Risk Management Officer

؜ - ؜Kuwait City ؜ -

Job details

Job Description



  • Review and assess risk management policies and procedures; makes recommendations and implements modifications and improvements.

  • Perform the on-going monitoring and assessments of risks to enable the identification of top risks, potential new risks or emerging risks.

  • Provide second line oversight to ensure the organization's risk appetite, control framework and policies are clearly documented, communicated and adhered to.

  • Monitor and assess operational risk exposures, events, business and IT incidents to ensure such cases are appropriately escalated.

  • Support the business in development and implementation of appropriate risk controls to mitigate such incidents.

  • Conduct regular risk and control self-assessment (RCSA) of different departments and units.

  • Create and maintain appropriate key risk indicators (KRIs) and trigger limits to track the trends in risk exposures.

  • Lead and conduct risk assessments, reviews or investigations of topics that may arise from time to time.

  • Recommend and implement risk management solutions such as Business Continuity Plan, Funding Contingency Plan or recovery measures.

  • Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence.

  • Provide recommendations tied to analysis and assessment of credit risk.

  • Present analysis, findings, and recommendations, especially findings that involve a borrower's ability to repay.

  • Monitor market risk and liquidity risk limits for potential breaches or irregular activities

  • Monitor compliance to market risk and liquidity risk management requirements and limits

  • Identify and report the organization's current and potential market and liquidity risks which may exceed the organization's risk appetite.

  • Conduct scenario analysis and stress testing.

  • Ensure appropriate and insightful risk reporting including reporting to the Audit & Risk Committee.

  • Draft and present risk reports and proposals to executive leadership and senior staff.

  • Lead, contribute and/or deliver risk training and awareness initiatives as may be required.

  • Perform other duties as directed.


**


Requirements**



  • Bachelor 's degree in Finance, Economics, Accounting or related field required.

  • At least ‎5 years of proven experience in Risk Management, mainly in Credit Risk.

  • Certifications in Risk Management would be a plus.

  • Thorough understanding of policies and best practices of risk management.

  • Excellent verbal and written communication skills.

  • Excellent mathematical and critical thinking skills.

  • Excellent analytical and problem-solving skills.

  • Excellent organizational skills and attention to detail.

  • Proficient with Microsoft Office.

  • Fluent in Arabic and English. French is a plus.

Job Summary

  • Advertiser: -
  • Announcement date: 07/11/2023
  • Type of employment: -
  • Experience level: -
  • Educational level: -
  • Job location: Kuwait City
  • Salary: -
  • Phone number: -

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