Senior Manager, Policy Governance

About This Role

Job purpose:

To lead the development and implementation of the Bank’s Risk frameworks and policies ensuring alignment with CBUAE, SCA and corporate governance requirements. The individual will also be responsible for the product governance and providing support to the Head of ERM in managing the CRO’s office. As part of the Bank’s 2nd Line of Defence, the role will also play a pivotal part in driving a culture of best practice risk management with consideration to the balance of risk appetite, commerciality, corporate governance and regulatory requirements.

Duties and responsibilities:

• Lead the review of risk frameworks, policies, and guidance/procedure documents to ensure alignment with the Enterprise Risk Management Framework (ERMF), internal control requirements and CBUAE and corporate governance requirements.
• Support the Head of ERM in the review of the ERMF, Risk Management Strategy (RMS) and Risk Appetite Statement (RAS).
• Lead and coordinate the annual review and update of all Board approved frameworks, policies and Committee charters.
• Coordination of new or updated risk management requirements from the CBUAE, SCA, and other regulatory authorities.
• Support the development and maintenance of the Bank’s regulatory control map.
• Effectively participate and contribute to risk governance committees.

Product Governance

• Review of new and materially changed products to ensure they align with CBUAE regulatory requirements and the associated product risks are within approved parameters/limits.

Qualifications:

• Bachelor's Degree, preferably in Risk Management or quantitative discipline (Statistics or Mathematics)
• Certified FRM from Global Association of Risk Professionals, USA
• Additionally, CA / CPA / CFA or Banking Diploma will be preferable

Experience:

• Minimum 10 years of Banking experience with 5 years in management position in a large multinational or regional bank with significant risk related experience.
• Sound knowledge in all areas of banking and regulation.
• Expertise in Enterprise Risk with strong experience across other risk types – credit/market and Liquidity – and regulation including Basel.
• Experience in leading Enterprise Risk Management Programs