Strategic Risk and Credit Leader
6 days ago
Company Overview:
Arab Banking Corporation seeks to recruit a skilled professional for the position of Strategic Risk and Credit Leader in our Islamic Division based in Bahrain.
Key Responsibilities:
- Develop and implement an effective risk management framework that covers all classes of risk affecting the bank, including credit risk, market risk, operational risk, regulatory risk, conduct risk, and reputational risk.
- Preserve high standards of risk assessment and appraisal, and manage the development of the subsidiary's risk portfolio in line with the risk strategy set by the Board and Group policies.
- Maintain a proactive and professional approach to risk management, developing an enterprise-wide risk management culture across the bank to embed risk awareness, the three lines of defense model, and procedural integrity.
- Collaborate with the Head Office Credit and Risk functions to ensure timely and accurate risk reporting, compliance with covenants, approval conditions, and credit administration issues.
- Be the point of contact with auditors for risk-related matters, resolving issues raised by Audit pertaining to the risk function within the Bank.
- Liaise with Head Office Risk for the implementation of new risk systems in the Bank, ensuring consistency in credit approach.
- Attend to changes in regulatory requirements, ensuring regular, efficient, and comprehensive risk forum meetings are conducted within the Bank.
- Act as Secretary to the Board Risk Committee of the Bank, answering queries raised by members of the Committee.
Requirements:
- More than 15 years of experience in banking, with a majority in risk areas.
- A Master's degree in Business Administration/Finance or other related disciplines.
- Professional risk qualification.
- Deep understanding of credit and risk fundamentals, the Group's risk culture, and Corporate Governance.
- Awareness of the Central Bank of Bahrain Rulebook, particularly credit and risk modules.
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