Risk Systems & Infrastructure Manager

Job description / Role

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

Job Purpose

The Manager, Risk Infrastructure is responsible for overseeing the integrity, quality, and compliance of data within the ERM team, ensuring that all ERM systems are operational for data analytics, modeling, and more. This role entails the implementation of strong data governance strategies, policies, and procedures to effectively manage data assets within ERM. In collaboration with various business units, IT teams, and compliance officers, the manager works to foster a culture of data/system awareness, accountability, and trust.

Principle Accountabilities

Risk Infrastructure:
- Support the execute of the risk infrastructure and systems strategy and roadmap, in alignment with the overall risk management framework and objectives
- Manage the design, development, testing, deployment, and maintenance of risk infrastructure and systems, ensuring compliance with internal and external standards and regulations
- Provide guidance related to Risk system/infrastructure to the ERM team
- Establish and maintain effective communication and relationships with senior management, business units, and external stakeholders, and provide regular updates and reports on risk infrastructure and systems performance and issues
- Identify and monitor emerging risks and trends, and propose solutions and enhancements to address them
- Support the development and delivery of risk system training and awareness programs

Data Analysis, Governance, Quality and Reporting:
- Ensure the quality, reliability, and security of risk data, models, and reports, and implement data governance and quality assurance processes
- Support ERM data strategy and roadmap to support the overarching strategy and transformation of data.
- Provide data related to IFRS 9, Risk Modelling, ICAAP/Stress Testing, Pricing, Management reporting to the respective team whenever needed from various risk systems, DWH, etc.
- Prepare dashboard based on the archived data from various risk system likes Credit Lens, Phoenix, etc. to understand the rating trends, process validations, etc.

Risk Datamart:
- Develop data archival strategy of the risk data to store the historical data
- Ensure the integration of the risk datamart to Bank's overall data program

Stakeholder Collaboration:
- Work closely with business units, IT teams, compliance officers, and other relevant functional teams and stakeholders (Legal, information security, audit, etc.) to align ERM efforts with business and reporting goals.
- Manage engagement with Risk and IT teams on annual planning, new risk system development/maintenance, and periodic progress reviews on all risk infrastructure initiatives.

Experience and Qualifications:
- 10+ years of proven relevant experience in financial services industry
- Minimum 5+ years' experience in data management/ governance and risk infrastructure
- Experience with wholesale and retail banking
- Bachelor's degree in data management, Information Technology, Business Administration, or related field. Advanced degree (e.g., MBA, MS) is a plus
- Advance knowledge of Credit Risk, including BASEL
- To be conversant with Rating and Scoring models

Skills:
- Strong verbal and written communication skills
- Problem solving
- Regulatory Knowledge
- Ability to analyze complex data
- Technical proficiency in risk management software

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.