FAHAD HUSSAIN
Risk Management Professional
Toronto,Ontario
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy. Hardworking and passionate job seeker with strong organizational skills eager to secure Manager, Risk Management position. Ready to help team achieve company goals.
Overview
17
17
years of professional experience
5
5
years of post-secondary education
4
4
Certifications
Work History
Head of Risk Strategy and Policy
Riyad Bank
Riyadh, 02
09.2017 - Current
- Responsible for Overall Enterprise Risk Management across Group and its subsidiaries
- Responsible for Risk Appetite Framework and Statement and its cascading to manage risk profile of group
- Coordinating with external auditors, Central Bank and other external stakeholders on aspects of credit risk policies, models, provisions
- Setting up and running various governance committees (Group Risk Committee, Model Risk Management Committee, Model Management Working Group)
- Developed and implemented several model governance policies (Model Governance Framework, Model Development, Monitoring and Documentation Standards)
- Developed stress testing and enhanced ICAAP framework for group and designed Financial statements disclosures around risk management and provisioning
- Conducted gapping exercise on SAMA Model Management Standards and Guidelines
- Represented group on several forums including SAMA, CROC, regional conferences etc.
- Actively participated in IIF committee on IFRS 9 implementation
- Successfully implemented Credit Risk Capital Calculator and Credit Lens to support automation initiatives.
- Oversaw credit risk integration of group and set up and managing dedicated team in India to support increasing analytics demand
- Setting up distinct operational verticals of Risk Analytics team
- Successfully implemented BCBS-239 (Risk Data Aggregation and Reporting) project
- Developed IFRS 9 Expected Credit Loss models (ECL) for all portfolios across group overseeing ECL provisions for $90b+ portfolios quarterly
- Managing $4b+ ECL reserves for retail and corporate customers/portfolios across geographies
- Designed staging rules and maintaining staging of all customers across group covering $90b+ portfolios
- Responsible for overall credit risk modelling, underwriting and provisioning across group
- Developing and maintaining corporate, SME and retail credit risk underwriting models for group, its subsidiaries and branches covering $90b+ portfolios
- Designing state of art underwriting models leveraging trade, CASA and bureau data for first-time substantially reducing credit losses across corporate and SME portfolios
- Designed Risk Acceptance and Business Acceptance criteria for Private Banking, SME and retail SME facilitating program lending of $2b+ every year with TAT of ~2 days
- Proactively enriching corporate, SME and retail underwriting policies based on data insights
- Implemented customer lifecycle management system supporting $3b+ of new retail underwriting and $100m+ of retail recoveries annually
- Achieved end-to-end credit underwriting automation for retail portfolios achieving
- Gradually enhancing retail straight through processing to 95%+ in 2022
Joint Director
State Bank Of Pakistan
Karachi, Sindh
10.2006 - 09.2023
- Lead and successfully implemented project of “Risk Based Supervision” to transform regulatory regime.
- Lead development of IFRS-9 Regulatory Guidelines and Problem Loans Management Rules for Banking Sector
- Conducted comprehensive risk assessment and developed supervisory risk profiles of financial institutions through data analytics and onsite assessments
- Handled Risk Management Guidelines, IFRS-9 Regulatory Guidelines and Problem Loans Management Rules for Banking Industry.
- Performed risk assessments of Banking products and services for regulatory approvals
- Extensively worked and delivered on Stress Testing, Systemic Risk Assessments,
Macro-Prudential Framework Self Assessments and Risk Analysis - Liaison with Basel Working Group, World Bank and Financial Stability Department for Financial Sector Assessment Program of Pakistan
- Participated in training on latest technology trends and products in industry
- Trained and guided team members to maintain high productivity and performance metrics
- Launched staff engagement, gender diversity and cultural programs in addition to robust reporting tool that increased operational quality
- Conducted risk assessments of Financial Institutions (FIs) and recommended supervisory/enforcement actions/measures.
- Participated in establishment of Basel II program for local jurisdictions and led discussions with Basel Working Group and Banks on risk related issues and regulatory reporting
- Conducted regular wholesale & retail portfolio risk assessments to identify
infections/delinquencies at an early stage, facilitated in proactive and effective non-performing loan management with relevant business groups - Conducted onsite supervisory review of Commercial/Microfinance Banks and DFIs; drafted reports and presented to competent authority for approval and enforcement actions.
- Designed internal rating systems and their governance protocols and carried out trainings
- Designed and tested methodology for Significant Banking Activities and related
materials risks including Credit, Market and Operational Risks
Education
Master of Science - Finance
London Business School
London 08.2016 - 01.2017
Master of Business Administration - Finance
The University of Lahore
Lahore 02.2002 - 03.2004
Bachelor of Science - Statistics, Economics
University of The Punjab
Lahore 02.2000 - 02.2002
Skills
Problem-Solving
undefinedAccomplishments
- Risk Based Banking – Singapore
- Islamic Banking – Malaysia
- Credit Risk Modelling – UK
- IFRS 9 – UK
- Extracurricular
- Photography: An amateur with aspirations to perfect this art
- Hiking: Avid hiker always looking for adventure in any part of the world
- Reading: Never mind a good read on self- help, business and religions
- Games: Golf, cricket and racket sports
- Others: Member of local cycling clubs and LBS admission
- Interviewer
- Final Takeaways
- I have made significant progress in areas of
- Enterprise Risk Management, credit risk and the application of Decision Sciences in
- Credit Risk space across corporate, SME and retail segments
- I believe in the power of data and how it can transform the way credit standards and decisions can be enhanced
- I am one of the key risk resource championing digital transformations at Riyad Bank
- (Oct 2006 to Jun 2009)Deputy Director
- State Bank of Pakistan
- Risk Ctrl/ Risk Gov /UnderwritingBasel
- II/III
- IFRSECL
- Experience
- Audit/Op Risk
- Ent
- Reg
- Risk/ Risk
- Finance Modelling 30%
- Mkt Risk
- Risk Policy
- Career Summary (Jan 2006 to April 2006)Relationship Management
- Askari Commercial Bank
Certification
2009 to Sep 2017)Joint Director
Timeline
Head of Risk Strategy and Policy
Riyad Bank
09.2017 - Current
Master of Science - Finance
London Business School
08.2016 - 01.2017
Joint Director
State Bank Of Pakistan
10.2006 - 09.2023
Master of Business Administration - Finance
The University of Lahore
02.2002 - 03.2004
Bachelor of Science - Statistics, Economics
University of The Punjab
02.2000 - 02.2002
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