Risk Management Specialist for IFRS 9 Implementation

6 hours ago


Kuwait City, Al Asimah HealthCare Dynamics Gen. Trading Company W.L.L Full time

**Job Overview**

We are seeking a skilled Risk Management Specialist to support the implementation of IFRS 9 at HealthCare Dynamics Gen. Trading Company W.L.L.

**Responsibilities:**

  • Provide support for the risk management perspective of IFRS 9 implementation, ensuring compliance with guidelines and instructions.
  • Assign and perform job roles on a monthly/quarterly basis to generate IFRS 9 reports using SAS System.
  • Support the implementation of CBK Guidelines/Instructions/changes in existing guidelines, including UAT, data validation, and successful closing of system changes.
  • Verify stage classification and ECL for wholesale banking on an ongoing basis.
  • Conduct independent credit risk assessments on applications and provide analysis and ad-hoc reports as required in relation to impairment on wholesale credit portfolio.
  • Perform quality checks on credit applications to ensure they meet requirements of credit committees etc.
  • Monitor excesses and repayments and follow-up with Relationship Managers (RMs).
  • Provide reports on pending approval covenants to RMs on a quarterly basis.

**Requirements:**

  • Experience in risk management and credit review.
  • Strong understanding of IFRS 9 implementation and its requirements.
  • Ability to work independently and as part of a team.
  • Excellent analytical and problem-solving skills.
  • Effective communication and reporting skills.


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