Operational Risk Manager

Rapyd; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

An established industry player seeks a skilled Operational Risk Manager to enhance their operational risk management framework. In this pivotal role, you will lead resilience reviews, assess risks, and ensure compliance with regulatory standards. You will collaborate with various business units to identify vulnerabilities and implement effective remediation strategies. This position offers a unique opportunity to engage with senior stakeholders, making a significant impact on the organization's risk posture. If you have a passion for operational excellence and a background in financial services, this role is tailored for you.

Qualifications

• 3+ years of experience in operational risk management at a financial institution.
• Practical experience in Risk And Control Assessments and Operational Resilience reviews.

Responsibilities

• Lead Operational Resilience reviews to identify process vulnerabilities.
• Enhance operational risk management framework and maintain Risk Register.

Skills

Operational Risk Management

Risk Assessment

Incident Management

Stakeholder Engagement

Education

Degree in Finance

Degree in Business Administration

Risk Management Qualification

Job description

• Collaborate with Rapyd’s business units regarding Risk Identification, Assessment, and Monitoring of Operational Risks, undertaking Risk And Control Assessments (RACA’s).
• Lead Operational Resilience reviews, identifying Important Business Services, undertaking end-to-end mapping to identify process vulnerabilities and implement remediation and monitoring programs to ensure that Rapyd remains within its service tolerances at all times, even under stress situations.
• Enhance Rapyd’s operational risk management framework by providing expertise and input in respect of governance, risk appetite, key risk indicators, and maintaining Rapyd’s Risk Register.

Requirements

• Degree or equivalent in Finance, Business Administration, or related field. Risk management qualification in operational risk management desired.
• 3+ years of experience and expertise in operational risk management at a Financial Institution or Fintech.
• Practical experience in undertaking Risk And Control Assessments (RACA), Operational Resilience reviews, Incident Management, and root cause analysis.
• Knowledge and understanding of the regulatory treatment of operational risk and how it applies to Rapyd’s operational processes and controls.
• Ability to engage with senior stakeholders to establish relationships and become a trusted adviser.