Head of Credit and Market Risk recruitment
Role Purpose
Key Accountabilities
- Provide strong direction and leadership to the Credit and Market Risk teams in Switzerland and Asia
Work effectively with the front line in stimulating a strong credit culture throughout Coutts - Collaborate effectively with the business and Wealth Solutions in structuring and presenting individual transactions.
- Assessment of new / renewal credit applications in a timely manner to meet client requirements, based on thorough and effective analysis of financial and non-financial information with personal accountability for lending decisions.
- Ensure that execution excellence prevails within the function with regard to core processes and application turnaround times.
- Adequate and pro-active surveillance of the credit portfolio to ensure that any deterioration in portfolio is quickly recognised and acted upon and local market conditions monitored in order to identify trends and the necessity / opportunity to adjust the credit policies to reflect the competition and the market / credit conditions, and provide an early warning system to Bank management.
- Develop robust and timely risk reporting to enable sound decisions to be made by the various business Exco’s and divisional credit team(s).
- Minimise risk of loss by early identification of unsatisfactory exposures, initiating preventive/remedial measures and providing guidance/support to Private Bankers.
- In close co-operation with the Heads of Private Banking and Wealth Solutions, lead credit policy research and development for the Coutts businesses, networking with Credit Risk practitioners from other institutions as necessary in order to benchmark Coutts policies against industry best practice, to ensure that Coutts provides a competitive credit product offering that is consistent with RBS Group / Divisional credit appetite.
- Development and enhancement of credit systems, procedures and standard documentation, ensuring that such are reviewed and updated periodically.
- Obtain and maintain satisfactory grading on Credit and Market Risk audits, and ensure prompt follow up and clearance of issues raised.
- Provide effective people management and training and development opportunities to Credit and Market Risk staff members to ensure retention and continuing professional development.
- Keep abreast of current developments and trends in, and maintain high level market and legal infrastructure knowledge of, Coutts key markets.
- Strong interface with Wealth Solutions and Credit Operations.
Required Experience
- 10+ years experience as a senior level Credit management professional.
- Capacity to interface effectively with all key stakeholders /stakeholder groups.
- Highest ethical standards.
Other Requirements
- Previous involvement in formulation of Credit Policies/risk methodologies.
- Thorough knowledge of Coutts key markets, including familiarity with legal and capital markets infrastructure of each jurisdiction, as well as knowledge of regulatory, compliance and anti-money laundering regulations.
Skills
- Ability to inspire and motivate teams across disparate geographic locations
- Ability to act decisively in deteriorating market conditions
- First class written and oral communications skills.
- Ability to identify and analyse problems and provide solutions.
May 26, 2012
• Tags: Head of Credit and Market Risk recruitment, Risk Management careers in the Switzerland • Posted in: Financial