Background

DIB Bank Kenya Limited (DIBBKE), is a fully owned subsidiary of Dubai Islamic Bank PJSC (AE) - a pioneering institution that has combined the best of traditional, Shariah values with technology and innovation that characterize the best of modern banking.

Job Purpose

The role holder will be responsible for ensuring compliance with the regulatory guidelines on the Capital Management, ICAAP and Stress Testing. This role will also cover assessment of capital requirement on quarterly basis and measuring all the financial risks of the Bank and prepare RIMC and BRIT presentations.

Key Responsibilities

• Prepare capital planning as per the internal projections and planning and monitoring this under baseline and stress scenarios
• Coordinate with stakeholders for the implementation/reporting of Pillar Il as per best practices (including economic forecasting and stress testing).
• Liaise with external stakeholders for Basel reporting and keep up to date with the latest guidelines from regulators and auditors.
• Coordinate with auditors, consultants and regulators related to Basel reporting.
• Prepare reports for senior management detailing capital ratios and other risk areas as per the internal reporting requirements.
• Monitoring Of capital risk limits against internal and regulatory limits.
• Communicate and engage with Finance Department, IT, RMD and other stakeholders to streamline the data processing, reporting and preparing for internal and regulatory reporting.
• Develop and perform Scenarios and stress tests for Capital and provision management at group level.
• Develop understanding on Islamic products and regulations.
• Develop model required for executing ICAAP and stress testing.
• Review team performance and deliverables in line with the approved KPl’s to ensure meeting desired objectives
• Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
• Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAS of the department

Job Specification

Education

• Bachelor’s Degree in BCom Finance, Accounting or Actuarial Science

Training / Skills

• Risk Management
• Credit Risk Management
• Enterprise Risk Assessment (EWRA)
• Reputational Risk Management
• Risk Policy design and development
• Analytical Ability
• Governance and Risk Quality Assurance Management
• Internal Capital Adequacy Assessment Process (ICAAP) and Reporting
• Operational Risk Management

Work Experience

• Minimum 7 -8 Years of which 4 should be in a managerial role

Competencies

• Think & Act Customer
• Business & Strategic Acumen
• Ownership & Accountability
• Digital Mindset
• Change & Innovation Agility
• Plan & Execute to Excel
• Develop Self & Nurture Teams
• Forster Synergy
• Interpersonal Effectiveness

• Prepare capital planning as per the internal projections and planning and monitoring this under baseline and stress scenarios
• Coordinate with stakeholders for the implementation/reporting of Pillar Il as per best practices (including economic forecasting and stress testing).
• Liaise with external stakeholders for Basel reporting and keep up to date with the latest guidelines from regulators and auditors.
• Coordinate with auditors, consultants and regulators related to Basel reporting.
• Prepare reports for senior management detailing capital ratios and other risk areas as per the internal reporting requirements.
• Monitoring Of capital risk limits against internal and regulatory limits.
• Communicate and engage with Finance Department, IT, RMD and other stakeholders to streamline the data processing, reporting and preparing for internal and regulatory reporting.
• Develop and perform Scenarios and stress tests for Capital and provision management at group level.
• Develop understanding on Islamic products and regulations.
• Develop model required for executing ICAAP and stress testing.
• Review team performance and deliverables in line with the approved KPl’s to ensure meeting desired objectives
• Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.
• Ensure all assigned tasks and projects are executed within the approved policies, procedures and SLAS of the department

• Risk Management
• Credit Risk Management
• Enterprise Risk Assessment (EWRA)
• Reputational Risk Management
• Risk Policy design and development
• Analytical Ability
• Governance and Risk Quality Assurance Management
• Internal Capital Adequacy Assessment Process (ICAAP) and Reporting
• Operational Risk Management

• Bachelor’s Degree in BCom Finance, Accounting or Actuarial Science