Chief Risk Officer
Egylease
Total years of experience :17 years, 4 Months
General Manager - Chief Risk Officer mandate is to develop overall position of the company, including co-representing the company vis-a-vis external stakeholders, co-manage company with senior executives, introduce and oversee implementation of new ERP system, increase company's streams of revenue, develop portfolio volume, size and quality, control and minimize overall risk exposure of the company, capacity building of team members and enhance workflow systems.
▪ Deliver executive education and academic courses using a systematic plan of lectures, demonstrations, discussion groups, laboratory work, shop sessions, seminars, case studies, field assignments and independent or group projects
▪ Develop curriculum and prepare teaching materials and outlines for courses
▪ Prepare, administer and mark tests and papers to evaluate students' progress
▪ Advise students on program curricula and career decisions
▪ Provide individualized tutorial or remedial instruction to students who require it
▪ Supervise independent or group projects, field placements, laboratory work or hands-on training
▪ Supervise teaching assistants
▪ May provide consultation services to government, business and other organizations
▪ May serve on committees concerned with matters such as budgets, curriculum revision, and course and diploma requirements.
Achievements:
▪ Process Automation for Lease Requests Workflow, 2016: The paperless workflow was my suggestion to the Managing Director when I assumed the responsibility of the Credit Department in Plus Leasing. Capitalizing on my solid experience in automating credit approvals workflow in many international financial institutions and as Head of Credit Department, I promoted the project from the drawing stage until the successful implementation and launch of the fully automated workflow. The automation shortened the turnaround time of credit approval to less than one third of the previous SLA enabling the sales team to compete in fast-paced financial services market.
▪ Assets portfolio volume, 2016 & 2015: The portfolio was EGP 30Mn in outstanding contracts. After two years of assuming the responsibility of the Credit Department, the portfolio is currently exceeding EGP 500 Million coupled with significantly higher quality in analysis, write-up and streamlining of requests \[near zero defaulted clients (0.12%)\]. This success is achieved through dedication, hard work and deep technical and executive knowledge.
Features of Head of Credit Department Functions:
▪ Member of the Credit Approval Committee, Board of Managers and Executive Management Board. Delegated co-approval authority for up to EGP 15 Million.
▪ Manage, monitor and analyse Lease Portfolio in economic sectors and other concentrations
▪ Design, update and maintain credit and leasing policies and procedures
▪ Design, update and maintain services products and financing programs
▪ Ensure the company's policies & procedures are followed according to established guidelines and make recommendations for improvement
▪ Plan, organize, direct, control and evaluate the credit department operations, credit process
▪ Responsible for the process of administering leasing facilities and related activities
▪ Design and develop business process and supervise implementation of the internal credit approval system installation
▪ Interview corporate customers and discuss leasing facilities structure and conditions
▪ Analyse, review and approve or reject loan and credit applications in accordance with authorized delegations
▪ Monitor processing of loan applications and credit investigations
▪ Oversee preparation of periodical progress reports of the department and senior management reports
▪ Recruit, mentor personnel and identify their training needs.
o Increase quality of credit requests according to set policies & procedures
o Improve credit Requests workflow, reduce time gaps and help progress the streamlining of the process
o Receive, review and recommend amendments to credit requests (renewal, new relationships, memo reviews, limits amendments...)
o Appraise credit requests to Enterprises Banking head and risk committee with technical briefing, pinpointing substantial necessary adjustments with proper adherent presentations
o Liaise with relationship managers to create a comprehensive and coherent credit request package (renewal, new relationships, memo reviews, limits amendments...)
o Extend necessary aid and advise to relationship managers on structure of facilities, policies & procedures based on involved technical aspects
o Provide focal point for risk-related items (credit packages, approvals, memos, waivers, …), ensuring proper adherence to policy & procedures
o Present up-to-date information and presentations on Assets and Liabilities Portfolio quality (risk rating, new approvals, matrices of limits /utilization pertaining to risk rating categories, collateral sufficiency, etc.)
o Revise and monitor special transactions (referrals, past dues, facilities extension, one-off transactions, etc.)
o Participate in meetings that tackle related tasks (Process Automation, streamlining credit process, etc.)
o Monitor and supervise progress of log and the tracking of above related issues (requests in pipeline, pending applications, pending documentation, etc.)
o Guide, mentor and supervise assistants and subordinates towards achievements in above related tasks
o Related tasks
Exceptional Achievements:
o Managed project of automation for Credit Requests Management (CRM) on corporate level of the bank, from draw-down stage till the successful inauguration. The program is currently saving two-thirds of the time and logistics efforts that was consumed during Credit Requests workflow before the application of that program.
o Assets Portfolio on Enterprises Banking level is doubled during 2010 in volume and amount coupled with significantly higher quality in Credit Packages. This success is achieved through dedication, hard work and deep technical and executive knowledge.
o Turn-around and elevation of Borrowers Portfolio Status. At my assignment in current post, the status of the portfolio needed immediate remedy in terms of the volume of expiries, pending renewals, stacked new relationships in flow, with no tangible - if any - database reflecting status. The turn-around is evident in: The creation of a task-force responsible for renewal, new relations, increase of credit requests. Set out a prioritized short-term plan to carryout missions with a critically defined timeframe. Creation of a sustainable full bundle of databases relating all periodical management reports. Daily close follow-up and step-by-step assessment with progress continually reported to management.
▪ Master degree in Banking & Finance with excellence degree from Maastricht University – The Netherland, focus on Credit Risk Modelling Techniques in Commercial Banks.