About the Role
As a Senior Wealth Risk Manager in the UAE, you will support the Head of Wealth Risk and MENAT IWPB CRO in identifying, assessing, monitoring, and mitigating risks across the wealth business. This role provides focused second-line oversight for investment and wealth products, their distribution journeys, risk governance, and the implementation of the Risk Management Framework. You will collaborate closely with first-line product, distribution, and business teams, as well as specialist second-line Risk Stewards to provide practical advice and independent oversight that informs key decisions. Success in this role means ensuring clear governance, decision-useful risk reporting, and sustained improvements in controls, issue management, and customer outcomes.
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Key Responsibilities
- Support the launch and ongoing oversight of investment and wealth products, services, and distribution journeys, including due diligence, governance, controls, and risk assessment.
- Review committee papers and prepare concise briefings for senior risk leaders ahead of product, distribution, and risk governance forums.
- Oversee product due-diligence processes and the risk oversight of internal and external third-party providers.
- Monitor distribution framework changes, risk indicators, and issues; ensure appropriate read-across across products, channels, customer segments, and other markets.
- Embed the Risk Management Framework, Group Risk Policies, and local procedures across the Wealth business.
- Apply the Non-Financial Risk framework and relevant systems to key control identification and monitoring, issue management, risk indicators, and action tracking.
- Maintain the market Wealth risk profile, including risk maps, risk appetite metrics, top and emerging risks, issues, and mitigating actions, contributing to stress testing and scenario analysis where relevant.
- Escalate material product, distribution, control, conduct, and regulatory risk concerns promptly to the Head of Wealth Risk and relevant stakeholders.
- Undertake targeted reviews with product and distribution teams to evaluate whether key procedures and controls are designed and operating effectively.
- Coordinate Wealth risk governance, including agendas, submissions, minutes, decisions, and action tracking, producing timely, accurate risk reporting for market, regional, and global stakeholders.
What We’re Looking For
- A full-time graduation degree of at least three years is essential for obtaining a UAE visa and work permit, with valid attestations and equivalency required for degrees obtained outside the UAE.
- Relevant risk management experience from private banking, wealth management, or another regulated financial services business is essential.
- Strong knowledge of investment and wealth products alongside product governance and distribution frameworks is required.
- Working knowledge of risk governance, risk appetite, the Risk Management Framework, and non-financial risk management is required.
- Experience supporting governance forums, including preparing senior-level papers and briefings and tracking issues and actions, is essential.
- Ability to operate effectively in a regulated environment with a strong understanding of the regulatory environment for Wealth business.
- Structured approach to interpret complex information, identify connections and emerging risks, and communicate practical conclusions clearly.
- Ability to provide effective independent challenge across stakeholders at different levels of seniority, using clear and professional judgment.
- Capability to work effectively in a complex matrix environment, balancing multiple priorities while maintaining attention to detail.
Strengthening Wealth Risk Governance
This role has a significant impact on how Wealth products are governed, distributed, and monitored in the market. You’ll assist senior decision-makers in understanding risk clearly and acting promptly on issues that are significant to customers, regulators, and the business. If you're looking to enhance second-line oversight across investment and wealth products and drive practical improvements in controls and governance, this position offers breadth, scale, and visibility. Join us and help ensure the UAE Wealth business remains safe, well-governed, and ready for growth.
Flexible Working and Culture
We support our staff in adopting flexible and alternative ways of working where possible, including working from home and different hours, subject to approvals.
We are committed to building a culture where all employees are valued, respected, and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working, and opportunities to grow within an inclusive and diverse environment.
