AVP & Manager- Operational Risk & Controls ( Emiratized Role )

First Abu Dhabi Bank; Abu Dhabi; On-site; AED 240,000 - 480,000; Full time

Job summary

First Abu Dhabi Bank is seeking a senior Risk & Controls professional to lead and govern enhancement of operational health across Group Operations. The role focuses on Operational Risk Assessments, Internal Controls, ORM framework adherence and incident management to mitigate residual risks.

The candidate will independently drive improvement initiatives, oversee audit remediation actions, and ensure timely reporting of risk metrics and dashboards in line with regulatory and internal standards.

Qualifications

• Bachelor's degree in Finance or related discipline.
• 5-6 years banking sector experience with at least 3 years in progressively responsible risk management roles.

Responsibilities

• Govern and enhance the Group Operations risk framework through ORM policies and controls.
• Implement and monitor OC policies, procedures and controls across the department.
• Prepare timely risk and control statements and reports.
• Carry out independent risk assessments and monitor residual risks.
• Track and close audit remediation actions and incidents.
• Manage incident ownership from detection to mitigation and resolution.
• Review monthly Operations Dashboard for KPIs from Operations and Controls view.
• Monitor RCSA/KRI and action plan timelines across risk programs.
• Support continuous improvement and cost-effective operation of risk controls.

Skills

Risk management

Operational risk

Internal controls

Audit remediation

Incident management

Education

Bachelor's degree in Finance or related discipline

Job description

To lead and govern enhancement in the Group Operations department as a whole by improving the quality of its operational health through Operational Risk Assessments and Internal Controls. Consistently work independently towards enhancing operational efficiency as well as support in managing operational risk.

Policies Systems Processes & Procedures

• Manage and govern effective implementation of ORC functional policies procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements fulfilled while delivering a quality cost-effective service.
• Follow all relevant departmental policies processes standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
• Demonstrate compliance to organizations values and ethics at all times to support the establishment of a value drive culture within the bank.
• Continuous Improvement
• Contribute to the identification of opportunities for continuous improvement and sustainability of systems processes and practices considering global standards productivity improvement and cost reduction.
• Reporting Manage and review in the preparation of timely and accurate statements and reports to meet department requirements policies and quality standards.
• Risk Assessments
• Effectively and independently carry out the Risk Assessment to monitor and control the residual risks identified by following the Operational Risk Management (ORM) policies and framework at Group Operations
• Audit Remediation
• Track monitor and Support for completing agreed actions for remediation of Audit
• Incident Management
• Manage & govern all the incidents right from Control Failure till mitigation including determination of owner of the incident in order to log the incidents
• Dashboard Reporting
• Review of monthly Operations Dashboard providing details of all the Key Performance Indicators from Operations and Controls perspective
• KRI / RCSA / Action Plans
• Monitor the timelines of all phases of RCSAs from Risk Identification to Action Planning for residual risks including the KRI monitoring
• Periodic Reviews
• Implementing robust tools / processes to identify / mitigate / assist Group Operation on operational risks by way of OC reviews & tracking open issues for closure
• Manage and carry out independent Output Control and Operational reviews to support Group Operations to identify / mitigate / assist Group Operations on Operational Risks
• AML and Regulatory Compliance
• Assist in ensuring Anti money laundering Central Bank Guidelines and other internal policies / procedures are strictly followed and any deviations are reported to levels prescribed.
• Initiatives and Tools
• Provide efficient support in demonstrating proactive pursuit of Group Operation initiatives and any external initiatives assigned to ORC / Group Operation and develop exception reports to suit the OC and operational reviews

Qualifications :

Minimum Qualification

• Bachelors degree in Finance or related discipline.

Minimum Experience

5-6 years relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the Risk Management function.

Remote Work :

No

Employment Type :

Full-time