Head of Risk and Credit
Gulf Finance
Total years of experience :17 years, 11 Months
• In charge of overall company's risk management and credit operations.
• Implementing an enterprise risk framework and improving risk understanding and awareness.
• Responsible for reporting risk status to the Credit & Risk Committee and SAMA on a constant schedule.
• Portfolio management: monitoring and reviewing risk tolerance levels to ensure they are appropriate for the overall risk appetite.
• Evaluation and recommend modifications to the company's risk strategy and risk appetite.
• Oversee the underwriting and credit control of all loan files and have.
• Ensuring that all risk criteria are following corporate policy and SAMA regulations.
• Responsible for all credit proposals being submitted to the credit and risk committee.
• Responsible for the portfolio's health and monitoring of the NPL level, as well as taking the required steps to avoid and mitigate the risk of needless losses and unacceptable delinquencies.
• Assist line management in developing and implementing solid rules and processes in business operations.
• Contributes to the company's day-to-day operations and strategy.
• Development of credit policies and procedures following enterprise and credit risk policy requirements as well as SAMA regulations.
• Reviewing and updating credit and risk policies and procedures on a regular and frequent basis.
• Collaborate closely with management and other departments to maintain effective smooth operations.
• Providing appropriate recommendations to the approval authority.
• Conducting a regular assessment of standing credit facilities and lines and customer files.
• Responsible for the legal function, and liaising with lawyers to ensure that all of the company's rights are protected.
• Responsible for the administration and direction of the credit department.
• Overall responsibility for the credit management function and overseeing the underwriting and credit control of all loan files (auto lease, finance lease, and Tawarruq).
• Responsible for ensuring that all credit files are in line with internal company policy and SAMA guidelines.
• Responsible for preparing and submitting all files to the credit committee as approved in the authority matrix.
• Monitor the performance of the loan portfolio and report to management.
• Contribute to the day-to-day running and strategy of the company.
• Collaborate closely with management and other departments to maintain effective smooth operations.
• Development of credit policies and procedures in accordance with enterprise and credit risk policy requirements as well as SAMA regulations.
• Reviewing and updating credit and risk policies and procedures on a regular and frequent basis.
• Work with management and other departments to maintain effective operations.
• Providing appropriate recommendations to the approval authority.
• Annual review of standing credit facilities/lines and customer files on a regular basis.
• Conducting a regular assessment of standing credit facilities and lines and customer files.
• Improve awareness of risk assessment and credit risk.
• Assisting the Chief Risk Officer to implement the Risk Management Framework.
• Reviewing credit risks of customers also business and financial performance of the customers.
• Reviewing credit proposals submitted for approval and ensuring completeness correctness, and compliance with credit policies.
• Conduct frequent visits to clients with the relationship managers and assess the present and future business plans.
• Providing appropriate recommendations to the approval authority.
• Conducting an independent verification of the leased asset and handling matters related to real estate valuation.
• Ensuring compliance with local directives from SAMA.
Bachelor Degree in Business Administration