Company Description

Join the UAE\'s largest bank and one of the world\'s largest and safest financial institutions. Our focus is to create value for our employees, customers, shareholders and communities to grow through differentiation, agility and innovation. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry.



JOB PURPOSE:

We are seeking a highly motivated, technically strong, and talented UAE National to join our organization as the Vice President of Non-Financial Risk.

This position is part of our commitment to the development and grooming of local talent for leadership functional roles within the Non-Financial Risk (NFR) domain of Group Risk Management.

The successful candidate will be placed and in various NFR teams/units on a rotation over 3 years, where they will gain exposure to different aspects of non-financial risk management, develop their skills, gain experience, and prepare for a functional leadership role within the group risk organization.

KEY ACCOUNTABILITIES: * Rotation through NFR Teams: The position holder will participate in a rotation program, working in various NFR teams such as operational risk, fraud risk, data governance, information security, enterprise risk and model risk. This rotation will provide a comprehensive and rounded understanding of non-financial risk management.

• Risk Assessment and Analysis: Collaborate with NFR teams to identify, assess, and analyse non-financial risks within the organization. Conduct risk assessments, root cause analysis, and recommend risk mitigation strategies.
• Policy and Framework Development: Assist in the development and enhancement of non-financial risk policies, procedures, and frameworks. Stay up to date with industry best practices and regulatory requirements.
• Monitoring and Reporting: Monitor and report on key non-financial risk indicators and metrics to senior management and the board of directors. Prepare regular risk reports and provide insights into risk trends and emerging issues.
• Regulatory and Audit Engagement: Act as the primary point of contact for regulatory and audit engagements related to non-financial risk. Coordinate responses to inquiries and findings, ensuring compliance with regulatory requirements and best practices.
• Training and Development: Participate in training and development programs to build expertise in non-financial risk management. Mentor junior team members and provide guidance on risk-related matters.
• Stakeholder Engagement: Collaborate with internal stakeholders across the organization to promote a strong risk culture and facilitate risk awareness. Engage with external stakeholders, regulators, and industry peers as needed.
• Leadership Preparation: As part of the career development plan, the job holder will receive mentorship and coaching to prepare for future functional leadership roles within the organization.
• Strategic Contribution: Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
• Continuous Improvement: Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
• Reporting: Ensure that the function prepares reports timely and accurately meeting FAB requirements, policies, and quality standards.

Qualifications

Minimum Qualification

• A bachelor\'s degree in quantitative field (computer science, engineering, mathematics, statistics, economics) or similar field.
• A relevant master\'s degree is preferred.

• Relevant professional certifications e.g., CFA, FRM, etc. are preferred.

Minimum Experience

• 7+ years of experience in risk management within the banking, financial services, or consulting industry.
• 3+ years of leadership experience managing people is preferred.
• 3+ years of experience in change management project lead/execution.
• Experience in risk technology/systems

Competencies

• Strong analytical skills and the ability to think critically and strategically.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a team and collaborate across departments.
• Proficiency in Microsoft Office Suite and risk management software/tools.
• Knowledge of local and international regulatory requirements related to non-financial risk is a plus.
• Strong commitment to learning and professional growth.

First Abu Dhabi Bank