Vice President, Risk Management

  • USD 115,000 - 120,000 Plus Benefits
  • Dubai, United Arab Emirates
  • Permanent, Full time
  • Charterhouse
  • 18 Jan 18 2018-01-18

Charterhouse is working with one of our leading Banking clients who is looking to hire a Vice President of their Risk Management function within their regional operation for the GCC and Levant Markets (EMEA).

This role shall take responsibility for the support of all corporate governance related matters linking to credit, market and operational risk matters and the subsequent mitigation. In conjunction, this role shall play a project lead role within the development and roll out of new policies and procedures aligned to product diversification and growth across within their regional market coverage. In conjunction with the business line management and the global risk management department you shall oversee and ensure that effective risk management monitoring tools are in place to identify and monitor all areas of risk. Coupled with this undertaking the role shall act as a liaison about relevant departmental considerations, within the EMEA region, on the identification and implementation of all and any remediation plans and mitigation actions arising as required by the local management. The responsibilities shall also include risk assessment; involving the analysis of all credit, market and operational risk components whilst identifying, describing and estimating the risks affecting the local operation and regional businesses and markets. The position also has responsibility for preparing, coordinating and presenting a branch risk report, including the risk dashboard and other general risk related items within the monthly local management committee. In addition, the role entails the engagement with all relevant parties, locally and within the EMEA region, to identify changes in risk profile, understand key business processes, new products and services whilst ensuring the ongoing maintenance of the risk register as a data file of all identified risks. You will also span the oversight and management of all relevant local risk management documentation including the update of policies, guidelines and procedures in a timely manner to ensure ongoing appropriateness which in the case of the risk management policy. Combined with this you will ensure that risk management policies are kept under continuous review and enhanced where appropriate in line with the evolving best practice and regulation.

The successful candidate will actively promote a culture of strong risk management gained form working in an establishment of strong risk governance to ensure that all monitoring processes and regulatory developments are reporting to senior management on a timely basis. You should be expertly versed in the understanding of a risk management environment, both internationally and within the UAE, preferably under the DFSA regulatory body. You will also need to possess a strong ability to understand a diverse knowledge of risk across all areas of corporate banking including market, liquidity, credit and operational aspects whilst also being in a position to manage senior relationships and communication channels both internally and externally.