Head of Risk

Kingston Stanley; Dubai; On-site; AED 508,000 - 608,000; Full time

Benefits offered by this job

Family Benefits

Job summary

Kingston Stanley is recruiting on behalf of a well-established UAE financial services organisation for a Head of Risk based in Dubai. You will lead Enterprise Risk and Investment Risk, shaping risk governance, reporting to the Group risk leadership and the Board.

The role requires 8–10+ years in risk within regulated banks or financial institutions, with 3+ years in leadership, and strong VaR/stress testing capabilities; CFA/FRM/PRM preferred.

Qualifications

• 8–10+ years of risk management experience within a regulated financial institution.
• Minimum 3 years leading and developing risk teams.
• Proven ownership of an Enterprise Risk Management framework.
• Investment risk experience across fixed income and/or sukuk portfolios.
• Strong quantitative understanding of VaR, stress testing and portfolio risk.
• UAE regulatory experience (CBUAE, SCA, DFSA, FSRA or CMA).
• Strong executive and Board-level communication skills.
• FRM, PRM or CFA preferred; Sharia-compliant product knowledge advantageous.

Responsibilities

• Own and enhance the Enterprise Risk Management framework, including risk appetite, RCSA, KRIs and risk registers.
• Oversee investment risk across fixed income and sukuk portfolios, including market, credit, liquidity and concentration risk.
• Review and challenge investment proposals, VaR, stress testing and portfolio risk analysis.
• Oversee operational risk, business continuity and third-party risk.
• Lead and develop risk teams, provide Board-level reporting and drive risk process improvements.

Skills

Risk management

Leadership

Executive communication

VaR

Stress testing

Regulatory knowledge

Sharia-compliant knowledge

CFA/FRM/PRM preferred

Education

FRM/PRM/CFA

Job description

Salary: AED 50,000 per month + Family Benefits

We are recruiting on behalf of a well-established UAE financial services organisation seeking an experienced Head of Risk to oversee its Enterprise Risk and Investment Risk functions.

Reporting to the Group Chief Risk & Compliance Officer, the successful candidate will lead two established risk teams and provide independent risk oversight, strategic guidance and executive-level reporting.

Key Responsibilities

• Own and enhance the Enterprise Risk Management framework, including risk appetite, RCSA, KRIs and risk registers.
• Oversee investment risk across fixed income and sukuk portfolios, including market, credit, liquidity and concentration risk.
• Review and challenge investment proposals, VaR, stress testing and portfolio risk analysis.
• Oversee operational risk, business continuity and third-party risk.
• Lead and develop risk teams, provide Board-level reporting and drive risk process improvements.

Requirements

• 8–10+ years of risk management experience within a regulated financial institution.
• Minimum 3 years leading and developing risk teams.
• Proven ownership of an Enterprise Risk Management framework.
• Investment risk experience across fixed income and/or sukuk portfolios.
• Strong quantitative understanding of VaR, stress testing and portfolio risk.
• UAE regulatory experience (CBUAE, SCA, DFSA, FSRA or CMA).
• Strong executive and Board-level communication skills.
• FRM, PRM or CFA preferred; Sharia-compliant product knowledge advantageous.

All applications will be treated confidentially.