Head of Enterprise Risk Management

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First
Basic information
Job role
Finance
Career level
Director (10-20 years)
Keywords
Head of Enterprise Risk Management - ERM - Banking
People
Second
Description
  • Lead the enterprise risk management framework across the bank, identifying and mitigating risks.
  • Develop and maintain risk management policies, strategies, and programs.
  • Work closely with executive leadership to align risk management with organizational goals.
  • Monitor and assess internal and external risk factors, providing recommendations to minimize potential impacts.
  • Ensure compliance with local and international regulatory frameworks.
  • Establish effective communication across all levels of the organization to ensure risk awareness and training.
  • Manage risk reporting and governance processes, providing regular updates to the board and senior leadership.
  • Introducing frameworks for ICAAP, Risk Appetite & Stress Testing and perform regular updates for renewal. Present for relative approvals by Board Risk Committee and Board of Directors.
  • Develop Stress Testing methodologies for all types of risk. Execute these methodologies practically and identify the impact on profitability and capital adequacy.
  • Conduct and present quarterly ICAAP to Group Risk Management and Board Risk Committee, a comprehensive ICAAP report is submitted annually to the Board of Directors and CBE.
  • Introduce Strategic Risk framework and present for relative approvals by Board Risk Committee and Board of Directors.
  •  Perform Strategic Risk management in terms of assessing budgetary metrics and strategic initiatives, analyze deviations from business plan and recommend mitigating actions.
  • Prepare and present strategic risk reports to Group Risk Management and Board Risk Committee.
  • Prepare Bank’s Risk Appetite Statement and Risk Profile reports in coordination with other risk management departments. set the risk appetite parameters and limits and recommend CRO review and approval.
  •  Developed Recovery Plan in coordination with an external consultant to apply best practices. Recovery Plan is prepared to comply with CBE law 194/2020 article 94 and relative guidelines has been approved and submitted to CBE as an early submission as of 2021.
  • Assess regulatory changes and their impact on the bank’s risk profile and strategic objectives.
Requirements
  • Bachelor’s degree in Finance, Business, Risk Management, or a related field from a reputable university.
  • Minimum of 15 years of experience in risk management, with at least 6 years in a senior leadership role.
  • A master’s degree or relevant certifications (e.g., FRM, CFA, ERP) is preferred.
  • In-depth knowledge of risk management tools, regulatory requirements, and banking operations.

 

Third
Company information
Industry
Banking
Area
New Cairo