
- Good communication and analytic skills. Proficient in English and Arabic.
- Advanced Level of Microsoft Word, Excel & Outlook
- General Level of US GAAP, IFRS & AAOIFI