DHAM_Risk, Insurance & BCM.Senior Executive - Risk, Insurance & BCM

DUBAI HOLDING; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading asset management firm in the UAE is seeking a Senior Executive for Risk, Insurance & BCM. The successful candidate will develop and implement risk management strategies, ensuring the safeguarding of assets across various operations. A Bachelor's in Finance or Risk Management and a professional qualification are preferred. The role demands strong analytical, communication, and interpersonal skills, while offering a comprehensive benefit package including competitive compensation and career development opportunities.

Benefits

Competitive compensation

Career development opportunities

Collaborative work environment

Qualifications

• Minimum 3-4 years of professional risk management and insurance experience.
• Expert-level assessment and mitigation of various risks.
• Proven track record of risk management framework development.

Responsibilities

• Support execution of insurance risk management policies.
• Ensure insurance cover across DHAM activities.
• Drive comprehensive risk management and business continuity strategy.

Skills

Risk management

Insurance expertise

Analytical skills

Communication skills

Education

Bachelor’s Degree in Finance/Accounting or Risk Management

MBA in Business Management

Professional risk management qualification

Job description

Senior Executive – Risk, Insurance & BCM
– Dubai Holding Asset Management

About Dubai Holding Asset Management

Dubai Holding Asset Management (DHAM) owns and operates an extensive portfolio of 20 landmark retail destinations and 15 residential communities.

The group plays a focal role in shaping Dubai's position as a global leader in business, tourism and leisure, contributing to its position as one of the world’s most coveted and sought‑after livable destinations.

From hotspot retail destinations like Bluewater, JBR, Souk Madinat Jumeirah, Al Khawaneej Walk and The Outlet Village, to popular attractions including the Theatre of Digital Art, Madame Tussauds, TR 88 house, Museum of Illusions, Dubai Holding Asset Management’s retail destinations captivate millions of visitors and tourists every year.

Meanwhile, the niche and vibrant community centres such as Bay Avenue, Mudon Community Centre and Serena Marketplace play a vast role in enhancing the overall quality of life in residential communities, making neighbourhoods more vibrant and connected. In 2022, DHAM’s retail destinations collectively attracted over 28 million visitors and hosted over 75 events across the portfolio.

Dubai Asset Management maintains a substantial presence in Dubai with a leasing portfolio of 15 distinct residential communities, elevating the city’s global recognition as one of the most desirable and livable destinations worldwide.

About the Job

The main duties and responsibilities of this role include:

• The role holder is responsible for supporting the head of Risk Management & BCM in the delivery and execution of insurance risk management policies and strategies, ensuring alignment with the organization’s strategic goals and internal operational requirements.
• All three elements are critical and assist in providing assurance that DHAM’s investment mandates will be met and assets appropriately safeguarded.

Insurance

• Ensure appropriate insurance cover exists across DHAM by liaising with the designated broker, ensuring policies are in place for all DHAM activities and associated risks.
• Manage DHAM’s annual insurance budgeting and policy renewal process, including invoicing and premium payments; act as the focal point for liaison with the insurance broker.
• Ensure that all DHAM requirements are addressed in a timely manner by the broker and all broker and market requests are dealt with efficiently, including the annual insurance renewal process.
• Collaborate with relevant departments on insurance claims and needs.
• Manage insurance claims to ensure they are tracked, communicated, and escalated as needed.
• Ensure insurance needs, strategy and risk and loss control measures through insurance portfolio reviews, understanding of business operations and changes and periodic review of third‑party contractual insurance.

Risk Management Framework

• Support in driving the design and development of a comprehensive risk management and business continuity strategy and framework that mitigates market, counter‑party and operational risks across all functions.
• Develop enterprise risk management policies, procedures, processes and templates for risk identification, assessment, and evaluation to ensure a standardized response to risk issues, in line with the documented risk appetite and tolerance statements.
• Ensure the risk framework aligns with DHAM and provide day‑to‑day coordination to facilitate risk identification, assessment, ownership, mitigation and support monitoring of enterprise risks (strategic, operational, financial and compliance risks).
• Prepare regular, formal and ad‑hoc reports on the risk program to provide timely and accurate information to senior management, highlighting significant risk and contributing to risk‑intelligent decision‑making.
• Conduct risk assessment workshops with Business Units and Corporate Departments to identify and mitigate risk; support integration of this process into local management operations.
• Provide risk‑based training to management colleagues to promote integration and create a risk‑intelligent decision‑making culture.
• Assist in achieving external certifications in Enterprise Risk Management (ISO 31000) and Business Continuity Management (ISO 23001).
• Maintain and update Corporate and Business Unit risk registers, ensuring risks are documented and mitigated; work closely with senior management to obtain timely sign‑off of mitigations.
• Develop and maintain core enterprise risk management tools and measurement methodologies for risk monitoring that align with best practices.

Business Continuity Management

• Maintain and update BCM Business Impact Analyses and the wider Business Continuity Management framework, including Threat Risk Assessments and Business Continuity Plans.
• Develop and implement a business continuity plan testing strategy; manage the execution of the plan annually to ensure robust business response to BCM events.
• Develop and implement BCM training plans across the business and implement mitigation strategies where risk areas are identified.

Continual Improvement

• Drive continuous improvement in developing an organization‑wide risk management culture through effective governance, communication, change management and controls development.

About You

• Bachelor’s Degree in Finance/Accounting, Risk Management or related field preferred.
• MBA in Business Management preferred.
• Professional risk management qualification from a recognized certification body (e.g., Institute of Risk Management).
• Minimum 3-4 years of professional risk management and insurance experience within a corporate environment.
• Proven track record of developing and implementing corporate risk management frameworks.
• Expert-level assessment and mitigation of market, strategic, financial, operational and governance risk.
• Excellent written and verbal communication, presentation, facilitation and influencing skills.
• Exceptional interpersonal skills and ability to identify and prioritize key issues while building consensus across stakeholders.
• Strong analytical and judgment abilities supported by expert knowledge of current risk management techniques, frameworks, and methodologies.
• A broad operational perspective and proven ability to develop practical solutions to complex business risk issues.

Benefits

At Dubai Holding, we’re committed to nurturing the success and well‑being of our colleagues. Join our dynamic and diverse team and enjoy a comprehensive benefit package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.