The job is situated within the Policy unit of the Group Credit Risk. We build and maintain credit risk standards to manage credit risk across KBC and to provide compliance with the prudential regulation for credit risk. As such, the Policy unit’s regular contacts include international contacts with credit and credit risk teams of KBC’s business units in 6 countries as well as other group functions (such as finance and risk) and KBC’s senior management. We play a key role in facilitating and representing Group Credit Risk in credit (risk) communities, steering committees and project teams.
Once new Basel IV regulation is published, you, as one of the first in KBC, read the regulation in detail, you communicate to stakeholders internally what Basel IV means, calculate the impact on capital and lead the project to become compliant when Basel IV is adopted by Europe – and that is a lot.
Taking into account new external regulatory developments and/or internal credit risk concerns, you analyse the current situation, translate the new developments or risk concerns in a to be situation. You document the requirements into group wide standards which will become applicable to all entities and potentially all lending segments throughout KBC. You lead the international project team with the credit and/or credit risk representatives from 6 countries. You propose the resulting standards for approval to the KBC’s senior risk committees. You communicate these standards to the local credit and/or credit risk departments. You monitor and report on the progress of implementation in the entities as to assure a group wide compliance with the new standards set.
Training will be mainly ‘on the job’. You will start with one of the afore-mentioned tasks and gradually build up towards several tasks and responsibilities.