First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We’re in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you’ll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger – together.

JOB PURPOSE:

The overall responsibilities of this position are vital within Group Credit Risk team covering areas relating to CB & PB Portfolio  including Review of  Policies, Procedures, Frameworks,  Score Model  ,provisioning under  IFRS 9, Credit Risk Reporting analysis and regulatory aspects such as Asset Quality, Impairment ,  provision adequacy and credit portfolio monitoring & reporting. The role holder’s primary responsibilities include:

• Analyse Credit Policies, Product Programs, RACs, C2P2 etc. both for UAE and International relating to CB & PB.
• Provide advice in development of various Scoring Model relating to CB & PB.
• Review of CB & PB IFRS 9 staging and Provisioning review process as per Regulatory requirement and internal policy including International locations.
• Analysis of Assets Quality, Impairment Charge , Coverage and COR  by business segment for CB & PB
• Preparation of detailed monthly dashboards and analysis reports by business segments/products and Management.

KEY ACCOUNTABILITIES:

Project Management / Continuous Improvement

• Represent Group Credit Risk in any special projects as and when required to help strengthen our risk profile
• Analyse policies and processes and provide active feedback to Business/Credit/Finance
• Provide value added analysis in development of various Rating Model and Score cards relating to CB & PB.
• Liaise with respective credit /business heads, senior management and international branches on Bank wide assets quality and provision adequacy.

Specific Accountability

Personal Banking Group – Credit Risk:

• Help SVP & Head of Consumer and Private Banking Credit Risk & Portfolio Management in establishing a CB &PB  Credit Risk Management Framework.
• Review and analysis of CB & PB credit risk policies Credit Policies, Product Programs, RACs, C2P2 from Credit Risk prospective in coordination with respective credit team and product representative of business.
• Partner with PB Credit in development, rollout and maintenance of Score Cards.
• Help SVP & Head of Consumer and Private Banking Credit Risk & Portfolio Management in Development of framework for validation of Credit Rating models.
• Support designing CB & PB application score card cut off strategies and scorecard usage guideline for credit approval. 
• Identify credit risk emanating from existing as well as new products that are being launched By CB&PB .
• Carry out thematic portfolio stress testing/scenario analysis to ensure quality portfolio growth of CB & PB .
• Monitoring Performance of CB & PB scorecard on periodical basis.

IFRS 9 Execution and Reporting:

• Review, on monthly basis, IFRS 9 staging and ECL review process adherence to IFRS/local regulatory requirements/ internal policies and procedures including coordinating with Credit for obtaining approval of the staging and ECL overrides for CB & PB..
• Review the international IFRS 9 Run results on monthly basis in coordination with respective country’s Risk department and SPOC. 
• Submit on monthly basis the results of IFRS 9 review to Head of Credit Risk along with key credit risk Matrix. 
• Providing outlook on Assets Quality, Impairments, CoR and provision coverage to senior management in coordination with credit heads of CB &PB.  

Credit Risk Reporting and Analysis:

• Provide feedback on Credit risk information framework which includes data for GCRO’s quarterly risk dashboards, and other important credit risk reports submitted to Management-level and Board-level Risk Committees.
• Preparation of reports to monitor credit quality of the portfolio related to CB & PB.
• Drive the development and maintenance of credit risk data base to ensure timely availability of data for analysis, forecasting and decision making. 
• Help in  development of automated dashboards for the respective Lines of Business and ensure proper dashboards are built for decision making and performance management.
• Timely delivery of dashboard, report and various committee presentations such as GCC, GRC, BRCC, and other committees to enable regular monitoring and reporting of performance of CB & PB portfolio.
• Development, analysis and interpretation of key Risk KPI drivers in order to apprise credit risk at horizon. Moreover, provide detailed monthly value added analysis and variance against budget and forecast.
• Prepare and review monthly risk forecast and long term financial plans for PB and CB.

 Portfolio Management:

• Analyse monthly Credit Risk portfolio KPIs and submit review, scenario analysis and recommendations covering Group, geographies, segments and subsidiaries.
• Drive the development of PB’s Risk MIS on portfolio basis in coordination with Group Credit.  
• Monitoring of designate credit risk appetite and reporting an ongoing basis.
• Recommend prudential norms for various Credit Risk and exposure limits.
• Alert the Risk management for carrying out suitable corrective action in case of breaches discovered during risk monitoring process.  
• Measuring, forecasting and managing credit risk as per FAB’s risk appetite framework

Others:

• Advise to line manager on evolving regulatory guidelines and provide scenario analysis for impact on Group impairment charge and capital. 
• Provide relevant risk information and analysis to line manager to facilitate their discussions with credit rating agencies / External Auditor /Central Bank
• Engage with ITD and other relevant departments to streamline processes and improve efficiency across the bank.

Minimum Qualification

• Bachelor’s/Master’s degree in Finance, Accounting or related discipline
• Adequate knowledge of financial services business
• Strong background in Credit Risk Management
• Significant experience in running/managing the provisions process for a reputable bank
• Excellent understanding of IFRS9
• Excellent understanding of CBUAE regulations Credit Risk
• Strong project and change management skills
• Strong financial and analytical skills with significant experience in analytics, portfolio management
• Strong mind-set of improving processes and decision making through automation, analytics, technology
• Knowledge of advanced excel and power-point skills is a strong plus
• Strong leadership skills required to manage a team

Minimum Experience

• Minimum 7 years of experience in Credit Quality, Credit Risk or Portfolio Management/ Analytics.