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Capital Planning Manager

Employer
Gulf International Bank
Location
Khobar, Saudi Arabia
Salary
Competitive
Closing date
May 16, 2024

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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Job Description

The Capital Planning manager maintains the policy for Expected Credit Loss (ECL) and Internal Capital Adequacy Assessment Processes (ICAAP). The job holder is responsible for maintaining the RAROC/EVA pricing model and answering all queries the business units may have on the pricing model . The job holder is also responsible for preparing the ICAAP submissions to the CBB and the CBBUAE and advising GIB's subsidiaries on preparation of their ICAAP.

Key Accountabilities
ECL
- Own, maintain and implement the ECL policy
- Perform ECL calculations and explain variances
- Maintain/Update inputs for the ECL and liase with IT to automate the ECL process
- Provide impact analysis on the impact on ECL of planned transactions
- Ensure completeness of transactions for the ECL computations
- Prepare workings for the various ECL disclosures for the financial statements
- Update the models maintained to convert TTC PDs to PIT PDs taking into account macroeconomic forecasts
- Ensure inputs to the ECL calculation (PDs, LGDs, Collateral etc) are regularly updated
- Liase with auditors and consultants on the ECL calculation
- Serve as the point of contact for Finance with other stake holders involved in the ECL calculation

RAROC / EVA
- Own and maintain the RAROC/EVA pricing model and answer any queries business units may have
- Perform the monthly RAROC calculation at the customer level for reporting in the monthly MIS
- Ensure inputs to the RAROC model (PDs, LGDs, Collateral, Cost of Funds , Operating costs) are regularly updated
- Liase with Treasury to prepare the FTP rates for ALCO approval
- Assist the head of the Balance sheet Management in the maintenance of the FTP policy

ICAAP
- Own and maintain the ICAAP policy and the capital management policy
- Preparation of Group ICAAP and CBB UAE ICAAP in accordance with the rules prescribed by the regulators .
- Liaise with business units and cost centres to assess Pillar 1 capital and Pillar 2 capital for all risks of the Bank.
- Liaise with Risk Management on the enterprise wide stress testing to be included in the ICAAP
- Review the ICAAPs of subsidiaries and assess impact on Group and provide them technical support

Others
- Oversee and report on the Group's credit portfolio and staging
- Prepare adhoc reports for management

Team management
Manage and develop the Capital Planning teams across the Group, ensuring appropriate skills, capacity, training and business resilience, while supporting the team members in their career progression.
Develop, document and implement, with regular review, the succession plan to ensure continuity of the unit.

Skills

Qualifications:

Post-graduate degree in Finance; or MBA/MSc in Finance Chartered Accountant

Professional Certifications:
  • CFA
  • Risk certification such as FRM/PRM will be an advantage

Experience:
  • Minimum 8+ years' experience in Banking or a similar consulting role with specific focus on
  • Finance, risk management, regulatory reporting and/ or capital management

Skills:
  • In-depth knowledge of the regulatory frameworks (such as Basel and CBB)
  • Working knowledge of RAROC methodologies
  • Good product knowledge for Banking products
  • Strong numerical and analytical skills
  • Good communication skills

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