JOB DESCRIPTION / ROLE
The Company:
Our client is a leading wholesale bank in Bahrain. They provide services in treasury, trade finance and loans.
They are currently looking for a Risk Manager
Duties & Responsibilities
• Oversee Operational Risk system (Risk Nucleus), follow up for resolution of Incident-reports and recommend Remedial actions where appropriate, as per RMD Policies.
• Monitor / Prepare Market Risk reports as per RMD Policies / CBB guidelines
• Monitor Risk-Limit breaches, for reporting as required.
• Prepare quarterly ICAAP reports (including stress testing) as per RMD Policies / CBB guidelines
• Prepare monthly summary / quarterly Basel-3 reports for CBB.
• Handle Basel II Pillar 3 requirements in coordination with the Financial Controls Department
• Monitor/ report on Liquidity risk as per RMD Policies / CBB guidelines.
• Monitor/ report on Interest Rate risk as per RMD Policies / CBB guidelines.
• Review / provide accurate data-inputs for IFRS-9 ECL calculations
• Implement and monitor adherence to Risk Management procedures and policy.
• Support oversight of Credit Applications to ensure adherence to Credit policy.
• Advise / support other core departments, to ensure that business is consistent with the bank’s risk framework.
• Review / recommend risk-mitigation measures, towards minimizing risk losses across bank-activities.
• Review “Operational Risk” RCSAs on periodic basis.
• Support Head of RMD in executing Risk Management responsibilities and manage day-to-day RMD activities, in his absence.
• Discuss with Internal Audit to resolve any Risk Management related matters.
• Liaise with External Audit to resolve any Risk Management related matters.
• Support periodic review of the Risk-Management policies / framework, in line with CBB guidelines.
REQUIREMENTS
Qualifications & Experience:
• Bachelor’s degree in a business related subject
• Professional Risk qualifications (IRM, FRM, PRM or relevant)
• Minimum 5 years’ experience as a Risk Manager
• Must have in-depth knowledge of different regulatory environments
• People management experience is desirable
• Excellent communication skills
ABOUT THE COMPANY
Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:
- Banking & Finance
- Human Resources
- Oil & Gas
- Construction
- Architecture & Engineering
