Looking for a Chief Risk and Compliance Officer (CRCO) to be involved in developing strategies and countermeasures to manage risks, reporting exposures to executives and the board, and fostering a strong risk and compliance culture across the organization.
Key Responsibilities
- Risk Assessment and Mitigation:Identifying and evaluating various risks, including financial, operational, strategic, and technology-related risks.
- Policy Development:Creating and implementing policies and procedures to manage identified risks and ensure regulatory compliance.
- Compliance Monitoring:Maintaining adherence to laws, regulations, and industry standards, and ensuring internal controls are effective.
- Reporting and Strategy:Providing expert advice and detailed reports to the CEO, board, and other executives on risk exposures and mitigation strategies.
- Crisis Management:Leading crisis response efforts and implementing corrective measures when issues arise.
- Culture Building:Promoting a strong risk and compliance culture by training employees and coordinating efforts across the organization.
Key Skills and Qualifications
- Strategic Thinking:A strategic mindset to develop proactive solutions for complex risk environments.
- Analytical Skills:The ability to analyze complex data and information to identify risks and develop effective mitigation plans.
- Leadership:Strong leadership skills to guide risk and compliance efforts across the organization.
- Regulatory Knowledge:Deep understanding of relevant laws, regulations, and industry requirements.
- Communication:Effective communication skills to report to the board and senior management and collaborate with other executives.
Job Type: Full-time
Pay: From AED60,000.00 per month
Education:
Experience:
- Chief Risk Compliance Officer : 10 years (Preferred)
- Banking : 10 years (Preferred)
- Financial institution : 10 years (Preferred)
- managing the board members: 10 years (Preferred)
Language:
- English (Preferred)
- Arabic (Preferred)