Amith Singh

Experience

• 

  Colgate Palmolive (India) Limited

  Sept 1993 - Jan 1995

  Sales Territory Supervisor

  I was supervising the Sales in the Madhya Pradesh Region

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  Shadnagar Mineral Industry

  Jan 1995 - Feb 2004

  Manager

  I was overall incharge for managing the SME company

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  Bank of Maharashtra

  Feb 2004 - Feb 2008

  Manager Credit, Market Risk & Basel

  I was part the Market Risk team (Domestic & International). The profile included preparing Equity research reports and Fixed Income Research report (Corporates) for the proprietary investment of the Bank. Managing VAR Computation and setting stress testing parameters & testing (Liquidity, IRR, Forex risks, Capital Adequacy) and back-testing of the trading portfolio. Preparing the Contingency Funding Plan of the Bank and providing inputs to the Treasury in managing the Balance Sheet of the Bank. Part of the team and involved in formulate and review the Investment Policy, Trading Book Policy, Stress Testing Framework, Derivatives Policy.Measuring the Fixed Income Portfolio risk using risk measures like Duration, Convexity, Key Rate Duration, Spread Duration and other risk measures.Rating of all the Banks operational in India (Public & Private sector) on the CAMELS model and the foreign Banks on their world ranking and suggest the credit exposure limits of Bank of Maharashtra on these banks. Show less

• 

  Dena Bank

  Feb 2008 - Jul 2009

  Sr. Manager Credit & Market Risk

  Market Risk:• Liquidity Risk & Interest Rate Risk measurement & mitigation (ALM & Balance Sheet management). Mark to Market of proprietary investment exposures.• Ensure that early macroeconomic indicators are identified for management of balance sheet risk. Adjusting the Duration Gap within the approved limits. • Identifying, monitoring and managing all risk factors related to the proprietary investments in Fixed Income securities, Foreign Exchange dealings, Derivatives positions and Equity Risk.• Developing models for risk measurement for computation of Value at Risk and Stress testing (both Banking & Trading Book).• Establishing & monitoring limits for exposure for variables PV01, NOP, Duration and Beta and monitoring the exposures. • Financial Forecasting and Modeling of Company Financial & Balance Sheets. • Developing strategies to mitigate the risk in line with the sanctioned risk limits.• Complete understanding of all the treasury products.Credit Risk:• Assessing counterparty Risk of Banks and Corporate & SME customers by conducting risk review of inter-bank exposure & loan proposals. • Validating the Risk Rating of Corporate & SME loan proposals.• Assessing the Credit Risk for Corporate Bonds for the proprietary investment of the Bank. • Review the Bank-wide Risk exposure report to assess the loan & investment portfolio and adherence to the Bank’s Credit & Investment policy and regulatory compliance.• Implemented ICAAP and have knowledge of Economic Capital computation.• Policy, Procedures & Other responsibilities:• Drafting of the policies related to Market & Credit Risk .• Conducting the proceedings of management committee meetings as secretary of ALCO and ORC.• Handling External & Internal Audit and Central Bank annual inspection. • Work on IT related projects on Risk management to ensure a system is in place to identify and analyze all major risks of the Bank Show less

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  Ahli Bank S.A.O.G

  Jul 2009 - Jan 2012

  Manager Market, Operational Risk & Basel

  Market Risk:• Liquidity Risk & Interest Rate Risk measurement & mitigation (ALM & Balance Sheet management). Mark to Market of proprietary investment exposures.• Ensure that early macroeconomic indicators are identified for management of balance sheet risk. • Identifying, monitoring and managing all risk factors related to the proprietary investments in Fixed Income securities, Foreign Exchange dealings, Derivatives positions and Equity Risk.• Developing models for risk measurement for computation of Value at Risk and Stress testing (both Banking & Trading Book).• Financial Forecasting and Modeling of Company Financial & Balance Sheets. • Complete understanding of all the treasury products.Credit Risk:• Assessing counterparty Risk of Banks and Corporate & SME customers by conducting risk review of inter-bank exposure & loan proposals. • Validating the Risk Rating of Corporate & SME loan proposals.• Assessing the Credit Risk for Corporate Bonds for the proprietary investment of the Bank. • Review the Bank-wide Risk exposure report to assess the loan & investment portfolio and adherence to the Bank’s Credit & Investment policy and regulatory compliance.• Operational Risk:• Successfully completed the “Business Continuity Management” plan by conducting a full scope test in June 2011. • Managing the process of Operational Risk Self Assessment, monitoring the Key Risk Indicators (KRI), Loss Event Management, Integrated Reporting and Risk Mitigation Activities.• Basel II:• Capital Adequacy computation for the Bank and forecasting capital requirement based on budgeted growth in business.• Developing the framework for implementing the liquidity risk measures of Basel III.• Policy, Procedures & Other responsibilities:• Drafting of the policies related to Market & Operational Risk • Conducting the proceedings of management committee meetings as secretary of ALCO and ORC.• Show less

• 

  Oman Arab Bank

  Feb 2012 - now

  • Advisory role to the Board Risk Committee as well to the various Business/Control/Support Heads to ensure adherence to the Risk Management framework and align the decision making to the risk appetite.• Responsible for ensuring the Bank’s strategic objectives are aligned with Risk, by identifying, assessing, monitoring, measuring, and mitigating any potential risks that might affect the Bank’s business. • Ensuring optimum utilization of resources within the risk department and facilitating to attain departmental deliverables. Provide clear directions and tactical business oversight to ensure the goals are achieved while adhering to ethical and prudent business practice• Ensure adherence to legal guidelines and in-house policies to maintain the Bank’s legality, business ethics, and compliance Show less • Responsible for developing the Bank’s credit risk management framework, including establishing the risk management mechanisms, to identify, assess, monitor, measure and control a broad spectrum of risks and responsible for the development of clearly defined & updated policies & procedures for risk management.• Responsible for the timely review of credit facility applications and provide preapproval comments and sign off on credit proposals prior to submission to the credit chain.• Responsible for overall credit portfolio strategy, taking into account the Bank’s current and forecast risk appetite, market condition, business strategy and growth plans.• Assist the senior management to establish and communicate the organization’s ERM objectives and direction. • Owner of the Moody’s Risk Advisor Model for rating of corporate loans and developing the ratings both at borrower level & facility level for implementation of the advanced approaches of Basel II. • Review of the Risk exposure report to assess the loan portfolio for managing the credit risk to minimize the loss of income either through non-accruing loans or charge-offs and adherence to the Bank’s Credit policy and regulatory compliance.Basel II:• Responsible for developing the framework for implementation of the advanced approaches of capital computation under Basel II and implementation to the Basel III guidelines including regular progress reporting to senior managers.• Implemented the Standardized approach to Basel II (Pillar I) at Dena and Ahli Bank.• Capital Adequacy computation for the Bank and forecasting capital requirement based on budgeted growth in business.• Developed and implemented the ICAAP in accordance with the Pillar 2 requirement.• Designed stress testing scenarios, in liaison with diverse stakeholders, and implemented in Excel Show less

  • Chief Risk Officer (CRO)

    Jul 2020 - now

  • Head of Credit and Market Risk

    Feb 2012 - Jun 2020