Operational Risk Associate

ADIB - Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 55,000 - 85,000; Full time

Job summary

ADIB - Abu Dhabi Islamic Bank is seeking an entry-level Operational Risk Associate in Abu Dhabi, UAE. The role supports the implementation of the ORM Framework with initial focus on incident management and related activities, requiring a proactive thinker with good analytical skills.

You will collaborate with the Operational Risk Management team, assist with data collection, KRIs, and reporting, and develop through training.

Qualifications

• Excellent English communication skills.
• Demonstrates ability to collaborate with coworkers and stakeholders.
• Highly self-motivated with a quick learner.
• Strong problem solving, analytical and research skills.
• Relevant degree in Finance, Accounting or Business.

Responsibilities

• Providing proactive support to the Operational Risk Management team on all matters.
• Assist with the implementation of the ORM program and related tools (RCSA, KRIs, incidents, and actions).
• Support data collation and reporting on operational risk exposures and trends.

Skills

English communication

Collaboration

Analytical thinking

Self-motivated

Problem solving

Education

Finance, Accounting, or Business degree

Tools

Microsoft Office Suite

Job description

Role: Operational Risk Associate

Location: Abu Dhabi, UAE

This position is open to UAE National fresh graduates.

Role purpose:

• This is a risk management role supporting the implementation of the ORM Framework, with an initial focus on incident management and related activities.

• The role requires a proactive and confident individual with good analytical skills.

• The person responsible for this position will be asked to support the execution and implementation of Operational Risk Management Framework throughout ADIB Group.

• The role holder will be required to have a keen eye for detail and a strong appetite to learn and be tested in different areas.

• A sound work ethic and desire for self-development are essential for success.

Key accountabilities of the role:

• Providing proactive support to the Operational Risk Management team on all matters.

• Over time, and with appropriate training, the role holder should assist with:

Operational Risk Management Tools:

• Support the business in managing Operational risk incidents and losses.

• Support the businesses in and facilitate the identification and assessment of key operational risk exposures within ADIB Group in accordance with ADIB’s Operational Risk Management Framework and related procedural standards.

• Support the business in the management of Issues and timely implementation of actions.

• Support the business in the Key risk indicators identification and assessment.

• Support the business in updating and monitoring Operational risk data using the Group Operational Risk Management platform.

• Support in the Collation of data for regular reports on operational risk profiles, analysis, and exposures on a regular basis.

Program Management:

• Support implementation and development of ORM program and tools such as Risk & Control Self-Assessment (RCSA), Key Risk Indicators (KRIs), Incidents management and Issues & Actions management in ADIB Group.

• Support the implementation of ORM policies & procedures within ADIB Group

Specialist skills / technical knowledge, technical competencies required for this role:

• Demonstrate ability to collaborate with co-workers and business stakeholders.

• Excellent English communication skills.

• Highly self-motivated and ability to learn rapidly.

• Strong problem solving, analytical (including qualitative analysis), research, quantitative and Computer skills (e.g., Microsoft Office Suite)

• Relevant degree in Finance, Accounting, or Business

Previous experience:

• No specific work experience requirement, but a degree in Finance, Accounting or Business is required.

• This position is open to UAE National fresh graduates.