Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) has announced a vacancy for a Corporate Credit Risk Assistant Manager in its Credit Risk division. The role involves assessing credit risk accurately, maintaining compliance with credit policies, and monitoring the quality of the loan portfolio of the bank and its leasing company.

Duties and responsibilities

The role's responsibilities include:

  • Liaising with the corporate team leader and business partner to organize the relevant credit portfolio.

  • Verifying the accuracy of the historical figures submitted, including account activity and historical profitability.

  • Checking the accuracy of clients' internal credit ratings (ORR), reviewing whether the scores submitted comply with the credit policy and Central Bank of Egypt (CBE) requirements, and explaining any deviation from the previously approved rating.

  • Verifying the accuracy of cash flow models and financing projections for medium- and long-term financing within the assigned portfolio.

  • Liaising with the corporate team leader on the risks associated with the requested credit facilities.

  • Reviewing the credit risk summary and initial recommendation, then submitting them to the direct manager.

  • Reviewing clients' credit inspection reports and discussing team members' comments and the negative points they contain.

  • Visiting clients with problem accounts, reviewing their position, and drawing up proposals to reschedule the remaining amounts due.

  • Monitoring credit concentration ratios across sectors to avoid excessive concentration in any single sector.

  • Monitoring activities to ensure compliance with policies and procedures, and reporting any non-compliance to the direct manager.

  • Managing inspection and audit work and ensuring risks are handled effectively and accurately.

Requirements and qualifications

Al Ahli Bank of Kuwait – Egypt has set out the following requirements and qualifications for the role:

  • A bachelor's degree in business administration, economics, finance or a related field from a reputable university.

  • Relevant practical experience in credit of at least 5 years, as stated in the announcement.

  • Completion of a credit course, which is a core requirement for applying.

  • Familiarity with credit risk management methods and techniques.

  • Practical knowledge of banking systems.

  • An understanding of corporate and retail banking.

For more details and to apply for the job, click here