Divisional Banking Operations Leader
4 days ago
The position of Divisional Head: Banking Supervision is a key role within our organization. As the head of the Banking Supervision Division, you will be responsible for providing strategic direction and managerial leadership to ensure the financial soundness and sound governance of banking entities under the division's supervision.
Main Responsibilities:
- Promote the safety and soundness of banking entities under the division's supervision.
- Develop and implement strategies aligned with the overall Prudential Authority (PA) strategy and departmental objectives.
- Contribute to the development and refinement of the supervisory approach for banking entities under the division's supervision.
- Manage the supervisory oversight of banking entities under the division's supervision, including leading day-to-day supervision and directing the application of appropriate supervisory practices.
- Identify, assess, and escalate key risks and respond to risk indicators within the department.
- Maintain records and correspondence of banking entities and groups allocated to the division.
- Ensure compliance with regulatory frameworks and legislative requirements.
- Manage decision-making frameworks, protocols, and procedures.
- Lead performance and development management of direct reports and foster a performance culture.
Requirements:
- A postgraduate qualification in Accounting, Banking, Economics, or a relevant field.
- A minimum of 10-12 years' experience in the banking sector, regulatory environment, or financial auditing, with at least five years in a managerial role.
Key Skills:
- Problem-solving and analysis.
- Planning and organizing.
- Verbal and written communication.
- Financial and business acumen.
- Confidentiality.
- Knowledge of prudential supervision, regulation, and legislation.
- Understanding of corporate governance and risk management practices.
- Expertise in core principles for effective banking supervision and Basel III capital framework.
- Familiarity with human resources policies and procedures.
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