The Credit Risk & ALM Risk Officer will be responsible for:
- Providing independent Second Line of Defence (2LOD) oversight of credit risk and ALM activities, focusing on loan origination, credit monitoring, and treasury-driven ALM decisions.
- Credit Risk Management:
- Perform and oversee regular loan controls, ensuring adherence to credit lending policy
- Contribute to credit-worthiness and collateral risk assessments for new lending requests
- Support the review and enhancement of pledge-rate methodologies across asset classes
- ALM Activities:
- Perform and oversee ALM-related controls to ensure alignment with ALM policy
- Develop and monitor the treasury counterparty onboarding and monitoring framework
- Conduct SICR assessments and lead ongoing monitoring of financial counterparties
- Risk Calculations:
- Perform credit risk capital requirements and Expected Credit Loss (ECL) calculations
- Governance, Reporting and Risk Framework:
- Continuously assess and enhance the control framework
- Prepare reports for management, regulators, and internal committees
- Support the enhancement of risk management policies and departmental procedures
- Provide risk assessments for new products and services