This highly respected publicly listed investment and development company has a long history of delivering profits and dividends to its stakeholders. With a bedrock of fruitful investments at its core, the business has historically demonstrated a conservative risk appetite.
The business is currently ready for its next stage of evolution which will require a more aggressive investment thesis and the group’s expansion into new areas. The vision moving forward is to create a more diversified portfolio that grafts seamlessly on to the forward looking growth trends of the GCC. The company requires an experienced and seasoned Chief Risk Officer to help write the next chapter of the institutions history.
The organisation is focused on developing best practices as it relates to Risk. The Chief Risk Officer will be seasoned and experienced and comfortable developing risk infrastructure from scratch. As it is said “it is not the slowest car with the best brakes but the fastest”; having a robust risk approach is not about inhibiting risk but about taking on more risk but in a responsible way that enhances the bottom line of the business.
As the Chief Risk Officer you will be one of the five most senior officers in the organisation with accountability for creating a “Risk Culture” in the organisation. The ideal candidate will have exposure to both investment banking and retail banking risks. While this is an investment bank, it does hold various financial services assets some of which touch on retail banking transactions.
The chosen candidate will have an entrepreneurial spirit and be able to move between the investment company and its investment portfolio companies as well with an aim of adding value from a risk perspective. Over all the preferred candidate will be seen as a pillar of expertise within the organisation and be dedicated to delivering a best in class risk department for the businesses and its subsidiaries.
|Job Location:||Muscat, Oman|
|Degree:||Bachelor’s degree / higher diploma|