RISK OFFICER

Black Swan Group; Abu Dhabi; On-site; AED 240,000 - 360,000; Full time

Job summary

Black Swan Group is seeking a Risk Officer to lead the development, implementation, and oversight of the risk management framework across regulated financial services. The role focuses on alternative asset managers and Category 3C entities, acting as a second line of defence and reporting risk to senior management and Boards.

You will identify, assess and monitor risks including investment, market, liquidity, operational, regulatory, conduct, technology and third-party risk.

Qualifications

• 5–10 years' risk management experience in financial services.
• Strong experience in alt asset management / investment management.
• Experience with Category 3C regulated entities.
• Strong knowledge of ADGM/FSRA environment and regulator engagement.
• DFSA experience desirable.
• Knowledge of risk frameworks, governance, controls and investment risk.
• Experience preparing risk reporting for Boards and senior management.
• FRM/PRM/CFA or similar qualification preferred.

Responsibilities

• Develop, implement and oversee risk management framework for regulated financial services.
• Identify, assess, monitor and report on key risks across the business.
• Provide independent risk oversight and reporting to senior management and Boards.
• Engage with senior management, Compliance and investment teams.
• Liaise with ADGM/FSRA and regulator where appropriate.

Skills

Risk management

Investment risk

Regulatory risk

Education

Finance/Economics/Risk Management degree

FRM/PRM/CFA or similar qualification

Job description

Regulatory Environment: ADGM/FSRA and DIFC/DFSA

ROLE PURPOSE

The Risk Officer will be responsible for developing, implementing and overseeing the risk management framework for regulated financial services businesses, with a particular focus on alternative asset managers and Category 3C entities.

Acting as a key second line of defence, the Risk Officer will identify, assess, monitor and report on key risks across the business, including investment, market, liquidity, operational, regulatory, conduct, technology/cyber and third-party risk, as applicable.

The role will work closely with senior management, Compliance and investment teams and provide independent risk oversight and reporting to senior management and Boards.

REQUIREMENTS

• 5–10 years' risk management experience within financial services.
• Strong experience within alternative asset management / investment management.
• Previous experience within Category 3C regulated entities is essential.
• Strong knowledge of the ADGM/FSRA regulatory environment, with experience engaging with the regulator.
• DIFC/DFSA experience highly desirable.
• Strong understanding of risk frameworks, governance, controls, operational risk and investment-related risk.
• Experience preparing risk reporting for Boards and senior management.
• Degree in Finance, Economics, Risk Management or a related discipline.
• FRM, PRM, CFA or similar professional qualification preferred.

Independent and commercially aware risk professional with the confidence to challenge constructively, strong integrity and judgement, excellent communication skills, and a solid understanding of regulatory expectations and risk governance within investment management.