Reem Finance PJSC licensed by the Central Bank of the UAE with headquartered in Abu Dhabi, we are a private joint-stock company that offers financial solutions to facilitate business growth and advance trade capacity for private entities within various sectors. We provide customized financing solutions that allow clients to broaden their portfolios through backed financial scale-up.

Job Position: The Manager - Operational Risk & Fintech Partnership

Job Summary:

Reem Finance is seeking a dynamic The Manager – Operational Risk will be responsible for developing, implementing, and monitoring the operational risk management framework within the bank. The role includes oversight of operational risk events, risk control self-assessments (RCSAs), incident management, and key risk indicators (KRIs).

A key focus of this role will be to assess and manage risks arising from third-party arrangements, with special emphasis on fintech partnerships and outsourced service providers, ensuring compliance with Central Bank of the UAE (CBUAE) regulations and internal governance standards. With a minimum of 8 - 10 years’ banking experience in operational risk, preferably in banking or financial services.

Job Duties and Responsibilities:

Operational Risk Management

• Implement and maintain the Operational Risk Management Framework (ORMF) in line with regulatory and internal requirements.
• Conduct and update RCSAs across business units, identifying key operational risks and assessing control effectiveness.
• Monitor, investigate, and report operational risk incidents, including root cause analysis and corrective actions.
• Develop and track Key Risk Indicators (KRIs) to provide early warning signals of emerging risks.
• Support Internal Audit and regulatory examinations by providing risk assessments, documentation, and evidence of control testing.

Third-Party & Fintech Risk Oversight

• Lead risk assessments for all third-party service providers, with a strong emphasis on fintech partners.
• Perform due diligence and ongoing monitoring of outsourcing arrangements and fintech collaborations.
• Evaluate risks relating to data security, business continuity, service delivery, compliance, and financial stability in third-party engagements.
• Ensure alignment with CBUAE Outsourcing Regulations and relevant fintech risk management guidelines.
• Maintain a third-party risk register and escalate material risks to senior management.

Governance & Reporting

• Prepare and present periodic operational risk reports to senior management and Risk Committees
• Support the embedding of a strong risk culture across the bank through awareness and training sessions.
• Collaborate with Compliance, Information Security, and Business Units to ensure end-to-end risk coverage.

Required Qualifications and Education

· Bachelor’s degree in finance, Risk Management, Business Administration, or related field (Master’s preferred).

· Strong knowledge of operational risk frameworks and tools (RCSA, KRIs, Incident Management).

· Expertise in third-party and fintech risk assessments.

· Regulatory awareness and compliance mindset.

· Ability to work in a dynamic, fast-paced environment with multiple stakeholders.

· Strong understanding of CBUAE regulations, Basel standards, and risk management best practices.

· Analytical skills with the ability to assess complex processes and identify control gaps.

· Excellent communication, stakeholder management, and report-writing skills.

Work Experience:

• 8 - 10 years’ banking experience in operational risk, preferably in banking or financial services.