Head of Risk Management

Role ObjectiveThe role will be actively involved in communicating risk awareness and risk information to the management and staff of the bank. The area of responsibility encompasses various risks including Credit, Market, Operational, Interest rate, Liquidity, and Asset and Liability Management.

The job consists of managing the risk assets portfolios and the liaison between management, approving authorities and the various Group Risk Units.

JOB Responsibilities

• Turnaround credit proposals within stipulated time period.
• Support Group Head, Credit Risk in all credit risk matters, e.g. provide feedback on the bank credit portfolio performance, reporting requirements, etc
• Ensuring that the credit quality of the risk asset portfolio is maintained and that credit policies are kept current and in line with the strategic objectives set by the Executive Management.
• Manage periodic review processes of country limits, bank limits, large exposures, ECL computation, bond valuations etc as applicable for the branchii) Operational Risk - to facilitate the Bank's Operational Risk processes, including the annual ORSA process, weekly, monthly and quarterly management information, risk event reporting and business continuity planning.iii) Risk Management Information - to provide management with relevant, timely and accurate information relating to all aspects of financial risk, including credit portfolio risks, market, liquidity and operational risks.iv) Market Risk
• Review and update of market risk and ALM related policies.
• Monitoring risks as per limits set out in internal policies and statutory requirements.
• Monitoring and reporting to the Group Operational Risk Committee on operational risk incident/loss experience on entity, business line and event type basis.
• Risk Exposure Reports prepared on Monthly & Quarterly basis, for better Internal Controls.DFSA reports preparation on quarterly basis
• The incumbent must exercise due skill and diligence to ensure compliance with DFSA’s AML Module rules and regulations.