Manager, Risk Capital

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.
CBD has been recognized as the number one bank in the UAE on the Forbes list of The World's Best Banks 2022.
As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

Principal Accountabilities:

1. Assist in maintaining the Bank's Stress Testing and ICAAP framework, methodologies, and documentation.
2. Collect, analyze, and interpret data to support Stress Testing and ICAAP activities.
3. Prepare RMCC/BRCC presentations for the ICAAP methodology endorsement and approval of the ICAAP document.
4. Address all action points (CBUAE, Internal Audit, External Audit, etc.) related to Stress Testing/ICAAP.
5. Provide support for the development, maintenance, and validation of Stress Testing and ICAAP models.
6. Maintain documentation and Model inventory for all Pillar II/Stress Testing models.
7. Perform model monitoring/back-testing of all Pillar II/Stress Testing models as per the schedules agreed with Model Oversight Committee.
8. Address data and information requests for Internal/External audit reviews of Stress Testing/ICAAP.
9. Contribute to the development and analysis of stress testing scenarios.
10. Run quarterly Pillar II/Credit Sensitivity analyses for management committee submissions.
11. Ensure compliance with regulatory requirements related to ICAAP and Stress Testing.
12. Coordinate with various stakeholders, including risk owners, business units, and regulatory authorities.

Desired Candidate Profile

Education and Experience:
10+ years of experience in risk management, financial analysis, or a related field.
Experience with ICAAP or Stress Testing methodologies is preferred.
Basic understanding of credit risk processes, accounting principles, and Basel guidelines.