Operational Risk Analyst

RAKBANK

On-siteFull TimeMid LevelFinance & Banking
Posted 5h ago

Why we think you can apply

Employer country
United Arab Emirates
Hiring model
UAE-based role · the employer hires in the UAE
Work from
The employer's office · on-site
Time-zone overlap
Gulf Standard Time · none needed

Posted 5 hours ago · apply link checked 4 hours ago

About the role

Responsibilities

  • Support and maintain operational risk management frameworks across Business Banking
  • Facilitate Risk and Control Self-Assessments (RCSA) and evaluate control effectiveness
  • Conduct control testing and identify gaps in processes, systems and compliance
  • Monitor Key Risk Indicators and escalate emerging risks and trends
  • Manage operational risk incidents through investigation, tracking and resolution
  • Prepare risk dashboards, management reports and governance updates
  • Lead root cause analysis of operational issues and customer complaints
  • Review business processes and customer journeys for risk exposures and improvements

Requirements

  • Bachelor's degree or equivalent qualification
  • Minimum 2 years of experience in operational risk, controls, business analysis or operations
  • Understanding of First Line of Defence risk management practices
  • Strong analytical, problem-solving and critical thinking skills
  • Strong communication and stakeholder management skills
  • Proficiency in Microsoft Office applications and banking systems

Preferred Qualifications

  • Experience conducting RCSA, control testing or risk assessments
  • Knowledge of operational risk frameworks and governance practices
  • Experience with process mapping, improvement and root cause analysis

About the Company

Rakbank is a UAE bank committed to building a strong risk culture that supports sustainable growth and customer experience.

What we look for

  • Bachelor's degree or equivalent qualification
  • Minimum 2 years of experience in operational risk, controls, business analysis or operations
  • Understanding of First Line of Defence risk management practices
  • Strong analytical, problem-solving and critical thinking skills
  • Strong communication and stakeholder management skills
  • Proficiency in Microsoft Office applications and banking systems
  • Experience conducting RCSA, control testing or risk assessments
  • Knowledge of operational risk frameworks and governance practices
  • Experience with process mapping, improvement and root cause analysis
Business IntelligenceComplianceMicrosoft OfficeRisk AssessmentGovernanceBusiness AnalysisRoot Cause AnalysisProcess Engineering
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