Assistant Vice President - Risk

To lead the Risk Management function, ensuring compliance with CBUAE regulations, and implement a robust risk governance framework for the company. The role requires operations oversight and hands‑on execution of risk related activities such as risk identification, assessment, monitoring, and reporting.

• Bachelor’s degree in commerce, Finance, Risk Management, Accounting, or related field.
• Professional certifications preferred (CA, FRM, PRM, CMA, CIA, or equivalent).

• 7–8 years overall risk management/audit experience preferably in financial services sector or Top Tier audit & consulting firm.
• Minimum 3 years in a dedicated risk management role preferably within the financial services sector.
• Minimum 2 years of Insurance industry experience preferable.
• Strong analytical and problem‑solving skills.
• Excellent communication and stakeholder management skills.
• Ability to design and implement risk frameworks and controls independently.
• High integrity and independence of mind.
• Strong understanding of UAE financial regulations and CBUAE risk governance standards.
• Strong presentation and reporting skills to senior stakeholders.

• Develop and implement the Risk management framework, policies, procedures, and articulate risk appetite of the organization.

• Develop and implement risk management plans.
• Identify all types of potential risks across all functions, assess and monitor the risk exposures and the risk mitigation strategy through RCMs (Risk Control Matrix)
• Identifying risk management issues resulting from strategic affairs such as corporate strategy, major projects etc; and managing such risks.
• Conduct scenario analysis and/or stress testing.
• Tracking risk incidents and breaches, its assessment, the appropriate remedial actions, and monitoring of results after implementation.

• Provide guidance, oversight and feedback over department self‑assessments and monitoring of internal controls
• Ensure compliance with CBUAE regulations and internal policies.
• Design and implement risk awareness programs and training sessions
• Lead risk awareness initiatives and training across the organization.

• Maintain risk control matrices (RCM), Self assessments records, risk related registers and records
• Submit risk‑related reports to the Regulator.

• Report to the Management/Risk Committee and Board on periodic basis

• Coordinate with the other departments to conduct the Risk assessments and putting the necessary controls in place.
• Coordinate with internal/external auditors and regulators on risk‑related matters.

Mid‑Senior level

Full‑time

Other

Insurance Agencies and Brokerages, Insurance, and Financial Services