• 2.7.6 Capital management


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    Description of role

    Responsible for capital management planning and ICAAP development.

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    Core skills

    • Knowledge of risk based capital management tools
    • Knowledge of regulatory capital approaches, measures and tools
    • Understand capital allocation approaches
    • Understand quantitative controls relevant to capital management
    • Knowledge of capital stress tests and interpretative tools
    • Knowledge of asset and liability management approaches
    • Knowledge of risks underlying activities markets and products
    • Knowledge of prudential reporting requirements
    • Knowledge of enterprise risk management framework
    • Knowledge of IRSB, AAOIFI and IFRS
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    Qualification and/ or certification

    • QFSQF Level 3
    • FRM / PRM or equivalent qualifications would be useful
    • Relevant experience

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    Industry knowledge

    • Knowledge of relevant Islamic banking products and services

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    Regulatory compliance of role

    • Knowledge of banking regulatory framework
    • Knowledge of Basel II / III
    • Knowledge of ICAAP