QNB- Assistant Vice President - Risk; Saudization

About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

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.
• To assist customers (External/Internal) in all their queries on the Divisions 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 on the necessary tools, systems, and MIS…