Operational Risk in Risk Management Department
[Gulf Bank: Second largest commercial bank in Kuwait with asset size of USD15 billion and equity of about USD 2 billion] Accountabilities Establishing operational risk management framework inclusive of Risk and Control Self Assessment (RCSA) and Key Risk Indicators (KRIs). Computing capital charge as per Basel II for Enterprise Risks Overseeing an additional responsibility of pre-approval review of policies and procedures manual before the approval by the Executive Committee. Carrying out 'comprehensive operational risk review' of new products implemented in the bank. Secretary to the Risk Management Committee (RMC) and preparing RMC presentations Actively participating in the Enterprise wide Risk Management (ERM) solution implementation project Interfacing between functional team and IT team of the bank for amendment / acquisition of software solution. Attainments "Excellent" (highest rating) performance rating for two years in a row and part of elite 'GB Excel Club' of the bank. Established comprehensive operational risk management framework with RCSA and KRIs. Documented Internal Capital Adequacy Assessment Process (ICAAP) Policy for the bank and received a great compliment from CEO Reviewed, recommended and implemented major changes in processes related to corporate credit, like limit setup, collateral management & monitoring of accounts.

Accountabilities as Assistant Vice President – Credit Risk (Corporate & SME) Carrying out pre-approval Credit Risk Review of credit proposals including review of Credit Risk Rating Participating in the approval process of the credit proposals by the appropriate approval authorities. Conducting computation of capital charge for credit risk as per Basel II Establishing requirement for implementing ‘Foundation IRB approach’. Conducting portfolio analysis of bank’s Corporate / SME assets Accountabilities as Assistant Vice President - Head of Credit Audit Division [Corporate and SME] Reviewing the total portfolio of more than USD 25 Billion (which includes Corporate and SME), comprising of over 800 exposures spread over 75 types of industries throughout the country. Reviewing credit risk assessment including credit risk rating of exposures. Advising the management about quality of portfolio, account level report, exit / reduction / continuation of credit exposures, risk rating and risk profiling of corporate banking branches.

Establishing Operational Risk Management Framework inclusive of Risk & Control Self Assessment (RCSA) and Key Risk Indicators (KRIs) for the entire bank Computing capital charge for operational risk as per Basel II. Conducting pre-approval review of procedures manual before the approval by the Board of Directors. Interfacing between functional team and IT team of the bank for amendment / acquisition of software solution. Functioning as solution provider for the day to day issues raised in operational processes & systems. Responsible for ‘comprehensive operational risk review’ of new products implemented in the bank. Reviewing from Operational Risk Perspective for the projects namely, Business Continuity Planning, Anti-Money Laundering, Contact Centre, Internet Banking, Credit Card upgradation, etc.