As a key member of the Risk Strategy & Governance team, you will be responsible for assisting in running the risk strategy and governance agenda in risk management group
The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator in banking and finance, powered by a diverse and dynamic team who put customers first. Together, we pioneer key innovations and developments in banking and financial services. Our mandate? To help customers find their way to Rise Every Day, partnering with them through the highs and lows to help them reach their goals and unlock their unique vision of success. Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.Responsibilities:
- Interpret and analyze complex regulatory guidelines and industry standards to ensure compliance.
- Assist in the development, implementation, and continuous improvement of risk management policies and procedures.
- Create and maintain comprehensive risk management dashboards and reports, providing valuable insights to senior leadership.
- Identify, assess, and recommend mitigation strategies for potential risks across various business functions.
- Collaborate with cross-functional teams to understand business processes and identify areas of risk exposure.
- Stay abreast of emerging risks and industry trends, conducting research and analysis to inform risk management strategies.
- Support the design and execution of risk-based scenarios and stress testing exercises to enhance resilience.
- Liaise with internal stakeholders to gather requirements, provide risk management expertise, and ensure alignment with organizational goals.
- Document and maintain accurate records of risk assessments, management activities, and mitigation plans.
- Contribute to the ongoing enhancement of risk management practices and processes, ensuring they remain effective and efficient.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a closely related field.
- 1-2 years of experience in risk management, regulatory compliance, or a similar role, demonstrating a strong understanding of risk assessment and mitigation.
- Exceptional analytical and problem-solving skills, with the ability to interpret complex data and identify trends.
- Excellent communication and interpersonal skills, enabling effective collaboration with cross-functional teams and stakeholders.
- Proficiency in using risk management software and tools, including Excel and industry-leading risk assessment platforms.
- Solid knowledge of regulatory frameworks and guidelines relevant to the financial industry, ensuring compliance.
- Ability to work independently, manage multiple tasks simultaneously, and prioritize effectively in a fast-paced environment.
- Strong attention to detail, commitment to accuracy, and a high level of confidentiality when handling sensitive information.
- Willingness to stay updated on industry developments, best practices, and emerging trends in risk management.
- A proactive, solution-oriented mindset, approaching risk management challenges with creativity and innovation.