Chief Risk Officer

9 hours ago


Manama, Manama, Bahrain Arab Banking Corporation Full time
Key Responsibilities

The Head of Risk and Credit Support will be responsible for the governance, oversight, development, and management of a strong, independent, but commercially aware risk management function covering all classes of risk affecting the bank. This includes credit risk, market risk, operational risk, regulatory risk, conduct risk, and reputational risk.

The role will also involve 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 include discussing credit proposals with RMs and suggesting ways to mitigate risks, assessing the risks of new and existing relationships and providing crisp recommendations to the MD and Credit Committee (CC), ensuring timely and accurate risk reporting to Head Office, BRC, and the CBB, ensuring implementation of regular monitoring and compliance with covenants, approval conditions, and credit administration issues, being the point of contact with the auditors for risk-related matters, acting to resolve issues raised by Audit pertaining to the risk function within the Bank, liaising with Head Office Risk for implementation of new risk systems in the Bank, attending to changes in regulatory requirements, ensuring regular, efficient, and comprehensive risk forum meetings are conducted within the Bank, acting as Secretary to the Board Risk Committee of the Bank and answering queries raised by members of the Committee, fully responsible for conducting all BRC meetings including preparing BRC packs, minutes etc., on time, ensuring 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 a regular basis, ensuring 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, communicating the key elements of Group risk management framework to all employees including the first and second lines of defense, advising on how the framework is to be applied in relation to all types of risks, and overseeing testing of the employees' adherence to and understanding of the framework.



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