puestos de Remote en United States

ROLE PURPOSE

Work within a senior management structure to formulate, revise, and implement policies, procedures, and practices for the Private Banking Credit area that are consistent with the overall strategy and objectives of the bank.

Ensure that credit approvals adhere to policy guidelines, monitoring and review is adequate to maintain the portfolio quality and profitability, and the overall credit risk within the Bank is at desired levels.

Key Accountabilities:

Private Banking Credit Strategy

• Key role in formulation and implementation of the strategy in line with FAB's and the Private Banking objectives.
• Streamline Credit Risk function objectives and departmental organizational structure in line with overall objectives of the Group.

Credit Risk Management

• Manage, develop, and direct the credit risk function including for all loan types, credit analysis, assessment & approval, review, monitoring & control, and recovery.
• Provide oversight of an effective credit approval process within the Bank that supports the risk tolerance of the Bank while also facilitating desired asset growth objectives.
• Take credit decisions independently as Head of Credit up to the amount of his delegated financial & non-financial authority and serve as a responsible member of the Credit Committee. Ensure availability of timely and required information to Credit Committee members (and other credit approvers) for credit decision making.
• Serve as Chairman/senior member of Credit Committee L2 overseeing its activities & ensuring Committee acts and takes credit decisions within its mandated guidelines in an effective manner.
• Develop and maintain mechanisms / Risk rating models / TOAs etc. that allow for accurate identification of risk profiles/ratings in all asset categories.
• Enforce an effective monitoring system to ensure high quality of asset portfolio, assist in early identification of problem credits and help identify problem borrowers for early intervention (initiation of recovery actions) by the Bank.
• Ensure credit processing & approval turnaround times as per agreed SLAs with WBG.
• Actively participate in complex/strategic client relationships and provide guidance on due diligence, risk assessment, risk rating, and documentation.
• Guide Private Banking team on ways for optimum utilization of credit facilities by the banking customers without any compromise on credit quality.
• Periodically review & reevaluate the adequacy and effectiveness of the Bank's credit policies and procedures in credit risk management. Maintain, update, and recommend amendments to the Bank's credit policy procedures, Risk Rating models, credit memorandums, risk criteria etc. based on lending experience and market expediencies ensuring it is aligned with overall Bank's risk strategy & policy.
• To support performance of Credit Administration function and ensure that credit documentation process & collateral monitoring system is working smoothly and approved facilities are released in time for utilization by the customers. Where possible, to review and simplify documentation process further in consultation with CAD Head and Head of Legal.
• Support performance of Credit Restructuring Department in identification of potential infection in credit portfolio classification/provisioning etc. and recovery measures/actions.
• Membership & active participation in other Committees such as Risk or Banking committees/projects/initiatives as required by senior management.

Industry and Sector Knowledge

• Keep abreast of the different industries, local economy, and internationally regulatory changes in the business and global private banking practices, trends, issues, challenges, competitor analysis etc. and identify risk factors/impact in order to inform Bank's senior management and take the necessary actions.

Internal Collaboration

• Increase collaboration with Business Heads and Product Heads in order to build up strong relationships, open communication channels, maximize synergies and opportunities.
• Supervise the development of service level targets and direct the coordination with other departments to meet client service expectations.
• Resolve any internal issues raised by the subordinates, other departments etc.

Liaison with Regulators/auditors

• Facilitate audit activities & conclude negotiations with examiners/regulators etc. on all credit audits matters/data ensuring timely availability of information and prompt response to queries of internal/external auditors and addressing their concerns/observations.

Leadership / People Management

• Manage the effective achievement of the private banking credit objectives through setting individual goals, managing teams' performance, and providing of formal and informal feedback and appraisal in order to maximize subordinates and the overall departmental performance.
• Motivate subordinates and promote a highly productive and positive professional work environment by developing staff competencies, providing the necessary tools and training, and ensuring that staff understand and meet expectations improve their knowledge and credit management skills with delegation of authorities.
• Responsible for interviewing, hiring, training & coaching employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
• Balance team and individual responsibilities. Exhibit objectivity and openness to others' views. Give and welcome feedback to building a positive team spirit. Put success of team above own interests.
• Treat people with respect. Keep commitments. Inspire the trust of others. Work with integrity and ethically and uphold organizational values.

Continuous Improvements

• Support Group Chief Credit Officer in defining an optimum departmental structure assuring that appropriate resources are allocated to Credit management function to effectively meet objectives of the department and are optimally utilized.
• Identify opportunities for continuous improvement of systems, processes, and practices while taking into account international leading practices, improvement of business processes, cost reduction, and productivity improvement.
• Implement and adhere to the Credit area's annual budget/targets.

MIS

• Review portfolio reports and recommend measures as necessary to ensure the Bank has adequately reserved for the risk inherent in the Bank's portfolio.
• Responsible for accurately reporting on the asset quality of the loan portfolio including delinquencies, non-accruals, loan concentrations, and profitability analyses.

FRAMEWORKS BOUNDARIES & DECISION MAKING AUTHORITY:

• The Head of Credit Private Banking reports to the Group Chief Credit Officer and confers with the latter on critical and strategic issues.
• Exercising full discretion with the delegated authority. Key decisions having significant impact on the department are referred to the Group Chief Credit Officer for approval before implementation.
• The jobholder exercises financial authority as per the level established by FAB's management.

COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal:

• Group Chief Credit Officer
• Other Credits Heads (other regions) Team Leaders Credit Approval CAD & CRD.
• Private Banking coverage & Product Teams
• Functional Heads Group Heads GCRO DCEO & GCEO
• Other departments/subdepartments such as Audit, Risk & Compliance, Legal, HR, Strategy, COPS & Global Markets etc. as required

External:

• Key Private Banking Clients
• Government Authorities
• Banker Associations
• Banking Groups for Private Banking
• Financial Institutions
• Service Providers
• Central Bank
• External Auditors / Rating agencies

Key performance indicators (KPIs):

• Overall Quality of Credit Portfolio (NPLs Ratio, TOD/EOL account gradings / risk ratings etc.)
• Credit processing & Approval Turnaround times
• Adherence to policies, processes, and procedures of FGB regulators etc.
• Meeting targets on Internal customer satisfaction surveys

Qualifications :

Minimum Qualifications:

• Bachelor's Degree in Finance, Accounting, Economics, Commerce or any related discipline with preferably a professional qualification such as Diploma from Chartered Institute of Bankers or a Certified Financial Analyst (CFA)/ACA qualification
• Preferably a Master's Degree in a related area

Minimum Experience:

• Min 20 years with at least 10 years of experience in a leadership role in Credit Risk Management/Lending Function of a Financial Institution preferably international experience across multinational banks extensive experience and involvement in credit approval process at a decision-making level and oversight of Special Assets Function and Loan Review.

Knowledge Skills and Attributes:

• Innovative and strategic thinking skills.
• Solid experience and knowledge in credit risk management & risk assessment skills.
• In-depth knowledge of the Banking sector, clients, sectors, industries and market trends: Private Banking, Consumer, Corporate, Trade and Investment Banking, Treasury products and services.
• Knowledge of FAB's products and business strategies.
• Strong decision-making skills with sound and accurate judgment ability.
• High integrity and Business ethics.
• Strong leadership and people management skills
• Excellent interpersonal communication & Teamwork skills
• Ability to identify people personalities
• Attention to detail/analytical skills

Remote Work :

No

Employment Type :

Full-time