Head – Risk Architecture

Job Purpose: 

To develop reputational risk policies, strategic risk policies for ADCB Group

To maintain oversight of credit risk management in Non-UAE subsidiaries.

To develop , implement and manage risk management methodologies

To own the integration of data sources and systems for model risk management.

ACCOUNTABILITIES : 

1) Strategic risk, reputation risk, and other Pillar 2 risks : 

Formalize management of strategic risk and reputation risk (including other Pillar 2 risks) through establishment of separate policies, rationalizing assessment procedures based on operational capability and help establish monitoring mechanism.

2) Data Management Framework : 

Establish data management framework in line with CBUAE regulations. Maintain the required data on a monthly basis establishing adequate back-ups

3) Overseas subsidiaries : 

Maintain oversight of credit risk management in Non-UAE subsidiaries.

Liaise with subsidiaries to ensure policy alignment (while catering to local requirements), periodic portfolio monitoring, appropriate communication by subsidiaries of their issues to Head Office and maintenance and management of portfolio quality is undertaken within Head Office expectations.

4) Regulators and external stakeholders like AECB, Auditors etc

Ensure data submission with predefined frequency in a timely manner to all regulatory / external bodies.

Assess UAE regulations; implement requirements; and respond to inquiries to assure stakeholders that the bank  is compliant with all statutory and regulatory requirements 

For DMF, ESG and other Pillar 2 risks, present and defend policies, procedures, standards, monitoring reports and risk controls to prove compliance

5) Credit risk systems implementation / enhancement

Implement/ enhance/ manage credit risk management systems in the Bank ensuring they are kept contemporary with business, industry and regulatory requirements.

Support implementation of new systems by other units in the Bank ensuring credit risk perspective are adequately incorporated in the same.

Liaise with IT and other business support and business units to ensure system changes / implementation from credit risk perspective is undertaken and completed on a timely basis (change initiation, SOW, BRD, UAT, sign-off etc.)

6) Risk Appetite for Strategic, reputation risks:

Synchronize risk appetite with new policies to measure performance against approved benchmarks.

 7) RAROC and other risk analytics: 

Design, run and maintain RAROC and other dashboards for ensuring maintenance and use of best practices, industry benchmarks, credit policy compliance and portfolio quality standards.

8) People Management: 

Manage self and team in line with ADCB’s people management policies, procedures, processes and practices to ensure adherence and to maximize own and employee contribution to business performance

Manage the effective achievement of the team’s objectives through setting individual objectives, managing performance, developing the team and providing formal and informal feedback to maximize overall performance, engagement and motivation

9) Budget Management:

Contribute to the preparation of the business area’s budget and manage and monitor the financial performance against the budget so that areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalized upon

10) Policies, Processes, Systems and Procedures: 

Recommend and implement improvements to departmental policies, procedures and processes covering all areas of activity so that all relevant procedural requirements are fulfilled while ensuring that ADCB delivers best-in-class services, products and innovation

11) Continuous Improvement:

Identify opportunities to contribute to organizational and departmental change initiatives, programmes and

projects taking into account best practice and standards in the business environment

12) Customer Service:

Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions

EXPERIENCE, QUALIFICATIONS & COMPETENCIES

Minimum Experience : At least 15 years of experience in Risk Management in large bank / consulting firms with hands-on roles in Risk  management (credit, country, market and operational risk), product risk management, policy writing, Basel implementation and IFRS 9 implementation

Minimum Qualifications : Master’s Degree in Business or Finance

Any ESG qualifications will be a plus

Knowledge and Skills: 

Enterprise risk management – Credit, Country, Market,

Regulatory and Compliance knowledge

Accounting Concepts and Standards including IFRS 9

Quantitative techniques (industrial statistics, econometrics or management sciences)

Credit setting, portfolio analysis and management

Microsoft Office (Word; Excel and PowerPoint)

Research and presentation skills 

Training design and facilitation