Senior Manager Risk Consulting Financial Services Dubai

EY Société D'Avocats; Dubai; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading financial consultancy is seeking a Senior Manager / Director in Financial Services Risk Management to lead risk transformation for major financial institutions. This role requires expertise in credit, market liquidity, and operational risk, along with a strong background in Basel III/IV and IFRS 9. The successful candidate will have 12-15 years of experience, with the ability to engage directly with C-suite stakeholders and regulators. An opportunity to shape the future of risk management through innovative technologies is available.

Benefits

Access to EY's global network

Diverse and inclusive culture

Opportunities to innovate with emerging technologies

Qualifications

• 1215 years of experience in financial-services risk management, preferably in consulting or at a Tier-1 bank.
• Demonstrated success leading risk and capital management transformation programs.
• Fluency in Arabic and English (spoken and written).

Responsibilities

• Lead complex risk transformation engagements.
• Design and validate risk models under Basel and IFRS 9.
• Advise on operational risk frameworks and compliance.

Skills

Quantitative analysis

Regulatory fluency

Stakeholder management

Python

SQL

Leadership

Education

Bachelor's or Master's in Finance or related field

Tools

Python

R

SAS

SQL

Job description

Overview

Senior Manager / Director Financial Services Risk Management (FSRM)

Languages: Arabic & English (Mandatory)

Experience: 1215 years

Industry Focus: Banking Insurance and Financial Institutions

Job Summary

As a Senior Manager / Director in EY's Financial Services Risk Management (FSRM) team you will help leading financial institutions navigate regulatory complexity strengthen capital resilience and modernize their risk management frameworks.

The role demands deep expertise across credit market liquidity and operational risk together with Basel III / IV ICAAP and IFRS 9 implementation and the ability to lead large transformation programs that combine quantitative precision with strategic impact.

You will also have the opportunity to shape EY's next-generation risk offerings through the use of AI automation and digital risk tools while mentoring diverse teams and engaging directly with senior regulators and client executives.

Key Responsibilities

Client Delivery and Technical Leadership

• Lead complex risk transformation engagements covering credit market liquidity and operational risk regulatory capital and stress testing.
• Design calibrate and validate risk models (PD LGD EAD) under Basel and IFRS 9.
• Develop and review ICAAP frameworks capital planning and stress testing programs for regulatory submission.
• Support clients in strengthening liquidity risk frameworks (LCR NSFR IRRBB) and aligning ALM practices with supervisory expectations.
• Advise on operational risk frameworks RCSA design loss data analytics and capital quantification under Basel III / IV.
• Oversee engagement governance ensuring delivery excellence client satisfaction and measurable impact.

Market and Business Development

• Build and manage senior client relationships including C-suite and Board-level stakeholders.
• Contribute to business development through proposal leadership solution design and sector insights.
• Identify emerging client needs (ESG climate risk AI governance) and translate them into new service offerings.

People and Practice Development

• Coach and mentor junior team members fostering a culture of analytical rigor and innovation.
• Develop EY's intellectual capital through publications client insights and participation in industry forums.
• Promote cross-border collaboration with other EY member firms in Europe APAC and the GCC.

Desirable / Differentiating Areas

• Lead or contribute to fraud risk analytics using machine learning and anomaly detection.
• Design third-party risk management frameworks for outsourcing and fintech ecosystems.
• Apply AI / ML and automation in model governance early-warning indicators and risk reporting.
• Integrate digital cyber and resilience considerations into enterprise risk frameworks.

Skills and Attributes for Success

• Strong quantitative background and regulatory fluency across credit market liquidity and operational risk domains.
• Deep understanding of Basel III / IV IFRS 9 and ICAAP / ILAAP requirements.
• Proficiency in Python R SAS or SQL for quantitative and stress-testing model development.
• Excellent leadership communication and stakeholder management skills capable of engaging both technical and executive audiences.
• Strategic thinker with an ability to translate complex regulations into actionable business solutions.

To Qualify for the Role You Must Have

• 1215 years of experience in financial-services risk management either in consulting or at a Tier-1 bank.
• Demonstrated success leading risk and capital-management transformation programs.
• Experience working directly with regulators (e.g. SAMA CBUAE QCB EBA APRA PRA).
• Fluency in Arabic and English (spoken and written).

Ideally Youll Also Have

• Exposure to fraud third-party or digital-risk domains.
• International project experience across Europe Australia or APAC.
• Professional certifications such as FRM CFA or PRM .
• Experience leveraging AI / ML for predictive modelling anomaly detection or model monitoring.

What We Look For

An accomplished risk professional with quantitative depth regulatory awareness and leadership presence someone who can bridge financial modelling with strategic advisory and who thrives on helping clients build resilient and forward-looking risk functions.

What We Offer

What We Look For continues to drive risk transformation across the regions most significant financial institutions.

• A platform to lead risk transformation across the regions most significant financial institutions.
• Access to EY's global network of quantitative and regulatory experts.
• Opportunities to innovate with emerging technologies in risk and finance.
• A diverse and inclusive culture that values intellectual curiosity and teamwork.

Join EY and help redefine how banks and financial institutions in the GCC manage risk combining insight regulation and innovation to build a safer financial system.

Required Experience :

Senior Manager

Key Skills

Electro Mechanical,Instrument Maintenance,Adobe Dreamweaver,Document Control Management,E-Commerce

Employment Type : Full Time

Experience : years

Vacancy : 1