Lead Risk Mgt Specialist (portfolio)

Isdb Group

Jeddah, Saudi Arabia
**
Portfolio risk management
Risk appetite framework
Ifrs 9 expected credit loss
** The Islamic Development Bank (IsDB) is seeking a Lead Risk Management Specialist to oversee the formulation and quantification of the Bank's risk appetite and to provide high-level risk oversight and reporting. The ideal candidate will possess extensive experience in quantitative risk management, particularly within Multilateral Development Banks, and will be responsible for developing and maintaining risk models and frameworks. **

Job Summary

  • This role is responsible for ensuring the Bank has a sound risk profile by leading the formulation and quantification of the Bank risk appetite statement and metrics and the enterprise-wide quantitative risk measurement.
  • The role must provide an independent high-level risk oversight and reporting of the Bank’s financial and non-financial risk profile to the Board of Executive Directors, Risk Management Committee, Management and concerned stakeholders in the Bank.
  • The role is responsible for providing technical guidance to the Portfolio Risk and Reporting team for the undertaking of credit risk management activities at the Bank focusing on developing and implementing appropriate portfolio risk management framework and guidelines, credit risk modelling and risk analytics covering all aspects of Bank-wide risk management.

Matching Summary

Match Score: 75

** The Islamic Development Bank (IsDB) is seeking a Lead Risk Management Specialist to oversee the formulation and quantification of the Bank's risk appetite and to provide high-level risk oversight and reporting. The ideal candidate will possess extensive experience in quantitative risk management, particularly within Multilateral Development Banks, and will be responsible for developing and maintaining risk models and frameworks. **

Skills & Requirements

Must-have

  • Portfolio Risk Management
  • Risk Appetite Framework
  • IFRS 9 Expected Credit Loss
  • Economic Capital Adequacy Framework
  • Credit Risk Modelling
  • Quantitative Risk Management

Nice-to-have

  • Islamic Finance knowledge
  • MDBs credit risk experience
  • Stakeholder management skills
  • Analytical and problem-solving abilities

Key Requirements

  • Master's degree in Economics / Finance / Risk Management / Mathematics / Business Administration
  • Minimum 10 years of relevant experience
  • Minimum 8 years for PhD holder in a quantitative discipline
  • Minimum 4 years in Multilateral Development Banks
  • Minimum 3 years in managerial/supervisory role
  • Professional certifications like CFA/PRM/FRM/CQF or equivalent is preferred

Work Rights

Not specified

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