ABOUT THE ROLE
In line with group values, the Risk Officer will manage and deliver reliable and updated Operational, Financial, Compliance, Business Continuity, and Information Security risk registers. This role acts as a key second line of defense for clients, ensuring that operational, regulatory, technology, cyber, conduct, and third-party risks are properly identified, monitored, and managed.
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RESPONSIBILITIES
- Manage and control the risk assessment process to ensure that key processes are covered and critical deficiencies are identified.
- Produce and generate Feasibility Studies, Risk Reports, Management Information Packs, risk updates, and GRC software reports.
- Manage the sharing of risk information internally across the organization and externally to stakeholders to enable proactive risk management and an effective controls environment.
- Develop and maintain the Enterprise Risk Management framework, Risk Appetite Statement, and Key Risk Indicators.
- Own and update risk policies, procedures, and risk governance documentation.
- Maintain the Risk Register across operational, regulatory, financial, security, conduct, technology, and third-party risks.
- Provide risk reporting and insights to senior management, the Board, and relevant committees.
- Assess risks related to new products, digital assets, technology infrastructure, and cybersecurity.
- Oversee outsourcing and third-party risk management, including due diligence and ongoing monitoring.
- Lead incident management, root cause analysis, and control improvement actions.
- Work closely with the Compliance and MLRO teams to align risk management with regulatory and financial crime obligations.
- Support regulatory discussions and ensure risk documentation is regulator ready.
YOUR PROFILE
- Bachelor’s degree in Business Administration, Risk Management, or a related discipline, with at least 5 years of relevant experience.
- Attendance at courses or seminars in enterprise risk management in fields related to the activities; Financial Risk Manager (FRM), Professional Risk Manager (PRM), Certified in Risk and Information Systems Control (CRISC), or equivalent audit/risk credentials preferred.
EXPERIENCE
- Risk management experience for alternative asset managers, with experience in regulated entities.
- Must have ADGM/FSRA or CBUAE knowledge and relationships.
- Deep knowledge of regulatory reporting frameworks, risk modeling, portfolio analysis, and enterprise control evaluation.
- Strong strategic thinking, macro-trend analysis, and executive communication skills, including statistics, data collection, analysis, and data presentation.
SOFT SKILLS
- Attention to detail to ensure all specifications are met with strong organization skills.
- Strong problem-solving skills and ability to work independently.
- Ability to stay current with regulatory changes and industry trends.
- Proactive and adaptable to change.
- Must have keen analytical skills.
- Must be honest and trustworthy in order to properly execute the duties.
- Must be detail oriented.
- Time management and planning skills.
- Experience of compliance governance.
- Excellent organizational and multitasking skills.
- Optimistic and can work autonomously.
- Able to take responsibility for managing your own time in an effective and responsible manner and involve others where necessary.
