Manager - Risk, Regulatory & Forensic | Regulatory & Financial Risk

About the Role and Company

Join a leading global professional services firm recognized for excellence in consulting and training in the Middle East. The firm is committed to creating meaningful impact for clients, employees, and communities by fostering a culture of innovation, integrity, inclusion, and collaboration.

Key Responsibilities

• Revise and enhance Operational Risk Management (ORM) policies to ensure alignment with Capital Market Authority Prudential Rules (Pillar 2/3).
• Standardize risk taxonomies covering categories such as Fraud, ICT, Process, and Legal, alongside consistent scoring systems.
• Develop and update risk registers across all departments, facilitating workshops with business units to identify risks and map controls.
• Create visual heatmaps depicting inherent vs. residual risk levels using 5x5 matrices.
• Build Key Risk Indicator (KRI) libraries with defined thresholds and establish Key Control Indicators (KCI) to monitor control effectiveness.
• Maintain a loss database recording operational losses and near-miss incidents; conduct root cause analyses to understand failures and implement corrective actions.
• Act as a second line of defense by challenging and validating risk assessments, performing control testing with an emphasis on IT background, and back-testing registers against incident logs.
• Prepare semi-annual operational risk dashboards for reporting to the Risk Committee.
• Conduct capacity-building initiatives to train staff on incident reporting and risk register updates.

Leadership and Personal Development

• Commit to understanding organizational purpose and values to maximize impact.
• Engage actively in personal growth and represent the firm's brand to attract talent.
• Take accountability for performance and meet team and business expectations.
• Develop strong communication and relationship-building skills.
• Understand how individual contributions align with overall organizational objectives.

Qualifications and Requirements

• Minimum of 10 to 12 years of relevant experience in operational risk management.
• Proficiency in Arabic is required.
• Experience with Operational Risk Systems is essential; familiarity with BenchMatrix Risk Nucleus System is advantageous.