Risk Officer

Confidential Company; Dubai; On-site; AED 180,000 - 300,000; Full time

Job summary

Confidential Company in Dubai is seeking a Risk Officer Compliance to strengthen our enterprise risk management and regulatory oversight framework. You will identify, assess, monitor and mitigate regulatory, operational and compliance risks while partnering with business teams to embed risk-aware decision-making across the organization.

Key responsibilities include designing and maintaining internal controls, conducting risk assessments, regulatory reporting, and providing risk advisory to sales

Qualifications

• Minimum 5 years of experience in risk management, compliance or governance.
• Strong knowledge of UAE insurance and financial services regulations.
• Professional certifications (IRM/ICA/CRISC or equivalent) preferred.
• Excellent analytical, communication and stakeholder skills.

Responsibilities

• Manage and monitor risks arising from business activities.
• Ensure activities align with risk appetite, policies and limits.
• Design, implement and maintain effective internal controls.
• Independently assess governance, risk, and control effectiveness.
• Identify, assess and monitor regulatory and operational risks for insurance brokerage.
• Support development and maintenance of risk management framework and controls.
• Conduct risk assessments, control testing and compliance reviews.
• Maintain risk registers, KRIs and incident logs; track remediation.
• Prepare risk reports and dashboards for senior management and committees.
• Support regulatory interactions, inspections and information requests.

Skills

Analytical skills

Problem-solving

Stakeholder engagement

Integrity & professionalism

Education

Certifications (IRM/ICA/CRISC) preferred

Job description

Job Purpose

The Risk Officer Compliance is responsible for supporting and strengthening our company s enterprise risk management and compliance oversight framework The role focuses on identifying assessing monitoring and mitigating regulatory operational and compliance risks while partnering with business teams to embed risk-aware decision-making across the organization

Key Responsibilities

• Manage identify and monitor risks arising from the activities of the business line
• Ensure that activities are within the Company s Risk Appetite Risk Management policies and limits
• Design implement and maintain effective system of Internal Controls
• Independently assess the effectiveness and efficiency of the Internal Controls Risk Management and governance systems and processes
• Independently assess the effectiveness of business line management in fulfilling their mandates and managing risks
• Identify assess and monitor compliance regulatory and operational risks applicable to insurance brokerage activities
• Support the development implementation and maintenance of the organization s risk management framework policies and controls
• Conduct periodic risk assessments control testing and compliance reviews document findings and track remediation actions
• Maintain risk registers incident logs and key risk indicators KRIs and monitor trends and emerging risks
• Support regulatory compliance by aligning risk assessments with UAE insurance and financial services regulatory requirements
• Work closely with Compliance to ensure regulatory obligations are effectively translated into risk controls and mitigation plans
• Support regulatory interactions inspections and information requests relating to risk and compliance matters
• Monitor regulatory and industry developments and assess their impact on the organization s risk profile
• Provide risk and compliance advisory support to business sales and operations teams using a practical risk-based approach
• Support incident reporting investigations root cause analysis and implementation of corrective and preventive actions
• Assist in delivering risk and compliance training and awareness initiatives across the organization
• Prepare risk reports dashboards and management information for senior management and committees

Minimum 5 years of relevant experience in risk management, compliance, or governance, preferably within insurance brokerage or financial services.

Strong understanding of enterprise risk management, compliance risk, and internal controls.

Sound knowledge of UAE insurance and financial services regulatory requirements.

Relevant professional certifications (e.g. IRM, ICA, CRISC, or equivalent) are preferred.

Strong analytical and problem-solving skills with attention to detail.

Ability to engage and influence stakeholders across functions.

Excellent written and verbal communication skills.

High levels of integrity, confidentiality, and professionalism.

Core Competencies

• Risk assessment and mitigation
• Regulatory and compliance awareness
• Data analysis and reporting
• Stakeholder engagement
• Structured and detail-oriented execution