Head of Credit & Counterparty Risk

  • Competitive
  • Riyadh, Saudi Arabia
  • Permanent, Full time
  • Madison Pearl
  • 12 Nov 17 2017-11-12

Our client, an established state-owned investment vehicle is currently in search of a Head of Credit and Counterparty Risk to be part of their growing Risk Division and will be responsible for the organization-wide integration of effective and efficient management of credit & counterparty risk.

Key responsibilities:

  • The select candidate will develop, implement and maintain an effective credit control policy and procedures and implement enhancements where required.
  • Develop medium/long-term credit risk strategy aligned to overall investment strategy and draft credit & counterparty Risk Policy.
  • Work closely with Private Equity, RE & Infra, and alternatives team to analyze credit risk and approve credit exposure before the deal is affected.
  • Build credit monitoring system for all liquid and publicly traded securities, Monitors portfolio and individual investments to identify early warning signs and take necessary action.
  • Embed risk management culture in front office functions, contribute to the design of the investment process from a risk management perspective to ensure a comprehensive assessment of risks.
  • Establish the credit & counterparty risk team.

Key requirements:

  • Minimum 10 years of total experience with the most recent 5 years in the same capacity or related function.
  • Experience within either top international investment banks, private equity, asset management firms or other state-owned investment funds is a prerequisite.
  • Global Geographic exposure and sector experience in Infrastructure, Real Estate and Industrials etc. is an advantage. Regional exposure to the Middle East is desirable but not mandatory.
  • Bachelors / Masters from a leading international business school.
  • Fluency in Arabic is an advantage.

Interested candidates please apply to this advertisement directly or send your CV to damion.cubitt@madisonpearl.com 

*ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED*