Risk Officer

Mirabaud; Dubai; On-site; AED 180,000 - 240,000; Full time

Benefits offered by this job

Flexible working arrangements

Variety of cultural and sporting activities

Family-friendly benefits

Job summary

Mirabaud in Dubai is looking for a Risk Manager to oversee the organization’s Risk Appetite Statement and risk register. The role demands a Bachelor's degree in Finance, Economics or Legal, coupled with 3 to 6 years of experience in Risk Management.

Candidates should possess strong knowledge of Regulatory Reporting and banking products, alongside excellent English skills. A dynamic, family-friendly environment is offered, with flexible working arrangements and various employee benefits.

Qualifications

• 3 to 6 years experience in Risk Management (Bank or Big-4).
• Very good knowledge of Regulatory Reporting and banking products.
• Familiar with legal & regulatory environment and able to keep updated.

Responsibilities

• Update and maintain Risk Appetite Statement and risk register.
• Prepare Internal Capital Adequacy Assessment Process (ICAAP) documentation.
• Conduct annual review of risk and credit policies.

Skills

Risk Management

Regulatory Reporting

Financial Markets

Good Judgement

English (Verbal & Written)

Education

Bachelor's degree in Finance, Economics or Legal

Job description

Joining Mirabaud, means entering an entrepreneurial and innovative environment. With the 7th generation of the Mirabaud family working within the bank, the culture is that of a family business. With over 700 employees based in 10 countries worldwide, Mirabaud offers opportunities to develop one’s career across an international network of 14 offices.

Job Description

• Update and maintain the organizations Risk Appetite Statement ensuring alignment with the strategic objectives and risk tolerance of the organization;·
• Maintain and update the organization's risk register ensuring all significant risks are recorded monitored, and mitigated;
• Prepare the annual Internal Capital Adequacy Assessment Process (ICAAP} documentation;
• Prepare risk reports to the Board. highlighting key risks trends and mitigation actions;
• Stay updated with regulatory changes and implement necessary changes to the risk management framework;
• Conduct on annual review of risk and credit policies. recommending updates to ensure continued alignment with regulatory requirements and industry best practices;
• Prepare comprehensive documentation for the Risk Management Committee ensuring all relevant risks and mitigations ore presented clearly;
• Review and analyze credit files prepare presentations and provide recommendations to the Credit Committee;
• Propose limits for financial counterparties end monitor compliance;
• Derivatives and Margin Monitoring: Monitor and manage the organization's exposure to derivatives. including overseeing margin calls and ensuring compliance with margin requirements;
• Ensure compliance with CFTC (Commodity Futures Trading Commission) reporting requirements;
• Operational Risk Management: Identify, assess, and manage operational risks across the organization;
• Update and monitor the internal controls framework, ensuring it remains effective in mitigating risks and is aligned with best practices;
• Analyze and manage operational risk incidents. ensuring timely reporting and mitigation actions;
• Promote the risk culture within the bank.

Qualifications

• Bachelor's degree in Finance, Economics or Legal;
• 3 to 6 years experience in Risk Management (Bank or Big-4);
• Very good knowledge of Regulatory Reporting, banking products and financial markets;
• Possess agood judgement and an ability to work under pressure;
• Familiar with the legal & regulatory environment and keep up with changes and developments on acontinuous basis.
• Excellent English skills (both Verbal & Written), Arabic or French, an asset.

Additional Information

Step into the action!

• Family-friendly and dynamic environment;
• Direct impact on the business, no matter your position or seniority;
• Work in an environment that encourages autonomy and entrepreneurship;
• Flexible working arrangements to help you achieve a better work-life balance;
• Variety of cultural and sporting activities during your free time;
• Inclusion and equal treatment;
• Various employee benefits & family friendly benefits.