VP- Data Management Credit Risk

FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry

JOB PURPOSE:

The job holder is responsible for managing the development, implementation and maintainenance of Risk Data Governance & Quality in alignment with Enterprise Data Governance. They are accountable for setting direction and ensuring alignment with business objectives with regards to how data is managed across the business organization. The job holder is responsible for implementation of data management standards including but not limited to setting up of KPI, reports, dashboards aligned with BCBS239, Basel III/IV, Internal Model Based Regulatory Capital, GDPR, Dodd – Frank etc.

The job holder is also a key member of the Enterprise data management and is expected to play an important role in influencing and providing direction to the data management community.

KEY ACCOUNTABILITIES:

Strategic responsibilities

• Contribute to the development of the Risk Organization Data Strategy and support data management in line with strategic business objectives and FAB cultures and values.
• Responsible for the development and oversight of data governance framework, standards, practices, policies, and processes.
• Lead the development of the Data Management function as a center of excellence committed to ingraining a data-driven decision-making culture across the business organization, teaming with external partners, and offering end-to-end data services.
• Undertake the monitoring and analysis of latest strategic, technological, and regulatory trends within the organisation and on a global scale.
• Anticipate challenges and risks associated with the management of data as a strategic asset and promotes action that produces optimal outcomes.

People Management responsibilities

• Supports the process of establishing goals and key performance indicators in alignment with the Enterrpise Data Governance Office and monitors these goals and indicators on a periodical basis.
• Leads by example, encourages self-direction amongst other members of the team.
• Supports the development of data management awareness and understanding across the organization.
• Actively seeks out opportunities for collaboration across the organization for data related initiatives.

Core responsibilities.

• Responsible for the development, and implementation of the data management program, standards, policies, and procedures within the Business Unit.
• Responsible for maintainenance of risk data warehouse from data management.
• Support the designing and development of the risk data strategy components.
• Contribute to the development and implementation of data governance policies, standards, and procedures.
• Manage relationships across the business unit to define and manage data properly e.g., Business Definitions, Business Rules, etc.
• Help Risk modelling teams with design and execution of appropriate education within business unit and awareness activities that promote the importance and direction of data governance activity.
• Promote sharing and reuse of data assets across the organization.
• Maintaining external data partnerships and relationships with external data stakeholders (regulators, vendors, SMEs etc.)
• Manage the development and ongoing maintenance of data definitions, standards, lineage, and other data governance artifacts as part of the data catalogue.

Job Context

Specific Accountability

• Responsible for development and operational aspects of the organizational data governance framework and advising on strategic decisions in line with business priorities and international best practice.
• Align with strategic priorities of the Group Risk Management to support business unit in meeting strategic objectives.
• Contribute to prioritization of work related to business unit and alignment with activities on cross business unit level.
• Attending and contributing to Data Stewards community under DGO leadership with focus on documenting current situation and resolution of issues which impacting business unit.
• Maintain Data Dictionaries related to the business unit within standardized Data Governance solution.
• Function as single contact for business unit within group Data Governance and Quality operating model.
• Contribute to resolution of Data Quality issues from business unit.

KPIs

• Responsible for development and operational aspects of the business unit data governance framework and advising on strategic decisions in line with business priorities and international best practice.
• Responsible for keeping all assets owned by the business unit up to date and stakeholders from different business units informed about any changes to ensure transparency across the organization.
• Responsible for definition and approval of all Data Governance and Quality assets, KPIs and goals aligned with business unit.
• Responsible for operational readiness of risk data mart to meet strategic and operational objectives

#LI-SD1

Minimum Qualification

• Engineering Graduate/MBA with technical education in data related discipline

Minimum Experience

• 10-12 years of relevant experience in the banking sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in the Data Management function.
• Should have technical knowhow to operate hands on.

Knowledge, Skills, and Attributes:

Knowledge and Skills

• Good knowledge of Data Governance and Data Quality programs, frameworks, policies, and procedures.
• Experience working on strategic programs and by synthesizing business requirements and priorities with existing organisational capabilities.
• Track record of successfully delivering business value attributed to improved data management practices.

Attributes

• A reliable and trustworthy person, able to anticipate and deal with the varying needs and concerns of numerous stakeholders adapting personal style accordingly.
• Adaptable and knowledgeable who can discuss a variety of data management situations with both IT and business stakeholders.