Senior Professional, Credit Risk (1700) [Shanghai, China]
POSTED BY: New Development Bank (BRICS)
REF:ND 2055
Date Published:Tuesday, December 17, 2024
Date of Expiration:Sunday, June 15, 2025
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Requisition ID 1700
Posted 12/12/2024
Duty Station: Shanghai, China
Department Credit Risk - Risk Management - Shanghai
Closing on: January 02, 2025 at 11:59pm (China Standard Time)
Target Market: Global recruitment
POSITION OBJECTIVES:
The Risk Management Department manages risks related to NDB’s activities, including credit, market, liquidity and operational risks, following leading practices that are aligned with international standards. The Department provides inputs to strategic financial planning and day-to-day operational decision-making of all types of risk. The Department provides risk management advice to Senior Management and the Board of Directors independently from originating / business units, on the financial risks and non-financial risks, risk premium of the Bank’s transactions and risk-based capital requirements. The Department is responsible for developing and maintaining an effective risk management framework, including policies, procedures, limits, systems, tools, data and techniques across the various elements of life cycle of risk management.
ROLE OVEVIEW
1. The Senior Professional, Credit Risk is responsible for credit risk programs and initiatives that calibrate the Bank’s risk appetite.
2. Oversight on the design and delivery of credit programs, methodologies, tools and approaches are central to the organization’s mission and establishing a reputation for quality and reliability in risk management.
3. Demonstrating adaptive capacity to address emerging risks and varied client needs sustains relevance and positions the organization to be a reputable International Financial Institution (IFI).
DUTIES AND RESPONSIBILITIES:
Purpose (Adapt)
1. Oversee credit risk maps, areas of priorities and adaptation of credit risk management services to ensure responsiveness of programs/projects to changing client needs and operational challenges.
2. Adapt credit risk frameworks, models and methodologies to respond to changing operating challenges while aligning with the Bank’s policies and global best practices.
3. Identify variances in credit risk exposure across bank’s processes and provide tailored recommendations to effectively mitigate and reduce risks across units in the Bank.
4. Modify stress tests for credit risk models to measure impact on industries, sectors, countries and borrowers while implementing measures to minimize risk exposure.
Engagement (Persuade)
1. Build capacity of the Credit Risk team to deliver tailored interventions and action plans across industries, sectors, countries and borrowers to address credit risk management issues, sustain business operations and deliver of programs/projects in the Bank.
2. Conduct due diligence and provide tailored advice to Senior Management of RMD on defining the risk appetite of the Bank from a credit risk perspective.
3. Partner with IFIs on the benefits of credit risk awareness across different operational contexts to build internal capacity in spotting and addressing potential credit risks issues which strengthen risk management practices.
4. Network with IFIs to build a solid support base for tailoring the Bank's credit risk management policies and approaches sustaining program assessment, development, and evolution.
Delivery (Adapt the project cycle)
1. Organize credit risk monitoring frameworks and programs to ensure the early identification and timely assessment of potential risks scenarios in accordance with the Bank's policies and guidelines.
2. Optimize approaches and build consistency in credit risk outputs to ensure availability of information and timely advice that informs the Bank's risk appetite.
3. Sustain quality of credit risk management services to ensure level of impact is maintained across varying operational challenges.
4. Devise methodologies, tools and processes that validate credit risk models to evolve program quality standards and refine input to the Bank's risk appetite assessment. Conduct comprehensive credit analyses across the full lifecycle of project finance transactions, with a focus on infrastructure projects.
5. Apply strong knowledge of credit rating methodologies used by rating agencies to evaluate sovereign and non-sovereign transactions, including project finance, corporate finance, and equity investments.
6. Evaluate and implement capital adequacy norms and other risk parameters, including probability of default (PD), expected credit loss (ECL), loss given default (LGD), and security mechanisms to ensure sound risk management practices.
7. Draft and review loan documentation for project finance transactions, incorporating appropriate risk mitigants to safeguard the bank’s interests.
8. Develop and interpret advanced financial models, including highly complex multi-spreadsheet models, to support credit decisions and transaction structuring.
9. Prepare and articulate comprehensive credit proposals, clearly identifying inherent risks and recommending appropriate mitigants to address identified risks.
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TARGETED SKILL PROFILE:
Substantive Knowledge
1. Proven experience in credit analysis, particularly in the infrastructure sector, with expertise in project finance.
2. In-depth knowledge of credit rating methodologies used by rating agencies to evaluate sovereign and non-sovereign transactions, including project finance, corporate finance, and equity investments.
3. Strong understanding of capital adequacy frameworks and related risk metrics including probability of default (PD), expected credit loss (ECL), loss given default (LGD)etc.
4. Expertise in reviewing loan documentation for project finance transactions, incorporating appropriate risk mitigants to safeguard the bank’s interests.
5. Advanced proficiency in financial modelling, including the ability to build, analyze, and interpret complex financial models.
6. Understand the program framework and the integration of different programmatic elements into the project/service portfolio.
7. Develop and execute program plans across a range of well-defined and established programmatic elements aligned with broader organizational objectives.
Communication Skills
1. Demonstrated Skill gained through exposure/experience in relationship management.
2. Advise team on possible impediments to sustaining delivery standards to develop strategies.
3. Engage clients proactively to define expectations/needs and builds an informed framework for service delivery.
Execution Skills
1. Demonstrated Achievement in the consistent delivery of programs/services through adaptation.
2. Meet consistently the program delivery standards on timing and the deployment of resources.
3. Meet consistently program delivery standards in terms of quality/relevance.
Requirements:
1. Master’s degree or equivalent in finance, economics or related fields.
2. Minimum 7 years of relevant experience in credit risk assessment, monitoring and reporting in a large financial institution.
3. Exceptional writing skills to prepare detailed, clear, and well-structured credit proposals. Fluency in English essential to communicate in writing and speaking.
For candidates based in Russia, if you face any technical difficulties, please email your resume and cover letter to career@ndb.int with the Job Title and Requisition Number in the email subject line.
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