Risk Management Specialist

1 week ago


Dubai, Dubai, United Arab Emirates Dubai Islamic Bank Full time

Dubai Islamic Bank is a leading financial institution in the Middle East, committed to providing innovative banking solutions to its customers.

Job Description

The Risk Management Specialist will play a critical role in determining the bank's capital requirement based on the Basel Capital Accords for Pillar-I, Pillar-II, and Pillar-III risks. This involves qualitative and quantitative assessment and analysis of all risk issues.

Key Responsibilities
  • Assist in meeting CB-UAE reporting requirements of the Basel Capital Accords for Credit, Market, and Operational Risk.
  • Design, construct, and deliver internal reporting related to capital requirements to senior management.
  • Support the development and implementation of models in risk management, focusing on Credit Risk, Market Risk, and Operational Risk.
  • Develop Capital Adequacy reports for Stressed Credit Economic Scenarios.
  • Validate Capital Computation on the group level with Central bank Examiners.
  • Prepare ICAAP Pillar I & Pillar III reports as per CB-UAE Basel Regulatory reporting requirements.
  • Collaborate with the Head of ICAAP to develop futuristic Capital plans for strategic planning of capital management.
  • Develop Stress Tests and Economic scenario analysis for capital planning.
  • Ensure compliance with approved policies, procedures, SLAs, and regulatory requirements.


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