Senior Consultant , Assistant Manager – FS Risk

We have an exciting opportunity opened up in our Financial Services – Risk Management practice.
The resource will work in a client facing role and take on the responsibility of advising clients on
financial risk management aspects.

Required Skills
The firm is seeking to recruit a bright and a passionate expert resource who has relevant work
experience and skills in financial risk management domain. The candidate will have experience in
one or many of the following areas:
Developing a  Developing the existing Risk Appetite framework.
1 framework for  Developing Risk Appetite Statement (RAS) approved by the Board of Directors in line with the
risk appetite strategy.
and risk  Developing Tolerance Limits for the key risks.
tolerance limits  Developing a plan for maintaining and reviewing the Risk Appetite Framework and the
Tolerance Limits.
2 Developing  Developing credit rating policies (including aspects of governance, develop-ment, utilization,
credit rating validation, risks).
policy, models  Lead development of credit rating models for retail or corporate or SME or project finance
and portfolios
mechanisms  Lead review, validation and enhancement of credit rating models for project finance portfolio
 Developing a risk-based pricing framework to include the following:
o Methodology for calculating Risk-Adjusted Return on Capital (RAROC) against the
Economic Capital (EC).
o Methodology for risk-adjusted performance assessment of business, areas and
product types based on the developed credit ratings.
 Implementation of IFRS 9 standards across Banks
o Recommend and implement a methodology for Stage wise allocation of assets
o Update the current PD models and compute PD estimates as per IFRS 9 guidelines
o Develop LGD estimation technique and arrive at LGD estimates
o Develop EAD estimation techniques and arrive at EAD estimates
o Development and update of Policies and Procedures for Implementation of IFRS – 9
 Reporting for the aforementioned models. Design reports templates
 Developing / reviewing and enhancing stress testing models and approaches
3 Reviewing and  Review and develop working and monitoring mechanisms for credit Portfolio in order to
developing include the following general objectives:
mechanisms for  Deep understanding and exposure to Credit risk management in Corporate/Wholesale
controlling the portfolios
Credit Portfolio  Setting the methodology/approach and standardizing risk measures and models.
 Carrying out portfolio stress tests.
 Undertake review of the credit portfolios of the Corporate Banking Group and/or SME
Banking in order to monitor portfolio credit quality, identify portfolio trends with
recommended actions for improvement in portfolio quality.

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Work Experience & Education
1. Candidates will have above 3 to 7 years professional experience with experience in leading
consulting firms, specializing in FS Advisory or working in credit risk/ ERM departments in Banks.
Ideal educational qualifications would be:
 MBA (Finance) from a leading business school OR
 Professional qualification (Chartered Accountancy) OR
 Bachelors in quantitative disciplines (Math/Statistics, Science, Engineering)
 Certifications like FRM and CFA would enhance the overall candidature.

Key Personal Attributes

1. A good blend of creative thinking and rigorous analysis in solving business problems. Strong inter-
personnel, analytical and management skills.
2. High energy individual possessing excellent analytical, interpersonal, communication and
presentation skills. Adept at preparing and presenting to senior audiences.
3. Detail-oriented, self-starter and must work well in a team-oriented environment. Good oral and
written communication skills
4. Must have ability to multi-task.
5. Regular reading habit for updating himself/herself and exhibit high level of confidentiality.
6. Willingness to travel as necessary to meet client needs. Travel frequently required based on client
requests/commitments. Second language skills and international business experience will be useful.

Location
Dubai
About Us
Protiviti delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help
leaders face the future with confidence. Our consulting solutions span critical business problems in
technology, business process, analytics, risk, compliance, transactions and internal audit. We are committed
to attracting and developing a diverse workforce of professionals that share the common value of
collaboration. As an organization, we believe that by teaming together, with each other, and our clients, we
can see beyond the surface of changes and problems organizations face in this fast-changing world to discover
opportunities others might miss and face the future with greater confidence.

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Our more than 4,500 people serve clients through the network of Protiviti and independently owned Member
Firms in more than 70 offices in over 20 countries. We have served over 60% of FORTUNE 1000® companies
and 35% of FORTUNE Global 500® companies. Our people and organization have consistently been recognized
by FORTUNE and Consulting Magazine as a best company to work for. In the Middle East Region, Protiviti’s
member firm is a leading provider of business consulting, internal audit, risk management, technology,
forensic and fraud investigation, human capital and transaction services. Protiviti member firms are separate
and independent legal entities, are not agents of other firms in the Protiviti network, and have no authority to
obligate or bind other firms in the Protiviti network.

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