Risk Officer

In line with group values, the Risk Officer will manage and deliver reliable and updated Operational, Financial, Compliance, Business Continuity, Information Security risk registers. The role acts as a key second line of defence for the respective clients, ensuring that operational, regulatory, technology, cyber, conduct, and third-party risks are properly identified, monitored, and managed.

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.