Senior Operational Risk Manager | Abu Dhabi, UAE

ADIB - Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Operational Risk Manager to lead the development of an Operational Risk Management Framework. This role involves advising on risk matters, managing assessments, and promoting a risk-aware culture across the organization. The ideal candidate will have extensive experience in financial services, particularly in operational risk, and will play a key role in ensuring compliance with regulations while fostering strong relationships across departments. Join this dynamic team to make a significant impact in enhancing operational risk standards and practices.

Qualifications

• 12+ years of experience in financial services with 7+ years in ORM.
• Strong understanding of banking products and ORM regulations.

Responsibilities

• Lead development and implementation of ORM Framework across the Group.
• Manage risk assessments and generate reports for senior management.

Skills

Operational Risk Management

Communication Skills

Analytical Skills

Problem-Solving

Bilingual (English and Arabic)

Education

Bachelor’s Degree

MBA (preferred)

Tools

Microsoft Office

Job description

Senior Operational Risk Manager

ADIB - Abu Dhabi Islamic Bank Abu Dhabi, United Arab Emirates

This role reports to the Head of Operational Risk Management and is responsible for developing a center of operational risk excellence. The manager will advise and coach business and operational risk stakeholders within their areas of responsibility.

Role: Senior Operational Risk Manager

Location: Abu Dhabi

Role Purpose:

• Lead the development and implementation of the Operational Risk Management Framework across the Group, ensuring alignment with enterprise risk strategy.
• Provide expert advice on operational risk matters related to business initiatives, projects, products, policies, and outsourcing engagements.
• Assist in identifying and mitigating operational risks, supporting risk assessments, incident analysis, and key risk indicator monitoring.
• Build strong relationships across the organization to promote a risk-aware culture.
• Develop and deliver training on operational risk standards, tools, and systems.

Key Responsibilities:

1. Coordinate with all business functions for the rollout of ORM policies and procedures.
2. Manage risk assessments, including workshops, root cause analyses, and risk evaluations.
3. Review policies and procedures, ensuring effective risk mitigation strategies are in place.
4. Generate reports on operational risk profiles and exposures for senior management.
5. Analyze control environment data and recommend management actions.
6. Ensure issues and actions are logged, tracked, and completed.
7. Align ORM tools and practices across the Group, including risk assessments and incident management.
8. Maintain ORM policies, standards, and regulatory compliance.
9. Conduct training sessions and awareness programs on ORM standards.
10. Coordinate audits and regulatory visits as needed.
11. Support operational risk committees and risk champions within the business.
12. Lead ORM projects related to systems, tools, and training.

Required Skills and Knowledge:

• Knowledge of international and local ORM practices and regulations.
• Strong communication, collaboration, and presentation skills.
• Analytical and problem-solving capabilities.
• Deep understanding of banking products, processes, and organizational structure.
• Proficiency in Microsoft Office and technology risk.
• Bilingual proficiency in English and Arabic.

Experience and Qualifications:

• Bachelor’s Degree with at least 12 years of experience in financial services, including 7+ years in ORM.
• Postgraduate studies such as an MBA are preferred.