[Hiring] Risk Officer @Exalans and Hunar

Role Description

This is a remote position. This is an independent Control Function role. We are looking for a hands-on risk professional with practical experience in identifying, assessing, monitoring, and mitigating risks across an organization.

• Develop, maintain, and continuously improve the company's Risk Management and Operational Risk Management Frameworks, policies, and procedures.
• Identify, assess, monitor and report material risks across all business activities, processes and systems.
• Maintain the company's Risk Register, risk assessments, controls, mitigation plans and Key Risk Indicators (KRIs).
• Establish and monitor risk appetite, risk tolerance, risk limits and escalation thresholds.
• Conduct risk and control assessments and monitor the effectiveness of mitigating controls.
• Manage and monitor operational risks, including risks related to people, processes, systems and external events.
• Oversee risk aspects relating to operational resilience, business continuity, disaster recovery, incidents and change management.
• Monitor ICT, information security and cybersecurity risks in coordination with the relevant technical functions.
• Assess third-party, outsourcing, fraud and supplier-related risks.
• Review risk events, incidents and control failures, conduct root-cause analysis and follow up corrective actions.
• Prepare periodic risk reports for Senior Management and support required CBUAE risk reporting and regulatory submissions.
• Provide independent risk advice and constructive challenge to management.
• Be acquainted with Operational risk as articulated by the CBUAE framework.
• Also operational resilience areas including ICT/cybersecurity, business continuity, disaster recovery, incident management, change management and third-party risk.

Qualifications

• Bachelor's degree or equivalent in Risk Management, Finance, Accounting, Business, Insurance or a related discipline.
• Master’s degree is a plus.
• Recognized professional certification in Risk Management is important.
• Minimum 3 years of relevant practical experience in Risk Management, Internal Audit or External Audit.
• Strong hands-on Risk Management experience, including risk assessments, risk registers, controls, KRIs, mitigation plans and risk reporting.
• Experience in insurance, insurance brokerage, banking or financial services is strongly preferred.
• Good understanding of Operational Risk Management, internal controls and the Three Lines of Defense model.
• Exposure to operational resilience, BCP/DR, incident management, technology/cyber risk and third-party risk is preferred.
• Strong analytical, problem-solving and report-writing skills.
• Excellent command of written and spoken English.
• Ability to work independently and constructively challenge business and management.
• Must be able to satisfy applicable CBUAE Fit and Proper requirements.

Requirements

• The candidate should be capable of understanding business processes, identifying what could go wrong, evaluating existing controls, assessing residual risk and recommending practical mitigation measures.
• Candidates with strong Risk Management experience in India, particularly within insurance, banking or other regulated financial institutions, are encouraged to apply.

Work Location & Arrangement

• The position will be based primarily in India, with the candidate working remotely for the office in the UAE.
• The successful candidate will be provided with a UAE employment visa and will be required to travel to the UAE when necessary for meetings, regulatory requirements, training, or other business needs.
• While working from India, the candidate will have the flexibility to work either from our Trivandrum office or from home, based on the agreed working arrangement.
• The candidate will work closely with the Company’s management and teams in the UAE and must be available during agreed working hours to ensure effective coordination.
• The role requires a high level of independence, accountability, confidentiality, and effective remote communication.