Head of Risk Architecture and Data Management

Role Overview

Head of Risk Architecture and Data Management at ADIB, located in Abu Dhabi. This Senior Manager role reports directly to the Head of Enterprise Risk Management Group.

Role Purpose

Provide technical leadership and project management support in implementing rating models, scorecards, and the Group Risk Management Data Management Framework. Deliver advanced quantitative analytics to support the Risk Management function, lead IFRS 9 project initiatives, and oversee risk applications architecture, data science, and process optimization across the Enterprise Risk Management Group.

Key Responsibilities

Data Management Framework

• Implement a comprehensive Data Management Framework for managing risk data including capturing, organizing, storing and analyzing for development, validation and implementation of Risk Rating Models and scorecards.
• Device a rigorous and formal Data Management Framework to support the development and validation of accurate models.
• Design data tracking and monitoring tools.
• Implement a data management process for systematic identification of data sources, regular and frequent collection, rigorous data quality review and control, secure storage and controlled access and robust system infrastructure.
• Ensure data quality review and standard checks to assess the data completeness, accuracy, timeliness, uniqueness and traceability.
• Formulate management techniques for quality data collection to ensure adequacy, accuracy and legitimacy of data.

Data Science and Analytics

• Lead implementation of policies, procedures and systems designed to organize and structure the management of data employed for modelling.
• Analyze and validate data, ensuring data security.
• Provide analytics and quantitative support as and when necessitated.
• Assist Risk Analytics teams in development, recalibration and validation of Risk and statistical models by carrying out data preparation and segmentation, analysis, testing and validation tasks.
• Assist in validation of the deployed models.

Risk Rating Models and Systems

• Implement risk rating models and scorecards in the Bank's systems ensuring compliance with IFRS 9 and Basel requirements.
• Provide technical leadership and project management support in implementation of rating models.
• Lead all upgrade and migration of current or legacy systems to upgraded versions or new software along with IT team.

Project Management and Leadership

• Lead project-based teams for specialized projects within Enterprise Risk Management Group.
• Prepare detailed project plans to schedule key project milestones, workstreams and activities.
• Manage resources and teams as well as tracking projects and provide regular reports to key stakeholders.
• Prepare project plans including work breakdown structure, schedules, responsibilities and key milestones.
• Report and present project status updates to key stakeholders and Steering Committee of the Bank.
• Lead Project Management Office for ERM Risk IT projects implementation and perform vendor and resource management.

Agile and SCRUM Leadership

• Provide a framework to develop programs and manage complex projects successfully.
• Manage timelines, resolving problems and coaching team members on AGILE methodologies.

Vendor Management

• Evaluate vendors for Enterprise Risk Management software and services by preparation of RFP documents, review and evaluate vendors' RFP responses.
• Conduct product evaluation sessions and feasibility and analysis studies, negotiate contracts and agreements and liaise with legal department.

Regulatory and Capital Modelling

• Work in coordination with and as back-up to the ICAAP and Stress Testing unit within GRM regarding capital models, stress testing scenarios, models, data and any triggers.
• Manage reporting for Senior management or regulator.

Operational Risk

• Lead Operational Risk activities within ERM and ensure implementation of RCSA, KRI, Control Testing, Issues and deliverables for ERM Group.
• Provide training on GRC system.

Information Security

• Lead GISD bank level initiatives from trainings, system reviews to access review for all systems in Risk as Business Information Security Officer.

Enterprise Risk Management Support

• Support the Head Enterprise Risk Management Group in all Enterprise Risk Management projects and initiatives.

Qualifications & Experience

• 10–15 years of relevant experience in Risk Management with at least 5 years in a managerial role leading in Basel, IFRS 9, Risk Architecture, Risk Analytics, credit modeling within Risk Management.
• An undergraduate or graduate degree in a quantitative discipline from a reputed university such as Mathematics, Computer Information Science, Statistics, Finance, Accounting or any other related field.
• Robust knowledge of risk management best practices and regulatory requirements including Basel II and Basel III and IFRS 9 regulations.
• Sound knowledge of risk governance frameworks and prudential regulations including the Basel Accord.
• Experience working in Enterprise Risk Management, Risk Architecture, Risk Analytics and Basel domain.
• In-depth knowledge of banking operations, financial markets and products.
• Experience of large and complex data sets, data management and analytics.

Skills & Competencies

• Excellent Project Management, Basel, Risk modeling, Big Data, SCRUM, Agile, Data Science skills.
• Advanced user of statistical software (SAS, Python, R).
• Expertise in modern database and information system technologies.
• Strong knowledge of Information Technology systems, Risk Management systems, tools, applications and relational database management system.
• Software development and coding is a plus.
• Proficiency in risk concepts, banking products, operations, systems, and pertinent regulatory requirements.
• Advanced quantitative analysis and finance skills.
• Ability to work independently on multiple tasks or projects.
• Excellent oral and written communication skills in English.
• Ability to understand and clearly relate to other members of the organization with respect to Project Management activities, technology, software and technical specifications.
• Strong initiative and positive work attitude and confidence, eager and willing to take on new challenges.
• Flexible team player and able to work and deliver under pressure.
• Ability to inspire and motivate others to gain commitment.
• Team player and leader with the ability to lead and work very effectively in a collaborative and team-oriented manner with other team members.
• Cooperative with good interpersonal, leadership, negotiation and conflict resolution skills.
• Detail-oriented and able to multitask.

Additional Information

The role requires independent thinking, strong communication, and interaction with all stakeholders within the bank.