Enable job alerts via email!
A leading financial institution in Fujairah is seeking a Senior Manager for Enterprise Risk Frameworks & Policies. The successful candidate will lead the development of risk frameworks, ensuring compliance with regulations, and manage risk-related governance. Candidates should possess a Bachelor’s degree in Risk Management, a minimum of 10 years banking experience, and strong leadership skills. This role focuses on strategic risk management to align with corporate governance requirements.
Senior Manager - Enterprise Risk Frameworks & Policies By continuing to use and navigate this website, you are agreeing to the use of cookies.
Press Tab to Move to Skip to Content Link
To lead the development and implementation of the Bank’s Risk frameworks and policies ensuring alignment with CBUAE, SCA and corporate governance requirements. The individual will also be responsible for the product governance and providing support to the Head of ERM in managing the CRO’s office. As part of the Bank’s 2nd Line of Defence, the role will also play a pivotal part in driving a culture of best practice risk management with consideration to the balance of risk appetite, commerciality, corporate governance and regulatory requirements.
Frameworks and Policies
• Lead the review of risk frameworks, policies, and guidance/procedure documents to ensure alignment with the Enterprise Risk Management Framework (ERMF), internal control requirements and CBUAE and corporate governance requirements.
• Support the Head of ERM in the review of the ERMF, Risk Management Strategy (RMS) and Risk Appetite Statement (RAS).
• Lead and coordinate the annual review and update of all Board approved frameworks, policies and Committee charters.
• Coordination of new or updated risk management requirements from the CBUAE, SCA, and other regulatory authorities.
• Support the development and maintenance of the Bank’s regulatory control map.
• Effectively participate and contribute to risk governance committees.
Product Governance
• Review of new and materially changed products to ensure they align with CBUAE regulatory requirements and the associated product risks are within approved parameters/limits.
• Secretary to Product Governance Committee
CRO office
• Foster a culture of awareness and accountability for the management of risks and controls throughout the bank ensuring a sound risk culture and alignment with 3LOD operating model.
• Support the Head of ERM in day-to-day managing of the CRO’s office
• Support the review and update of the Risk Management Department strategy as part of the wider Bank strategy annual review.
• Support the implementation and delivery of the department’s strategic initiatives and activities
• Ad hoc tasks and projects as required to support the CRO’s office.
This is a new role, and as such the role holder will need to develop and implement some of the required processes related to the responsibilities.
The role holder will also need to have an ability to read, digest and comprehend regulatory and corporate governance requirements and have exceptional organisational, analytical and documentation skills.
Qualifications
• Bachelor’s degree in a business or quantitative discipline (Statistics or Mathematics)
• Certified FRM from Global Association of Risk Professionals, USA
• Additionally, CA / CPA / CFA or Banking Diploma will be preferable
Work Experience
• Minimum 10 years of Banking experience with 5 years in management position in a large multinational or regional bank with significant risk related experience.
• Sound knowledge in all areas of banking and regulation.
• Expertise in Enterprise Risk with strong experience across other risk types – credit/market and Liquidity – and regulation including Basel.
• Experience in leading Enterprise Risk Management Programs
Personal Requirements
• Strong Problem-Solving skills
• Strong Numerical skills
• Structured and logical approach
• Excellent attention to detail
• Excellent written and verbal communication
• Ability to clearly explain technical matters
• Pro-active and motivated approach
2019 National Bank of Fujairah