Senior Risk Officer – AML & Market Risk Expert

Daman Securities LLC; Dubai; On-site; AED 350,000 - 650,000; Full time

Job summary

Daman Securities LLC seeks a Risk Officer to identify, analyze, and mitigate financial, operational, and market risks across the firm in Dubai. You will develop comprehensive risk management policies and ensure regulatory AML compliance while focusing on leveraged accounts and cross‑department collaboration.

The role requires strong analytical abilities and experience with risk modeling, reporting KRIs to senior management, and coordinating with Trading, Operations, IT, and Compliance teams to

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, Risk Management, or related field.
• This role falls under regulation by UAE CMA/SCA; accreditation required.
• MBA or relevant advanced degree preferred.

Responsibilities

• Identify potential financial, operational, and market risks affecting Daman Securities.
• Conduct regular risk assessments and audits to evaluate risk controls.
• Analyze market trends, financial statements, and economic data to predict risks.
• Use quantitative models to forecast impact of risk scenarios.
• Develop and implement risk management strategies and policies.
• Monitor risk exposure levels and report findings to senior management.
• Ensure AML policies including customer due diligence, monitoring, and suspicious activity reporting.

Skills

Financial markets

AML regulations

Risk assessment

Analytical skills

Communication skills

Education

Bachelor's degree in Finance/Economics/Business Administration/Risk Management

MBA or advanced degree preferred

CFA/FRM/PRM or equivalent certifications desirable

Tools

Risk management software

Job description

Daman Securities LLC seeks a Risk Officer to identify, analyze, and mitigate financial, operational, and market risks across the firm in Dubai. You will develop comprehensive risk management policies and ensure regulatory AML compliance while focusing on leveraged accounts and cross‑department collaboration.

The role requires strong analytical abilities and experience with risk modeling, reporting KRIs to senior management, and coordinating with Trading, Operations, IT, and Compliance teams to