Senior Manager Operational Risk, IT

ADIB Group; Abu Dhabi; On-site; AED 250,000 - 350,000; Full time

Job summary

A financial institution in Abu Dhabi is seeking a Senior Manager - Operational Risk IT to provide independent oversight and manage technology-related risks. The ideal candidate will have at least 10 years of experience in IT risk, a strong understanding of operational risk frameworks, and familiarity with GRC systems. This role involves critical analysis, stakeholder management, and ensuring compliance with UAE regulatory requirements. Competitive compensation offered with opportunities for professional growth.

Qualifications

• 10 years in IT risk or technology-related risk function in financial institutions.
• Strong understanding of Islamic banking principles.
• Experience with GRC systems and control frameworks.

Responsibilities

• Oversee the identification and management of technology-related risks.
• Provide independent challenges to control designs and remediation actions.
• Monitor technology operational risk incidents and ensure corrective actions.

Skills

Operational risk frameworks knowledge

Stakeholder management

Analytical skills

Communication skills

Critical thinking

Tools

GRC system

ISO 27001

NIST CSF

COBIT

Job description

Description

Role: Senior Manager - Operational Risk IT

Location: Abu Dhabi UAE

Role Purpose:

To provide independent oversight and effective challenge to the technology risk profile across the bank. The role ensures that IT and cyber risks are identified assessed monitored and reported in line with the Operational Risk Management Framework and Sharia-compliant banking practices.

Key accountabilities of the role:

• Oversee the identification assessment and management of all Technology related risks across all business and support units in ADIB in line with banks approved Operational Risk Management Framework.
• Early identification of emerging technological risk such as Artificial Intelligence (AI) machine learning (ML) Digital Assets etc.
• Provide independent and critical challenge to the 1st line (IT Information Security and Digital Banking) on risk assessments control design and remediation actions.
• Act as GORM SPOC in IT related committees/boards as such Change Advisory Board to assess potential risks related but not limited to system changes cloud adoption digital transformation and mobile enhancement infrastructure upgrades etc.
• Oversee and ensure the effective implementation and sanity of the banks GRC system
• Review and challenge technology-related Key Risk Indicators (KRIs) risk acceptances and Risk and Control Self-Assessments (RCSAs).
• Evaluate the effectiveness and design of controls related to Technology risks.
• Monitor technology operational risk and fraud incidents perform root cause reviews and ensure timely closure of corrective actions.
• Track regulatory and audit issues related to Technology Risks and ensure risk governance is followed in their resolution.
• Contribute to the risk reporting submitted to senior management Management Risk Committee Board Risk Committee in addition to ad hoc reporting.
• Support scenario analysis for cyber and IT failure events including business continuity and operational resilience elements.
• Maintain knowledge of UAE regulatory requirements (e.g. CBUAE NESA) and global frameworks (e.g. NIST ISO 27001 COBIT).
• Collaborate with Business Operational Risk Managers (BORMs) and the Compliance IT InfoSec and Internal Audit teams.
• Work on a minimum governance standard for platforms owned by Operational Risk and Fraud Management

Specialist skills / technical knowledge technical competencies required for this role:

• Strong understanding of operational risk frameworks and governance.
• Broad knowledge of Islamic banking principles and products.
• Broad knowledge of current and emerging technologies trends and hypes
• Ability to apply logical and critical thinking.
• Excellent analytical communication and report-writing skills.
• Strong stakeholder management and influencing skills.

Previous experience:

• 10 years in IT risk cyber risk or technology related risk function in FIs.
• Experience with control frameworks such as NIST CSF (Cyber security) ISO 27001 (information security management) or COBIT (IT governance).
• Experience with GRC system and structure.
• Good knowledge of Operational and fraud risks associated with technology and systems.

Required Experience:

Senior Manager