IT Governance, Risk & Control Manager

Commercial Bank of Dubai (CBD)

Dubai, UAE

Ref: HP905-579

Job description / Role

Employment: Full Time

Job Purpose

The purpose of the role is to carry end-to-end responsibility for the governance, risk and control within the IT division. The role holder will ensure an effective control environment. Ensuring all open audit, regulatory and self identified issues are closed in a timely manner. The role holder is expected to perform QA testing and challenge the controls in place.

Principal Accountabilities

• Support audits and compliance initiatives. Ensure audit point/ self-identified issues are effectively resolved in a timely manner.
• Support the development and monitoring of IT governance, risk, and compliance strategic objectives and KPIs
• Support the Head of IT GRC with all queries and presentations to management
• Work collaboratively with other corporate oversight functions to identify and implement consistent and effective approaches to risk governance and control-based activities
• Drive a continuous improvement and compliant culture through documented policies, procedures and architecture.
• Identify controls that are currently in place, as well as any control gaps, based on identified risks.
• Work closely with ORM to ensure all incidents are resolved in a timely manner.
• Assist with QA testing on the IT divisions.
• Assist in the completion of the RCSA.
• Continuously supporting the transformation of the organization to increase control effectiveness. Therefore, support in providing guidance to the business partners (e.g., process owners) in designing and implementing appropriate controls to strengthen the control environment and mitigate risks.
• Collate and aggregate IT costs incurred by different IT capabilities, driving an accurate and consistent IT budget and forecast.
• Perform IT cost analysis and optimize IT spending, ensuring alignment with the bank's strategy and operating model
• Collect metrics and key performance indicators from stakeholders within IT, validate the data, and prepare materials to support the Head of IT GRC
• Design and implementation of the QA framework
• Evaluate QA testing Management of QA officer and GRC Manager



Education and Experience

• Minimum of a bachelor's degree
• Background in Banking/Risk professional designation preferred
• Analytical and review skills with the ability to draw the correct conclusions from reviews
• Time management and organization skills with the ability to prioritize and multi-task

About the Company

In 1969, when we at Commercial Bank of Dubai started out little did we know that sheer grit and determination would get us where we are today. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of modern Dubai, laid the cornerstone of Commercial Bank of Dubai. We started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. A minority stake was held by a few UAE businessmen.

By 1982, little more than a decade later, we evolved into a National Public Shareholding company. A feat complimented by an exponential increase in the capital base and mammoth restructuring of our operations. The feather in the cap came when the Government of Dubai became a key shareholder.

Over the decades, we have transformed ourselves into a progressive and modern banking institution. We are supported by a sturdy financial base and reigned by a strong and stable management. The proof of which lies with our customers who have stood by us over the years.

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