WE ARE SEEKING A HIGHLY QUALIFIED CANDIDATE FOR THE POSITION OF HEAD OF ENTERPRISE RISK MANAGEMENT
Qualifications: Academic Background: A bachelor’s degree in finance, economics, business, or a related field is required. An advanced degree (e.g., MBA, MS) or professional certification (e.g., FRM, PRM, CFA) is highly preferred.
Experience Requirements: Extensive experience in enterprise risk management within the banking or financial services industry, ideally with 10+ years of experience. Specialized expertise in portfolio analytics, market risk, liquidity risk, operational risk, ICAAP, IFRS 9, and stress testing is essential.
MANAGEMENT AT Al Baraka
- Formulate and execute the Enterprise Risk Management Framework for the bank, ensuring compliance with regulatory requirements and industry best practices.
- Lead the development and upkeep of risk models and methodologies for portfolio analytics, market risk, liquidity risk, operational risk, ICAAP, IFRS 9, and stress testing.
- Provide strategic guidance and oversight on risk appetite, limits, and tolerances, aligning them with the bank’s business objectives and regulatory standards.
- Collaborate with senior management, business units, and stakeholders to enhance the understanding of risk exposures and facilitate risk-informed decision-making.
- Supervise the implementation and improvement of risk reporting and monitoring systems, ensuring timely and accurate provision of risk information to the CRO, Group, and Board Risk Committee.
- Manage a team of risk professionals, offering leadership, mentorship, and development opportunities to foster a high-performing and engaged risk management function.
- In-depth knowledge of regulatory requirements, industry standards, and best practices related to enterprise risk management, capital planning, and stress testing.
- Strong understanding of banking operations, business dynamics, regulations, and risk management.
Interested candidates are invited to apply at before the deadline on January 10, 2024.
Joining our organization as the Head of Enterprise Risk Management offers a unique and rewarding opportunity for seasoned professionals in the banking and financial services sector. Here are compelling reasons to consider joining us:
- Strategic Impact: As the Head of Enterprise Risk Management, you will play a pivotal role in shaping and implementing the Enterprise Risk Management Framework for the bank. Your strategic insights will directly influence decision-making processes and contribute to the overall success of the organization.
- Leadership and Development: You will lead a team of dedicated risk professionals, providing leadership, mentorship, and development opportunities. This role allows you to make a significant impact on the growth and success of your team, fostering a high-performing and engaged risk management function.
- Cutting-Edge Challenges: With a focus on portfolio analytics, market risk, liquidity risk, operational risk, ICAAP, IFRS 9, and stress testing, you will be at the forefront of addressing complex challenges in the dynamic landscape of enterprise risk management. This role offers the opportunity to stay at the cutting edge of industry developments.
- Alignment with Best Practices: Joining us means working in an environment committed to aligning with regulatory requirements and industry best practices. You will have the chance to contribute to the continuous improvement of risk management processes and ensure compliance with the highest standards.
- Collaboration and Influence: Collaboration is a cornerstone of our approach. You will collaborate with senior management, business units, and stakeholders to ensure a comprehensive understanding of risk exposures and to drive risk-aware decision-making. Your influence will extend across the organization.
- Focus on Professional Growth: We value continuous learning and development. Whether through formal training programs or on-the-job experiences, you will have opportunities to enhance your skills, expand your knowledge, and further your career.
- Positive Work Environment: Our workplace is characterized by a positive and inclusive culture. We prioritize teamwork, diversity, and a supportive atmosphere that encourages innovation and excellence.
- Contribution to Industry: By joining us, you become part of an organization that actively contributes to the financial services industry. Your work will not only benefit our institution but also contribute to the broader landscape of risk management practices.
To apply for the position of Head of Enterprise Risk Management, please follow the application process outlined below:
- Visit the Careers Page: Go to our official careers page .
- Job Listings: Look for the job listing related to the Head of Enterprise Risk Management position. You may find it under the Risk Management or Leadership category.
- Read the Job Description: Carefully read through the job description to ensure that your qualifications and experience align with the requirements for the position.
- Prepare Your Application: Prepare a comprehensive application that includes your resume or curriculum vitae (CV), a cover letter highlighting your relevant experience and skills, and any other documents requested in the job posting.
- Online Application: Complete the online application form on the careers portal. This may include providing personal information, education history, work experience, and uploading your prepared documents.
- Submission Deadline: Be mindful of the application deadline. Ensure that you submit your application before the specified closing date, which, in this case, is mentioned as January 10, 2024.
- Confirmation: Upon successful submission, you may receive a confirmation email or notification acknowledging receipt of your application. Keep an eye on your email for further updates.
- Follow-Up: If there is no automated confirmation, consider reaching
If you are a seasoned professional seeking a challenging and rewarding role with the opportunity to make a significant impact, we encourage you to explore the possibilities of joining our team. We look forward to welcoming individuals who are passionate about enterprise risk management and eager to contribute to our continued success.