Risk Officer

Remitly; Abu Dhabi; Hybrid; AED 80,000 - 110,000; Full time

Job summary

A leading financial services company is seeking a professional for Enterprise Risk Management in Abu Dhabi. The ideal candidate will develop risk management frameworks, ensure compliance with regulations, and foster a risk-aware culture across the organization. Candidates should possess a bachelor's degree and 4-6 years of relevant experience. This role offers comprehensive benefits including insurance, stock options, and a hybrid work culture.

Benefits

Medical, Dental & Vision Insurance

Life Insurance & Income Protection

Housing Allowance

Employee Stock Purchase Plan (ESPP)

Commuter Reimbursement

Mental Health & Family Forming benefits

Learning & development benefits

Qualifications

• 4-6 years of progressive experience in Enterprise Risk or Governance within regulated financial institutions.
• Strong understanding of CBUAE Regulations and Corporate Governance Guidelines.
• Practical knowledge of remittance, payment ecosystems, and emerging Fin-Tech risks.

Responsibilities

• Develop and improve the Enterprise Risk Management Framework.
• Ensure compliance with CBUAE Regulations and prepare risk reports.
• Promote a risk-aware culture and provide advisory support.

Skills

Analytical skills

Communication skills

Presentation skills

Risk management

Incident management

Education

Bachelor's qualification in related discipline

Master's degree preferred

Job description

Job Description

At Remitly we believe everyone deserves the freedom to access move and manage their money wherever life takes them. Since 2011 weve tirelessly delivered on our promise to customers sending money globally providing secure simple and reliable ways to manage their money ensuring true peace of mind. Whether its supporting loved ones back home growing a business across continents or pursuing new opportunities abroad were not just here to move money were here to move our global customers forward.

About the Role

You will be reporting to the Director Enterprise Risk Management and will be closely working with the regional senior management.

You Will

• 1. Enterprise Risk Management
  • Develop implement and continuously improve the Enterprise Risk Management Framework in line with CBUAE Exchange Business and Stored Value Regulations Risk Management Standards and industry frameworks.
  • Drive risk identification and assessment activities across strategic financial compliance and operational areas ensuring comprehensive coverage of all business units.
  • Maintain and periodically update the risk register ensuring clear ownership effective control documentation and timely implementation of agreed mitigation plans.
  • Oversee management of Operational Risk Incidents by ensuring:
  • Maintain an operational incidents register to record and investigate the operational risk incidents and near misses.
  • Implement and track the action plans.
  • Escalate material incidents as appropriate
• 2. Governance Compliance and Reporting
  • Ensure compliance with CBUAEs Exchange Business and Stored Value Regulations organizations Corporate Governance guidelines and Operational Risk Management directives.
  • Prepare and present risk dashboards incident summaries and mitigation status reports to the Executive Management Governance Committees and the Board of Directors.
  • Coordinate with internal audit compliance and regulatory authorities during reviews examinations and inspections.
  • Periodically review and update Risk Management Policies and Procedures to ensure alignment with regulatory and industry requirements.
  • Ensure accurate timely and transparent communication of the organizations risk profile mitigation actions and emerging risks as per the prescribed CBUAE templates and supervisory expectations.
  • Coordinate with internal stakeholders to gather information for CBUAE risk-related returns thematic risk reviews and regulatory inspections.
  • Maintain comprehensive documentation to evidence compliance with regulatory submissions and audit trails for supervisory verification.
• 3. Risk Awareness and Culture
  • Promote a risk-aware and resilient culture across the organization through regular awareness sessions training and communication programs.
  • Provide advisory support to the management on emerging risks incident escalation evolving business models.

You Have

• Bachelors qualification in related discipline (Masters degree preferred).
• 46 years of progressive experience in Enterprise Risk Operational Risk or Governance within remittance payments Fin-Tech or other CBUAE-regulated financial institutions.
• Strong understanding of CBUAE Exchange Business and Stored Value Regulations Risk Management Standards Corporate Governance Guidelines and Business Continuity requirements.
• Practical knowledge of remittance and payment ecosystems digital transformation and emerging Fin-Tech risks.
• Familiarity with global risk management standards / frameworks
• Excellent analytical communication and presentation skills.
• Proven experience in policy formulation risk management incident management and regulatory engagement

Our Benefits

• Medical Dental & Vision Insurance
• Life Insurance & Income Protection
• Housing Allowance
• Employee Stock Purchase Plan (ESPP)
• Commuter Reimbursement
• Mental Health & Family Forming benefits
• Learning & development benefits

Our Connected Work Culture: Driving Innovation Together

At Remitly we believe that true innovation sparks when we come together. Our Connected Work Culture fosters dynamic in-person collaboration where ideas ignite and challenging problems find solutions faster. For corporate team members we have an in-office expectation of at least 50% of the time monthly typically achieved by coming in three days a week. This creates a consistent meaningful overlap that supports team norms and business needs. Managers also have the flexibility to set higher expectations based on their teams specific needs. These intentional in-office moments are vital for deepening relationships fueling creativity and ensuring your impact is felt where it matters most.

Remitly is an E-Verify Employer

At Remitly we are dedicated to ensuring that our workplace offers equal employment opportunities to all employees and candidates in full compliance with applicable laws and regulations.

Remitly is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Required Experience:

Unclear Seniority