Risk Manager

Responsibilities

Enterprise & Operational Risk

• Develop and maintain the company’s risk management framework, policies, and procedures in accordance with VARA guidelines and international best practices.
• Identify, evaluate, and monitor enterprise-wide risks, including operational, technology, cyber, and outsourcing risks.
• Maintain the risk register, perform regular control testing, and ensure effective follow-up on remediation plans.
• Coordinate risk control self-assessments (RCSAs) and ensure timely mitigation of key findings.
• Support development of internal controls and provide assurance over the effectiveness of existing processes.

Financial, Market & Liquidity Risk

• Monitor and analyze market, trading, and liquidity exposures, with a focus on risks inherent to virtual asset operations.
• Conduct stress testing and scenario analysis to evaluate resilience under adverse conditions.
• Define and maintain risk appetite statements, limit structures, and key risk indicators (KRIs) in coordination with leadership.
• Contribute to capital and liquidity risk assessments and ensure controls align with regulatory requirements.

Governance, Reporting & Advisory

• Prepare and deliver periodic risk reports and dashboards for management and board committees.
• Advise on risk implications of new products, partnerships, and technology initiatives.
• Support the incident management, business continuity, and crisis response frameworks.
• Collaborate with compliance, audit, and internal control teams to ensure end-to-end risk oversight.
• Deliver training and promote awareness of risk management practices across the organization.

Requirements

• Bachelor’s degree in Finance, Economics, Risk Management, or a related field (Master’s preferred).
• Minimum 5–8 years of experience in risk management, internal control, or financial risk within fintech, virtual assets, or financial services.
• Strong understanding of UAE regulatory frameworks (VARA, DFSA, FSRA, CBUAE) and risk governance principles.
• Proven ability to implement risk frameworks, monitoring tools, and reporting mechanisms.
• Skilled in both quantitative and qualitative risk analysis, including stress testing and scenario evaluation.
• Excellent interpersonal and communication skills, with a collaborative approach to problem-solving.
• Native-level Arabic proficiency, with strong written and verbal communication skills in English.
• UAE citizenship is required for this role, along with legal authorization to work locally.

Preferred Qualifications

• Professional certifications such as FRM, PRM, ICA or equivalent.

Nice to haves

• Experience managing crypto market risk, custody risk, or technology risk.
• Familiarity with risk analytics or visualization tools (e.g., Power BI, Tableau).
• Exposure to enterprise resilience and operational continuity planning.