Risk Based Supervision (RBS) & ECL Desk: Risk Management Division (EO-FAVP)

Job Description

Title: Risk Based Supervision (RBS) & ECL Desk: Risk Management Division (EO-FAVP)

Company Name: National Credit and Commerce Bank PLC

Vacancy: --

Age: At least 24 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 5 years

• MBA/MBM/Master’s/Four-year Bachelor’s Degree from UGC-approved university preferably in Finance, Banking, Accounting, Economics, or Statistics, with no third class/division in academic records.        

• Candidates with a minimum of 16 years of education will be eligible.

• At least 5 years

• Age At least 24 years

• Minimum 5 years of experience in Risk Management or related functions within commercial banks or financial institutions.        

• Preference will be given to candidates having an MTO/PO background or who have been recruited through a competitive examination in any commercial bank or financial institution.       

• Professional certifications such as CERM or FRM will be considered an added advantage.

• Collect structured data from relevant departments and perform pre-submission quality checks, validation and reconciliation against source data prior to submission through the Bangladesh Bank portal & maintain proper records of all submissions.

• Identify all required documents and qualitative disclosures for unstructured RBS data submissions.

• Coordinate with relevant departments for timely collection and review all submissions for completeness, accuracy and quality before uploading to the Bangladesh Bank portal.

• Respond to data queries, observations and requests for clarification from Bangladesh Bank within the prescribed timelines.

• Prepare Management for RBS inspections by briefing relevant divisions on the inspection scope, areas of focus and key requirements.

• Track post-inspection findings and coordinate with relevant departments to ensure timely implementation and closure of corrective actions.

• Organize, prepare presentations for and conduct periodic RBS Coordination Committee meetings at the senior management level. Report the status of RBS data submissions, inspection preparedness, inspection observations and corrective actions to the Committee.

• Organize and conduct regular RBS Working Committee meetings at the operational/departmental level and monitor action points to ensure effective and timely implementation.

• Identify opportunities for automation of RBS data collection, validation, and CSV preparation processes and coordinates with the IT & MIS Division for the development and implementation of appropriate automation solutions.

• Test, validate and reconcile automated outputs against established manual benchmarks prior to implementation/go-live.

• Analyze RBS data across key risk parameters, including credit risk, market risk, operational risk, liquidity risk, internal control risk, and other relevant risk areas, to identify areas of inherent risk and prepare periodic Inherent Risk Summary Reports for presentation to Senior Management.

• Plan and coordinate RBS awareness and training programmes for employees, as well as targeted training sessions for Senior Management and Board members regarding the Bank’s RBS status and inherent risk profile.

• Validate Expected Credit Loss (ECL) models in accordance with IFRS 9 requirements and critically review relevant model parameters, assumptions, and methodologies.

• Perform any other duties and responsibilities assigned by Management from time to time.

• Attractive compensation package will be offered to the deserving candidates selected for the positions based on the experience and competency.