Risk Management Officer

• Review and assess risk management policies and procedures; makes recommendations and implements modifications and improvements.

• Perform the on-going monitoring and assessments of risks to enable the identification of top risks, potential new risks or emerging risks.

• Provide second line oversight to ensure the organization’s risk appetite, control framework and policies are clearly documented, communicated and adhered to.

• Monitor and assess operational risk exposures, events, business and IT incidents to ensure such cases are appropriately escalated.

• Support the business in development and implementation of appropriate risk controls to mitigate such incidents.

• Conduct regular risk and control self-assessment (RCSA) of different departments and units.

• Create and maintain appropriate key risk indicators (KRIs) and trigger limits to track the trends in risk exposures.

• Lead and conduct risk assessments, reviews or investigations of topics that may arise from time to time.

• Recommend and implement risk management solutions such as Business Continuity Plan, Funding Contingency Plan or recovery measures.

• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence.

• Provide recommendations tied to analysis and assessment of credit risk.

• Present analysis, findings, and recommendations, especially findings that involve a borrower’s ability to repay.

• Monitor market risk and liquidity risk limits for potential breaches or irregular activities

• Monitor compliance to market risk and liquidity risk management requirements and limits

• Identify and report the organization’s current and potential market and liquidity risks which may exceed the organization’s risk appetite.

• Conduct scenario analysis and stress testing.

• Ensure appropriate and insightful risk reporting including reporting to the Audit & Risk Committee.

• Draft and present risk reports and proposals to executive leadership and senior staff.

• Lead, contribute and/or deliver risk training and awareness initiatives as may be required.

• Perform other duties as directed.

• Bachelor’s degree in Finance, Economics, Accounting or related field required.

• 5-8 years of proven experience in Risk Management, mainly in Credit Risk.

• Proven experience in the Risk Management department of a bank or financial institution is a must.

• ​Proficiency in Risk Control Self-Assessment (RCSA).

• Certifications in Risk Management would be a plus.

• Thorough understanding of policies and best practices of risk management.

• Excellent verbal and written communication skills.

• Excellent mathematical and critical thinking skills.

• Proficient with Microsoft Office.

• Fluent in Arabic and English. French is a plus.

Expertise Recruitment