A GLIMPSE ABOUT CRÉDIT AGRICOLE EGYPT:
Crédit Agricole Egypt Since its launch in 2006, Crédit Agricole Egypt has succeeded to become a strong player on the economic scene, positioning itself as the Reference European Bank in Egypt. Aiming to become a leading innovation-driven sustainable bank, Crédit Agricole Egypt is committed to bring its international expertise to the local market to serve its clients and drive the sustainable development in line with Egypt’s national priorities. With a universal customer-focused model, Crédit Agricole Egypt is “a whole bank just for you” serving the entire spectrum of customers: individuals, SMEs, enterprises, Corporate and public sector. Prioritizing its customers’ best interests, Crédit Agricole Egypt presents an extensive range of services, tailored financial solutions and the sound advice, to accompany its clients in their walk of life. Awarded most innovative bank in Egypt, convenience and distinguished customer experience is Crédit Agricole Egypt’s endeavor to attain its customers’ satisfaction throughout its nationwide network of branches and its state-of-the-art fully-fledged platform of digital services. Furthermore, Crédit Agricole Egypt is in line with the world’s digital transformation, encouraging and implementing an innovative environment to exceed its customers’ expectations. In addition, for being an active contributor to the local economy, the bank is committed to support the development of the Egyptian community and the respect of the environment.
Duties & Responsibilities:
Approves model qualification within the inventory of Model owner entity’s perimeter. Approves the Gross Model Risk classification carried out by the Model Owner or the Model Developer if applicable;Coordinate and maintain the local framework for identifying models and reference tables;Evaluates and consolidate Model Risk on Model owner entity’s perimeter;Submits a model Risk management and control review at least twice a year to the entity’s Model Risk Management Committee or equivalent. Presents the local model risk governance and the possible changes to it to the group MRM committee at least annually. Presents Model Risk summary to the Group MRM committee semi-annually. Carries out an independent review of Model Risk qualification. Carries out an independent review of Model Risk Assessment. Reviews the model classification done by Model owner and / or Model Developer. Supports, together with the relevant business lines/departments within the entity, prepares follow‐up meetings and provides all the additional information necessary to DRG for the preparation of the ensuing Group committees. Coordinates with the appropriate relays within the entity’s perimeter, relying on the operational and functional managers involved in risk management, including internal controls. Acquires any additional information to fully understand the situation and its potential consequences, and shall take all the necessary corrective measures related to Model Risk Assessment. Compiles alert reports, organizes the reporting of major incidents and gives all the necessary information to the Group MRM unit in order to assess the Model Risk situation as well as the contingent action plans if applicable.
Requirements:
Bachelor's degree in a relevant field or an equivalent combination of education and work related experience.5+ years of relevant financial industry experience or equivalent in the areas of risk, operations, administration, or finance. Very Strong analytical skills. Strong experience drafting policy and procedure documentation, MIS reports, and materials for senior management, oversight forums, and regulators. Strong written and verbal communication skills including Microsoft Office suite experience. Exceptional organizational skills and ability to manage multiple time sensitive projects concurrently and highly collaborative and able to engage with cross-functional teams. Detail-oriented, organized, and adept at prioritization. Model inventory database and SQL experience