Senior Associate, Credit Risk Assessment and Monitoring (ICD)

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Company:
ICD
Location:
Jeddah, Makkah, Saudi Arabia
Salary:
See description
Employment Type:
Full time
Sector:
Risk Management
Sub Sector:
Credit
Position Type:
Permanent
Job Reference:
1705753
Date Added:
18-January-2017

Job Description

KEY RESPONSIBILITIES

  1. ·                     Assessing credit risk of all new corporate and project finance        transactions in line with established credit approval process, including policy and limit compliance, assignment of internal risk ratings, and recommendations on structuring, pricing, security, covenants, and terms and conditions.

    ·          

    ·                    Ensure new transactions are approved in line with established credit approval process, including timely preparation of all documents required for Investment Committee meetings.

    ·          

    ·                    Ensuring appropriate pricing of new transactions based on risk rating, capital requirement, and portfolio and market     considerations.

    ·          

    ·                  Monitor existing transactions in line with established policy and process, including independent annual or quarterly reviews, updates on risk ratings.

    ·          

    ·                    Assess and provide recommendations on all credit decisions relating to waivers of loan covenants and conditions, changes  in terms, and other amendments to transactions agreements.

    ·          

    ·                     Assist and closely coordinates with concerned departments in management of impaired transactions

    ·          

    ·                    Assist in risk reporting and the formulation and implementation of credit policies, procedures, and processes.

    ·          

KEY OUTPUT / RESULTS FROM THE ROLE (KPI'S)

 

Implementation of credit risk policies and procedures as per plan

Comprehensiveness and timely submission of relevant credit reports to senior management

Timely resolution of risk queries by departments/ divisions

Timely submission of credit risk review reports

 


 

Education

  • Master in Finance or Management or Business from a reputable and internationally recognized university.

  • CFA, CMA, CPA will be an advantage but not must