Country Risk Officer – Riyadh

Country Risk Officer (CRO) - Description

This role provides the risk foundation for the branch and growth of the Bank's commercial banking franchise in the Kingdom and the region.

The role focuses on 3 main components; credit risk, regulatory interface and operational risk. 

Each of these will be done in close collaboration with a wide range of risk and business functions including Investment Bank Credit Risk Management, Transaction Services Risk Management, Product Management and Global Corporate Banking.

The credit risk aspect of this role will cover a range of products and services including liquidity, inter-bank activities, lending, trade finance and derivatives.

The role is visible with the main regulator - SAMA.  In this regard, the candidate will perform all necessary functions to ensure regulatory requirements are well understood, anticipated and executed upon. 

This includes building a productive and collaborative relationship with our regulators. The operational risk aspect of the role has oversight for all aspects of the Branch operation in collaboration with the Head of Operations.

Essential Responsibilities

Credit risk management of a portfolio of clients and the related exposures emanating from a wide range of activities

Approving credit lines/transactions within the credit authority delegated by the organization and within the existing risk policy governance framework.

Operational risk management of a variety of products and services, including operational processes and related infrastructure requirements
 
Assist local management team in the development and oversight of the risk and control governance framework
 
Operate Riyadh Branch Risk Committee and other relevant risk and control committees
Participate in regional credit committees, working groups and portfolio reviews

Qualifications:

Credit risk management experience, specializing in Saudi Arabian-domiciled clients, local laws and market practices
 
Technical knowledge of treasury and securities related products and services
 
Experience in operational risk management including controls, process and governance framework
 
Solid understanding of financial products and market dynamics
Knowledge in loan structuring and documentation including trade finance, cash management and other core commercial banking products