83 Financial Risk Manager jobs in the United Arab Emirates

Job Overview:

We are seeking a highly skilled Credit Control professional to join our team. As an accounting representative, you will be responsible for clearing the credit control mailbox and communicating with brokers/clients on AR balances, sending receipts, and Statements of Accounts.

Main Responsibilities:

• Manage and mitigate credit risk by analyzing financial data and identifying potential issues.

• Drive continuous improvement in reducing debt ageing by streamlining processes and implementing effective collection strategies.

• Develop and maintain relationships with client organizations to aid collections and accuracy of receipt forecasting.

• Ensure the highest level of data protection and confidentiality towards all stakeholders.

• Resolve queries both internally and externally around expected payment timing of outstanding balances.

• Ensure reconciliation of Statements of Accounts on an ongoing basis.

• Prepare Statements of Accounts and receipts when requested.

• Maintain leadership in integration and system migration initiatives.

Required Skills & Qualifications:

• Bachelor's degree in accounting or a related field.

• Advanced Microsoft Office skills, particularly in Word, Excel, and PowerPoint.

About this Role:

This is an exciting opportunity to work in a dynamic environment where you will be empowered to make a significant impact on the company's financial performance. We offer a competitive salary and benefits package, as well as opportunities for professional growth and development.

Equal Opportunities Employer:

We are an equal opportunities employer and welcome applications from diverse candidates. All qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy), or related medical conditions, sexual orientation, gender identity, or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status, or any other characteristic protected by applicable equal employment opportunity laws.

Securities Market Compliance Officers are critical to ensuring that wholesale markets sales and trading businesses operate within relevant laws and regulations.

This role plays a pivotal part in the management of compliance risks, focusing on products such as FX, interest rate swaps, and government bonds. To excel, you will need to demonstrate a deep understanding of wholesale markets operations and be able to identify and mitigate compliance risks, including market manipulation, anti-competition, client protection, franchise, and regulatory issues.

You must be a self-starter with intellectual curiosity, strong analytical skills, and the ability to continuously improve the management of compliance risk in your area of responsibility. This is a fantastic opportunity to work in an interesting business combining primary and secondary markets activity.

Key Responsibilities:

• Assist in designing, developing, delivering, and maintaining best-in-class compliance programs, policies, and practices for ICRM.
• Provide guidance on rules and regulations relating to function / business / product operational issues.
• Coordinate with regulators and other parties during regulatory inquiries and examinations.
• Collaborate with internal areas to address compliance issues impacting the supported function / business / product.
• Support the team in performing timely compliance reviews of new products.
• Develop and administer compliance training for the Markets Products business.

Benefits and Perks:

Citi offers a competitive base salary, annual performance-related bonus, private medical insurance packages, employee assistance program, pension plan, paid parental leave, access to learning and development resources, and a hybrid working model allowing for up to 2 days of remote work per week.

My client, a global leader in strategic management consulting, is currently seeking an Associate / Senior Associate with expertise in Market Risk for the Financial Services Sector. The role is based in Dubai and focuses on consulting opportunities within the Market Risk domain across the Middle East region. Candidates must be willing to travel 80% - 90% of the time. The role requires leadership of a small team and aims to grow the Market Risk practice. Ideal candidates will have at least 7+ years of professional experience with a good mix of Banking and Management Consulting exposure. The client prefers candidates who graduated from top-tier universities and, ideally, completed MBAs at globally recognized institutions (e.g., London Business School, INSEAD, Harvard).
Key responsibilities include but are not limited to:
• Review derivative and capital market instrument pricing models
• Review operational risk management and internal control policies and procedures
• Develop and support risk management models for client deliverables
This opportunity offers the chance to work within a trusted global brand and provides a clear career development path. A generous tax-free package plus benefits are available for the right candidate.

About The Company

New Sourcing International (NSI) is a leading international talent acquisition group, established in 1999, with operations worldwide. We provide niche recruitment solutions tailored to specific markets, regions, and industries. Managed by industry professionals with diverse domain and geographic experience, NSI has a broad database and tools to access both passive and active candidates. Our presence spans countries including Australia, North America, Africa, UK, and the UAE. For over 11 years, NSI has offered recruitment, executive search, headhunting, outsourcing, contract staffing, and project recruitment services.

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Role & Responsibilities

As an Assistant Manager within the Financial Risk Management ("FRM") Team you will provide a wide range of treasury advisory services to our corporate clients including review and implementation of treasury strategies, policies, target operating models, cash/liquidity management processes, hedging strategies as well as treasury systems selection and implementation.

Job Description

Role & Responsibilities

As an Assistant Manager within the Financial Risk Management ("FRM") Team you will provide a wide range of treasury advisory services to our corporate clients including review and implementation of treasury strategies, policies, target operating models, cash/liquidity management processes, hedging strategies as well as treasury systems selection and implementation.

Project and Team Related

• Manage multiple corporate treasury projects and ensure all engagements are planned and delivered within budget and on time
• Manage teams and be responsible for delivering high quality results and generating effective and impactful solutions
• Remain current on new developments in corporate treasury
  
  

• Establish, maintain and strength internal and external relationships
• Support senior management team to identify new opportunities
• Draw on your knowledge and experience to create practical and innovative insights for clients contributing to KPMG thought leadership
  
  

• Thorough understanding of corporate Treasury
• Good technical knowledge of treasury systems and previous experience in systems selection and implementation (KYRIBA, FIS, SAP Hana, GTreasury, etc.)
• Good undersigning of cash and liquidity management and previous experience in cash flow forecasting and cash pooling
• Prior experience in financial modeling and financial risk management
• Detailed knowledge of treasury products pricing and accounting treatments
• Strong analytical and problem solving skills
• Prior experiences in managing and motivating a team in Treasury related areas
• Strong ability to map client business requirements and convert the same to a viable business proposition
• Exposure to business development in consulting (Pre-sales support, proposals, RFP responses)
• Strong communication skills with client facing experience.
• Ability to work under pressure – stringent deadlines and tough client conditions which may demand extended working hours.
• Demonstrate integrity, values, principles, and work ethic and lead by example
  
  

• As a minimum a bachelor's degree in a relevant field including Finance or Accounting.
• Prior work experience (7+ years) in a corporate treasury function or Consultancy/Big 4 firm
• Professional certification such as ACA, ACCA, CPA, CA or CFA
• Aptitude for quantitative analysis and strong numerical skills with evidence of advanced financial modeling skills
• Experience in analytical and treasury systems such as Kyriba, FIS, SAP HANA, GTreasury, ION, etc.
  
  

• A professional work environment full of challenges and development opportunities
• A competitive salary and benefits package
• Ongoing training and coaching to develop new skills and progress your career
  
  

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance and Sales
• Industries Accounting

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• Mange multiple FRM projects and ensure all engagements are planned and delivered within budget and on time
• Own and implement initiatives around market and liquidity risks
• Manage teams as well as senior client stakeholders and be responsible for delivering high quality results and generating effective and impactful solutions
• Play a key role in the development of less experienced staff through mentoring, training and advising
• Remain current on new developments in Risk advisory services capabilities and financial industry knowledge.

• Mange multiple FRM projects and ensure all engagements are planned and delivered within budget and on time
• Own and implement initiatives around market and liquidity risks
• Manage teams as well as senior client stakeholders and be responsible for delivering high quality results and generating effective and impactful solutions
• Play a key role in the development of less experienced staff through mentoring, training and advising
• Remain current on new developments in Risk advisory services capabilities and financial industry knowledge.

• Establish, maintain and strengthen internal and external relationships
• Identify possible opportunities and direct pursuit for new client opportunities
• Draw on your knowledge and experience to create practical and innovative insights for clients contributing to KPMG thought leadership

• As a minimum a bachelor’s degree in a relevant field including Finance, Financial Engineering, Economics, Applied Mathematics or similar.
• 10+ years of strong financial risk management /Quantitative analysis experience within financial institutions or Consultancy/big 4 firms
• Professional certification in FRM, PRM, CFA is recommended but not mandatory
• Aptitude for quantitative analysis and strong numerical skills with evidence of advanced financial modeling skills
• Experience in analytical and risk management tools/systems (e.g. Python, R, SAS, VBA, MATLAB)

• Thorough understanding of Market Risk and Liquidity Risk
• Experience in Quantitative Analytics, Market Risk Models including VaR, FRTB, Stress testing, Liquidity Analysis including ILAAP, Capital and RWA Management and Optimization, IRRBB, XVA and PFE
• Experience with risk models development and validation
• Good understanding of Spot and Derivative markets operations for equities, interest rate, credit, commodities and foreign exchange products; Risk management (hedging strategies) and valuation aspects of the same
• Prior experience in Financial Modeling
• Good understanding of local and international regulatory requirements including Basel
• Strong analytical and problem solving skills
• Prior experiences in managing and motivating a team in risk related areas, with clear leadership in market and liquidity risks
• Strong ability to map client business requirements and convert the same to a viable business proposition
• Exposure to business development in consulting (Pre-sales support, proposals, RFP responses)
• Strong communication skills with client facing experience.
• Ability to work under pressure – stringent deadlines and tough client conditions which may demand extended working hours.
• Willingness to travel anywhere within UAE or abroad
• Demonstrate integrity, values, principles, and work ethic and lead by example

A leading Abu Dhabi based FinTech.

Credit Risk Strategy, Underwriting & Decisioning:

• Develop and implement credit risk assessment models, underwriting guidelines, and risk scoring mechanisms for invoice financing and revenue-based financing products
• Own and oversee end-to-end credit underwriting for borrowers, ensuring compliance with internal policies and FSRA regulatory guidelines
• Develop quantitative and qualitative risk assessment models to analyze financials, cash flows, and repayment behavior of the borrower
• Lead credit committee discussions, articulating risk assessments and recommendations on financing approvals

Portfolio Risk, Performance Monitoring & Reporting:

• Conduct stress testing, scenario analysis, and sensitivity modeling to evaluate portfolio resilience
• Build dynamic exposure management models, optimizing capital allocation based on risk-return trade-offs
• Partner with Sales & Business Development to structure financing solutions that align commercial growth with risk control
• Collaborate with Product & Tech teams to refine digital loan origination and underwriting workflows
• Engage with the Data Science team to build automated data driven credit evaluation, analysis and decision engines for scalability

Reporting:

• Ensure all credit risk policies and reporting standards are aligned with FSRA regulatory requirements
• Assist in developing key risk indicators (KRIs) and portfolio benchmarks for strategic decision-making
• Prepare high-quality reports and presentations for executive leadership, audit committees, and board meetings
• Provide data-driven insights on portfolio performance, risk exposure, and credit quality trends

Experience Requires:

• 4-6 years of experience in Credit Risk, Trade Finance, SME Financing, Supply Chain Finance, or Working Capital Lending within a Bank, NBFC, or FinTech.
• Strong track record of managing end-to-end credit processes, including underwriting, risk scoring, collections, and portfolio management.
• In-depth understanding of SME financing models, B2B trade credit, invoice discounting, and alternative credit assessment methodologies.
• Experience working with FSRA, DIFC, or other GCC regulatory frameworks governing credit risk.
• Background in financial risk modeling, cash flow analysis, and exposure management.

Preferred Qualifications:

• Chartered Accountant (CA) / Chartered Financial Analyst (CFA) / Financial Risk Manager (FRM) - Highly preferred.
• MBA (Finance, Risk, or Strategy) from a top-tier institution is a strong plus.
• Exposure to data-driven risk

Company Overview: We are a leading regulated Virtual Asset Service Provider (VASP) based in Dubai, offering a comprehensive suite of services including virtual asset brokerage, OTC trading, yield-generating products, and virtual asset lending. As we scale our operations to serve high-net-worth individuals, family offices, and institutional clients, we are seeking a highly skilled Senior Manager to manage Credit, Counterparty, and Market Risk to strengthen our risk management framework and ensure alignment with regulatory standards and best practices.

Role Summary:

The Senior Manager will be responsible for the end-to-end management of credit risk, counterparty risk, and market risk exposures across the group's virtual asset products and services. This role demands a deep understanding of traditional finance risk principles, combined with strong experience in emerging virtual asset markets. The role will report directly to the Head of Risk and will work closely with senior management, trading, compliance, product, and legal teams to ensure a robust and proactive risk environment.

Key Responsibilities:

Credit & Counterparty Risk Management

• Lead credit risk assessments for counterparties, institutional clients, OTC participants, and borrowers.

• Develop, implement, and maintain the credit risk management framework , including risk appetite, policies, procedures, and delegation matrices.

• Set and monitor counterparty exposure limits, assess creditworthiness, and manage collateral frameworks (e.g., margin, netting agreements).

• Conduct ongoing due diligence and periodic reviews of active counterparties.

• Design and implement credit scoring methodologies appropriate for virtual asset products and markets.

Market Risk Management

• Monitor and manage market risk exposures arising from proprietary positions, client flows, lending activities, and structured yield products.

• Develop market risk metrics (VaR, stress testing, scenario analysis) and implement real-time risk monitoring tools.

• Conduct daily P&L and exposure analysis, flagging material movements and breaches to senior management.

• Advise trading desks and treasury teams on risk-adjusted strategies.

Regulatory Compliance & Reporting

• Ensure full compliance with applicable Dubai regulatory requirements for VASPs (e.g., VARA guidelines, DFSA principles if applicable).

• Prepare and submit internal and regulatory risk reports as required.

• Engage with regulators during supervisory reviews, inspections, and audits, specifically in relation to credit and market risk management.

Strategic Risk Initiatives

• Partner with Product, Legal, and Business Development teams to ensure risk factors are embedded into new product launches.

• Drive initiatives to digitize and automate risk assessment, monitoring, and reporting processes.

• Support the development of a strong risk culture across the organization.

Committee Participation

• Serve as a key member of the Risk Committee, Credit Committee, and Product Launch Committee.

• Present regular risk reports and material findings to executive management and the Board Risk Committee.

Qualifications & Experience:

• Bachelor’s or master’s degree in finance, Economics, Risk Management, or related fields.

• Minimum 8–10 years of experience in credit risk, counterparty risk, and/or market risk roles within financial services, with at least 2 years' exposure to digital assets or alternative assets preferred.

• Strong understanding of OTC trading, brokerage operations, lending products, and yield structures.

• Solid knowledge of collateralized lending, counterparty exposure management, and margining practices.

• Hands-on experience developing risk models and frameworks (credit scoring, VaR, stress tests).

• Familiarity with Dubai VASP regulations (VARA) and/or international virtual asset regulatory frameworks.

• Previous experience interacting with regulatory bodies preferred.

• FRM (Financial Risk Manager) – Mandatory.

• CFA (Chartered Financial Analyst) – Mandatory.

• CAMS (Certified Anti-Money Laundering Specialist) is a plus.

Skills & Attributes:

• Highly analytical with strong quantitative risk management skills.

• Excellent judgment and ability to balance risk and commerciality.

• Strong communication and stakeholder management skills.

• Ability to thrive in a dynamic, high-growth, and evolving regulatory environment.

• Integrity, attention to detail, and a proactive problem-solving approach.

At M2 we believe in a workplace where talent, dedication, and passion are the only factors that count, regardless of gender, background, age, and other characteristics.

We embrace diversity because we know that it fuels innovation, fosters creativity, and drives success. So, if you're ready to join a team where your potential is truly valued, welcome aboard!

Job Purpose:
The bank is organized along the three lines of defense operating model. Group Credit is part of the control function in the second line of defense. The Credit Risk unit reports to Head of Credit Risk unit, the Group Head of Corporate Credit, DIFC CEO, Group Chief Credit Officer who in turn reports to the Group Chief Credit & Risk Officer who reports to the Group Chief Executive Officer. Within the Credit Analyst/Underwriter function the individual jobs will comprise different aspects and percentages of the following three broad categories.

1. Credit portfolio management – 65%
2. Risk related project management – 15%
3. Development – 20%

• Support Head of Credit Risk who supports the first line of defense across a number of geographies either as a principle or secondary point of contact. The GCA is to work across all types of transaction including sovereign, corporate and financial institutions.
• The GCA is to provide support in terms of interpretation of the Group Credit Policy its related Standards and Procedures.
• The GCA is available for consultation on Credit Application Forms (CAF) as to whether the CAF is adequate in terms of its explanation and mitigation of the risks associated with the transaction under discussion.
• On submission of the CAF the GCA ensures that it is in compliance with group policies and requirements. Comments on any deficiencies and indicate a level of support, be it positive, negative or conditional for the submission.
• On a sample basis (minimum of 10%) the GCA ensures that spreadsheets have been compiled correctly, covenants have been complied with and any additional conditionality delivered.
• The GCA is to ensure that any documentation outstanding on the OOO (Out of Order) report is covered in the CAF and reasons provided to mitigate any potential risk.
• The GCA is to monitor developments in the countries he/she covers. There is an expectation of travel to the countries on an annual basis with such visits informing the annual review of the bank’s exposure in that country.
• The GCA is to monitor the completeness of the annual reviews from a country and ensure that they are delivered on a timely basis.
• From time to time the GCA will be required to assist in delivery of reports on sectors within a country or assist in the compilation of a wider report across many jurisdictions.
• As part of the portfolio management process the GCA must identify any relationships or sectors that could result in elevated credit risk or non-repayment of the borrower’s obligations. All such names must appear on the report – Accounts Requiring Close Monitoring before being downgraded to a Risk Rating 8.

• Risk related projects can comprise a number of items from a single item; such as a report amendment adding to the efficiency or effectiveness of the department, to providing input on a multi-million dollar transformational project. In either instance the GCA is to provide assistance and support as part of the general day to day business.
• The GCA is expected to record his contribution to projects for evaluation as part of the career management process.

• GCA must ensure that they are receiving appropriate training from either internal or external sources. The GCA must attend at least one course per annum from an external provider and take regular internal seminars or presentations from subject matter experts.

• Excellent PC skills, particularly MS Office and ability to present information.
• Good Communications/interpersonal skills.
• Good degree of analytical and problem-solving skills.
• Basic understanding of IFRS requirements.
• Advantage: Understanding of Banking products and the related market dynamics.
• Advantage: Awareness of Performance Management tools

• Degree with an element of finance or equivalent, Institute of Bankers associate or equivalent

• Seasoned corporate credit professional (who understands financial as well as other key credit matters) with significant experience (10 years +) of UAE/ GCC corporates, market knowledge, UAE/GCC credit contacts along with good stakeholder management skills

• Work as a team member, good communication and presentation skills, accountability, and transparency