Senior Manager- Risk and Control

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the business area

ITMAM, a wholly-owned subsidiary, provides banking operational and processing services to all Group sectors, including lending, wealth management, and ATM services. Integrated into the Group Business Services (GBS) organizational structure, ITMAM operates under its own Board of Directors, comprising Group executive staff members. Its structure includes a General Manager overseeing five key operational service divisions: Consumer Operations, Corporate & Investment Banking Operations, Customer Contact Services, Treasury and Syndication Operations, and Shared Services and Operations Management. Notably, "Tamooha," the Group's award-winning operations center initiative, is staffed exclusively by UAE national women.

We are actively seeking an ambitious professional to join our team at ADCB to work alongside passionate colleagues who share your ambition to redefine excellence in UAE banking.

In this role, your key responsibilities include:

• Manage the Group risk and control forum to drive an improved risk posture across all teams by implementing the internal operational risk assessment and policy framework and Key Result Indicators (KRIs) to ensure risk is independently assessed, captured, monitored and mitigated across all units.
• Develop an effective Risk and Control Self-Assessment (RCSA) programme in order to move the units towards self-certification.
• Proactively identify and analyze emerging top risks on the horizon and, in collaboration with department heads, develop effective strategies in order to address these risks.
• Apply controls in order to monitor compliance and assess Group operational effectiveness.
• Direct assurance and due diligence reviews and ‘challenge’ sessions for risk assessments in order to ensure the robustness of the framework.
• Manage ‘operational risk inventory’ in order to monitor and report key risks and actions.
• Implement business focused Management Information Systems (MIS), training and capability implementing initiatives to improve risk and control awareness within the unit and in order to engage and inform business partners.
• Review the outputs/findings of RCSA’s conducted by the team and follow up on any corrective actions/amendments to policies, processes and procedures to ensure Group teams have appropriate and effective methodologies to assess and manage risk exposure.
• Oversee the implementation and continuous review of business processes and reporting procedures to ensure Group remains compliant with internal policy and regulatory obligations.
• Act as the Business Operational Risk Management (BORM) and interface with the GORM Team for Group as a whole, represent Group at the risk/scrutiny committee, challenging/advising on the application of risk and control practices across all of ADCB’s operations to ensure appropriate governance and development of risk culture across the Bank.
• Monitor the BCP and DR posture and framework and ensure robust and tested BCP and DR plans are in place across all divisions in order to support the units’ business continuity objectives.
• Provide operational risk management guidance, best practices, templates and plan relevant interactions, training and development for other control teams within Group to increase their competence and contribution to improved risk posture.

The ideal candidate should have the following experience:

• At least 7 years of experience within Operations and/or Audit
• Bachelor’s Degree in Business Administration, Accounting, Engineering or other relevant specialization.
• Chartered Accountant (CA), Certified Internal Auditor (CIA) or equivalent
• Knowledge of Internal Control and Governance
• Operational risk awareness and assessment
• Risk management fundamentals

What we offer:

Competitive Salary: Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.

Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).

Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.

Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs.

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.