Risk Management Advisor
6 days ago
The Islamic Development Bank is seeking a highly skilled Risk Management Specialist to oversee the Bank's activities, including investment, treasury, and project operations financing portfolios. The ideal candidate will have a strong understanding of risk management principles and be able to identify gaps in the current system.
Key responsibilities include:
- Corporate Middle Office (CMO) Functions
- Valuation Policy Support
- Support the formulation and maintenance of the Bank-wide Valuation Policy on assets and security collaterals.
- Perform independent valuations on OCR and other funds.
- Coordinate with the Financial Control Department to finalize quarterly valuation and impairment for financial statements.
- Regularly monitor security and collateral/guarantees valuations and Loan-to-Value (LTV) ratios.
- Ensure adherence to applicable and relevant investment policies for funds managed/administered by the Investment Department.
- Perform performance, risk, and compliance monitoring and reporting activities on Bank-wide investments, project operations, and Treasury.
- IsDB Database Updates
- Ensure accurate and timely updates to relevant IsDB databases.
- Propose and implement process improvements to increase efficiency, effectiveness, and compliance of related operations.
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