Risk Management Specialist

3 days ago


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

Focused on fostering growth and success, we are committed to creating value for our employees, customers, and communities. At HealthCare Dynamics Gen. Trading Company W.L.L, we recognize the importance of innovation, agility, and differentiation in driving our business forward.

Job Purpose:

We are seeking a highly motivated and detail-oriented Risk Management Specialist to join our team. The successful candidate will be responsible for supporting the Immediate Supervisor and overseeing Market & Operational Risk, ensuring that all ratios are within regulatory requirements.

  • Key Accountabilities:
  • Verify deal tickets for mathematical accuracy and completeness, ensuring control numbers and supporting documents are valid.
  • Monitor interbank lending limits daily, recording them accurately against deal tickets.
  • Prepare daily, weekly, and monthly returns as per regulatory requirements, ensuring timely reporting.
  • Develop management reports for liquidity forecasting and projecting LCR.
  • Escalate any exceptions to governance requirements.
  • Monitor FX positions intra-day and overnight, verifying with system-generated reports and maintaining daily reconciliations.
  • Establish FX counter rates and staff rates, including margins.
  • Report exceptional deals to the Manager-Risk for necessary actions.
  • Coordinate reports on Market and Liquidity Risk sent to Group Risk Management.
  • Assist Risk Lead in preparing MIS and packs for Branch Risk and Compliance Committee.
Responsibilities:

In addition to the key accountabilities, the successful candidate will also:

  1. Act as a backup for activities performed by the Immediate Supervisor in their absence.
  2. Lead and present to the Branch Risk and Compliance Committee based on the governance charter.
  3. Provide inputs and present at the Regional Risk and Compliance Committee on Risk Management areas if required.
  4. Coordinate with Head Office on important matters in the absence of Risk Lead.
  5. Represent risk management in various Branch level governance committees (ALCO, Exco, B-RCC) based on delegation.
  6. Sign off on stress testing and submissions to regulatory bodies.

The ideal candidate will have a strong understanding of credit portfolio components, knowledge of regulatory requirements, and best practices in the industry.



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