Main Responsibilities:
A. Shareholder & Financial:
Assist the SVP of Financial Risk Management in developing long-term financial strategies aimed at maximizing shareholder value while maintaining prudent policies.
Contribute to the development and monitoring of Key Performance Indicators (KPIs) for personnel responsible for financial risk management, ensuring performance aligns with strategic goals.
Implement KPIs and best practices for the AVP Sundry Accounts & FRM Controls role.
Promote cost-consciousness, operational efficiency, and productivity enhancements to minimize costs and avoid waste, thereby optimizing benefits for the bank.
Monitor limits and exposures to improve profitability, ensuring compliance with approved consolidated limits set by the Board.
Develop mechanisms for timely and balanced disclosure of material matters concerning the Group, ensuring compliance with relevant laws, including QCB regulations and international standards.
Operate within delegated authority, delegating tasks appropriately and monitoring their exercise.
Demonstrate a clear understanding of key factors influencing the bank’s financial and non-financial performance.
B. Customer (Internal & External):
Maintain and strengthen relationships with regulatory authorities to ensure compliance with all reporting requirements.
Liaise with QCB officials, external auditors, and other stakeholders on financial reporting, emerging trends, and standards.
Provide timely, accurate information to auditors, compliance, and risk management teams as required.
Assist internal and external customers with inquiries regarding bank products and facilitate solutions.
Ensure activities adhere to SLAs with internal departments to improve turnaround times.
Build effective relationships with related departments/units to support Group objectives.
Provide accurate data and documentation to auditors, compliance, financial control, and risk teams.
C. Internal (Processes, Products, Regulatory):
Monitor daily/monthly sundry and suspense accounts, ensuring timely distribution and execution of controls.
Identify areas for process optimization related to monitoring and controlling these accounts.
Implement robust processes and controls to mitigate risks associated with sundry accounts within GFCD.
Collaborate with relevant divisions to address sundry & suspense account issues and adapt processes with new capabilities.
Oversee the periodic closing/cleaning of sundry accounts through effective communication with departments.
Review and analyze sundry accounts, ensuring inquiries are logical and relevant.
Monitor FX translation impacts and analyze balance sheet/profit & loss movements.
Oversee IFRS-9 compliance, loan loss provisions, and operational losses, ensuring regulatory adherence.
Participate in projects aimed at operational efficiency, risk reduction, and technological enhancements.
Supervise internal financial controls and recommend improvements to prevent financial losses.
D. Learning & Knowledge:
Maintain advanced knowledge of financial risk management, sundry accounts, and relevant regulations.
Develop and train the financial risk management team to ensure effective risk control practices.
Continuously seek professional development opportunities.
Conduct performance assessments for direct reports and address grievances or conflicts promptly.
Identify staff development needs and facilitate coaching for greater responsibilities.
Stay current on industry developments and best practices, sharing knowledge across the team.
E. Legal, Regulatory, and Risk Framework Responsibilities:
Ensure compliance with all applicable legal, regulatory, and internal policies, including AML & CTF, sanctions, data protection, fraud control, and conflict of interest policies.
Support risk management frameworks including RCSA, KRIs, incident reporting, and operational risk assessments.
Maintain knowledge and qualifications to perform role effectively.
Complete mandatory training and attend seminars to stay updated on regulatory changes.
Promote a culture of good conduct and risk awareness aligned with the Three Lines of Defence.
Support regulatory audits and inspections, providing necessary documentation and assurance.
F. Other:
Uphold high standards of data confidentiality and integrity.
Protect sensitive customer and internal information, sharing only on a need-to-know basis.
Maintain professional conduct to strengthen QNB’s reputation and leadership.
Perform ad hoc duties as assigned by management to support departmental and organizational objectives.
Education & Experience Requirements:
Bachelor’s degree in Banking, Finance, Accounting, Economics, Business Administration, Information Technology, or related fields.
Minimum of 10 years of relevant experience, preferably within a highly-rated international bank.
Professional certifications such as CPA, CA, CMA, CFA are a plus.
Strong understanding of financial risk management, controls, and regulatory compliance.
Proven experience in monitoring, reporting, and managing sundry accounts and operational risks.
Excellent analytical, communication, and interpersonal skills.
Ability to work under pressure, lead initiatives, and collaborate effectively across teams.
You will be redirected to the company website to apply for this position