Assistant Operational Risk Manager

Job description / Role

A reputable and well-established Bank company is actively recruiting an Assistant Operational Risk Manager for their team in Umm Al Quwain.

Please note that you must meet all the criteria set out below for your application to be considered. Suitable candidates will be contacted within 5 working days. If you are not contacted by us within that time, please consider your application unsuccessful on this occasion.

The main responsibilities will include but not limited to:
- Assist and implement the operational risk management strategy ensuring adherence to both internal policies and external regulations.
- Conduct qualitative risk assessments for business units to identify potential expected losses.
- Review vendor proposals and provide feedback.
- Analyse efficiency of controls in maintaining acceptable risk levels.
- Prepare reports and communicate with senior management the key findings, critical issues, and risks.
- Identify training requirements and conduct training programs for staff.
- Stay updated on industry trends, regulatory changes, and best practices in operational and fraud risk management.

- Bachelor's degree in finance, Business Administration, or equivalent.
- Certification in Operational Risk.
- Minimum of 8 years of experience in ORM or process improvement within the banking industry in the UAE.
- In-depth knowledge of UAE banking laws and regulations.
- Strong relationship and team management skills
- Solid risk management experience with a strong understanding of regulatory requirements, financial markets, and industry standards.
- Applicants should be available for face-to-face interviews in the location mentioned above.

About the Company

Flow Talent have been sourcing the best Banking, Technology, Financial Services & Legal professionals locally and internationally for leading organisations across the Middle East region since 2018.

Through years of experience, we know there is significant demand for highly skilled professionals and pride ourselves on having the highest calibre candidates. As a team, we strive to help our clients achieve operational and business excellence by identifying quality talent, quickly, through our collaborative approach.

Flow place professionals in the following sectors: - Banking & Financial Services - Digitalisation & Technology - Legal & Compliance

We help our clients with: - Contingent Recruitment: - Retained Recruitment - Emiratization and Saudization - Market Entry