Company DescriptionFAB, 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 Technology Risk Management function is part of the group\'s Risk Management Group and provides second line Technology Risk oversight for the bank.As the Vice President Technology Risk Management, you will play a critical role in establishing and maintaining an effective technology risk management framework and culture within the organization.You will be responsible for designing, implementing, and overseeing the technology risk framework, governance, policies, and processes, ensuring alignment with the company\'s strategic objectives.The job purpose is to manage the development and implementation of the Groups technology risk management framework and governance structures, including appropriate oversight of the identification, measurement, control, monitoring and reporting of technology risk across the Group.Key objectives of the job are as follows:

• Systematic alignment, resilient oversight and close collaboration between Technology Risk Management and the Group on technology risk matters.
• Functional risk review and oversight of all aspects of technology risk management.
• Manage risk functional oversight and the implementation of an effective technology risk framework that includes the identification, measurement, control, monitoring and reporting of technology risk across the Group.

In doing this, he/she will work closely with other Group Risk Management, Group Technology and other relevant business units to ensure the Group methodologies, policies, procedures, and frameworks are established.Incumbents are expected to develop key stakeholder relationships and collaborative engagement with their counterparts in Group subsidiaries.KEY ACCOUNTABILITIES:Strategic Contribution

• Ensure effective cascading of the functional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.

People Management

• Support the Head of Technology Risk in:
• Managing the effective achievement of assigned objectives through the leadership of the Technology Risk team by setting of individual objectives, managing performance, developing and motivating staff to maximise sectional performance.
• Lead the talent development initiatives for the assigned department, collaborating with technical/discipline experts and thereby ensure the availability of talent to fit business requirements.
• Act as a role model and drive adherence to organisational values and ethics by employees of the assigned department to foster a value driven culture within the Group.

Budgeting and Financial Planning

• Support the Head of Technology Risk in the and preparation and recommendation of the function\'s budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines.

Policies, Systems, Processes & Procedures

• Support the Head of Technology Risk in:
• Managing and ensuring effective implementation of Technology Risk functional frameworks, policies, procedures, including relevant elements of the Operational Risk Management framework.
• Champion the development of a technology risk culture in order to drive heightened awareness and understanding of prudent technology risk management practices.
• Advise and provide guidance to key stakeholders across the Group on technology risk (including governance and regulations) so that they are equipped with the necessary knowledge and capability to take risk-based decisions on behalf of the bank.
• Liaise with relevant Risk Committees (including Sub-Committees) to ensure technology risk oversight, provide guidance and support as necessary in order to enable the effective implementation of an effective technology risk management process.

Vendor Management

• Liaise with Procurement department in order to initiate procurement requests and conduct vendor negotiations in order to obtain a high quality and cost-effective service.
• Ensure effective evaluation of systems proposals and provide recommendations in order to support accurate identification / acquisition of appropriate systems to suit business requirements.
• Attend and participate in the vendor selection to review and approve the quotations, timeframe, costs, functionality, quality assurance, user satisfaction in order to meet the user requirements while ensuring adherence with overall Central Procurement policy standards.
• Lead the provision of technical expertise in developing RFPs and RFQs relevant to all product and services requirements; participate in the preparation of tendering and contractual documentation to ensure cost effective and quality services are obtained for group\'s related contracts.

Continuous Improvement

• Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Ensure that all department reports are prepared timely and accurately and meet Group requirements, policies and quality standards.

Job Context * Develop and Implement Technology Risk Framework: Design and implement a robust technology risk management and governance framework that aligns with industry best practices and regulatory requirements. This framework will encompass risk identification, assessment, monitoring, and reporting across all business units and functions.

• Technology Risk Policies and Procedures: Establish comprehensive technology risk policies, procedures, and guidelines that clearly outline technology risk management principles, responsibilities, and authorities. Regularly review and update these policies to reflect changes in the business landscape and regulatory environment.
• Technology Risk Oversight and Reporting: Oversee technology risk-related activities across the organization and ensure adherence to established risk limits. Provide regular reports to senior management and the Board of Directors on the overall technology risk profile, emerging risks, and the effectiveness of risk management efforts.
• Technology Risk Awareness and Training: Foster a strong risk-aware culture within the organization through training programs, workshops, and communication initiatives. Educate employees about risk management principles and their roles in mitigating technology risks.
• Stakeholder Collaboration: Collaborate closely with internal stakeholders, including technology, business units, finance, legal, and compliance, to identify and address risks proactively. Develop strong working relationships to promote a risk-aware culture at all levels of the organization.
• Risk Assessment and Scenario Analysis: Lead technology risk assessment exercises and scenario analysis to identify potential vulnerabilities and assess the impact of various risk factors on the company\'s operations and financial performance.

Risk Committee Management: Coordinate and manage inputs to relevant risk committees or working groups, where technology risk material is being presented, ensuring effective communication and engagement with committee members, including senior management and board members.#LI-SD1QualificationsMinimum Qualification

• Advanced/post-graduate qualifications in computer science, information technology, engineering or similar.
• Undergraduate qualifications in computer science, information technology, science, engineering or similar.
• Master\'s degree in Business Administration or related discipline is preferred.
• Related financial industry certifications are preferred (e.g., CRISC, CISM).

Experience:

• Preferably 15+ years proven relevant experience in financial services industry.
• Minimum 10+ years\' experience in a technology risk management function.
• Preferably with experience in consulting, transformation and change management.
• Experience with both wholesale and retail banking.

Competencies:

• Proven track record of developing, implementing, and managing change projects, preferably risk management transformations.
• Proven experience in dealing with wide variety of internal and external stakeholders.
• Strong communication and presentation skills.
• Strong people management and inter-personal skills.

Strong presentation skills.

First Abu Dhabi Bank