Kirti Bahura

Key Responsibilities: Credit strategy and risk management, credit risk management, credit adjudication, approve risk ratings, oversee underwriting quality, portfolio management, digital transformation, independent assurance to the Board, senior management and regulators, policy and procedure, governance, reporting. People leader.

Achievements:
 Led group-wide credit risk function as the second line of defense (2LOD), overseeing a $24 billion portfolio comprising of corporate, FIs, commercial, SMEs, personal loans, credit cards, retail credits.
 Developed and executed credit strategy in alignment with business objectives and plan as a senior executive team member.
 Ensured robustness of credit risk management including underwriting quality, portfolio performance and credit review processes.
 Adjudicated $6 billion of new credits in addition to term sheets, amendments and annual reviews.
 Proactively monitored portfolio performance ensuring delinquency rates within risk appetite framework.
 Enhanced credit policies, and procedures and underwriting guidelines.
 Collaborated with various internal teams namely, operations, finance, regulatory reporting, IT, product, legal, audit, consultants, business development to risk-align various functions, new products, new change initiatives and projects as the credit risk subject matter expert.
 Conceived, initiated and drove credit risk training to remove knowledge gaps and enhance risk culture.
 Reported to executive leadership and the Board on all credit risk matters & portfolio performance.
 Regularly collaborated with regulators on all credit matters and regulatory compliance.
 Portfolio included large complex syndicated loans, club and bilateral credits across diversified industries including commercial real estate, construction finance, infrastructure PPP projects, both, domestic and cross-border including USA and Europe.

Key Responsibilities: Financial and non-financial risk oversight, risk strategy, risk appetite framework, policy and procedure formulation, governance, and reporting. Portfolio included domestic and cross-border loans.
Achievements:
 Led bank-wide credit risk function along with other risks as second line of defense (2LOD).
 Managed credit risk, enterprise risk, risk appetite framework, operational risk, model risk management.
 Conducted maiden RCSA, BCP, DRP, risk register, and strengthened IT and cyber security preparedness.
 Adjudicated credits worth $500 million in corporate, commercial and retail lines of businesses.
 Proactively managed portfolio. Prepared and presented portfolio deep dives/dashboards to executive leadership, the Board and regulators. People leader.
 Participated as subject matter expert in new change initiative projects.
 Successfully engaged with regulators and auditors and achieved 100% compliance.

Director, Credit Risk Reviews, Al Rajhi Bank | Riyadh, Saudi Arabia 2015 — 2017
Key Responsibilities: establish brand new credit risk review function (2B-LOD) from scratch, establish governance framework, policy and procedures and reporting.
Achievements:
 Designed, conceived and established brand new Credit Risk Review (CRR) function (2B-LOD) within Risk.
 Created CRR governance framework, committee charters, policy, procedures, and CRR plan.
 Designed and instituted risk-based sampling methodology and model.
 Staffed and trained professionals in new CRR function. Implemented regulatory guidelines.
 Conducted credit risk reviews at borrower, group and portfolio levels.
 Highlighted gaps in entire credit process and suggested mitigants directly resulting in better controls.
 Reported findings and recommendations to back to the first line, Executive Team and Board Risk Committee. Portfolio over $100 billion spread across wide range of industries and credit products.
 Conceived, initiated, and drove classroom-based credit risk training - a first in the Bank.
 Built, coached and mentored the team for high performance. People leader.

Director, F.I. Credit Risk, Al Rajhi Bank | Riyadh, Saudi Arabia 2014 — 2015
Key Responsibilities: Lead $80 billion counter-party Financial Institutions Credit Risk function (2LOD).
Achievements:
 Led F.I. credit risk team as 2LOD, spread across 62 countries and 251 counterparty banks / FIs worldwide.
 Revamped FI credit underwriting and risk analysis, strengthening counterparty risk assessment.
 Adjudicated credit limits to counterparty banks, multi-lateral agencies/other FIs, and sovereigns.
 Analyzed counterparty banks’ financial statements, external rating agency reports.
 Conducted real-time geopolitical risk impact analysis, ensuring a robust FI credit portfolio.
 Advised the 1st line on various FI products, their risks and mitigants.
 Identified and mitigated gaps in risk controls at the group level including three overseas subsidiaries.
 Conducted RCSAs, Process Gaps, revision of Risk Rating Models.
 Built team, coached and mentored for high performance. People leader.

 Led corporate credit risk function, adjudicating $400M in new transactions in a $40 billion portfolio.
 Maintained zero incremental bad credits, ensuring a high-quality credit portfolio.
 Significantly improved credit risk policy and authored new underwriting guidelines. People leader.
 Portfolio included syndicated corporate transactions including infrastructure, PPP& project finance spread over Canada, USA and Europe.

 Responsible for generating revenue/NIM for domestic and multi-national corporates.
 Added new corporate & investment banking assets to the tune of $1.46 billion.
 Pioneered and instituted investment banking in the Bank, generating huge profits for the bank.
 Participated in large ticket syndicated M&A loans of global repute and iconic global brands.
 Maintained 100% performing portfolio, improved TAT and successfully engaged with the regulator.
 Managed full-life-cycle of credits from underwriting to the approval stage and beyond.
 Conducted 360-degree due-diligence on borrower, its group, and their businesses.
 Managed entire post approval processes including legal documentation, KYC/AML/ATF checks, client onboarding. Portfolio monitoring.
 Portfolio included structured finance, senior secured debt, project finance, infrastructure PPP projects, M&A finance, LBOs, derivatives, syndicated loans, ABLs, working capital finance, diversified industries spread all over the world including USA and Europe. People leader.

 Increased new residential mortgages and HELOCs in the amount of $18 million.

 Adjudicated $1.26 billion in corporate credits, including complex syndicated and project finance deals.
 Established brand-new centralized credit processing cell and its governance structure at head office.
 Portfolio included large ticket complex syndicated loans for publicly listed global conglomerates.
 Developed and launched new credit products, increasing market share by 12%.
 Recognized with the Best Credit Manager’s Award.
 Directly recruited in the management cadre as Management Trainee. Received extensive training, both classroom and on-the-job, covering 360o of commercial banking.