The Economic Cooperation Organization Trade & Development Bank (ECO Bank), headquartered in Istanbul-Turkey, is looking for Risk Management Department Head.

Candidates must have:

• Proficiency in both written and spoken English.
• At least 4 years Academic background /university degree in Finance/ Accounting/ Business Administration/ Economics/ Mathematics and preferably Master Degree in these fields.
• Minimum 13 years of experience gained in a large commercial/investment bank preferably in a multilateral development bank in areas of risk management, credit and financial analysis and modeling, project finance and financial institutions.
• Completion of military service for male candidates. 

General responsibilities of the Risk Management Department Head are:

• Conducts sector, country and operation risk assessment.
• Formulates guidelines for evaluating and dealing with clients from a risk perspective.
• Evaluates and appraises transaction proposals from a risk perspective.
• Sets up and monitors risk exposure parameters across countries and sectors as appropriate.
• Sets up an appropriate risk rating system.
• Formulates and implements the provisioning policy, and monitors the assignment of provisions.
• Periodically reviews the risky assets of the Bank, classifies them, and determines required provisions.
• Evaluates country and operation risk for each operation, and determines combined risk margin bracket in conformity with the Bank’s pricing policy, and recommends to the Credit Committee the approval/rejection of proposed operation.
• Monitors risk in Treasury activities.