Manager- Credit Risk and Economic Capital recruitment
Primary responsibilities –
Take custody of the credit risk management policies of the bank and initiate necessary changes as and when required.
Develop / improve risk rating systems for all credit portfolios of the bank.
Validate and back-test risk rating systems to be at least in line with BIS requirements.
Train and create adequate awareness in the organisation on the use of risk rating systems.
Evaluate and establish methods for calculating Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD).
Establish procedures for collecting and maintaining appropriate data for computing the above parameters.
Evaluate various third party models for credit risk capital computation and other analytical tools and identify the most appropriate model for use.
Involve in implementation of third party models.
Conduct regular migration analysis and compute PD. Compute LGD and EAD on regular basis.
Conduct and report portfolio analysis to identify various portfolio level trends.
Periodical review and enhancement of the internal capital adequacy assessment process (ICAAP).
Economic capital computation and integration for all risks including credit, market, operational, legal, interest rate, liquidity, strategic and reputation risks.
Overall review of computation methodologies for all risks, gap analysis and resolution on a timely basis.
Bankwide stress testing on regular basis covering all risks and impact on profitability and capital.
To delegate duties and conduct objective performance appraisals of all subordinates on regular basis and highlight their strengths, weaknesses, to set new targets and identify their training needs, if any.