Overview
The Head of Risk is responsible for developing and leading the organization’s risk management framework. This role ensures that strategic, operational, financial, and compliance risks are identified, assessed, mitigated, and monitored effectively. The Head of Risk will act as a key advisor to the executive team and Board, embedding a culture of proactive risk awareness across the company.
Responsibilities
- Strategic Risk Leadership
- Develop and implement the organization’s overall risk management strategy and framework.
- Advise the Board and Executive Management on emerging risks, regulatory changes, and strategic decisions.
- Ensure alignment of risk management practices with corporate objectives and industry best practices.
- Lead the risk assessment process across all business units, including financial, operational, technology, reputational, compliance, and strategic risks.
- Develop risk registers, heat maps, and scenario analyses for decision-making.
- Oversee stress testing and contingency planning.
- Monitoring & Reporting
- Establish clear metrics, dashboards, and reporting structures for ongoing risk monitoring.
- Provide regular risk reports and recommendations to the Board, Audit & Risk Committees, and regulators (as required).
- Ensure timely escalation of significant risks and incidents.
- Governance & Compliance
- Ensure compliance with applicable regulatory, legal, and industry standards.
- Work closely with internal audit, compliance, and legal teams to align risk practices.
- Oversee policies and procedures for risk controls, crisis management, and business continuity.
- Build and lead a high-performing risk management team.
- Promote a culture of accountability, transparency, and ethical behavior throughout the organization.
- Provide training and awareness programs on risk management to all employees.
Qualifications & Skills
- Master’s degree in Finance, Risk Management, Business Administration, or related field.
- Professional certifications such as FRM, PRM, CFA, or equivalent are highly desirable.
- 10+ years’ experience in risk management, compliance, audit, or related fields, with at least 5 years in a senior leadership role.
- Strong understanding of regulatory frameworks and corporate governance.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication skills with the ability to influence stakeholders at all levels.
- Strategic thinker with ability to anticipate and manage risks proactively.
- Strong leadership and team-building abilities.
- High ethical standards and sound judgment.
- Ability to manage complexity and operate in dynamic environments.
Seniorities & Employment
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Legal and Finance
Location: Abu Dhabi Emirate, United Arab Emirates
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