Head of Credit Risk / UAE Job

Dubai, United Arab Emirates

We are seeking an experienced and dynamic Head of Risk Management to join the business to ensure that all relevant areas of risk are identified, monitored, measured and reported effectively and regularly and that appropriate management structures, processes and policies are in place to manage credit and operational risk in terms of the risk appetite established by the Board

The successful candidate will be responsible for developing an effective risk management framework for the company and will be a key figure, alongside other governance functions, in promoting effective internal controls and risk management.

They will advise on all aspects of risk management and will put practical structures and frameworks in place to allow for effective understanding of the company risk appetite and the management of enterprise risks within that appetite. It is vitally important that all risk framework structures support both the commercial and the governance requirements of the business.

The ideal person will relish the opportunity to create a function in line with best practice and the practical requirements of the business. They will need to operate effectively with all levels of management including the Board and will have the skills to adapt their style to their audience. As an integral member of the senior leadership team the successful candidate will report directly to the Managing Director.

Accountabilities:

  • Design and implementation of an organization wide, integrated, effective and efficient risk management platform
  • Development and communication of risk management policies and strategy
  • Governance of all lending policies and other documentation across all geographies
  • Leadership of the execution of risk management projects across the business by mobilizing and managing teams across the seven geographies
  • Management of all credit control and collections activities
  • Fostering the company’s relationship with the UAE Central Bank
  • Delivery of large-scale digital transformation initiatives with certainty and to high standards
  • Implementation of quality standards and excellence across the business
  • Full ownership of risk controlling and portfolio management function to provide input for pricing and product mix
  • Establishment of RV risk management guideline and support to RV committee in all risk mitigation activities
  • Work closely with all levels of management to support effective risk-based decision making
  • Work with other governance functions to ensure risk methodology and risk appetite are aligned

Requirements:

  • University graduate having a minimum of 10 years’ leadership experience in a financial services risk environment
  • Exemplary strategic thinking, credit risk skills, commercial acumen, analytical problem-solving skills, project management, market research and negotiation skills
  • Risk management skills in both emerging and developed markets and across complex regulatory environments across multiple geographies
  • Proven track record in developing risk management frameworks, managing cross-functional project teams, and participating in or leading technology based risk solutions
  • First-hand experience with decision automation, scorecards and rating models
  • Strong motivator with a proven track record in embedding risk management in the culture of an organisation
  • Outstanding interpersonal, facilitation and presentation skills
  • Ability to influence and gain commitment at all organizational levels
  • Strong quantitative and analytical skills
  • Languages: Fluent English. Arabic is beneficial