Apply for Risk Management Officer, Jeddah, Saudi Arabia Job Vacancy | Position

Business Unit: President Complex

Division: Not Applicable

Department:  Risk Management Department

Country: Saudi Arabia

Location: Saudi Arabia –  Jeddah

Job Grade: E1

Closing Date: 19-Jan-2025

Job Purpose

Support in establishing and sustaining excessive oversight mechanism requirements on the Investment, Treasury and Project Operations Financing portfolios of the Bank to maintain a watchful eye on the efficiency, threat and compliance This is achieved via (a) efficient monitoring and reporting course of in shut coordination with the related stakeholders, (b) sturdy inner management practices for correct fiduciary and threat oversight, and (c) easy, streamlined and well-designed processes to proactively handle dangers together with high quality assurance, programs and instruments, monitoring & knowledge, and correct reconciliation with the Bank’s financials. The incumbent shall posse robust IT abilities and talent to work with databases and recordsdata to make sure that a stable basis of constant knowledge is in place and contribute to creating sturdy reconciliation, monitoring and reporting instruments.

Key Accountabilities

Corporate Middle Office (CMO)

• Support the unbiased valuation perform on OCR and different funds.
• Monitor the safety and collateral / ensures valuations and the Loan to Value (LTV) ratio on a periodic foundation.
• Provide assist in creating sturdy instruments to make sure knowledge integrity, reconciliation for consistency throughout the programs and the Bank monetary statements; and help in establishing a sequence of normal stories (on efficiency, threat and compliance) on Bank-wide portfolios (Investments, Treasury and Operations.
• Maintenance and custody of threat administration grasp knowledge and guarantee distinctive identification for obligor throughout all related programs

Operational Excellence and Support:

• Ensure that the related IsDB databases are precisely and well timed up to date.
• Propose and implement course of enhancements to extend effectivity, effectiveness and compliance of the associated operations ehsTNwG BIpnb
• Contribute within the automation of the CMO course of for time saving and to minimizing operational dangers.

Academic {and professional} {qualifications}

• Bachelor’s diploma in Economics / Finance / Risk Management / Mathematics / Business Administration or associated self-discipline.
• Minimum 3 years of related expertise within the Banking business.

Skills & Necessary Knowledge

• Analytical Thinking.
• IT literate (MS Office, Programming, SAP, Power BI, Bloomberg, Reuter, Misys/ FusionInvest, and so on.)

Languages

English – Mandatory

Arabic – Preferred

French – Preferred

About Application Process

If you meet the standards and you’re enthusiastic concerning the position, we’d welcome your application. To full the application you would wish the next doc(s):

• Resume/CV
• Academic Certificate
• Copy of Passport