Head of Portfolio Management – Group Risk recruitment
Job Description:
- Define, develop and implement a Credit Risk Portfolio Management function as well as the Total Portfolio Management Framework
- Liaise for the effective Economic Capital Management process, Risk Strategy development and ensure alignment to the overall Group Business Strategy
- Enhance effectiveness in the governance of bank-wide risk by ensuring that critical risks affecting the bank’s overall business strategy are appropriately identified, managed and controlled.
- Develop a framework for linkage between risk and business objectives of the bank, ascertaining risk appetite and tolerance as they relate to future strategy of the bank, taking into account the Board’s overall degree of risk aversion, current financial situation of the bank, and a potentially fast-changing market environment.
- Formulate and recommend approaches to risk strategy covering critical issues such as risk asset portfolio profile (concentrations, correlations, and liquidity characteristics), capital allocations, risk distribution and return on capital guidelines.
- Develop and implement risk policies and processes benchmarked with best industry practice and in line with regulatory requirements.
Education/Experience Requirements:
- Masters degree preferably in finance, economics or related subjects.
- Professional certification such as PRM, CPA, CFA etc. is a plus .
- Minimum of 15+ years experience in international banking with specific focus on Risk Portfolio Management
Required Special Skills:
- Excellent Portfolio Management Credit Risk modelling, analytical, and research skills.
- Experience working with large and complex data sets.
- In-depth knowledge of financial markets and products.
- In-depth understanding of risk methodologies, interest rate modelling, VAR, and/or other complex financial risk modelling.