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Head of Credit and Country Risk (2nd Line of Defence)
Salary not available. View on company website.
Crown Agents Bank, City of Westminster
- Onsite working
- Full time
- Contract
Posted today, 25 Apr
Job ref: 119df220f63b4a6eb61e3d3e5525fa63
Full Job Description
You'll play a critical part in shaping our 2nd line of defence Credit and Country risk strategies, enhancing our risk frameworks, tools and analytics, and ensuring we maintain a healthy balance between risk and growth as we scale operations across multiple regions and support core commercial activities in emerging and frontier markets across the globe. Credit Risk Oversight:
- Lead the further development and execution of the company's Credit risk framework, policies, and processes.
- Own Credit risk appetite settings and monitor portfolio performance against these thresholds.
- Drive improvements in Credit risk assessment tools, models, and decisioning processes.
- Further evolve portfolio, concentration and optimization analytics to proactively manage Credit risk across multiple products, services and geographies
- Partner with Commercial and Finance teams to ensure lending decisions align with overall business strategy and risk appetite
- Review and approve high-value or non-standard credit applications.
- Input into important strategic and regulatory processes including preparation of annual and interim financial reports including IFRS9, Pillar 3 Disclosures, ICAAP, ILAAP, Recovery and Resolution Planning, TCFD and other sustainability disclosures, etc Country Risk Analysis:
- Provide 2nd line oversight and guidance in deep-dive risk assessments of economic, political, regulatory, legal and social factors impacting countries where we operate or plan to enter.
- Further develop and evolve a dynamic Country risk rating model and risk assessment approaches to support portfolio management and strategic decision-making.
- Prepare regular Country risk reports, exposure and concentration analysis and briefings for senior management and the board.
- Act as an internal expert on macro and sovereign risk, advising teams on current and potential risks and market developments. Leadership & Governance:
- Lead and develop a high-performing Credit and Country risk analysis team.
- Work in partnership with other 2nd line Risk and Compliance colleagues as well as business and commercial stakeholders and ExCo members
- Represent Credit and Country Risk in relevant governance forums, including risk committees.
- Stay ahead of global trends and best practices in Credit and Country risk.