Experience in risk management for financial institutions and regulatory reporting with banks (NBC and Shinhan Bank Korea).
Strong knowledge of IFRS 9 Expected Credit Loss (ECL) modeling and estimation of PDs, LGDs, and cash flows.
Experience with liquidity risk management, including monitoring Liquidity Coverage Ratio (LCR) and gap analysis, and performing stress testing.
Ability to conduct loan reviews, assess repayment capacity and collateral, ensure compliance with laws and internal controls, and coordinate reporting.
Requirements:
Set and monitor total risk limits; prepare and operate the Risk Management Committee; respond to requirements from NBC and Shinhan Bank Korea.
Calculate and post IFRS 9 ECL; monitor Net Worth and Solvency ratio; estimate risk components (PDs, LGDs, CF) for ECL calculations; operate and manage credit evaluation models.
Monitor liquidity metrics (LCR) and assess 3-month interest rate gap; implement stress testing of interest and liquidity risk; conduct incident reporting and loss data collection; prepare operation risk reports to Shinhan Bank Korea.
Conduct annual loan reviews, reassess borrowers' repayment capacity, repayment history, assets and collaterals; verify compliance with loan approval authority and related laws; prepare and report loan review results to the CEO monthly.
Job description
Set and monitor the total risk limit
Prepare and operate Risk Management Commitee
Respond to the requirements from NBC and Shinhan Bank Korea
Calculate and post IFRS9 ECL (Expected Credit Los)
Monitor and analyze Net Worth and Solvency ratio
Estimate risk components (PDs, LGDs, CF) for calculating ECL
Operate and manage credit evaluation models
Calculate and monitor Liquidity Coverage Ratio (LCR)
Monitor and analyze 3month interest rate gap ratio
Implement the stress test of interest and liquidity risk
Incident reporting and loss data collection
Prepare and submit operation risk reports to Shinhan Bank Korea
Monitor the run-out rate of F/X limit
Monitor the net open position amount
Providing daily CBC alert report to related persons and departments
Track feedback from related persons to ensure proper actions have been taken to prevent refinancing
Maintaining records of CBC alert reports
Check whether loans comply with loan approval authority Affirm compliance with laws and regulations related to loans Verify customers' repayment capacity
Review other contents deemed necessary by the head of Loan Review Department
Conducting annual review on existing loans
Re-assess customers' repayment capacity, repayment history, assets and collaterals
Identify risk factors based no monitoring grade, total loan amount, industry type, etc.
Notifying related department and/or person to ensure proper and immediate actions are taken complete and submit the annual loan review assessment report
According to the results of loan review, the head of risk management department may request branch managers and heads of loan assessment department to take necessary measures to prevent insolvency in advance.
If it is determined that an inspection is required as a result of loan review, the head of the risk management department may request for an inspection to the audit department.
