Job Description

Reporting and Communication Responsibilities RESPONSIBILITIES:

• Responsibilities Related to Business and Strategy
• Guide the Board and Senior Management in the execution of their risk management responsibilities
• Provide a risk-focused viewpoint to strategic planning and other activities of the Board and Senior Management
• Analyze and report on risk related trends that may impact the Bank's business
• Notify the Board, and provide challenge on, any business strategy or plans that are outside the Bank's risk appetite Responsibilities Related to Risk Assessment, Management and Control
• Review the Enterprise Risk Management Framework, policies, and procedures at least annually
• Assess capacity and capability of the Bank's systems and controls
• Provide guidance to improve systems, policies, processes and management tools as needed
• Review and challenge new products from a risk perspective
• Provide risk advice and information in relation to the Bank's Remuneration Policy
• Ensure that the risk function is appropriately resourced Responsibilities Related to Risk Analysis
• Develop and maintain the Risk register
• Responsible for formulation/review, in consultation with the CEO, of the Enterprise Risk Management Framework, Risk Appetite Statement, Credit Risk Policy, Operational Risk Policy, Model Risk Policy, and Cybersecurity Risk Policy.
• Develop the ICAAP and ILAAP in consultation with the CEO and CFO
• Leading the response on regulatory queries vis-a-vis the Risk Management Framework
• Administration of RCSA as per Operational Risk Policy definition
• Ensure that risk related models and methodologies are appropriate for bank's use and are reviewed and validated on a periodic basis
• Capital and liquidity stress testing
• Ensure that the data used by the Bank to assess its risks are fit for purpose

Reporting and Communication Responsibilities

• Ensure accuracy and completeness of risk reports and their submission
• Report to the Board Risk Committee on risk exposures relative to its risk appetite and ensure the adequacy of risk information, analysis and training provided to members of the Board
• Escalate where appropriate key risk concerns directly to the Chairman of the Board Risk Committee
• Member of EXCO, ALCO, Chair of Credit Committee and Risk and Compliance Committee. Also, invitee to the Audit Risk and Compliance Committee, and Board Credit Committee.
• Prepare, review and put up to EXCO and Risk Committees all MI pertaining to Risk Rating Dashboard

KNOWLEDGE, SKILLS AND EXPERIENCE:

• Financial Services/Banking experience
• 15+ years of experience in Corporate Credit Risk
• Supply Chain Finance is a plus
• Interested in FinTech (experience in the sector is a plus)
• Proven experience in risk management and leading risk functions within a banking environment.
• Strong awareness and understanding of the wider business, economic and regulatory environment in Banking and Payments

Technical knowledge and management skills

• Ability to work effectively at an executive level and create strong credibility and confidence with the Board and wider team
• Experience in the development and maintenance of risk management frameworks and standards.
• Extensive knowledge of risk systems and controls that can deliver a robust level of monitoring and oversight to ensure the firm remains within its risk appetite.
• Working knowledge of credit portfolio management and credit modelling with proven contribution to product and commercial business executives to ensure risk appetites are aligned to commercial outcomes.
• Working knowledge and proven contribution to the ICAAP and ILAAP along with proven contributions to assist CFOs mitigate capital and liquidity risks.
• Working knowledge of Cyber and other technology risks with proven contributions to help CTOs mitigate them

Job Types: Full-time, Permanent Pay: AED20,000.00 - AED65,000.00 per month Ability to commute/relocate:

• Abu Dhabi: Reliably commute or planning to relocate before starting work (Required)