Operational Risk & Fraud Control Lead

ruya; Dubai; On-site; AED 180,000 - 340,000; Full time

Job summary

Ruya in Dubai seeks an Operational Risk/Fraud Specialist to coordinate and manage the bank's risk controls, including digital and manual controls, and to develop and update BCP plans. The role covers risk assessments, incident handling, KRIs, and reporting across departments.

The candidate will contribute to product development, ensure regulatory compliance including Sharia considerations, and bring English proficiency with Arabic as a strong advantage.

Qualifications

• 5-6 years’ experience in handling Operational Risk as core function within second line of defense.
• Knowledge of digitalized processes and systems including payment systems.
• Convincing in coordinating activities across numerous business departments.
• Arabic language is a strong advantage.

Responsibilities

• Coordinate, execute tasks under Operational risk management function which encompasses.
• Contribute to new product development process in coordination with business (first line of defense)
• Conduct risk assessments RCSA coordinating with business and oversight stakeholders under a new initiative product or service.
• Conduct annual risk control self-assessments (RCSA) with departments.
• Assist business in submitting Incidents and consolidate incidents within the Operational Risk for assessment and reporting.
• Establish KRI with department and ensure they are monitored and reported on a regular basis, including digitalized platforms.
• Review processes: controls and risks, identify risks, recommend, and implement appropriate measures and controls.
• Assist business to conduct screening, risk assessments and materiality assessments for outsourcing under the third-party risk management policy.
• Implement the banks BCP policy covering BIA, BCP, Emergency plans and Crisis Management plans.
• Coordinate BCP related activities across all departments of the bank.
• Conduct continual testing of BCP in coordination with business and related departments.
• Conduct trainings and awareness sessions covering Operational Risk, Fraud Risk and BCP.
• Submit periodic progress updates on implementation of Operational risk and BCP.
• Consolidate Fraud risk Database for internal purposes and CB reporting.

Skills

Operational risk

Fraud risk

BCP planning

Stakeholder coordination

Tools

PCI DSS knowledge

CB payment platforms

Job description

Ruya in Dubai seeks an Operational Risk/Fraud Specialist to coordinate and manage the bank's risk controls, including digital and manual controls, and to develop and update BCP plans. The role covers risk assessments, incident handling, KRIs, and reporting across departments.

The candidate will contribute to product development, ensure regulatory compliance including Sharia considerations, and bring English proficiency with Arabic as a strong advantage.