Head of Risk and Credit Support

2 days ago

Manama, Bahrain Bank ABC Full time

Head of Risk and Credit Support - Bank ABC Islamic

Bank ABC seeks to recruit a Head of Risk and Credit Support in the Bank ABC Islamic Division based in our Head Office, in Bahrain.
The Head of Risk and Credit Support will be responsible for the below:

- The governance, oversight, development and management of:

- A strong, independent but commercially aware Risk Management function covering all classes of risk affecting the bank including, credit risk, market risk, operational risk, regulatory risk, conduct risk and reputational risk.
- Preserving high standards of risk assessment and appraisal, and manage controlled development of the Subsidiary's risk portfolio in line with the Risk Strategy set by the Board and ABC Group policies.
- Maintaining a proactive and professional approach to risk management and developing an enterprise-wide risk management culture across the bank to embed risk awareness, the three lines of defense model and procedural integrity.

In coordination with the Head Office Credit and Risk functions, this is a second line of defense role.

**Responsibilities of the role**:
Reporting to the ABC Islamic Managing Director, ABC Islamic Board Risk Committee & Bank ABC Group Chief Credit & Risk Officer, the job holder will be required to:

- Discusses credit proposals with RMs and suggest ways to mitigate risks.
- Assesses the risks of new and existing relationships and provide crisp recommendations to the MD and Credit Committee (CC).
- Ensures timely and accurate risk reporting to Head Office, BRC and the CBB.
- Ensures implementation of regular monitoring and compliance with covenants, approval conditions and credit administration issues.
- Be the point of contact with the auditors for risk-related matters.
- Acts to resolve issues raised by Audit pertaining to the risk function within the Bank.
- Liaises with Head Office Risk for implementation of new risk systems in the Bank.
- Attends to changes in regulatory requirements.
- Ensures regular, efficient and comprehensive risk forum meetings are conducted within the Bank.
- Act as Secretary to the Board Risk Committee of the Bank and answer queries raised by members of the Committee. Fully responsible for conducting all BRC meetings including preparing BRC packs, minutes etc, on time.
- Ensures that Bank ABC Islamic banking governance, policies and procedures are aligned with both Group guidance and local regulatory requirements and that they are kept up-to-date, effectively communicated and understood by all employees, and that adherence is tested and confirmed on regular basis.
- Ensures that Bank ABC Islamic risk appetite is set in line with Group guidance, Board direction and local regulatory requirements and that the risk appetite drives the strategy adopted by the Bank.
- Communicates the key elements of Group risk management framework to all employees including the first and second lines of defense, advises on how the framework is to be applied in relation to all types of risks and oversees testing of the employees' adherence to and understanding of the framework. This will build a culture of risk awareness so that potential risk issues, actual incidents and loss events are proactively identified, mitigated (where possible) and reported in a timely and transparent manner.

Key proponent of enterprise risk management, and thereby:

- Drives the identification, quantification, governance and management/mitigation of risks incurred by the business
- Advises line of business leaders and senior leadership on the evolution of the different risks incurred by the businesses
- Coordinates the activities of Group risk disciplines [e.g. operational risk, wholesale credit risk] in support of the wholesale bank
- Acting as a conduit between global risk management and local risk management
- Providing a focal point for issues escalation, both globally [functional] and locally [entity]
- Managing other pertinent risks viz. market risk and operational risk etc. through effective risk management/credit risk policies, processes and strong end to end debt management model covering origination, assessment/approval, limit settings, disbursements/monitoring, post lending/monitoring control and mitigation. Work with all appropriate members of management team to control strategic, credit, market, liquidity, operational and compliance-related (regulatory) risks.
- Confirms the appropriateness of limits frameworks and related controls.
- Act independently from the 1st line of defense to identify and escalate issues and concerns to recommend amendments to policies, procedures, practices, etc. or the cessation of activities, businesses which lie outside of risk appetite.
- Tracks and oversees investigations and remediation of limit/cap excesses, focusing on root cause analysis and sharing across the group key learnings.
- Drives improvements in the quality of risk management information presented to local and Group Committees to strengthen decision-making:

  • Head of risk and credit support

    5 days ago

    Manama, Manama, Bahrain Arab Banking Corporation Full time

    Head of Risk and Credit Support - Bank ABC Islamic Bank ABC seeks to recruit a Head of Risk and Credit Support in the Bank ABC Islamic Division based in our Head Office, in Bahrain. The Head of Risk and Credit Support will be responsible for the below: The governance, oversight, development and management of: A strong, independent but commercially aware Risk...

  • Head of risk and credit support

    3 weeks ago

    Manama, Manama, Bahrain Bank ABC Full time

    Thanks for visiting our Career Page. Please review our open positions and apply to the positions that match your qualifications. Head of Risk and Credit Support - Bank ABC Islamic Bank ABC seeks to recruit a Head of Risk and Credit Support in the Bank ABC Islamic Division based in our Head Office, in Bahrain. The Head of Risk and Credit Support will be...

  • Credit Support Associate

    6 days ago

    Manama, Manama, Bahrain RESO Full time

    RESO is seeking a talented Credit Support Associate to join its team in the Head Office Credit Department. This role will provide critical support for GCC CAF processing and pre-GCC meetings, ensuring timely circulation of Credit Application Forms and effective management of committee diaries.The successful candidate will be responsible for monitoring and...

  • Credit support officer

    6 days ago

    Manama, Manama, Bahrain Bank ABC Islamic Full time

    Bank ABC seeks to recruit a Credit Support Officer in the Head Office Credit Department based in our Head Office, in Bahrain. The Credit Support Officer will be a second line of defense. The role will mainly comprise the following categories: Credit Support Credit Reporting & MIPortfolio Activity Risk-related project management Developmental Responsibilities...

  • Assistant risk manager

    3 weeks ago

    Manama, Manama, Bahrain Bank ABC Islamic Full time

    Bank ABC seeks to recruit an Assistant Risk Manager in Bank ABC Islamic based in our Head Office, in Bahrain. The Assistant Risk Manager will be responsible to assist the Head of Risk & Credit Support to perform the role of the second line of defense through the governance, oversight, development, and management of: A strong, independent but commercially...

  • Senior Credit Risk Manager

    2 hours ago

    Manama, Manama, Bahrain Mackenzie Jones Full time

    Company OverviewMackenzie Jones is a leading corporate bank with a strong presence across the region. We are committed to delivering exceptional financial services and fostering a culture of excellence.Job DescriptionWe are seeking a highly skilled Senior Credit Officer to join our Bahrain business. The successful candidate will be responsible for approving...

  • Credit Portfolio Specialist

    21 hours ago

    Manama, Manama, Bahrain Bank ABC Full time

    As a Credit Support Officer at Bank ABC, you will play a critical role in supporting the effective management of credit risks.About the RoleThis role is part of the Head Office Credit Department based in our Head Office in Bahrain.Key responsibilities include providing timely and accurate credit reporting and MI, supporting portfolio reviews and credit...

  • Credit Risk Manager

    7 days ago

    Manama, Manama, Bahrain Mackenzie Jones Full time

    Job DescriptionMackenzie Jones is seeking a Senior Credit Officer to join their team in Bahrain. The successful candidate will be responsible for approving credit applications, transactions, and exceptions within their delegated authority.Main Responsibilities:Approval of credit applications and transactions in accordance with the bank's credit policies and...

  • Group Credit Officer

    2 weeks ago

    Manama, Bahrain Arab Banking Corporation Full time

    Department: Head Office Credit Location (Country): Bahrain Reports To: Group Credit Head of Wholesale Banking **Job Purpose**: - **Credit assessment**: Supporting, promoting, monitoring, and controlling, on an independent and ongoing basis, the Bank’s pursuit of good quality loan and other risk assets within the Corporate Credit portfolio. - The Credit...

  • Risk Management Associate

    21 hours ago

    Manama, Manama, Bahrain Bank ABC Full time

    Bank ABC seeks to recruit a Credit Support Officer in the Head Office Credit Department based in our Head Office, in Bahrain.About UsWe are a leading financial institution committed to delivering exceptional customer experiences and driving growth through innovation.Job DescriptionThe role of a Credit Support Officer is crucial in ensuring the effective...

  • Compliance and Risk Officer

    16 hours ago

    Manama, Manama, Bahrain Bank ABC Full time

    Job Summary:We are seeking an experienced Assistant Risk Manager to join our team at Bank ABC. The successful candidate will be responsible for assisting the Head of Risk & Credit Support in performing the second line of defense through governance, oversight, development, and management of risk functions.Key Responsibilities:The job holder will be...

  • Retail Credit Manager

    2 days ago

    Manama, Bahrain Bank ABC Full time

    Retail Credit Manager Bank ABC seeks to recruit a Retail Credit Manager in the Group Retail Department based in our Head Office in Bahrain. The Retail Credit Manager will be responsible to support the business units to grow retail credit portfolios by: - Assisting in developing the MIS needed for monitoring the performance of the retail credit...

  • Risk Management Specialist

    16 hours ago

    Manama, Manama, Bahrain Bank ABC Full time

    Company Overview:Bank ABC is a leading financial institution in the region, committed to delivering high-quality services to its customers. We are seeking an experienced Assistant Risk Manager to join our team.Job Description:The successful candidate will be responsible for assisting the Head of Risk & Credit Support in performing the second line of defense...

  • Retail credit manager

    3 weeks ago

    Manama, Manama, Bahrain Bank ABC Islamic Full time

    Thanks for visiting our Career Page. Please review our open positions and apply to the positions that match your qualifications. Bank ABC seeks to recruit a Retail Credit Manager in the Group Retail Department based in our Head Office in Bahrain. The Retail Credit Manager will be responsible for supporting the business units to grow retail credit portfolios...

  • Chief Risk Officer

    5 days ago

    Manama, Manama, Bahrain Arab Banking Corporation Full time

    Job Summary:Arab Banking Corporation is seeking a seasoned Chief Risk Officer to join our team. The ideal candidate will have over 15 years of experience in banking, with a majority of that time spent in risk management roles.About the Role:Demonstrate a deep understanding of credit and risk fundamentals, as well as the Group's risk culture.Lead the...

  • Corporate Banking Specialist

    2 days ago

    Manama, Manama, Bahrain Mackenzie Jones Full time

    Mackenzie Jones is a leading recruitment agency with a strong presence in the region.About Our ClientOur client is a large, established corporate bank with a significant market share across the region. They are currently seeking a Bahraini or KSA National to join their team as a Senior Credit Officer in their Bahrain business unit.Job DescriptionThe...

  • Retail credit manager

    3 weeks ago

    Manama, Manama, Bahrain Arab Banking Corporation Full time

    Retail Credit Manager Arab Banking Corporation Manama, Bahrain Bank ABC seeks to recruit a Retail Credit Manager in the Group Retail Department based in our Head Office, in Bahrain. The Retail Credit Manager will be responsible to support the business units to grow retail credit portfolios by: Assisting in developing the MIS needed for monitoring the...

  • Retail Credit Manager

    2 weeks ago

    Manama, Bahrain Talent Pal Full time

    Retail Credit Manager Bank ABC seeks to recruit a Retail Credit Manager in the Group Retail Department based in our Head Office in Bahrain. The Retail Credit Manager will be responsible to support the business units to grow retail credit portfolios by: - Assisting in developing the MIS needed for monitoring the performance of the retail credit...

  • Risk and Credit Expert Leader

    5 days ago

    Manama, Manama, Bahrain Bank ABC Full time

    About the RoleWe are seeking an experienced Risk and Credit Expert to lead our risk management function at Bank ABC Islamic Division.

  • Banking Risk Professional

    16 hours ago

    Manama, Manama, Bahrain Bank ABC Full time

    About Us:Bank ABC is a leading financial institution in the region, committed to delivering high-quality services to its customers. We are seeking an experienced Assistant Risk Manager to join our team.Job Requirements:The job holder will be responsible for:Assisting the Head of Risk & Credit Support in performing the second line of defense through...