Risk Manager

Job description / Role

• Building a diversified credit portfolio with a high percentage of Investment rated quality accounts.
• To assume risks which are acceptable in the context of risk provisions and current and future expected earnings for the Bank.
• Develop a risk culture and awareness across the Bank in recognizing early warning signals of credit deterioration and the ability to initiate timely strategic initiatives to protect and enhance the earnings of the Bank.
• To restrict the growth of non-performing assets by active continuous negotiation and restructuring of facilities where justified.
• To aid all functionaries of the Bank in carrying out their roles and responsibility in the credit delivery process as per the objectives and guidelines of the Bank as enumerated in this policy.
• Identifies specific events, situations, and environments relevant to the Branch’s objectives and the Branch’s applicable risks and opportunities.
• To be responsible for the information security Department.
• To be responsible about the Branch Achieve management.
• Develops a risk mitigation strategy appropriate to the exposure through balancing the mitigation costs and benefits.
• He must also on a regular basis review policies and procedures in order to reflect:
• Regulatory Changes and Requirements.
• Head Office requirements.
• Market conditions in KSA and GCC.
• Best practice.
• Changes in credit risk, origination and management.
• The Evolving business of the Branch.

Requirements

• Bachelor's degree in finance or relevant filed.
• At least 5 years of working experience with risk management in the following areas:
• Market risk, Liquidity Risk, and Operational risk.
• Good Knowledge of the banking business.
• Proficiency in speaking, writing & reading English
• Good communication skills.

About the Company

Through its continuous endeavor and stable development, Industrial and commercial bank of China (the Bank) has developed into the top large listed bank in the world, possessing an excellent customer base, a diversified business structure, strong innovation capabilities and market competitiveness. The Bank has its presence in six continents, and its overseas network has expanded to 47 countries and regions.The Bank provides comprehensive financial products and services to 6,271 thousand corporate customers and 567 million personal customers by virtue of the distribution channels consisting of 16,092 domestic institutions, 426 overseas institutions and 1,545 correspondent banks worldwide, as well as through its E-banking network comprising a range of Internet and telephone banking services and self-service banking centers, forming a diversified and internationalized operating structure focusing on commercial banking business and maintaining a leading position in the domestic market in the commercial banking sector. In 2018, ICBC ranked the 1st place among the Top 1000 World Banks by The Banker, ranked 1st place in the Global 2000 listed by Forbes for the sixth consecutive year, and took the 1st place among the Top 500 Banking Brands of Brand Finance for the third consecutive year.

ICBC pays great attention to business expansion in Middle East. It is the earliest Chinese bank to set up business institution in the area and also the Chinese bank with the largest number of institutions and the biggest business size in Middle East so far. Riyadh Branch is ICBC’s fifth branch in Middle East after Dubai, Abu Dhabi, Doha and Kuwait.