We are seeking a meticulous and proactive Analyst Operational Risk to join our Retail Banking team in Dubai, UAE. This role is critical in ensuring operational excellence and regulatory compliance across our banking activities. You will play a key part in identifying process inefficiencies, mitigating risks, and embedding a culture of strong governance throughout the organization.
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What You’ll Be Doing
- Identify and review processes within the Retail Banking Unit to uncover operational and regulatory gaps.
- Collaborate with business units to develop actionable plans with clear ownership and timelines to address identified risks.
- Recommend process improvements and control enhancements to strengthen operational resilience.
- Share insights and learnings across teams to foster a culture of continuous improvement.
- Support governance initiatives and help instill best practices across all sub-units.
- Assist in investigations of operational risk events, fraud incidents, and regulatory reviews.
- Map business processes to operating procedures and relevant regulatory requirements.
- Analyze system-generated and manually maintained data, ensuring alignment with documented processes.
- Identify and document discrepancies between data and process execution.
- Engage with units to understand task execution and highlight deviations from best practices.
- Review customer communications for compliance with CPF and regulatory guidelines.
- Evaluate internal MIS reports to identify gaps and opportunities for enhancement.
- Support RCSA control testing, KRI monitoring, and periodic risk reviews.
Requirements
- Bachelor's degree in Commerce, Finance, IT, Engineering, or a related field.
- Strong analytical and problem-solving skills.
- Familiarity with regulatory frameworks and risk management practices.
- Excellent communication and documentation abilities.
- Ability to work collaboratively across teams and influence stakeholders.
What’s In It For You
- Competitive, performance-linked compensation.
- Medical coverage for you and your family.
- Comprehensive life insurance.
- Inclusive and diverse workplace culture.
- Career development and fast-track growth opportunities.
- Mentorship from industry experts.
