Chief Risk Officer

Negotiable

AA13

Array

Banking



Our client who is a digital bank based in UAE is looking to hire a Chief Risk Officer. The CRO is accountable for the day-to-day risk management in line with Board approved Enterprise Risk Management Framework and Risk Appetite statement whilst providing oversight to the Bank's systems and controls

Responsibilities:

- 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
- 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
- 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
- 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 Commit

Requirements:

- 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
- 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 Cyber and other technology risks with proven contributions to help CTOs mitigate them

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