Identifies Key Risk Indicators (KRI) and tolerance levels, where appropriate in respect of major risks facing the bank through workshops and meetings with Risk Owners
Records and maintains the risk register for Risk events and risk indicators, with an analysis and prioritise actions to mitigate associated risks.
Ensures that Risk Management Programmes are maintained and up to date with current developments and trends within the industry and in keeping with Group policies and that they are appropriate for the bank.
Develop and enhance the risk management framework, policies, and procedures specific to Islamic banking to effectively identify, assess, and mitigate risks.
Monitor and analyse internal and external risk factors
Assist to ensure compliance with regulatory requirements related to risk management and Islamic banking principles.