Chief Risk Officer

Job ID: 340923000003637265  |  Industry: Banking  |  Posted Date: 06-01-2019

Our client is a reputed bank in the Middle East and is going a major transformation. They are seeking a Chief Risk Officer, who will be responsible for the formulation and implementation of an enterprise-wide, integrated risk management policy governing the adoption and management of risks at the Bank and ensure compliance with the view of maximizing risk adjusted returns in a sustainable manner.


Amongst his various responsibilities he would be

  • Responsible for assessing compliance to the risk appetite and risk limits set by the Board and reporting key risk and areas of non-compliance to the Board for corrective action as appropriate.
  • Risk review of Corporate Credit proposals to ensure acceptability of risks seeking approval above the threshold level set in the bank’s credit policy/lending authority.
  • Regular review of Retail portfolio and SME portfolio to assess risk quality and recommend risk mitigation measures, if warranted.
  • Risk assessment of key overseas exposures of the bank encompassing Country risks and Bank risks.
  • Risk assessment of overseas branches to ensure their acceptability and propose corrective actions, if warranted.
  • Review management of market and liquidity risks and provide inputs to ALCO and recommend suitable risk management measures as and when warranted.
  • Formulate, adopt and implement a robust operational risk management policy across the Bank aimed at minimizing and managing operational risk losses at the Bank.
  • Assess the security environment and take necessary steps to protect the interests of all stakeholders across both Physical and Information Technology dimensions.
  • Evaluate the banking systems, subsystems, delivery channels and communication channels to ensure that the stakeholders’ interests are adequately protected by addressing gaps, if any. 

The role is supported by a high calibre team of risk management professionals. The role offers an attractive tax-free compensation

Applications invited from candidates with experience in risk management including credit risk, market risk and operational risk across corporate banking, treasury and retail banking in banks with strong risk management systems in advanced financial markets. Candidates should have IT skills to evaluate, adopt and implement latest Risk Management Technologies



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