Chief Risk Officer

Head of Talent Solutions at j. awan & partners | Global Talent Acquisition | Executive Recruitment | Bespoke Recruitment Solutions | Governance, Risk…

SUCCESS PROFILE

Reports to:

Board of Directors

Role:
Full time

Our client is a financial institution licensed to provide a comprehensive range of banking products and services. Built on a foundation of resilience and innovation, it has grown into a trusted provider of financial solutions for individuals, businesses, and institutions. The organisation is deeply committed to financial inclusion, social responsibility, and aligning with global best practices in financial services and technology.

The CRO is responsible for establishing and leading the bank’s risk management framework to ensure sound risk governance, regulatory compliance, and long-term financial sustainability in accordance with FSRA’s regulatory standards. The role’s primary purpose is to identify, assess, monitor, and mitigate all categories of risk—including credit, market, liquidity, operational, conduct, compliance, and strategic risks—while fostering a strong risk culture across the organisation.

This position plays a critical role in safeguarding the bank’s assets, reputation, and stakeholders by embedding a robust risk management strategy aligned with the bank’s overall business objectives. The CRO acts as an independent advisor to the Board of Directors and senior management, ensuring that all risks are clearly articulated, understood, and effectively managed within the risk appetite and tolerance approved by the Board.

• Develop, implement, and oversee the bank’s enterprise-wide risk management framework in line with ADGM and FSRA regulations.
• Act as the key advisor to the Board Audit, Risk and Compliance Committee (ARCC) and Executive Management on all risk-related matters.
• Ensure alignment of risk management strategies with the bank’s overall business objectives and regulatory obligations.
• Foster a risk-aware culture across the organization through training, awareness, and communication.
• Lead the identification, measurement, monitoring, and reporting of all material risks, including credit, market, liquidity, operational, conduct, and reputational risks.
• Establish robust systems and controls to ensure early detection of emerging risks and vulnerabilities.
• Conduct regular stress testing, scenario analysis, and capital adequacy assessments to evaluate resilience under adverse conditions.
• Oversee the implementation and maintenance of risk appetite frameworks and risk tolerance levels approved by the Board.

• Ensure compliance with ADGM, FSRA, Basel III, and other relevant international risk management standards.
• Prepare and submit timely and accurate risk reports to regulators, the ARCC, and senior management.
• Monitor regulatory developments and proactively adjust frameworks, policies, and processes to remain compliant.
• Design and update comprehensive risk management policies, frameworks, and procedures.
• Establish key risk indicators (KRIs) and performance metrics to track and elevate risk exposures.
• Oversee the implementation of risk mitigation measures, contingency planning, and recovery strategies.
• Ensure adequate systems for internal controls, segregation of duties, and operational resilience.

• Lead and mentor the risk management team, ensuring continuous development and succession planning.
• Collaborate with business units to embed risk considerations into strategic decision-making and daily operations.
• Act as the primary point of contact with internal and external auditors, regulators, and other stakeholders on risk-related matters.

• Provide oversight and leadership in crisis situations, ensuring prompt and effective escalation, communication, and resolution.
• Lead post-incident reviews and ensure lessons learned are embedded into improved processes and controls.

• Minimum 15 years of progressive risk management experience, with at least 5 years in a senior…