Job Purpose
The Jobholder will be responsible to manage and execute the key risk-related projects within the bank. This role requires collaboration with multiple stakeholders, including Risk, Compliance, IT, and other business units, to ensure that risk initiatives are delivered on time, within scope, and according to the bank's regulatory and strategic objectives.
Key Responsibilities
Strategy, Planning and Management
Planning and Management
- Support the planning, execution, and management of risk-related projects, ensuring alignment with the bank’s overall risk strategy and business objectives.
- Support strategic long-term views and identify opportunities for innovation as part of the roadmap review, driving improvements in productivity, driving cost reduction and quality improvements.
Operations, Review and Reporting
Understanding
- Maintain updated knowledge of rules, regulations and standards in the concerned field and related matters of interest to the department
Fieldwork
- Manage a portfolio of risk projects, ensuring prioritization, resource allocation, and alignment with the bank’s strategic goals.
- Ensure that all risk projects adhere to the relevant regulatory requirements, industry standards, and internal policies.
- Identify, assess, and manage project risks and issues, escalating when necessary to ensure project timelines and objectives are not compromised.
- Develop and maintain performance metrics to track the progress of risk projects, providing regular reports and updates to the direct Manager and other senior stakeholders.
- Establish and promote project management best practices, frameworks, and governance models to ensure consistency and quality across all risk-related initiatives.
Review and Monitoring
- Review and monitor project plan and work progress and report to direct manager.
- Monitor all aspects of the delivery of the Risk projects
Reporting
- Generate and escalate periodic and ad hoc reports ensuring accuracy and timely delivery
Stakeholder Management
Internal Interactions
- Participate in various cross-functional committees/teams for purposes like: executive team discussions, audits, etc. to achieve optimal cooperation and quality service.
- Collaborate with stakeholders across the bank, including Risk, Compliance, Finance, IT, and Operations, to drive project success and ensure clear communication of objectives and progress.
- Liaison with the support units and other stakeholders, to support successful delivery.
People Development
- Participate in the selection and development of staff.
- Evaluate performance and recommend developmental needs of the team.
- Review recommendations of subordinate staff and provide guidance in resolving complex or sensitive problems.
- Maintain and promote positive work culture and responsible for improving employee engagement level of the team.
Job Specifications
Education Qualification(s): Bachelor's degree or equivalent in a related field
Desired Attributes : Master’s degree in relevant field
Certifications(s): Project Management Certification
Experience
- Minimum 8 years of experience required
- Proven experience in a bank or financial institutions with Risk & projects experience
- Proven program delivery track record or a track record of managing large scale PMOs within the Banking Industry and/or Financial Services
Language(s) known: English (Proficient)
Desired Attributes : Arabic (Proficient)