VP, Operational Risk and Control

Responsibilities

• Develop, implement, and manage comprehensive operational risk management strategies to safeguard the bank's assets and reputation.
• Lead the design and execution of effective control frameworks to ensure compliance with regulatory requirements and internal policies.
• Collaborate with senior leadership to establish risk appetite and tolerance levels.
• Provide strategic direction for the development and enhancement of risk metrics and KPIs.
• Foster a risk-aware culture through awareness, education, and training initiatives.
• Conduct regular risk assessments and control evaluations to identify emerging risks.
• Drive continuous improvement initiatives in operational processes to optimize efficiency.
• Report to the Head of OICG & APM regarding the state of affairs of the department.
• Oversee the identification, assessment, and mitigation of operational risks across business units.
• Lead and manage a team of managers and supervisors, providing guidance and coaching.
• Manage and govern the implementation of functional policies, procedures, and controls.
• Ensure compliance with Anti-money laundering and Central Bank Guidelines.

Requirements

• Bachelor's degree in a relevant field
• Extensive experience in operational risk management and control within financial services
• Strong understanding of regulatory requirements and industry best practices
• Proven leadership skills with ability to influence at the executive level
• Excellent written and verbal communication skills
• Demonstrated experience managing and developing high-performing teams
• Ability to thrive in a dynamic and fast-paced environment

Preferred Qualifications

• Advanced degree (MBA, MSc) in a related discipline
• Professional certifications in Operational Risk Management or equivalent

About the Company

First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages.