ADCB
Abu Dhabi Commercial Bank (ADCB) was shaped in 1985 as a public shareholding organization with restricted risk, following the consolidations between Emirates Business Bank, Government Business Bank, and Khaleej Business Bank, which was laid out in 1975.
Specialist – Operational Risk Management (WBG, Treasury & Wealth Management) – UAE Nationals Jobs in Abu Dhabi, UAE
Abu Dhabi Commercial Bank (ADCB) – Abu Dhabi, UAE
- Job Location:- Abu Dhabi, UAE
- Company:- Abu Dhabi Commercial Bank (ADCB)
- Education:- Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or any other related field
- Nationality:- UAE Nationals
- Gender:- Male / Female
- Number of Vacant Positions:- Not Mentioned
- Salary:- Negotiable
- Job Type:- Full-Time
- Job Categories:- Administration
About ADCB
Abu Dhabi Commercial Bank (ADCB)PJSC (Arabic: بنك أبوظبي التجاري) (ADX: ADCB), ordinarily called ADCB, is a bank in the Unified Bedouin Emirates.
Abu Dhabi Commercial Bank (ADCB) was shaped in 1985 as a public shareholding organization with restricted risk, following the consolidations between Emirates Business Bank, Government Business Bank, and Khaleej Business Bank, which was laid out in 1975.
The Public authority of Abu Dhabi through the Abu Dhabi Investment Council (ADIC) holds 62.52% of ADCB shares; the rest is held by different foundations and people. ADCB is the third-biggest bank in the UAE as far as monetary record size and offers a scope of business and retail banking administrations to its clients.
Starting around 30 September 2018, it utilizes north of 5000 individuals serving retail and corporate clients. Besides 56 branches in the UAE, it has 1 branch in Jersey. It likewise works out of agent workplaces in Singapore and London.
On January 2019, a 3-bank consolidation was declared between ADCB, Association Public Bank, and Al Hilal Bank. The joined bank keeps on working as ADCB in spite of the fact that Al Hilal Bank works, as an independent Islamic bank combined under the new gathering substance.
ADCB Gathering will turn into the fifth biggest bank in the district with roughly 1 million clients.
Administration Commitment
We want to furnish you with an extraordinary financial encounter, so we assure to address your administration demand within three working days.
Straightforward Banking
We are focused on being clear and direct, furnishing you with all the data expected to settle on the most ideal choices.
Your cash is in safe hands
ADCB offers you a large group of records tweaked to meet your everyday and long-haul needs.
Partake in a consistent financial involvement in ADCB
Access one of the biggest branch networks in the UAE combined with extraordinary accommodation energized by mechanically progressed banking.
Job Title – Specialist – Operational Risk Management (WBG, Treasury & Wealth Management) – UAE Nationals Jobs in Abu Dhabi, UAE
Responsibilities:
- Operational Risk Framework and Policy:
- Support development, enhancement and implementation of the following OR tools across the organization as per the roadmap
- Risk & Control Self Assessments (RCSAs)
- Key Risk Indicators (KRIs)
- Issues & Actions
- Operational Risk Events (OREs)
- Support the framework implementation representing the assessed risk exposure and coverage across all assigned business units within timelines
- Risk Assessment:
- Review and challenge RCSAs for the assigned business units to ensure key risks are identified, described and assessed; and their corresponding controls identified and described in line with the RCSA Guideline
- Review and challenge Third Party Risk Assessments (TPRA), New Initiatives (products, services, processes, systems and vendors) to ensure they are properly documented and all key risks associated with them are identified, assessed and the respective controls identified and documented
- Contribute to the ongoing development of the Risk Library as a Risk Assessment tool
- Control Assessment:
- Review and challenge control testing results and assessments to ensure they are performed in line with the RCSA Guideline and properly documented and approved; as well as improve the quality of the exercise
- Training & Support:
- Support the development of training materials for assigned OR tools; provide training and uplift awareness of staff around risk matters in order to promote a risk management culture
- Provide support and guidance to Risk & Control Champions and other relevant internal stakeholders on Operational Risk matters in order to assist them with the interpretation and implementation of OR policy, framework, procedures and guidelines requirements
- Support team; or other staff within ORM where required in carrying out the Operational Risk responsibilities to ensure knowledge transfer and effective use of resources
- Risk Monitoring and Reconciliation:
- Periodically monitor open actions under OR tools; and follow up with the Risk & Control Champions for timely action to avoid overdue actions or breach of the Risk AppetiteReview Operational Risk Events to ensure relevant accounting records (i.e. gains, losses, provisions, recoveries and restitutions) are correctly updated in the general ledger accounts and reconcile with the records in the Operational Loss Database
- Reporting:
- Update and review records in the databases for all the OR tools to ensure the records are updated in time, complete and accurate for internal and external reporting purposes
- Review the ORM Dashboard, MI reports; governance oversight presentations and packs to ensure the records for coverage Business areas are complete and accurate for internal and external reporting
- Policies, Processes, Systems, Procedures & Guidelines:
- Recommend and implement improvements to departmental policies, procedures, processes, guidelines covering all areas of activity so that all relevant procedural requirements are fulfilled
- Adhere to all relevant organisational and departmental policies, processes, standard operating procedures and guidelines so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to all relevant stakeholders
- Support development, enhancement and implementation of OR tools and ORMS across the organization
- Self-Management:
- Manage self in line with the bank’s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance
- Customer Service:
- Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank’s required levels of service in all internal and external customer interactions
- Participate in the OR governance forums and provide input as required
- Support Group subsidiaries – Asset Management, ADCB Securities, AHB Treasury & etc.
Educational requirements:
- Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or any other related field
Experience requirements:
- A Minimum of at least 10 years of work experience, of which recent 5 years of experience should be in Operational Risk, Governance & Control, or Risk Management in a Financial Institution
Desired Skills:
- Knowledge in the implementation of best practice frameworks such as Basel II, ISO 31,000 (2018), COSO framework (2017), SOX and etc
- Analytical skills: Able to break down complex problems into simple manageable units and develops solutions
- Strong interpersonal, negotiation and communication skills: Excellent verbal, writing and presentation skills with the ability to interact with senior stakeholders at all levels within the organization and be able to relay complex technical concept to non-technical audience
- Proficiency in Microsoft Office (Word, Excel and PowerPoint) and other related tools
Qualifications:
- Risk Management/Operational Risk Management qualification e.g. CORM, FRM, or equivalent
Benefits:
- Will be negotiated
Incentives:
- Will be negotiated
How to Apply for Abu Dhabi Commercial Bank (ADCB) Careers?
If interested in this position, kindly click on the apply button and apply directly on the Abu Dhabi Commercial Bank (ADCB) Company Website
Click Here:- To find the latest Job Vacancies
To apply for this job please visit www.adcbcareers.com.
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