Executive Director, Risk

Arab Monetary Fund; Abu Dhabi Emirate; On-site; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking an Executive Director for Risk to lead its Risk Department. This pivotal role involves developing comprehensive risk management, compliance, and cybersecurity strategies to safeguard the organization. The ideal candidate will have extensive experience in risk management within financial institutions, demonstrating strong leadership and communication skills. You will play a crucial role in fostering a culture of risk awareness and resilience while ensuring compliance with regulatory standards. Join a forward-thinking organization that values innovation and strategic partnerships in the risk landscape.

Benefits

Tax-free salary

Housing allowance

Furniture allowance

Air ticket allowance

Schooling allowance

Comprehensive medical insurance

Qualifications

• 15+ years of experience in risk management and compliance.
• Proven leadership in financial institutions or regulatory bodies.

Responsibilities

• Develop and lead enterprise-wide risk management strategies.
• Oversee compliance with local and international laws.
• Champion a risk culture across all lines of defense.

Skills

Risk Management

Compliance

Cybersecurity

Data Analysis

Leadership

Communication

Education

Master’s degree in Risk Management

Professional certifications (FRM, CRISC, CISSP)

Job description

Get AI-powered advice on this job and more exclusive features.

The Arab Monetary Fund aims to onboard an "Executive Director, Risk" leading the Risk Department, reporting to the Director General, Chairman of the Board.

Job Purpose

The Executive Director, Risk is responsible for developing and leading AMF’s enterprise-wide risk management, compliance, and cybersecurity strategies. This includes the identification, assessment, and mitigation of financial, market, credit, operational, and cyber risks. The role ensures a structured and forward-looking approach to business continuity, regulatory compliance, and resilience, aligned with AMF’s strategic vision. The Executive Director also leads efforts to build an institutional culture of vigilance and risk awareness, ensuring the effectiveness and independence of the lines of defense.

The key activities include, but are not limited to, the following :

• Define and oversee the execution of AMF’s enterprise risk management strategy aligned with regulatory frameworks and industry standards. Review and update AMF’s risk appetite and ensure integration into planning and operational processes.
• Promote a data-driven approach to anticipate, assess, and manage risks , including geopolitical, climate-related, and sector-specific risks.
• Develop and continuously enhance a risk governance framework across the organization.
• Oversee compliance with local and international laws, internal policies, and risk-based AML / CTF frameworks.
• Supervise regular internal audits and risk assessments and ensure resolution of identified gaps.
• Lead the implementation of comprehensive cybersecurity and IT risk systems.
• Ensure proactive monitoring of cybersecurity threats and incident response protocols.
• Oversee collaboration with the Information Security function and ensure alignment with AMF’s digital infrastructure priorities.
• Oversee the establishment of tools (e.g., nowcasting) to capture real-time data for scenario planning.
• Supervise the design of KPIs and performance metrics to measure the success of risk mitigation strategies.
• Provide regular reporting and updates to the DG and Board on AMF’s risk posture.
• Champion a risk culture that promotes transparency, awareness, and responsibility across all lines of defense.
• Oversee training initiatives and capacity-building programs for risk and compliance teams.
• Lead the development and implementation of AMF’s risk maturity model.
• Design and implement a structured framework for business continuity planning , including testing and simulation exercises.
• Ensure AMF’s operational resilience to external shocks and internal disruptions.
• Serve as AMF’s focal point on risk-related matters with central banks, regulators, and international bodies.
• Represent AMF in external forums and committees to shape risk-related agendas.
• Build strategic partnerships with industry leaders and regulatory counterparts to benchmark and share best practices.
• Lead and manage the Risk Department , fostering a high-performance and collaborative culture.
• Guide workforce planning and development aligned with departmental goals and AMF’s strategic direction.
• Drive continuous improvement and innovation in risk-related policies, systems, and workflows.

Qualifications and Requirements

• A minimum of 15 years of relevant experience in risk management, compliance, or cybersecurity, including leadership roles in financial institutions or regulatory bodies.
• Proven experience in implementing enterprise risk management, credit and market risk frameworks, business continuity, and cybersecurity programs.
• Experience with compliance frameworks, regulatory environments, and laws applicable in the Arab region is preferred.
• Master’s degree in Risk Management, Finance, Economics, Law, or a related field (MBA or equivalent preferred).
• Professional certifications such as FRM, CRISC, CISSP, or similar are highly desirable.
• Excellent communication and writing skills in Arabic and English. French, as a third language, is a solid advantage.

We offer an attractive package of benefits aligned with our employment policies, including a tax-free salary and supplementary allowances such as housing, furniture, air ticket, schooling, and comprehensive medical insurance.

Only shortlisted candidates will be contacted.

Seniority level

• Director

Employment type

• Full-time

Job function

• Administrative and Other
• Financial Services, Economic Programs, and Investment Management

Referrals increase your chances of interviewing at Arab Monetary Fund by 2x

Get notified about new Risk Director jobs in Abu Dhabi Emirate, United Arab Emirates .

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.