Senior Financial Institutions Credit Analyst

Bank ABC seeks to recruit a Senior Financial Institutions Credit Analyst in the Head Office Credit Department based in our Head Office, in Bahrain.

The job holder will be responsible to:

• Review/ analyze credit applications submitted by RMs/product specialists/Business Units Coverage, and support Credit Committees/BRC in decision making by providing independent credit opinion/analysis to the Committees.
• Act as the second line of defense providing timely and effective credit reviews of credit applications related to Financial Institutions and Sovereigns credit risk underwriting proposals. This includes limits, credit products, assessing the creditworthiness of the existing and potential obligors, internal obligor risk ratings

Reporting to the Group Chief Credit Officer, the job holder will:

• Review/ analyze credit applications submitted by RMs/product specialists/Business Units Coverage, and support Credit Committees/BRC in decision making by providing independent credit opinion/analysis to the Committees.
• Act as the second line of defense providing timely and effective credit reviews of credit applications related to Financial Institutions and Sovereigns credit risk underwriting proposals. This includes limits, credit products, assessing the creditworthiness of the existing and potential obligors, internal obligor risk ratings.
• Conducting counter party fundamental credit risk analysis and credit review assessment of the creditworthiness of the Sovereign and Financial Institution clients (Banks, Sovereigns, Non-Banking Financial Institutions, Supra nationals, MDBs including assessment and financial analysis e.g., using the CAMELS format). The main purpose is to minimize credit losses/potential future ECLs, in addition to proposing internal obligor risk rating that meets the internal ABC criteria
• Review, check and assign the appropriate risk rating to each counter party obligor in ABC Group portfolio to reflect the true and fair condition of the credit risk profile before presenting to Credit Committee/BRC.
• Identify red flags and early warning signs of immediate &/or developing risks based on the credit analysis, industry and country risks. Take proactive action in coordinating with the RMs/product specialists/Business Units Coverage in order to initiate preventive/corrective measures for regularizing the accounts, and avoiding any potential downgrade/default/losses.
• Supporting credit committees/BRC in the evaluation, communications, and comprehension of credit applications (new deals, renewals, recaps, annual reviews, waivers etc.) via providing risk assessment and identifying material key risk issues and any other required information to the credit committee members/BRC for credit decision making; while addressing Credit Committee/BRC concerns as and when requested.
• Assess potential credit risk transactions: providing an independent and forward-looking objective credit assessment, opinions, and recommendation on the credit quality of proposed counter parties obligors, recognition, and mitigation of credit risks, and raise any potential concerns to the relevant Committee.
• Initiate, prepare and present executive presentations on any specific or general subjects related to FIs and Sovereigns that would instigate Credit Committee discussion in the periodic Committee meetings as and when requested.
• Ensure consistent application of and adherence to/compliance with the relevant credit policies/standards/procedures as required
• Analyze the ABC Group FI portfolio at least on annual basis.
• Active credit quality monitoring and update of the analysis of counter parties and existing risk ratings, especially during the regular annual reviews.
• Actively and promptly coordinating with external Credit Rating Agencies to acquire recent and latest updates on counter parties and portfolio reporting.
• Evaluate and monitor ABC Group portfolio of Sovereigns and FIs, including industry and country reports and make recommendations through reviewing the Bulk Reviews of the FIs.
• Maintaining appropriate risk disciplines and unified standards specific to ABC Group FIs and Sovereigns…