.-job descriptionregional head of gra latamthe regional head of gra latam is responsible for managing the regional global risk analytics function for latin america region in the development and validation of regional wholesale credit risk models for the latin america region.the wholesale credit risk models covers various risk model types including irb, ifrs9, stress testing, climate risk, economic capital, credit decisioning models to be applied to the various wholesale portfolios in the latam region.- the irb models must comply with the appropriate regulatory requirements defined by our home and host regulators, respectively mexican regulators and pra.
those models are reviewed and approved by the 2 regulators and are an essential part to keep the irb accreditation and have the regulatory capital requirement calculated under the irb framework.- the job holder also manages the ifrs9 models for the latam regions which must comply with the accounting standards to define the level of expected credit provisions for the wholesale portfolios in the region.- the job holder also supervises stress tests and economic capital models as well as climate risk models to run the appropriate stress tests exercises in the region, including regulatory and other internal stress tests exercises such as the icaap in the region.- the job holder also manages the credit decisions models to support various business growth and efficiency initiatives in the region.in addition, the job holder will also manage the appropriate regulatory engagement for the latam region for the regulatory models used in the regionthe role holder is also expected to engage with multiple stakeholders in cmb and gb, as well as wcrm fuctions to ensure that the gra models are fit for purpose and are estimating the various financials risks appropriately.principal accountabilitiesimpact on the business / function- lead the analysis, development and coordination with regional cmb, gbm and gtrf, wcrm, external auditors and regulators on the review and re-development of wholesale credit models.ensure appropriate model lifecycle including monitoring and effective governance around models in the region.- support the interaction with regional cmb, gb, grtf, finance and wcrm to ensure understanding of models, policy and decision making / behaviour to achieve related aims.- oversight interactions with regulators and external auditors on the models.- manage monitoring the implementation progress of imr and internal audit recommendations.- strong communication working alongside other risks departments, as well as finance and business partners.- adoption of advanced risk measurement methodologies across the business- improved prioritisation of asset allocation to ensure best returns based on related risks