Credit Quantitative Oversight Manager

To own, support, manage and develop key relationships across RCI/MFS including; managing the oversight of all Credit Risk positions, underwriting issues, and oversight responsibility in accordance with the risk appetite statement.

Build collaborative relationship with 1st line of Defence Credit / Underwriting team. Maintain and update the Bank’s Risk policies and the department’s risk procedures, provide in-depth analysis, market trends and horizon outlook, while keeping stakeholders informed on all critical developments

Build Quantitative models for effective challenge of 1st line of defence outputs, stay abreast of model changes, model development, implementation and validation across the Credit portfolio.

Responsibilities

• Provide Second line of defence review of MFS underwriting credit portfolio, in line with the bank’s credit risk policies & the Department’s Risk procedures
• Primary Dealer and Underwriting counterparty assessments
• Provide Second line challenge on loan approval process
• Provide Second line attestation on approval process
• Ownership of Model review and procedure review on aspects such (ECL,PD, LGDs, EADs)
• Scorecard Oversight & Quantitative Development
• Quantitative Modelling capability
• Ownership of Loan Origination Policy
• Thematic reviews on underwriting process and controls
• Drive governance around model changes or updates, and ensure approval at relevant Risk committees
• Develop executive reporting, review reports
• Monitor and report on counterparty exposures & Macro Economic/Micro Economic Mindset & Outlook
• Regulatory reporting oversight – second line review and approval
• Oversight and some preparation of regulatory reports
• Monitor and report on all Large Exposure Daly positions – including daily monitoring
• Oversight of risk models operating in accordance with policy and use test – including annual review of model inventory
• Ad hoc support to the Head of FRR and CRO
• Mentoring and managing junior members of the team
• Risk appetite statement & Risk Management Framework development
• Recovery plan
• Model risk management (incl EUC) policy

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