286 Risk Control jobs in the United Arab Emirates
Exchange Risk Control Manager
Posted today
Job Viewed
Job Description
- Monitor real-time market data (e.g., prices, trading volume, open interest, volatility) to detect abnormal trading behaviors (e.g., market manipulation, insider trading, algorithmic trading failures) and systemic risks.
- Design, implement, and optimize market risk surveillance models and alert thresholds (e.g., price deviation, liquidity metrics, volatility cones, stress test scenarios).
- Administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.
- Analyze extreme market events (e.g., flash crashes, liquidity droughts) and develop contingency plans.
2. Clearing & Counterparty Risk Management:
- Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements.
- Assess and manage counterparty credit risks (default risks) under the central counterparty (CCP) clearing framework.
- Participate in or lead the evaluation, optimization, and stress testing of clearing margin models (e.g., SPAN/TIMS).
- Oversee daily margin calls and the execution of default management procedures.
3. Operational & Technology Risk Mitigation:
- Identify and evaluate operational risks related to trading, clearing, and data systems (e.g., system failures, cyberattacks, data inaccuracies).
- Participate in risk assessments for core system upgrades (e.g., trading/clearing engines, market data feeds) and post-deployment monitoring.
- Develop and test business continuity plans (BCP) and disaster recovery plans (DRP).
- Monitor the stability and compliance of member connectivity systems.
- Contribute to member onboarding and ongoing risk assessments, including reviews of their risk control frameworks.
- Monitor concentration risks, abnormal trading activities, and compliance among members' clients.
- Conduct preliminary analyses of risk incident reports and investigations involving members or clients.
5. Compliance & Regulatory Reporting:
- Ensure exchange risk management practices comply with regulatory requirements (e.g., CSRC, CFTC/SEC, SFC).
- Prepare and submit periodic risk reports, ad-hoc incident disclosures, and responses to regulatory inquiries.
- Track updates to global financial regulations (particularly on market/clearing risks and system resilience) and assess their impact on exchange operations.
- Continuously refine the exchange's risk policies, procedures, and emergency protocols.
- Drive automation and AI-powered upgrades to risk systems to improve monitoring efficiency and accuracy.
- Conduct quantitative risk analysis, back-testing, and model validation.
- Collaborate with trading, clearing, technology, legal, and compliance teams to embed risk controls into business processes.
Job Requirements
1. Educational Background:
- Bachelor's degree or higher in Financial Engineering, Finance, Economics, Mathematics, Statistics, Computer Science, Risk Management, or a related field. A master's degree is preferred.
2. Work Experience:
- 5+ years of experience in financial market risk management, including at least 2-3 years in market risk, clearing risk, or trading system monitoring at exchanges, clearinghouses, risk control departments of top-tier brokerages/futures firms, large quantitative funds, or financial regulatory agencies. Must be familiar with exchange operations, trading rules, clearing processes, and core system architecture. Experience in central counterparty (CCP) risk management, algorithmic trading surveillance, or stress testing modeling is a plus.
3. Professional Knowledge & Skills:
- Financial Market Expertise:
Deep understanding of financial instruments (e.g., equities, futures, options, derivatives) and their pricing/risk characteristics. Risk Management Techniques: Proficient in market risk measurement (VaR, ES), margin calculation principles (SPAN/TIMS), stress testing, scenario analysis, and counterparty credit risk assessment (EAD, PFE, CVA).
- Strong Data Analysis & Quantitative Skills:
Advanced Excel skills; proficiency in at least one programming language for data analysis (Python or R strongly preferred). Proficient in SQL for data querying and processing. Data visualization skills (Tableau, Power BI, etc. are a plus). Experience in risk model development or validation is preferred.
- Exchange Systems & Technology:
Knowledge of trading systems (e.g., order-matching engines), clearing systems, and market data distribution mechanisms, with an awareness of risks in low-latency, high-concurrency systems.
- Regulatory Compliance:
Familiarity with relevant regulations (e.g., *Futures and Derivatives Law*, exchange rules, PFMI, EMIR, MiFID II, digital asset regulations).
4. Core Competencies:
- Risk Sensitivity & Quick Response: Ability to swiftly identify risk signals and make preliminary judgments under pressure.
- Analytical, Problem-Solving & Decision-Making Skills: Capable of handling complex, ambiguous risk scenarios and proposing effective solutions.
- Attention to Detail & Responsibility: Highly data-sensitive, meticulous, and accountable for market safety.
- Communication & Coordination: Ability to clearly and professionally communicate risk matters with internal teams (e.g., technology, business) and external stakeholders (e.g., members, regulators).
- Resilience & Adaptability: Willingness to handle events (may involve shifts or on-call duty).
- Continuous Learning: Keeps abreast of financial innovations (e.g., new derivatives, DeFi, crypto assets) and risk management advancements.
5. Preferred Qualifications:
- FRM, CFA, PRM, or similar certifications are highly desirable.
- Strong English reading and writing skills.
Boost your career Find thousands of job opportunities by signing up to eFinancialCareers today.#J-18808-LjbffrExchange Risk Control Manager
Posted today
Job Viewed
Job Description
Any Graduation, Chartered Financial Analyst(Finance)
Nationality
Any Nationality
Vacancy
1 Vacancy
Job Description
Key Responsibilities
- Monitor real-time market data (e.g., prices, trading volume, open interest, volatility) to detect abnormal trading behaviors (e.g., market manipulation, insider trading, algorithmic trading failures) and systemic risks.
- Design, implement, and optimize market risk surveillance models and alert thresholds (e.g., price deviation, liquidity metrics, volatility cones, stress test scenarios).
- Administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.
- Analyze extreme market events (e.g., flash crashes, liquidity droughts) and develop contingency plans.
2. Clearing & Counterparty Risk Management:
- Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements.
- Assess and manage counterparty credit risks (default risks) under the central counterparty (CCP) clearing framework.
- Participate in or lead the evaluation, optimization, and stress testing of clearing margin models (e.g., SPAN/TIMS).
- Oversee daily margin calls and the execution of default management procedures.
3. Operational & Technology Risk Mitigation:
- Identify and evaluate operational risks related to trading, clearing, and data systems (e.g., system failures, cyberattacks, data inaccuracies).
- Participate in risk assessments for core system upgrades (e.g., trading/clearing engines, market data feeds) and post-deployment monitoring.
- Develop and test business continuity plans (BCP) and disaster recovery plans (DRP).
- Monitor the stability and compliance of member connectivity systems.
Job Requirements
1. Educational Background:
- Bachelor's degree or higher in Financial Engineering, Finance, Economics, Mathematics, Statistics, Computer Science, Risk Management, or a related field. A master's degree is preferred.
2. Work Experience:
- 5+ years of experience in financial market risk management, including at least 2-3 years in market risk, clearing risk, or trading system monitoring at exchanges, clearinghouses, risk control departments of top-tier brokerages/futures firms, large quantitative funds, or financial regulatory agencies. Must be familiar with exchange operations, trading rules, clearing processes, and core system architecture. Experience in central counterparty (CCP) risk management, algorithmic trading surveillance, or stress testing modeling is a plus.
3. Professional Knowledge & Skills:
- Financial Market Expertise:
Deep understanding of financial instruments (e.g., equities, futures, options, derivatives) and their pricing/risk characteristics. Risk Management Techniques: Proficient in market risk measurement (VaR, ES), margin calculation principles (SPAN/TIMS), stress testing, scenario analysis, and counterparty credit risk assessment (EAD, PFE, CVA).
- Strong Data Analysis & Quantitative Skills:
Advanced Excel skills; proficiency in at least one programming language for data analysis (Python or R strongly preferred). Proficient in SQL for data querying and processing. Data visualization skills (Tableau, Power BI, etc. are a plus). Experience in risk model development or validation is preferred.
5. Preferred Qualifications:
- FRM, CFA, PRM, or similar certifications are highly desirable.
- Strong English reading and writing skills.
Disclaimer: is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at
#J-18808-LjbffrMarket Risk Control Specialist
Posted today
Job Viewed
Job Description
Job Title: Market Risk Manager
Job Description:
- Market Risk Management: Develop and implement market risk models to monitor real-time market data, detect abnormal trading behaviors, and identify systemic risks. This includes designing and optimizing risk surveillance models, analyzing extreme market events, and developing contingency plans.
- Clearing & Counterparty Risk Management: Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements. Assess and manage counterparty credit risks under the central counterparty (CCP) clearing framework.
- Operational & Technology Risk Mitigation: Identify and evaluate operational risks related to trading, clearing, and data systems. Participate in risk assessments for core system upgrades and post-deployment monitoring.
- Compliance & Regulatory Reporting: Ensure exchange risk management practices comply with regulatory requirements. Prepare and submit periodic risk reports, ad-hoc incident disclosures, and responses to regulatory inquiries.
Required Skills & Qualifications:
- Financial Market Expertise: Deep understanding of financial instruments and their pricing/risk characteristics. Knowledge of risk management techniques, including VaR, ES, SPAN/TIMS, stress testing, scenario analysis, and counterparty credit risk assessment.
- Data Analysis & Quantitative Skills: Advanced Excel skills; proficiency in at least one programming language for data analysis (Python or R strongly preferred). Proficient in SQL for data querying and processing. Data visualization skills are a plus.
- Exchange Systems & Technology: Knowledge of trading systems, clearing systems, and market data distribution mechanisms. Awareness of risks in low-latency, high-concurrency systems.
- Regulatory Compliance: Familiarity with relevant regulations, including exchange rules, PFMI, EMIR, MiFID II, and digital asset regulations.
Benefits:
- Risk Sensitivity & Quick Response: Ability to swiftly identify risk signals and make preliminary judgments under pressure.
- Analytical, Problem-Solving & Decision-Making Skills: Capable of handling complex, ambiguous risk scenarios and proposing effective solutions.
- Attention to Detail & Responsibility: Highly data-sensitive, meticulous, and accountable for market safety.
Others:
- Continuously Refine Risk Policies: Keep abreast of financial innovations and risk management advancements.
- Desirable Qualifications: FRM, CFA, PRM, or similar certifications are highly desirable. Strong English reading and writing skills.
Exchange Risk Control Manager
Posted 5 days ago
Job Viewed
Job Description
Any Graduation, Chartered Financial Analyst(Finance)
Nationality
Any Nationality
Vacancy
1 Vacancy
Job Description
Key Responsibilities
- Monitor real-time market data (e.g., prices, trading volume, open interest, volatility) to detect abnormal trading behaviors (e.g., market manipulation, insider trading, algorithmic trading failures) and systemic risks.
- Design, implement, and optimize market risk surveillance models and alert thresholds (e.g., price deviation, liquidity metrics, volatility cones, stress test scenarios).
- Administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.
- Analyze extreme market events (e.g., flash crashes, liquidity droughts) and develop contingency plans.
2. Clearing & Counterparty Risk Management:
- Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements.
- Assess and manage counterparty credit risks (default risks) under the central counterparty (CCP) clearing framework.
- Participate in or lead the evaluation, optimization, and stress testing of clearing margin models (e.g., SPAN/TIMS).
- Oversee daily margin calls and the execution of default management procedures.
3. Operational & Technology Risk Mitigation:
- Identify and evaluate operational risks related to trading, clearing, and data systems (e.g., system failures, cyberattacks, data inaccuracies).
- Participate in risk assessments for core system upgrades (e.g., trading/clearing engines, market data feeds) and post-deployment monitoring.
- Develop and test business continuity plans (BCP) and disaster recovery plans (DRP).
- Monitor the stability and compliance of member connectivity systems.
Job Requirements
1. Educational Background:
- Bachelor's degree or higher in Financial Engineering, Finance, Economics, Mathematics, Statistics, Computer Science, Risk Management, or a related field. A master's degree is preferred.
2. Work Experience:
- 5+ years of experience in financial market risk management, including at least 2-3 years in market risk, clearing risk, or trading system monitoring at exchanges, clearinghouses, risk control departments of top-tier brokerages/futures firms, large quantitative funds, or financial regulatory agencies. Must be familiar with exchange operations, trading rules, clearing processes, and core system architecture. Experience in central counterparty (CCP) risk management, algorithmic trading surveillance, or stress testing modeling is a plus.
3. Professional Knowledge & Skills:
- Financial Market Expertise:
Deep understanding of financial instruments (e.g., equities, futures, options, derivatives) and their pricing/risk characteristics. Risk Management Techniques: Proficient in market risk measurement (VaR, ES), margin calculation principles (SPAN/TIMS), stress testing, scenario analysis, and counterparty credit risk assessment (EAD, PFE, CVA).
- Strong Data Analysis & Quantitative Skills:
Advanced Excel skills; proficiency in at least one programming language for data analysis (Python or R strongly preferred). Proficient in SQL for data querying and processing. Data visualization skills (Tableau, Power BI, etc. are a plus). Experience in risk model development or validation is preferred.
5. Preferred Qualifications:
- FRM, CFA, PRM, or similar certifications are highly desirable.
- Strong English reading and writing skills.
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at
#J-18808-LjbffrSenior Market Risk Control Specialist
Posted today
Job Viewed
Job Description
Job Title:
Market Risk Management Professional
This role involves leading the design, implementation and optimization of market risk surveillance models and alert thresholds.
The successful candidate will also administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.
Additionally, the individual will analyze extreme market events and develop contingency plans.
Key Responsibilities:
- Monitor real-time market data to detect abnormal trading behaviors and systemic risks.
- Design, implement, and optimize market risk surveillance models and alert thresholds.
- Administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.
- Analyze extreme market events and develop contingency plans.
- Clearing & Counterparty Risk Management:
- Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements.
- Assess and manage counterparty credit risks under the central counterparty (CCP) clearing framework.
- Participate in or lead the evaluation, optimization, and stress testing of clearing margin models.
- Oversee daily margin calls and the execution of default management procedures.
- Operational & Technology Risk Mitigation:
- Identify and evaluate operational risks related to trading, clearing, and data systems.
- Participate in risk assessments for core system upgrades and post-deployment monitoring.
- Develop and test business continuity plans and disaster recovery plans.
- Monitor the stability and compliance of member connectivity systems.
- Bachelor's degree or higher in Financial Engineering, Finance, Economics, Mathematics, Statistics, Computer Science, Risk Management, or a related field.
- 5+ years of experience in financial market risk management, including at least 2-3 years in market risk, clearing risk, or trading system monitoring.
- Strong data analysis and quantitative skills, including advanced Excel skills and proficiency in at least one programming language (Python or R strongly preferred).
- Deep understanding of financial instruments and their pricing/risk characteristics.
- Proficient in market risk measurement, margin calculation principles, stress testing, scenario analysis, and counterparty credit risk assessment.
- FRM, CFA, PRM, or similar certifications are highly desirable.
Requirements:
Director - First Line Risk & Control - International
Posted today
Job Viewed
Job Description
The individual serves as subject matter expert on the First Line supervision structure operational risks assessment controls and governance. Sitting with the business and acting as the first line of defence he/she partners closely with First Line senior management COO Compliance IT & Operations and other control functions to strengthen FABs operational processes.
- Continuous advisory to FO as well as ad-hoc awareness & training sessions dedicated to 1LoD
- Prevention & Risk Assessment: assessment monitoring of the front-to-end control plan as well as definition of riskmitigations action plan in collaboration with the support functions
- Adherence and continuous improvement of a Governance structure with regular supervision forums with heads of business lines
First Line Risk Reporting and Remediation
- Strengthen control set up through the declaration investigation analysis of operational risk incidents
- Contribute to determine risk reduction actions & coordinate ad-hoc global remediation plans
- Lead the answer follow up and closure of any internal or external recommendations
- Materialize maintain & improve the First Line control plan
Prevention / Risk Assessment
- Develop and manage operational risk monitoring measures and reporting (e.g. KRI Risk Control Self-Assessment (RCSA) Conduct Risk Identification (CRI))
- Contribution to the rationalization cleaning efficiency of controls while reducing risks
- Conduct training and awareness sessions aiming to strengthen a risk mitigation culture
Supervision
- Validation process: Coordinate the internal validation of exceptional transactions new activities proprietary custom index or automated trading strategies new product rollout; Provide advisory to First Line and Functions on operational risk assessment throughout the validation process. Ensure adherence to the relevant policies & proper implementation of actions points.
- Assist with identifying ongoing business regulatory and conduct risks within the GM business APAC.
- Contribute and participate to the internal Risk and Governance (Eg: BRCC ARCC) forums and provide advisory on operational risk governance.
Leadership
- Act as a role model in First Line in relation to compliance conduct and standards by driving adherence to organisational values and ethics by employees to ensure the establishment of a value driven culture within the FAB Franchise.
- Champion the development of a risk culture within FAB Asia to drive heightened awareness and understanding of prudent risk regulatory and conduct practices and further advise and guide the business on technical aspects so that key stakeholders are equipped with the necessary knowledge and capability to take risk-based decisions on behalf of the Group.
Regulatory
- Ensure local and applicable regulatory guidelines are adhered to when rolling out policies procedures and reviews.
Reporting
- Act as the SPOC for Business management related tasks e.g. DLP BCP Compliance reviews RCSA co-ordination SOPs Product Approvals PPG addendums ARCHER reporting assist with client on-boarding documentation and credit approvals.
- Undertake ad-hoc projects and duties assigned by Manager.
Qualifications :
Knowledge & Experience:
- 5-10 years experience in line 1 or 2 Non Financial Risk Roles preferably in a Global Markets / Wholesale Banking business or as an auditor of Financial institutions
- Candidate shall possess a Bachelors or Masters Degree in Risk Management Finance Business or Accounting. Project Management certification would be useful but not mandatory.
- Good understanding of Global Markets & Wholesale Banking and associated products
- MS Excel and Power Point and Office suite product knowledge
Skills:
- Proven relevant operational risk methodology internal control business risk internal audit or Front Office experience
- Good general knowledge of Fixed Income Equity Commodity products (cash and derivatives) Loans Transaction Banking and Private Banking Business.
- Strong communication skills in written and spoken English (additional language skills is appreciated particularly Mandarin but is not mandatory)
- Demonstrate ability to identify key risks and contribute to the control framework for a wide variety of situations with the ability to act autonomously.
- Demonstrate ability to form and articulate an informed position through structured thinking problem solving and prioritisation;
- Stakeholder management and influencing skills
- Familiarity with the regulatory landscape in APAC
- High Ethical standard
- A team player
- Ability to work across with stakeholder at different levels & good stakeholder management
- Understanding of Compliance Risk and Regulatory frameworks
- Strong ability to multi-task in a fast pace environment
- Robust process knowledge
- Clear attention to detail and able to work independently
- Excellence communication & negotiation skills
- Pro active and capacity to take initiative
Remote Work :
No
Employment Type :
Full-time
#J-18808-LjbffrExchange Risk Control Manager | Dubai, UAE
Posted 5 days ago
Job Viewed
Job Description
- Monitor real-time market data (e.g., prices, trading volume, open interest, volatility) to detect abnormal trading behaviors (e.g., market manipulation, insider trading, algorithmic trading failures) and systemic risks.
- Design, implement, and optimize market risk surveillance models and alert thresholds (e.g., price deviation, liquidity metrics, volatility cones, stress test scenarios).
- Administer market stability mechanisms, including circuit breakers, price limits, position limits, and large position reporting.
- Analyze extreme market events (e.g., flash crashes, liquidity droughts) and develop contingency plans.
2. Clearing & Counterparty Risk Management:
- Monitor clearing members' and clients' margin levels, position risks, and funding conditions to ensure compliance with exchange requirements.
- Assess and manage counterparty credit risks (default risks) under the central counterparty (CCP) clearing framework.
- Participate in or lead the evaluation, optimization, and stress testing of clearing margin models (e.g., SPAN/TIMS).
- Oversee daily margin calls and the execution of default management procedures.
3. Operational & Technology Risk Mitigation:
- Identify and evaluate operational risks related to trading, clearing, and data systems (e.g., system failures, cyberattacks, data inaccuracies).
- Participate in risk assessments for core system upgrades (e.g., trading/clearing engines, market data feeds) and post-deployment monitoring.
- Develop and test business continuity plans (BCP) and disaster recovery plans (DRP).
- Monitor the stability and compliance of member connectivity systems.
- Contribute to member onboarding and ongoing risk assessments, including reviews of their risk control frameworks.
- Monitor concentration risks, abnormal trading activities, and compliance among members' clients.
- Conduct preliminary analyses of risk incident reports and investigations involving members or clients.
5. Compliance & Regulatory Reporting:
- Ensure exchange risk management practices comply with regulatory requirements (e.g., CSRC, CFTC/SEC, SFC).
- Prepare and submit periodic risk reports, ad-hoc incident disclosures, and responses to regulatory inquiries.
- Track updates to global financial regulations (particularly on market/clearing risks and system resilience) and assess their impact on exchange operations.
- Continuously refine the exchange’s risk policies, procedures, and emergency protocols.
- Drive automation and AI-powered upgrades to risk systems to improve monitoring efficiency and accuracy.
- Conduct quantitative risk analysis, back-testing, and model validation.
- Collaborate with trading, clearing, technology, legal, and compliance teams to embed risk controls into business processes.
Job Requirements
1. Educational Background:
- Bachelor's degree or higher in Financial Engineering, Finance, Economics, Mathematics, Statistics, Computer Science, Risk Management, or a related field. A master's degree is preferred.
2. Work Experience:
- 5+ years of experience in financial market risk management, including at least 2-3 years in market risk, clearing risk, or trading system monitoring at exchanges, clearinghouses, risk control departments of top-tier brokerages/futures firms, large quantitative funds, or financial regulatory agencies. Must be familiar with exchange operations, trading rules, clearing processes, and core system architecture. Experience in central counterparty (CCP) risk management, algorithmic trading surveillance, or stress testing modeling is a plus.
3. Professional Knowledge & Skills:
- Financial Market Expertise:
Deep understanding of financial instruments (e.g., equities, futures, options, derivatives) and their pricing/risk characteristics. Risk Management Techniques: Proficient in market risk measurement (VaR, ES), margin calculation principles (SPAN/TIMS), stress testing, scenario analysis, and counterparty credit risk assessment (EAD, PFE, CVA).
- Strong Data Analysis & Quantitative Skills:
Advanced Excel skills; proficiency in at least one programming language for data analysis (Python or R strongly preferred). Proficient in SQL for data querying and processing. Data visualization skills (Tableau, Power BI, etc. are a plus). Experience in risk model development or validation is preferred.
- Exchange Systems & Technology:
Knowledge of trading systems (e.g., order-matching engines), clearing systems, and market data distribution mechanisms, with an awareness of risks in low-latency, high-concurrency systems.
- Regulatory Compliance:
Familiarity with relevant regulations (e.g., *Futures and Derivatives Law*, exchange rules, PFMI, EMIR, MiFID II, digital asset regulations).
4. Core Competencies:
- Risk Sensitivity & Quick Response: Ability to swiftly identify risk signals and make preliminary judgments under pressure.
- Analytical, Problem-Solving & Decision-Making Skills: Capable of handling complex, ambiguous risk scenarios and proposing effective solutions.
- Attention to Detail & Responsibility: Highly data-sensitive, meticulous, and accountable for market safety.
- Communication & Coordination: Ability to clearly and professionally communicate risk matters with internal teams (e.g., technology, business) and external stakeholders (e.g., members, regulators).
- Resilience & Adaptability: Willingness to handle events (may involve shifts or on-call duty).
- Continuous Learning: Keeps abreast of financial innovations (e.g., new derivatives, DeFi, crypto assets) and risk management advancements.
5. Preferred Qualifications:
- FRM, CFA, PRM, or similar certifications are highly desirable.
- Strong English reading and writing skills.
Boost your careerFind thousands of job opportunities by signing up to eFinancialCareers today.#J-18808-Ljbffr
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Director - First Line Risk & Control - International
Posted 5 days ago
Job Viewed
Job Description
The individual serves as subject matter expert on the First Line supervision structure operational risks assessment controls and governance. Sitting with the business and acting as the first line of defence he/she partners closely with First Line senior management COO Compliance IT & Operations and other control functions to strengthen FABs operational processes.
- Continuous advisory to FO as well as ad-hoc awareness & training sessions dedicated to 1LoD
- Prevention & Risk Assessment: assessment monitoring of the front-to-end control plan as well as definition of riskmitigations action plan in collaboration with the support functions
- Adherence and continuous improvement of a Governance structure with regular supervision forums with heads of business lines
First Line Risk Reporting and Remediation
- Strengthen control set up through the declaration investigation analysis of operational risk incidents
- Contribute to determine risk reduction actions & coordinate ad-hoc global remediation plans
- Lead the answer follow up and closure of any internal or external recommendations
- Materialize maintain & improve the First Line control plan
Prevention / Risk Assessment
- Develop and manage operational risk monitoring measures and reporting (e.g. KRI Risk Control Self-Assessment (RCSA) Conduct Risk Identification (CRI))
- Contribution to the rationalization cleaning efficiency of controls while reducing risks
- Conduct training and awareness sessions aiming to strengthen a risk mitigation culture
Supervision
- Validation process: Coordinate the internal validation of exceptional transactions new activities proprietary custom index or automated trading strategies new product rollout; Provide advisory to First Line and Functions on operational risk assessment throughout the validation process. Ensure adherence to the relevant policies & proper implementation of actions points.
- Assist with identifying ongoing business regulatory and conduct risks within the GM business APAC.
- Contribute and participate to the internal Risk and Governance (Eg: BRCC ARCC) forums and provide advisory on operational risk governance.
Leadership
- Act as a role model in First Line in relation to compliance conduct and standards by driving adherence to organisational values and ethics by employees to ensure the establishment of a value driven culture within the FAB Franchise.
- Champion the development of a risk culture within FAB Asia to drive heightened awareness and understanding of prudent risk regulatory and conduct practices and further advise and guide the business on technical aspects so that key stakeholders are equipped with the necessary knowledge and capability to take risk-based decisions on behalf of the Group.
Regulatory
- Ensure local and applicable regulatory guidelines are adhered to when rolling out policies procedures and reviews.
Reporting
- Act as the SPOC for Business management related tasks e.g. DLP BCP Compliance reviews RCSA co-ordination SOPs Product Approvals PPG addendums ARCHER reporting assist with client on-boarding documentation and credit approvals.
- Undertake ad-hoc projects and duties assigned by Manager.
Qualifications :
Knowledge & Experience:
- 5-10 years experience in line 1 or 2 Non Financial Risk Roles preferably in a Global Markets / Wholesale Banking business or as an auditor of Financial institutions
- Candidate shall possess a Bachelors or Masters Degree in Risk Management Finance Business or Accounting. Project Management certification would be useful but not mandatory.
- Good understanding of Global Markets & Wholesale Banking and associated products
- MS Excel and Power Point and Office suite product knowledge
Skills:
- Proven relevant operational risk methodology internal control business risk internal audit or Front Office experience
- Good general knowledge of Fixed Income Equity Commodity products (cash and derivatives) Loans Transaction Banking and Private Banking Business.
- Strong communication skills in written and spoken English (additional language skills is appreciated particularly Mandarin but is not mandatory)
- Demonstrate ability to identify key risks and contribute to the control framework for a wide variety of situations with the ability to act autonomously.
- Demonstrate ability to form and articulate an informed position through structured thinking problem solving and prioritisation;
- Stakeholder management and influencing skills
- Familiarity with the regulatory landscape in APAC
- High Ethical standard
- A team player
- Ability to work across with stakeholder at different levels & good stakeholder management
- Understanding of Compliance Risk and Regulatory frameworks
- Strong ability to multi-task in a fast pace environment
- Robust process knowledge
- Clear attention to detail and able to work independently
- Excellence communication & negotiation skills
- Pro active and capacity to take initiative
Remote Work :
No
Employment Type :
Full-time
#J-18808-LjbffrSenior Internal Controls Specialist
Posted today
Job Viewed
Job Description
The Chief Auditor will lead the monitoring team to ensure effective internal controls and risk management practices are in place.
Key Responsibilities:- Preparing audit reports and control reports after reviewing documents and papers in coordination with concerned parties.
- Developing and reviewing fraud and corruption audit programs to ensure comprehensive coverage of fraud and corruption-related aspects.
- Conducting meetings with audited entities to discuss audit results and required actions.
- Ensuring timely completion of fraud and corruption audit tasks based on approved audit program.
- Reviewing analysis and examination conducted by audit team to determine consistency with procedures, policies, standards, and applicable legal requirements.
The ideal candidate should possess a Bachelor's or Master's degree in Accounting, Finance, or Business Administration from an accredited university and at least 6 years of experience in the field. Strong analytical skills, excellent communication skills, and ability to work effectively in a team environment are essential.
Skills and QualificationsRequired Skills:
• Analytical Skills
• Communication Skills
• Teamwork Ability
• Time Management
• Adaptability
Preferred Qualifications:
• Professional certifications (e.g., CPA, CMA)
• Experience with auditing software and tools
• Knowledge of industry-specific regulations and standards
VP- Operational Risk and Control
Posted today
Job Viewed
Job Description
JOB PURPOSE:
The VP of Operational Internal Control & Governance will plan direct coordinate and oversee Operational Risk Framework in the Group Operation Credit administration and International Operations by improving the quality of Risk Assessments and Internal Controls. Consistently work independently towards enhancing operational efficiency as well as support in managing operational risk.
KEY ACCOUNTABILITIES:
- Develop and implement comprehensive operational risk management strategies to safeguard the banks assets and reputation.
- Lead the design and execution of effective control frameworks to ensure compliance with regulatory requirements and internal policies.
- Collaborate with senior leadership to establish risk appetite and tolerance levels aligning with overall business objectives.
- Provide strategic direction for the development and enhancement of risk metrics and key performance indicators (KPIs).
- Foster a risk-aware culture by promoting awareness education and training initiatives in Group Operations Credit Administration and International Operations
- Conduct regular risk assessments and control evaluations to identify emerging risks and implement proactive measures.
- Drive continuous improvement initiatives in operational processes to optimize efficiency and minimize risk exposure.
- Report to the Head of OICG on a regular basis regarding the state of affairs of the department Group Operation and Credit Administration.
- Assist Head of OICG - Operational Internal Control & Governance in recruitments and interview process.
- Provides constructive and timely performance evaluations of OICG staff.
- Oversee the identification assessment and mitigation of operational risks across various business units and processes.
- Lead and manage a team of managers and supervisors providing guidance coaching and support to drive performance and employee development.
Job Context
- Manage and govern effective implementation of OICG functional policies procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements fulfilled while delivering a quality cost-effective service.
- Always demonstrate compliance to organisations values and ethics to support the establishment of a value drive culture within the bank.
- Implement robust tools / processes for identification of opportunities for continuous improvement and sustainability of systems processes and practices considering global standards productivity improvement and cost reduction.
- Assist in ensuring AML - Anti money laundering CBUAE - Central Bank Guidelines and other internal policies / procedures are strictly followed and any deviations are reported to levels prescribed.
Qualifications :
- Bachelors degree in a relevant field; advanced degree (MBA MSc) preferred or related discipline.
- Extensive experience (10 years) in operational risk management and control within the financial services industry
- Strong understanding of regulatory requirements and industry best practices related to operational risk
- Proven leadership skills with the ability to influence and collaborate at the executive level
- Excellent communication skills both written and verbal to articulate complex concepts to diverse audience
- Demonstrated experience managing and developing high-performing teams
- Professional certifications in the field of Operational risk management or equivalent are highly desirable
- Ability to thrive in a dynamic and fast-paced environment
Remote Work :
No
Employment Type :
Full-time
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