# Head of Wealth Risk, UAE and Middle East

**Company**: Risk & Compliance
**Location**: Dubai, Dubai
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://portal.careers.hsbc.com/careers/job/563774612542819?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_c12b8bf7-2bd

## Description

We are seeking a senior risk professional to join our team as Head of Wealth Risk, UAE and Middle East.

The Head of Wealth Risk is the senior second-line risk leader for the Wealth business in UAE and MENAT. The role provides independent, forward-looking oversight and challenge across financial and non-financial risks, enabling sustainable growth while ensuring that the Wealth strategy, products, services and distribution journeys operate within Group and local risk appetite, policy and regulatory expectations.

**Principal Accountabilities**

- Own the aggregated Wealth risk view for UAE/MENAT, including top and emerging risks, risk appetite, risk maps, key indicators, issues, stress testing and scenario analysis.

- Provide independent input and challenge to governance forums within WPS to execute the Risk Strategy and Risk Appetite.

- Guide the implementation of the Group Risk Policies across Wealth, including any local exceptions to Group Risk Policy with relevant Risk Function Heads.

- Oversee the launch and ongoing management of investment and wealth products, services and distribution journeys.

- Provide oversight guidance of the implementation and ongoing effectiveness of risk management and associated procedures and controls across Wealth.

**Risk Oversight and Governance**

- Provide oversight guidance implementation of strategic risk related projects and coordination of the risk transformation agenda across Wealth.

- Maintain effective relationships with Wealth business leadership, IWPB and Wealth Risk, specialist second-line teams, Internal Audit and regulators.

- Lead, develop and deploy Wealth Risk resources effectively, building a high-performing and inclusive team.

- Promote a strong risk and compliance culture, clearly communicating Risk Strategy, Policies and Appetite.

**What We're Looking For**

- Typical qualifications would include a post-graduate degree in Business Administration, Finance, Accounting, Law or a related field.

- Fluency in spoken and written business English.

- Experience in more than one technical risk discipline.

- Significant senior risk leadership experience in private banking, wealth management or a comparable regulated financial-services environment.

- Strong understanding of investment and wealth products, product governance and distribution frameworks.

- Experience working in a regulated environment.

**Technical Knowledge**

- Deep knowledge of risk governance, risk appetite, the Risk Management Framework and financial and non-financial risk policies.

- Strong understanding of the local regulatory, legal, political, economic and competitive environment affecting Wealth.

**Behavioural Capabilities**

- Proven ability to advise and challenge senior executives, navigate a complex matrix and influence across market, regional and global stakeholders.

- Strong commercial judgement, conceptual thinking and analytical capability.

## Skills

### Required
- Business Administration
- Finance
- Accounting
- Law
- Risk Management
- English

### Nice to have
- Investment
- Wealth Management
- Private Banking
- Regulatory Environment

---

Source: [Apply at portal.careers.hsbc.com](https://portal.careers.hsbc.com/careers/job/563774612542819?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)