Head Enterprise Risk Manager
Sharaf DG LLC
مجموع سنوات الخبرة :16 years, 2 أشهر
• Establishing/developing the Enterprise Risk Management Framework(ERMF) at an organizational level to standardize the risk assessment, risk matrix, and risk monitoring process.
• Reviewing the process control and management mechanism and advising the changes required in the process to manage key risks.
• Monitor risks as assessed and updated by category heads/business heads to identify key risks and their impact on the overall organization.
• Reviewing risk management activities and periodic self-assessments (RCSA) for assigned business functions, divisions, and/or departments.
• Coordinate with process owners to ensure their respective risk register is updated.
• Aligning with process owners to work on the operational risk involved in the process, assess existing control efficiencies, and develop the risk mitigation plan via risk register.
• Reviewing and implementing an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur based on the company’s risk matrix.
• Handling the risk framework for new business launches.
• Handling Internal Audits - sharing the scope of audit with process owners, auditing the process, highlighting the process gaps, and suggesting an action plan to improve the process and fill the gap to mitigate future risk.
• Handling internal fraud incidents by carrying out need-based internal audits and documenting and establishing the process to mitigate the risk.
• Performing a risk evaluation: reviewing the process from a risk point of view and comparing potential risks and updating the risk assessment process.
• Evaluated and managed credit risk for various project types, including Equity & Mezzanine funds, Object Finance, LoCs & Trade Finance.
• Conducted comprehensive Capital to Risk-Weighted Assets Ratio (CRAR) analysis for various loan portfolios, ensuring sufficient buffer to absorb potential losses, and reported findings to the senior risk committee for effective capital adequacy management.
• Reviewed large-scale credit proposals across diverse credit products. Evaluated these based on parameters such as size, credit rating, and maturity, ensuring comprehensive credit risk compliance in line with the organization's policies and regulatory standards.
• Perform financial due diligence on projects through financial statements, cash flow, and profitability trends, ratio analysis - DSCR, DER, Liquidity, Solvency, and Stress testing.
• Contributed to the revision of policies related to Credit Risk, IFRS9, Remedial Management, and Delegated Authorities for Lending, ensuring effective risk mitigation across all business operations.
• Handled Loan Syndication, Loan takeovers - consisting of asset transfers, charge creation, due diligence clearance, and legal compliances.
• Performed credit rating basis on Market Research, Financial Analysis, Industry Research, SWOT, Sensitivity analysis, and Management discussion.
• Financial modeling - financial projections, Trend Analysis, project profitability evaluation - DCF, NPV, IRR, and PIs.
• Lead meetings with stakeholders in projects, negotiate payment terms, and project funds requirements based on project expenses.
• Dealing with treasury for foreign currency exposure sanctions, FX exposure hedging through future and forward contracts.
• Managed Credit Approvals, Credit MIS, Risk Review of Credit Approvals, and overall credit risk assessment.
• Managed Credit Monitoring, Stressed and NPA asset Management, and Loan structuring.
• Handle compliance and closing of observations in Statuary Audit, Internal Audit, & Legal Audits.
• Lead meetings with stakeholders’ Management for advice on their expansion projects, balance sheet structure, and resource optimization.
• Report monthly MIS dashboard for the bank’s portfolio, risk assessment, stressed accounts, Credit Line utilization, and its cost structure for the management of the bank.
• Involved in the review & upgradation of the bank’s credit & loan policy as per Central Bank’s and Ministry of Finance guidelines.
• Handled monthly accounting and financial reporting of ~3000 AXP accounts such as AR/AP, Fixed Assets, Prepaid/Amortization, Reserve and Accrual, Cash/Bank, Suspense & Clearing accounts in Oracle as per US GAAP.
• Reviewed balance sheet account reconciliation of ~5000 AXP accounts.
• Prepare recommendations for creating a reserve, write-offs as per the bank’s policy after assessing the risk involved in the balance sheet accounts (Ex. reserves created for aged items in AR/AP accounts).
• Prepare a dashboard for over 20, 000 AXP’s unreconciled and reconciled accounts on monthly basis to report the status to Business Head.
Managed a portfolio of over 5000 accounts for accounting and reconciliation of all Profit & Loss and Balance
Sheet related Accounts, along with Variance Reporting and Trending Analysis.
• Accounting & Financial Reporting: Managed monthly accounting and financial reporting of 3, 000 AXP
European credit card accounts - AR/AP, Fixed Assets, Prepaid/Amortization, Reserve and Accrual, Cash/Bank,
Suspense & Clearing accounts in Oracle as per US GAAP
• Balance Sheet Reconciliation: Processed balance sheet account reconciliation of 5, 000 AXP accounts.
• Risk assessment: Assessed the risk involved in balance sheet accounts and prepared recommendations for
creating reserve, write offs as per bank’s policy (Ex. reserves created for aged item in AR/AP accounts).
• Reporting & MIS: Created dashboard for over 20, 000 AXP’s unreconciled and reconciled accounts on
monthly basis to report the status to Business Head. RCA of un-reconciled accounts, Aged items value, SLA
details, highlight inaccuracy of data.
courses: CFA Level 1 passed, CFA Institute USA,