Group Head of Risk to oversee & lead the Global Risk Function.
Overseas, facilitates & coordinates all risk related topics across the business, especially the business risks stemming from all the Market & Trading activities. Operational, Compliance & Regulatory Risks extending to Business Continuity Planning & Management.
Manages & Produces all Risk Management Reporting
Communicates to all stakeholders, internal & external about the company’s risks with appropriate reporting implemented & managed, both internally & externally as required by shareholders regulators, auditors…
Advises on risk issues on a day-to-day basis as well contributes to strategic thinking & planning across all risks, not just trading.
Implements, executes, maintaining & updating the risk & compliance framework that will include:
Works independently but in a collaborative manner to ensure business opportunities are maximised whilst preserving the integrity of the risk book and managers operating it. Involvement to risk modelling & simulation design, testing & implementations.
Monitors & controls all risk limits with prompt reporting and actioning of corrective action for any excesses or breaches.
Ensures adherence to all rules & regulations across the global business, internally & external compliance.
Responsible for installing a common risk culture and awareness across the business through the setting up & maintaining appropriate risk policies & procedures as well through training & education.
Works with big data, identifying trends & opportunities through sound analytical methodises & principles.
Maintains up to date with global events & drives a predictive approach to managing the company’s risks.
Produces accurate & timely reporting to the Board, Executive Management & all concerned Department Heads as well advising on key market & business risk issues & trends.
Contributes as a member of the Senior Global Management team to the development & delivery of the Strategic Plan & to ensuring the company maximises its value through appropriate short, medium & long term risk strategies.
Manages the relationship with all risk team members, whether direct or non-direct reports.
Drives the implementation of new software, data migration & process for the risk control function.
Skills and Competencies:
Senior Managerial skills, with maturity and polished inter-personal skills.
Commercially focused whilst protecting the interests of the shareholders.
Ability to influence, collaborative by nature.
Highly analytical & familiar with sophisticated risk models – capable of interpretation risk data & trends into easily understanding communications upon which sound business decisions can be made.
Strategic thinker but hands-on approach.
Proactive, positive and flexible approach to teamwork.
Educational / Experience Requirements:
Professional Certification – In Risk Management
20+ years’ experience within Risk Management, of which 10 in a senior capacity.
Preference for a background in global financial services, including GCC.
Global Institutional trained.
Significant experience of working in a trading environment (with Front Offices) especially with exposure to global markets, particularly currency products.
Familiar with hedging strategies & book management.
High degree of self-motivation, ambition & agility.
Resilient and capable of working at speed in a rapidly growing & dynamic environment.