Head of Underwriting - Wholesale Banking

Full time on site
Head of Underwriting - Wholesale Banking
Job Description

Requirements

Education

Minimum graduate from a reputed university with no third class/division, or CGPA below 2.0 in any level of education.

Experience
  • At least 10 years
Additional Requirements
  • Minimum 10 years of experience in a relevant field in a commercial banking environment.

  • Strong knowledge of Compliance and Fraud Prevention, Banking Principles and Lending Products, Credit Policy & Assessment Norms, Portfolio Monitoring & Analysis and Market & Business Intelligence.

  • Clear understanding of Bangladesh Bank’s credit policies and circulars as well as strong knowledge of industry best practices.

  • Strong understanding of data analytics and risk modelling.

  • Ability to lead a dynamic team independently and keen to develop others.

  • Excellent interpersonal, communication, negotiation, and collaboration skills to work with cross functional teams


Responsibilities & Context

BRAC Bank, a leading sustainable bank in Bangladesh, is committed to becoming the best bank in the country. It has pioneered SME Banking in Bangladesh and offers a comprehensive range of banking services to individuals and business entities. BRAC Bank stands out as a beacon of financial inclusion with solid financials, top credit ratings, and numerous accolades.

BRAC Bank seeks an ambitious, intelligent, purpose-driven, and enthusiastic individual for the following position in its Risk Management Division:

Grade: Executive Vice president

KEY RESPONSIBILITIES:

  • Formulate operating strategy & policies in line with the Bank’s objectives.

  • Guide risk managers & management to identify risks involved in any of the lending proposals of the Bank under wholesale banking portfolio.

  • Ensure identification of risks and development of mitigation strategy after consultation with related stakeholders to ensure the asset quality.

  • Monitor and follow up to ensure that credit portfolio health is in line with Bank’s objectives.

  • Conduct periodic stress asset tests when there are significant economic or industry sector downturns, adverse market risk events, or unfavourable liquidity conditions.

  • Brief the management and credit committee on credit proposals and risks / benefits associated with each proposal.

  • Identify and lead initiatives for process improvement and technology and drive operational efficiencies across segment through initiatives, e.g., decreasing TAT of important processes, etc.

  • Analyse current underwriting practices of peer group and market updates and competitor knowledge to identify market opportunities

  • Maintain accurate and error-free record keeping of transactions and ensure time to time reporting to the management, Board and regulators.

  • Ensure compliance with all regulations and controls set by the Bank and relevant regulatory authorities.


Employment Status

Full Time

Job Location

Anywhere in Bangladesh