Lead the implementation of Risk Management Framework (RMF) in accordance with VARA regulatory requirements
Develop, maintain, and regularly update the organization's Risk Appetite Statement, Risk Register, and Risk Control Self-Assessments (RCSAs)
Design and document comprehensive risk policies, procedures, and internal control mechanisms
Conduct thorough risk assessments across multiple domains including operational, cyber security, regulatory compliance, vendor management, financial, and third-party risks
Perform comprehensive risk reviews for new product launches, service offerings, and geographical expansions
Lead scenario analysis initiatives, stress testing exercises, and business continuity planning (BCP) development
Establish and monitor Key Risk Indicators (KRIs), evaluate control effectiveness, and identify early warning signals
Prepare comprehensive periodic risk reports for senior management and Board Risk Committee presentations
Coordinate and support internal audits, external audits, regulatory inspections, and VARA regulatory submissions
Partner closely with Compliance, Product Development, Technology, Legal, and Operations teams to foster a robust risk management culture
Facilitate Risk & Control Self-Assessment (RCSA) workshops and oversee issue remediation tracking processes
Provide strategic advisory services to business units regarding emerging risks and effective mitigation strategies
Ensure comprehensive implementation, testing, and documentation of all risk-related obligations under VARA Risk Management Rulebook
Contribute to the preparation and submission of regulatory filings and reports as required by VARA
Maintain current knowledge of UAE and international risk management standards within the digital asset ecosystem
7-10 years of progressive experience in enterprise risk management, operational risk, or internal controls within financial services, fintech, or digital asset organizations
Strong understanding of UAE regulatory landscape with hands-on experience working with VARA, ADGM, or DFSA frameworks highly preferred
Comprehensive knowledge of established risk management frameworks including ISO 31000, COSO ERM, governance principles, and control testing methodologies
Background in digital asset risk management or technology risk assessment is strongly advantageous
Bachelor's or Master's degree in Finance, Risk Management, Business Administration, or related discipline
Professional certifications such as Financial Risk Manager (FRM), Institute of Risk Management (IRM), or Certified in Risk and Information Systems Control (CRISC) preferred
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Risk Officer - Dubai, United Arab Emirates - Stanley Mac
Description
Position Overview
We are seeking an experienced Risk Officer to join our team and lead the implementation and management of our comprehensive enterprise risk management framework. The successful candidate will be responsible for identifying, assessing, monitoring, and mitigating risks across operational, regulatory, and technology domains while ensuring strict adherence to VARA's Risk Management and Compliance Rulebooks.
Key Responsibilities
Risk Governance & Framework Development
Risk Identification & Assessment
Risk Monitoring & Reporting
Cross-Functional Collaboration & Advisory Services
Regulatory Compliance & Engagement
Required Qualifications & Experience
Professional Experience:
Regulatory Knowledge:
Technical Expertise:
Educational Background:
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Risk Officer
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Chief Risk Officer
Only for registered members Dubai
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Chief Risk Officer
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Officer Governance Risk
Only for registered members Dubai
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Chief Risk Officer
Only for registered members Dubai, Dubai
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Market Risk Officer
Only for registered members Dubai, Dubai
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Chief Risk Officer
Only for registered members Dubai
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Operational Risk officer
Only for registered members Dubai
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Risk Compliance Officer
Only for registered members Dubai
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Operational Risk Senior Officer
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Group Chief Risk Officer
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Chief Risk and Compliance Officer
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Chief Risk and Compliance Officer
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Senior Business Risk Officer
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Patient Safety and Risk Officer
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Junior Risk Officer- Arabic Speaker
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Middle Office Analyst Energy Trading Risk
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Middle Office Analyst Energy Trading Risk
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Middle Office Analyst Energy Trading Risk
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Middle Office Analyst Energy Trading Risk
Only for registered members Dubai