About the Role:
We are seeking a highly skilled and motivated Financial Risk Senior Associate to join our Risk Management team. The ideal candidate will play a key role in developing and implementing strategies for managing financial risks including credit market and liquidity risks in alignment with the banks strategic objectives. If youre passionate about risk management and want to make an impact within a leading financial institution wed love to hear from you.
Key Responsibilities:
- Work closely with the Head of the Financial Risk Unit to develop and implement policies and procedures for credit market and liquidity risk management.
- Monitor and assess credit risks to ensure they remain within acceptable levels.
- Review and analyze credit facilities and nonperforming loans ensuring alignment with Central Bank guidelines and adequate provisioning.
- Ensure compliance with capital adequacy requirements and instructions from the Central Bank of Iraq.
- Use advanced tools to measure credit risk in line with strategic goals and expected profitability.
- Analyze the development of credit products and services including collateral limits and client acceptance terms.
- Develop and submit regular reports on credit risks and concentration risks within the credit portfolio.
- Identify and monitor market and liquidity risks ensuring alignment with acceptable risk levels.
- Conduct regular assessments of market and liquidity risk measurement methods and collaborate with relevant departments to ensure effectiveness.
- Evaluate new investment products and assess their associated risks.
- Support the development and implementation of procedures for identifying measuring monitoring and controlling risks.
- Ensure compliance with Basel requirements and implement modern methods for calculating economic capital related to market and liquidity risks.
- Conduct stress testing and monitor developments in the banking sector to ensure effective risk reduction practices are followed.
Qualifications :
- Bachelors degree in Finance Banking or a related field.
- 13 years of experience in a similar role with a strong understanding of credit analysis market analysis and financial markets.
- Advanced skills in Microsoft Office and risk management tools.
- Strong communication time management and organizational skills.
- Proven ability to follow up coordinate and collaborate across various departments.
- Strong analytical skills and attention to detail.
Knowledge & Expertise:
- Familiarity with laws and regulations governing banking operations in Iraq.
- Knowledge of Iraqi labor laws Central Bank regulations and international best practices in risk management.
- Understanding of commercial law corporate law and banking regulations.
- Expertise in managing and assessing credit market and liquidity risks.
- Familiarity with Basel II and Basel III guidelines.
Additional Information :
Remote Work :
No
Employment Type :
Fulltime