Head of Risk

myZoi | Financial Inclu; Dubai; On-site; AED 360,000 - 600,000; Full time

Job summary

myZoi | Financial Inclu is seeking an experienced professional to lead the implementation of a comprehensive risk management system in Dubai. The ideal candidate will have over 10 years of experience in non-financial risk management, strong analytical skills, and the ability to communicate with senior management. This role involves engaging with internal and external stakeholders and ensuring compliance with regulatory standards, contributing significantly to the organization's risk management processes.

Qualifications

• 10-15 years of experience in risk and control or audit role.
• Deep end-to-end experience in non-financial risk management.
• Strong understanding of risk disciplines.

Responsibilities

• Lead design and implementation of risk systems.
• Develop and maintain operational risk dashboards.
• Engage with stakeholders and enhance risk awareness.

Skills

Analytical skills

Problem solving

Risk management

Communication

Education

Bachelor of Business Administration

Job description

Bachelor of Business Administration(Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Risk System, AI, Analytics & Reporting

Lead the design and implementation of entity wide risk system to enhance data collection, analysis and reporting capabilities
Deploy the use of AI including ML and Natural Language to derive efficiencies in the risk management processes across the organisation
Develop and maintain operational risk dashboards and reporting tools to provide timely insights to senior management and stakeholders.
Analyse operational risk data to identify trends, emerging risks, and areas for improvement in risk management practices.
Prepare and present regular reports on operational risk performance, including key risk indicators (KRIs) and risk mitigation efforts to senior management and the board.
Collaborate with IT and data management teams to ensure data integrity, security, and accessibility for operational risk management purposes

Stakeholder Engagement

Foster strong relationships with internal stakeholders , to promote a culture of risk awareness and accountability.
Engage with external regulators, partners and industry bodies to stay abreast of regulatory developments and best practices in Governance and operational risk management.
Lead training and awareness initiatives to enhance the organization's understanding of operational risk and its management.
Regulatory and Business Conduct
Display exemplary conduct and live by the Standard Chartered Group s Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct.

This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Code of Conduct.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Represent business and functions in regulatory reviews and spearhead the review/assessments.
Key Stakeholders
Chief Risk Officer
Management Team
All functions
Internal Audit
Regulators and their appointed auditors (where applicable)
External stakeholders
Standard Chartered Ventures and Group
Who you are
You've got 10-15 years of experience in a risk and control or audit role.
You have deep end-to end experience in non-financial risk management in the second line of defence capacity and experienced with regulatory frameworks.
You're a results-driven self-starter, an adept problem solver with strong quantitative skills
You are comfortable in communications with senior management.
You enjoy a creative fast paced environment

What You ll Need

Strong understanding of risk disciplines (credit, operational, market, liquidity, etc).

Knowledge of systems and models will be an advantage.


Analytical, inquisitive, tenacious and attention to detail.
Able to manage conflicting priorities and situations
In-depth knowledge on financial service products including store value facility, retail payment services and consumer protection
Knowledge on technology and ICS standards including AI used for building financial services.

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