Senior Credit Risk Analyst (Assistant Vice President): Wealth Management
BNP Paribas
مجموع سنوات الخبرة :18 years, 9 أشهر
Reporting directly to GCC Head of Credit Wealth Management, the role is to assist in driving the Credit Structuring and Risk Management activities of Regional wealth management department.
The main duties of this role include evaluation of Credit proposals of HNW/ UHNW Clients, Ensuring compliance with internal Credit policy and Central bank regulations, Scrutiny of new/existing Term loans, Overdraft and Single insurance Premium Financing requests, issuance of Demand Guarantees (SBLCs) for cross boarder mortgages, Jet or Yacht Financing, Preparation of legal documentation with the help of legal team for any specific client request.
To support GCC based RMs by presenting solution to structure transactions for UHNW clients. To liaison with the Risk team based in Geneva and Paris for the approval of High Credit Limit files and to get the Financial Ratios for new securities.
Monitoring credit risks (Irregular account management) through daily exception and excess reports (unauthorized and excess utilization, expired authorization, collateral short fall) and follow-ups with RMs/ Team Leaders to regularize the account in timely manner.
Preparing detailed reports of all existing exceptions and monitor them. Periodic portfolio reporting to risk teams in Geneva, Paris and Central Banks. Follow up on watch list and doubtful accounts with RMs and avoid team to turn into bad debts.
In brief the scope and assignment is to develop and manage overall Retail & SME Risk Department in Bahrain that consist managing Credit Policy, Credit initiation, Collection, Recovery, Portfolio Management and Fraud departments. The major responsibilities include;
• To review, approve and manage Risk strategy/policy of Personal Loans, and ensure improvement in the portfolio quality and profitability maximisation.
• Prepare and review SOP’s/processes within the each department.
• To monitor and assess approvals given by the underwriters that they are in line with Credit policy and as per the CBB guidelines.
• Training and leading the teams in achieving set targets consistently and on time.
• Identifying and suggesting changes to enhance and improve process flow to increase productivity
• To ensure that all risk and compliance related communication is cascaded timely to different levels and implemented as per the plan
• Responsible for effective communication between Retail Risk and respective business units and develop an ongoing training program to up-skill staff.
• Regularly monitoring the portfolio for risk Trends and initiate the policy amendment to neutralize it.
• Ensuring that the department achieves an acceptable audit rating
• Ensure to provide fraud related training at all level in order to avoid any potential Business loss.
Additional role involves supporting Product Development team for the development of Retail & SME Asset Products as well as assist the local operations in the execution of compliance strategy, policy and standards
• Managing and supervising a team of underwriters
• Imparting on job training and creating credit risk awareness among teams.
• Scrutinizing Personal Loans, Credit cards, Revolving Overdraft and Auto Loans applications for HNI customer and assessing the credit worthiness of the customer.
• Reviewing / updating the policy manuals.
• Guiding staff and recommending improvement in Credit processing system
• To maintain the Turn around time of each product by timely obtaining the credit approvals.
• Ensuring compliance with internal product policy and Central bank (CBB) regulation on consumer loan financing.
• Monthly and quarterly reporting to Central Bank regarding any deviation on Consumer loan financing.
• Monitoring the delinquency ratio of each employer and implement necessary action to neutralize it.
• Maintaining Deviation MIS of each Product and highlighting daily Disbursements to Senior Management.
• Reporting the weekly and monthly portfolio figures of each product to ME office and senior management in Bahrain
• Reporting to the Credit Manager
• Scrutinizing loan applications and income documents for approval.
• Maintaining daily MIS for all products.
• Recommending the loan amount for salaried applicants based on their salary and other benefits taking into consideration their liabilities.
• Telephone verification to check the mobile, land line of the customer also ensuring that the customer is currently employed with the company mentioned in the application.
• Making a reference check of the customer based on the reference numbers given in the applications.
• Assisting in developing and reviewing product program guidelines (PPG) and circulars in consultation with Credit Manager.
• Coordinating with collection and recovery department regarding delinquency report.
• Coordinating with the disbursement department for retrieval of loan files for addition or top up loans.
• Liaison with the outsource collection agency for 90 dpd and above delinquent accounts
• Liaison with Benefit (Credit Bureau) for data uploading and its correction.
• Liaison with insurance company for the deceased accounts and the monthly worked-out insurance premium of each product
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