Chief Risk and Compliance Officer

2 weeks ago


Manama, Manama, Bahrain Bank ABC Full time

The role of Chief Risk and Compliance Officer - Retail Banking is a critical one in ensuring the bank's risk management, control, and governance processes align with industry standards. The successful candidate will be responsible for planning and executing audits and reviews to provide senior management with independent, objective feedback on the control framework's design adequacy and operating effectiveness.

Key Responsibilities
  • Perform risk assessments and audit planning to ensure compliance with local regulatory requirements across various risk domains.
  • Collaborate with peers to ensure the proper assessment of risks related to intragroup outsourcing.
  • Monitor Group Policies, Standards, and stay updated on regulatory developments and emerging risks such as cybersecurity and fraud.

The ideal candidate will have at least 10 years' Internal Audit experience within the Banking / Financial Services industry, preferably with retail & digital banking products and services. A Bachelor's degree in finance, economics, accounting, banking, auditing, management, or related subjects is required, along with professional certification such as CIA or working towards this. Strong knowledge of banking, corporate governance, and the 3 lines model is essential, as well as excellent spoken and written English language skills.

Requirements:

  • At least 10 years' Internal Audit experience within the Banking / Financial Services industry
  • Bachelor's degree in finance, economics, accounting, banking, auditing, management, or related subjects
  • Professional certification such as CIA or working towards this
  • Strong knowledge of banking, corporate governance, and the 3 lines model
  • Excellent spoken and written English language skills


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