Education: At least a bachelor's degree in economics, finance, accounting, business administration or ACCA membership.
Certification:
- At least PRM, FRM, CFA certificates or other valid internal certificates are essential.
- Certified Islamic Professional Accountant (AAOIFI) certification will be an added plus.
Experience: At least five years of senior position experience in the risk management department of banks or seven years of the same experience in any recognized financial institution.
Skills:
- Strong understanding of risk exposure calculation methods and risk management.
- Strong analytical skills with working knowledge of the principles of credit risk, market risk, operation risk, liquidity risk, financial risk, and IT risk of banks and financial institutions.
- Sound knowledge of investment risk and portfolio management concepts.
- Understanding of other operational risks including IT Security.
- Ability to clearly articulate and express a bank risk appetite.
- Knowledge of policy development and implementation.
- Strong command of risk management principles tools and models.
- In-depth understanding of the regulatory economic sectors client and market environment and trends.
- Excellent communication organisational and leadership skills.
- Have high ethical standards and integrity in both personal and professional dealings.