Manager Market Conduct Risk Dubai Islamic Bank
Full time @Dubai Islamic Bank posted 10 months ago Shortlist Email JobJob Detail
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Job ID 10684
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Career Level Intermediate
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Experience Fresh
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Gender Female|Male
Job Description
Manager Market Conduct Risk at Dubai Islamic Bank is responsible to lead efforts in the implementation of Conduct Risk policies and procedures of the Bank. Ensure that the policies are aligned with regulatory obligations (in particular the Consumer Protection Regulations and Standards issued by CBUAE) and internationally recognized best practices. Support development of Conduct risk metrics to enable effective monitoring and reporting to Management and Board. Maintain in depth understanding of interactions of Conduct risk with other key risk types to enable effective mitigations in coordination with stakeholders.
Responsibilities of Manager Market Conduct Risk
- Support the development and maintenance of Bank’s Conduct risk governance policies and procedures to enable effective management.
- Implement Conduct risk monitoring program, whereby information flow is established across the lines of defense in the endeavor to minimize the effects of Conduct risk.
- Implement Conduct risk control self-assessment and Key Risk indicator programs to ensure remediation plans are comprehensively and timely concluded.
- Lead efforts in the implementation of the Product and Services Policy of the Bank to ensure that Consume Protection elements are duly embedd within the Product design process.
- Review and monitor Bank’s products to ensure that Conduct Risk elements are duly identify and mitigated.
- Support development of a Risk Aware culture within the bank to ensure that Consumer Protection is duly considered within all key decision making.
- Ensure comprehensive, accurate and timely reporting on Conduct risk matters to Management and Board.
- Mentor and develop team member skills by cross training with goal of embedding Conduct risk view in overall risk management.
- Review own performance and deliverables in line with the approved KPI’s to ensure meeting desired objectives.
Requirements of Manager Market Conduct Risk
- Master’s degree in e.g., Business Administration, Risk Management or others.
- Minimum of 5 years of work experience in Risk Management and analytics in the Banking industry.
- Minimum 2 years work experience in Market Conduct Risk domain building frameworks and conducting assessment.
Skills and Knowledge Desired
- Sharia Principles of Islamic Finance.
- Islamic Modes of Finance.
- Analytical Ability.
- Knowledge of Consumer Protection Regulations & Standards.
- Knowledge of SME Market Conduct Regulations.
- Banking Products, Services and Operations Knowledge.
- Bank Systems Knowledge.
- MIS Generation and Analytic.
- Regulatory and Compliance Knowledge.
AVP Head of Outsourcing & Third Party Risk Dubai Islamic Bank
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