Assistant Manager – Operational Risk Assessment

Job title: Assistant Manager – Operational Risk Assessment

Company: Dubai Islamic Bank


Job description: Job DescriptionJob PurposeTo conduct Operational risk assessment of the Bank’s departments in line with the Risk Management Framework. Review the bank’s new product programs, policies, procedures, cycles re-engineering, and any amendments thereof to ensure efficiency and effectiveness of processes and controls.Key ResponsibilitiesPerform periodic Risk Assessment of all departments of the Bank in line with the Board approved Risk Management FrameworkDevelop and implement the Risk Assessments quality review plan of all departments of the BankReview drafted; new product programs, policies, procedures, proposed memos. Highlight gaps in controls & inefficiency in process flows.Represent Risk Management in the committees formed for launching new products, process cycle re-engineering, new policies and procedures development, and any subsequent amendments thereof. Share proposals and concerns as well as suggestions to mitigate the identified risks.Liaise with Stakeholders to discuss inherent risks in the process, areas of concerns, assess overall residual risks of unresolved concerns and recommend enhancements.Review final documents stated above, highlight unresolved concerns, discuss with stakeholders and assess overall residual risks of unresolved concerns.Follow up with the concerned departments for the revision of the policies & procedures in order to present changes for stakeholders’ review and document changes through the Policies and Procedures departmentEnsure adherence of all documentation and activities as per the Bank’s SOPs, SLAs and regulatory & audit requirementsCompetencies/SkillsMinimum Bachelor’s degree in Economics / Accounting / Risk Management / Business Administration, Marketing, Banking, and similar subjects.Certifications in Risk Management, Process / System Audit, Marketing is preferredAt least 4-6 years of banking experience with relevant knowledge of Banking Operations & Products.Former experience in Risk Management / Process Audit / Products development is preferred

Expected salary:

Location: Dubai

Job date: Thu, 14 Aug 2025 07:44:15 GMT

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