Senior Manager, Capital Management

Key Result Areas:
ICAAP & Stress Testing
- Oversee the firm’s capital planning framework, including design and execution of capital & stress testing processes

- Implement a Stress Testing Framework to determine capital requirement associated with risk scenarios.

- To support calculation and analysis of stressed capital requirements for ICAAP purpose.

- Prepare appropriate material on stress testing for various risk committees

- Liase with various teams in risk department and finance to coordinate quarterly ICAAP reporting

- Liase with Internal Audit during fieldwork and issue/action plan closure.


RAROC
- Work with business and technology teams to perform relevant activities pertaining to development and implementation of RAROC calculations. Relevant activities to involve providing business requirements, performing reviews and testing and answering queries relating to ECL and RWA

- Responsible for monitoring, interpreting and assessing all domestic and international developments pertaining to RAROC and Rating Policies management frameworks.

- Contribute to advocacy on emerging regulatory developments and undertake analysis to support Mashreq Bank’s readiness to respond to the same.


Regulatory Developments:
- Responsible for monitoring, interpreting and assessing all domestic and international developments pertaining to RAROC and Rating Policies management frameworks.

Contribute to advocacy on emerging regulatory developments and undertake analysis to support Mashreq Bank’s readiness to respond to the same.

Operating Environment, Framework and Boundaries, Working Relationships:
Regular interaction and working relationship with
- Wholesale Risk Management

- Retail Risk Management

- Front-end Business Units

- Internal Audit and External Consultants


Problem Solving:
Candidate must be/have:
- Sound understanding of Balance Sheet and Income Statement

- Strong understanding of regulatory Framework, ICAAP &Stress Testing

- Proficient in data analysis software (Excel, SAS, R)

- Sound understanding of Economic capital, capital management and related methodologies

- Familiarity with financial reporting and capital planning process

- Sound understanding of IFRS 9 – PD, LGD and EAD models, staging and ECL computations etc.

- Possess strong verbal and written communication skills


Decision Making Authority & Responsibility:

- Measurement of key metrics, risk capital, RWA etc. vital to the Risk Management of the bank

- Assist in Capital Management exercises


Knowledge, Skills and Experience:

- At least 5-8 years of banking experience, preferably in Risk

- Good knowledge of Financial accounting and Basel framework- majorly ECL and RWA

- Strong analytical skills and knowledge on Financial Risk Management

- Excellent data analytical skills (especially R, SAS, Excel, Visual Basic, SQL & Oracle)

- Team player, self-starter, innovative and highly motivated

- Experience with large set of data and databases is a plus