Business Risk Analyst-BBD (Outsource)

Location
United Arab Emirates

About the Job
This role’s primary goals are:

• Keeping all BBD SOPs/Memos/SLAs updated.
• Enhancing the existing Business Banking process and services.
• Identifying innovative processes and services offering to support the growth of Business Banking Division.
• Supporting the Relationship Management Team in the overall customer transactions and queries.
• Ensuring that the products and services offering are in line with the company overall strategy, goal & Sharia Guidelines.
• Liaising with the business partners to ensure smooth functioning of the department.

Key Accountabilities
Data Analysis Responsibilities:

• Collect, clean, and validate data from GCD, ODD, and risk systems for accuracy.
• Analyze relationship exit data to identify delays, trends, and root causes.
• Develop dashboards and visual reports for RIM closures and account exits.
• Perform data analytics on AML/Sanctions queries to detect recurring issues.
• Maintain and update system access matrix data using analytical checks.
• Conduct variance analysis between planned vs. actual risk mitigation timelines.
• Perform KRIS scoring and ensure accurate data input in GRC systems.
• Track and analyze BBD RFIs data for response timelines and escalation patterns.
• Conduct regulatory gap assessments using structured data comparison.
• Prepare MIS reports and trend analysis for senior management.
• Monitor KRIs and KPIs using data visualization tools; escalate breaches.
• Perform thematic reviews based on data signals from audits or regulatory changes.
• Conduct root cause analysis on high-risk events using historical data.
• Automate data collection and reporting processes for efficiency.
• Develop predictive models to anticipate risk events based on historical patterns.
• Act as focal point for GCD queries related to AML/Sanctions and ensure timely resolution.
• Maintain accurate records and follow-up for GCD-related relationship exits.
• Review and update system access matrix based on business needs and compliance.
• Identify gaps through RCSA CT and propose corrective actions.
• Coordinate with Ops, GCD, Business, ITD, ORM, and FRM for closure of ARR findings.
• Ensure timely closure of audit observations and regulatory findings.
• Represent BBD in FCC Enterprise-wide Risk Assessment exercises annually.
• Support ODD processes by monitoring periodic reviews and ensuring compliance.
• Assist in FATCA and CRS-related risk control activities.
• Participate in risk governance forums and provide insights on emerging risks.
• Maintain strong documentation standards for all risk-related activities.
• Train business teams on AML, sanctions, and risk control requirements.

Requirements

• 4-6 years of banking experience, with 3+ years in a support function.
• 6 years of experience in data analysis.
• Strong analytical and problem-solving skills.
• Requires a thorough knowledge of the department or business unit’s functional area or products.
• Excellent time management, planning, and organizing skills.
• Team leadership and people development capacity.
• Understanding of commercial drivers within business.
• Working knowledge of general bank policies, programs, and procedures.
• Good understanding of technological issues with sound analytical ability and PC skills.