Analyst - Risk Management - Al Ansari Exchange

Analyst Risk Management

A. POSITION PURPOSE :

To support the Risk Management team in identifying assessing and mitigating potential risks that may impact our business operations.

B. ESSENTIAL FUNCTIONS AND BASIC DUTIES :

Risk Assessment: Conducting comprehensive analysis to identify assess and prioritize risks across various business activities including market enterprise operational and regulatory risks.
Developing Risk Models: Designing and implementing quantitative models to measure and manage different types of risks
Monitoring and Reporting: Continuously monitoring risk exposures and deviations from established risk limits and generating regular reports for senior management and regulatory authorities to facilitate informed decisionmaking and compliance.
Risk Mitigation Strategies: Collaborating with stakeholders to develop and implement effective risk mitigation strategies including diversification techniques and control enhancements to minimize potential losses and optimize riskreturn profiles.
Regulatory Compliance: Ensuring adherence to relevant regulatory requirements and industry best practices by staying updated on evolving regulatory frameworks conducting compliance assessments and implementing necessary changes to mitigate regulatory risks.
Scenario Analysis and Stress Testing: Performing scenario analysis and stress testing exercises to assess the impact of adverse events or market conditions on the companys financial position and recommending appropriate risk management actions.
Internal Controls and Risk Governance: Evaluating the effectiveness of internal controls and risk governance frameworks identifying weaknesses or gaps and making recommendations for enhancements to strengthen the overall risk management infrastructure.
Risk Culture and Awareness: Promoting a strong riskaware culture within the organization by providing training and education to employees on risk management principles practices and policies and fostering a proactive approach to risk identification and mitigation at all levels.
Collaboration and Communication: Collaborating with various internal stakeholders including unit heads compliance officers and finance team to ensure alignment of risk management objectives with business strategies and effective communication of riskrelated insights and recommendations.
Continuous Improvement: Engaging in ongoing review and refinement of risk management processes methodologies and tools to adapt to changing market conditions emerging risks and evolving business needs and driving continuous improvement initiatives to enhance the effectiveness and efficiency of risk management practices.

C. WHAT WE ARE LOOKING FOR:

• Bachelors or Masters degree in Business Management/ Administration/ Risk Management or Finance
• Minimum of 4 years of Risk Management/ Risk Assessment experience in the banking or financial services industry.
• Strong knowledge of regulatory requirements especially of the Central Bank of the UAE regulations
• Highly analytical and must have strong decisionmaking skills.
• Excellent English communication skills both written and verbal.
• Proficient in Microsoft Office and data management.
• Must have exceptional time management and organisation skills and can work under pressure.
• Any certification related to Risk Management such as RMP CRMA FRM IRM etc. would be an added advantage.

Job ID 2670