Risk Manager Job vacancy in Dubai
Risk Manager job opportunity in Dubai, United Arab Emirates in January 2026 intake. Are you an experienced Risk Manager looking for a new challenge? Whether you are seeking for a new job or job change Whizmo is giving you a chance to be among their teamwork.As a Risk manager you will be responsible for establishing and maintaining an effective risk management framework to identify, assess, monitor, and mitigate risks that could affect the organization’s objectives, profitability, safety, and long-term sustainability.
Department : Risk
Reports to : CEO
Job location: 100% Office
Key Responsibilities, Duties and Accountabilities
- Risk Governance & Framework
- Develop, implement, and maintain a comprehensive
- Risk Management Framework (RMF) consistent with CBUAE
- Risk Management Standards and ISO 31000 principles, and internal governance requirements.
- Ensure independence of the Risk function as the second line of defense, separate from operational management and internal audit.
- Support the Board and Board
- Risk and Compliance Committee (BRCC) in overseeing risk strategy and risk appetite.
- Collaborate with Head of Compliance and Assurance to ensure alignment on regulatory and internal risk policies.
Risk Identification & Assessment
- Identify, assess, and mitigate strategic, financial, operational, credit, and technology risks.
- Conduct periodic enterprise-wide risk assessments and scenario analyses to determine risk exposures and emerging threats.
- Evaluate the effectiveness of internal controls and risk mitigation measures.
- Contribute to defining risk appetite and risk tolerance levels appropriate to business strategy and operational scale.
Risk Monitoring & Reporting
- Maintain risk registers, Key Risk Indicators (KRIs), and dashboards to monitor exposures across business lines.
- Escalate breaches of risk appetite in accordance with CBUAE governance standards.
- Prepare risk- related reports for the BRCC, and senior management, highlighting material risk exposures, trends, and breaches.
- Coordinate with Compliance for any regulatory risk related submissions, and governance reports required by the CBUAE and other relevant authorities.
- Support Management in licensing submissions related to Risk Management.
- Maintain documentation demonstrating compliance with applicable risk management requirements under SVF and RPSCS Regulations.
Operational & Technology Risk Oversight
- Oversee risk controls over business continuity and third-party service providers.
- Conduct periodic reviews and stress tests to evaluate resilience against operational disruptions, or system failures.
- Ensure that Business Continuity and Disaster Recovery frameworks meet CBUAE Operational Resilience expectations.
- Work in coordination with the Information Security Manager to, maintain and implement the organization’s Business Continuity Plan and Management (BCP & BCM).
Risk Culture & Awareness
- Provide training for employees to become aware of risks and learn to mitigate them.
- Provide coaching, developskills, deepen learning,and improve performance of employees and peers.
- Foster a risk-aware culture across the organization
Future Growth and Team Development
- The Risk manager will scale the Risk function, recruiting, mentoring, and management a risk team, as business requirements.
Minimum Qualification:
- A minimum of a bachelor’s degree in business studies, Finance, Accounting, Economics, Engineering, Financial Risk Management, or Law (A master’s degree in one or more of these fields will be an advantage).
- Financial Risk Manger(FRM) or Professional Risk Management (PRM) or Chartered Financial Analyst (CFA) or similar certification.
Minimum Experience:
- A minimum of 10 years of in risk management in financial services, mobile wallet or money exchange, ideally in CBUAE – regulated entities
- Sound knowledge of the CBUAE’s Risk Management Framework and Standards. Preferably familiar with SVF and RPSCS regulations.
Skills:
- In addition to the quantitative qualifications listed above, the following qualitative factors will be assessed:
- Excellent stakeholder management skills, able to report and escalate to CEO and Board.
- Strong analytical skills, with experience in scenario analysis, stress testing and risk quantification.
- Ability to influence risk culture and promote awareness across teams.
- Experience in risk assessment, monitoring, reporting, dashboards, and KRI development.
- Strong analytical skills, with experience in scenario analysis, stress testing, and risk quantification.
- Leadership potential to grow the risk function as business volume increase
How to Apply
Please submit your application to the application button below after read this job description thoroughly.
Sources of Information: This job announcement is primarily announced by Whizmo on their official LinkedIn account.
