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.