Job Description:
Supervision of the following activities: 1. Infrastructure Developing effective business intelligence strategies and analytics solutions to timely identify, assess, measure, and control existing/emerging risks in the loan book and take corrective actions focusing on automation. Develop systems and processes for gathering and storing data for future analytic projects 2. Portfolio Review Aggregate data from multiple sources to provide a comprehensive risk assessment Using AI tools to identify potential risks and predict future outcomes of existing and emerging risks Resolution of system issues, Monitoring and reviewing system changes. Analyze industry trends and macroeconomic data and identify patterns. Complete trend analysis of portfolio regularly. Monitor internal and external data points that may affect the risk level of a decision Develop contingency plans to deal with emergencies. Study SBP regulations, which may affect MMBL, and advise on compliance Development of tools for the quantification of credit and market risk (such as models and stress tests) to ensure continuous validation Lead model/Tools development by vendors. 3. Market Risk Management Review existing market risk portions in the risk management procedures and propose amendments because of changing dynamics, industry practices, and the bank’s nature and scale of operations; develop manuals to mitigate them in line with the agreed risk strategy. Identify, measure, and mitigate market /liquidity risks at all levels. Manage Middle office as per Risk Procedures 4. IFRS9 Implementation – In coordination with Finance Carrying out periodic responsibilities for the Calculation of ECL as defined in policies and procedures To ensure compliance with SBP guidelines. 5. Develop a stress testing framework and ensure periodic stress testing to quantify existing and emerging risks. 6. Risk Appetite Update the Risk appetite of MMBL because of changes in the risk profile of the Bank Monitoring of limit to ensure risk remains within desirable risk level 7. Reporting: Create reports, summaries, and presentations for management and the Board summarizing the risk assessment results along with recommendations for improvement Collaborate with other team members to effectively analyze and present data 8. Assistance in resolution of External / Internal Audit objections, including SBP audit objections.
Bachelor's Degree in Finance with diplomas/training in Quantitative Methods in Risk Management, especially Market / Liquidity Risk, VAR, Stress testing Experience: 5-7 years of data analytic experience, preferably in a financial institution, and strong analytical ability, particularly in financial statement analysis and risk modeling
Strong analytical ability Conversant with different statistical tools and strong financial modeling skills involving Financial Statement Analysis and simulation techniques. Excellent computer skills. Good communication skills along with sound mathematical and analytical skills. Ability to withstand and handle pressure
Excellent presentation and analytical skills
Job Specifications:
Bachelor's Degree in Finance with diplomas/train
Quantitative Methods Market / Liquidity Risk, VAR
Excellent computer skills
Conversant with different statistical tools and strong financial modeling skills involving Financial Statement Analysis and simulation techniques. Good communication skills along with sound mathematical and analytical skills.
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