QNB- Assistant Vice President - Risk

Job Purpose Summary

The candidate will have specialized experience and technical capability to deliver an end-to-end control framework along with advanced analytics applicable to market risk activities, ALM, modelling, Liquidity Risk, Economic Capital and related functional/operational capacity. In addition, the candidate will also be responsible for the adequacy and effectiveness of the operational risk management techniques/processes. The incumbent will ensure independent and objective identification, assessment, measurement, monitoring, reporting, and control of operational risk for the Branch, including the management and supervision of all operational risk types such as internal and external fraud, employment practices and workplace safety, clients, products & business practice, damage to physical assets, business disruption & systems failures, and execution, delivery, & process management.

The candidate is also required to provide hands‑on support and relevant solutions for effective operation of data management, MIS, analytics evaluations, and other support required for ALCO and Group Risk Committee and actively support the Head of Risk in Group Risk Projects and initiatives.

• Assist in the management of fundamental prudential risks of the bank: counter party, leverage, liquidity, interest rate, currency, and other market risks.
• Support in the oversight and formulation of advice to the Branch on the current risk exposures of the bank and future risk strategy, including strategy for capital and liquidity management with due consideration to the current and prospective macroeconomic and financial environment.
• Take pro‑active steps to enable the Branch to move to more sophisticated/advanced methods for calculation/measurement of operational risk and the related impact on the associated capital levels.
• Coordinate with Compliance to obtain updates on regulatory changes pertaining to risk to assess their impact on the Group’s different portfolio risk profiles.
• Support the department head to provide timely and accurate risk information to Risk & Management Committees, external & internal auditors and the Compliance function as and when required.
• Assist customers (External/Internal) in all their queries on the Division’s products/tasks and seek solution to their requests.
• Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn‑around time.
• Relative to Market Risk Portfolio, ALM & Liquidity Risk Management.
• Review and propose necessary changes to the existing portfolio management techniques and procedures for the domestic and overseas business in light of changing market conditions based on Basel Committee recommendations / other best practices and QCB or any host regulator regulations and guidelines to ensure that a sound environment for identifying, assessing, measuring, monitoring and controlling risk is in place.
• Leverage the necessary tools, systems, and MIS reports for monitoring of limits that relate to borrowers, counter parties, cross‑border Group entities and more specifically excess over limit, expired limits, expired facilities, classification of advances per credit rating criteria, related party exposure and credit concentration, Liquidity monitoring and related market risk exposures.
• Support for correction of any weaknesses identified during assessments, audits, or examinations by internal/external audit staff, Group Compliance personnel, regulators examiners or Sharia’ auditors as applicable.

• Solid experience in market risk and liquidity risk management as well as excellent understanding of Asset‑Liability management.
• Possess superior knowledge of operational risk management techniques and methodologies.
• Takes responsibility for self‑development as well as acquiring skills and knowledge required to fulfill the duties by proactively identifying areas for professional development of self and undertaking development activities.
• Seek out opportunities to remain current with all developments in professional field.
• Hold meetings with staff and assess their performance as well as the…