Manager, Enterprise Risk

7 days ago


Richmond Hill, Ontario, Canada ICICI Bank Ltd Full time

Job description
ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited which has its headquarters in Mumbai, India. ICICI Bank Limited is a leading private sector bank in India. The Bank's consolidated total assets stood at US$182.8 billion as at December 31, 2019.


Established in December 2003, ICICI Bank Canada is a full-service direct bank with an asset base of about C$6.5 billion as at December 31, 2019, and it is a member of the Canada Deposit Insurance Corporation.

The Bank offers a wide range of financial solutions to cater to personal, commercial, corporate, investment, treasury and trade requirement's

  • Area of Responsibility_
  • Implement bank wide Enterprise Risk Management and enhance in line with ongoing requirements
  • Review all relevant risk management policies on an annual basis in line with corporate governance requirements
  • Develop methodology for model validation and enhance required methodologies on an ongoing basis
  • Review and enhance Internal Capital Adequacy Assessment Process (ICAAP) enhancements after consulting with all stakeholders
  • Present the results of stress testing and model validations in the Stress Testing Forum and ensure implementation of the recommendations
  • Keep Expected Credit Loss (ECL) related models updated based on latest data / methodology / regulatory guidance
  • Carry out credit analysis of new and existing loans on FinTech platform
  • Review Risk Appetite limits/Risk Dashboard and Emerging Risk Analysis on a quarterly basis
  • Keep abreast of regulatory policies and requirements in Canada. Work with relevant stakeholders to create and update policies in line with regulatory requirements
  • Analyze and automate various portfolio positions / MIS on regular basis for the Bank's retail and residential mortgage portfolios
  • Enhance the Board level risk management policies according to business needs and portfolio risk level and present in appropriate forums for approval
  • Coordinate within the department to prepare presentations for senior management, Board & regulators
  • Coach, mentor and develop a strong credit culture among corporate, commercial and retail business teams
  • Other duties as assigned

Flexible Language Requirement:

  • French not required

Work Location:
In person

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