Senior Risk Management Specialist
1 week ago
- Formulate and quantify model risk appetite.
- Develop and maintain the Model Risk Management policy, management directives, procedures, and guidelines.
- Maintain and update the model risk monitoring tools, systems, and methodologies to ensure ongoing quality of model risk management processes.
- Independently review financial and risk models in use by the Bank and periodically perform independent model validation of these models.
- Perform independent model risk assessment and model performance monitoring in accordance with the defined model risk appetite and the predefined model performance targets.
- Review model development and re-development/re-calibration proposals from model owners.
- Perform periodic procedural compliance on model development and management process within the Bank along with review of adequacy and comprehensiveness of model documentation with the approved policy, directives and guidelines and highlight deviations with recommendations to achieve compliance.
- Undertake ongoing management of model tiering, perform model risk assessments, and maintain model inventory, model documentation, model performance reports and model validation reports.
- Bachelor's Degree in a Quantitative Science (Finance, Economics, Mathematics, Statistics, Actuarial Science, Financial Engineering or similar).
- Professional certifications like CFA/PRM/FRM/CQF would be preferred.
- Advanced programming skills using statistical/mathematical software.
- Proficiency in SAS, MATLAB, R, Python, VB or other statistical modeling software and database management languages such as SQL Database.
- Minimum 8 years of relevant experience in a financial modelling or risk management function, of which at least 3 years in Model Risk, preferably in a Multilateral Development Bank.
- Risk Assessment and Risk Quantification skills, Quantitative Analytical skills, Asset Valuation Techniques, Familiarity with External Rating Methodologies, Governance, Risk and control, Islamic Finance, Stress Testing, Analytical Thinking, Problem Solving, Attention to detail, Stakeholder Management, MS Office.
-
Senior Risk Management Specialist
1 week ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time{"h1": "Senior Risk Management Specialist - Market", "p": "At the Islamic Development Bank, we are seeking a highly skilled Senior Risk Management Specialist to join our Market Risk team. As a key member of our team, you will be responsible for managing the implementation and execution of our model risk management framework. This includes participating in...
-
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob SummaryWe are seeking a highly skilled and experienced Senior Specialist, Country and Sustainability Risk Management to join our team at the Islamic Development Bank. The successful candidate will be responsible for conducting extensive research on the economic situations and sustainability risk areas of various countries.Key ResponsibilitiesConduct...
-
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob SummaryWe are seeking a highly skilled Senior Specialist, Country and Sustainability Risk Management to join our team at the Islamic Development Bank. The successful candidate will be responsible for conducting extensive research on economic situations and sustainability risk areas of various countries.Key ResponsibilitiesConduct in-depth research on...
-
Senior Auditor
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Saudi Aramco Base Oil Company-Luberef Full timeJob SummaryThe Senior Auditor will play a key role in conducting internal audits to ensure the effectiveness of our risk management and compliance processes. This position will support the Lead Auditor in planning and executing audits, and will be responsible for leading internal audit planning meetings and preparing detailed work programs.Key...
-
Cyber Security Risk Management Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Acuative Middle East Full timeJob SummaryWe are seeking a highly skilled Cybersecurity Risk Specialist to join our team at Acuative Middle East. The successful candidate will be responsible for assessing and managing cybersecurity risks across the organization.Key ResponsibilitiesConduct regular risk assessments to identify vulnerabilities and threats, evaluate risk levels, and recommend...
-
Power Risk Management Specialist
6 days ago
Jeddah, Makkah Province, Saudi Arabia Marsh McLennan Full timePower Risk Engineer (AVP/VP)Marsh McLennan Description: We are seeking a highly skilled Power Risk Engineer to join our team in Dubai or Abu Dhabi. As a key member of our Advisory Team, you will be responsible for surveying client's power generation assets, producing risk assessments, loss estimates, and conducting training and benchmarking exercises.The...
-
Lead Risk Analytics Specialist
5 days ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob Title: Lead Risk Analytics SpecialistJoin the Islamic Development Bank's Finance Complex as a Lead Risk Analytics Specialist, where you will play a crucial role in shaping the bank's financial sustainability and projections analyses, credit rating analyses, Sovereign pricing, performance measurements, benchmarking, and balance sheet and asset-liability...
-
Power Risk Management Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Marsh McLennan Full timePower Risk Engineer (AVP/VP)Marsh McLennan Description: The Marsh Advisory Team is seeking a highly skilled professional for the position of Power Risk Engineer based in Dubai or Abu Dhabi.The role will be heavily client-facing, conducting site surveys of power generation assets, producing risk assessments, loss estimates, and delivering training and...
-
Senior Risk Management Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank (IsDB) Full timeJob PurposeThe purpose of this role is to oversee the implementation and execution of the Islamic Development Bank's (IsDB) model risk management framework. This involves participating in the development of model risk management policies and procedures, conducting ongoing model risk monitoring, undertaking model validation, identifying and reporting on model...
-
Risk Management Specialist
1 week ago
Jeddah, Makkah Province, Saudi Arabia SAUDI AIRLINES Full timeJob Purpose:The detection, investigation, and remediation of internal and external loyalty program abuse is a critical function within Saudi Airlines.This role requires a strong understanding of fraud detection and prevention controls, as well as the ability to develop and manage effective risk management strategies.Key Responsibilities:Develop and implement...
-
Lead Risk Analytics Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob Title: Lead Risk Analytics Specialist**Job Summary:**We are seeking a highly skilled and experienced Lead Risk Analytics Specialist to join our team at the Islamic Development Bank. The successful candidate will be responsible for leading the quantitative analytical functions for the Finance Complex, providing analytical support for the formulation of...
-
Risk Management Officer
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Wataniya Insurance Company Full timeJob SummaryThe Risk Management Officer at Wataniya Insurance Company receives and reviews applications for insurance coverage at the Grade (A) level of the risk scale. This involves assessing the risk factors and information provided by prospective clients to determine the acceptability of their applications based on the company's underwriting manual,...
-
Treasury Manager
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia The Bridge Associates Full timeKey ResponsibilitiesThe successful candidate will be responsible for:Collaborating closely with senior management to identify and mitigate financial risksProviding regular financial reporting and analysis to inform business decisionsDeveloping and implementing effective hedging and funding strategies to optimize cash flowOverseeing cash management and...
-
Credit Risk Manager
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob DescriptionThe Islamic Development Bank is seeking a highly skilled Credit Risk Manager to join its team. As a Credit Risk Manager, you will be responsible for evaluating trade finance proposals and conducting detailed due diligence, credit and financial analysis, risk scoring, and producing a risk-focused Credit Memorandum (CM) to support sound credit...
-
Senior Investment Reporting Specialist
1 week ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob PurposeWe are seeking a highly skilled and experienced professional to join our Investment Department as a Senior Investment Reporting Specialist. The successful candidate will be responsible for handling operational matters related to the Investments Department, assisting with operational due diligence and ODD evaluations, and executing capital calls...
-
Power Risk Management Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Marsh & McLennan Companies, Inc. Full timeAbout the RoleWe are seeking a highly skilled Power Risk Engineer to join our team at Marsh & McLennan Companies, Inc. in the Jeddah office. As a Power Risk Engineer, you will play a critical role in providing risk engineering services to our clients in the energy and power sector.Key ResponsibilitiesConduct risk assessments and surveys of power assets to...
-
Senior Integration Specialist
5 days ago
Jeddah, Makkah Province, Saudi Arabia MasterHR Full timeJob Title: Senior Integration SpecialistAt MasterHR, we are seeking a highly skilled Senior Integration Specialist to join our team. As a key member of our organization, you will play a critical role in developing and deploying integration components between our company and other systems.Key Responsibilities:Provide expert-level support for integration...
-
Senior Technical Talent Acquisition Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia PARK Senior Villas Chandler Full timeWe are seeking a skilled Technical Recruiter to join our HR department at PARK Senior Villas Chandler and contribute to the growth of our Product Development teams. Key responsibilities include:Key ResponsibilitiesCollaborate with Tech team leaders to forecast department goals and hiring needs, ensuring a seamless alignment with business objectives. Evaluate...
-
Senior Logistics Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Red Sea Global Full timeJob SummaryWe are seeking a highly skilled Senior Logistics Specialist to join our team at Red Sea Global. As a key member of our transportation operations team, you will be responsible for overseeing the movement of goods from one location to another, optimizing freight costs, and ensuring compliance with regulations.Key ResponsibilitiesTransportation...
-
Lead Cyber Risk Management Specialist
2 weeks ago
Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full timeJob SummaryWe are seeking a highly skilled Cyber Risk Management Lead to join our team at the Islamic Development Bank. The successful candidate will be responsible for supervising and guaranteeing the implementation and adoption of the Cyber Risk framework throughout the organization.Key ResponsibilitiesOversee the risks associated with the Bank's IT...