Senior Specialist - Risk and Control

Senior Specialist – Risk and Control (UAE Nationals only)

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the business area

ADCB Corporate and Investment Banking Group provides a comprehensive and sophisticated suite of solutions to more than 40,000 commercial, corporate and institutional clients.

With local operations based in United Arab Emirates and regional offices in Egypt and Kazakhstan, our Corporate and Investment Banking Group bridges banking corridors across the Middle East and North Africa region.

From account opening to Initial Public Offerings (IPOs) and beyond, you can trust ADCB to support your business growth and ambitions. Get the edge you need to succeed with ADCB.

We are actively seeking an ambitious professional to join our Corporate Banking team at ADCB to work alongside passionate colleagues who share your ambition to redefine excellence in UAE banking.

In this role, your key responsibilities include:  

• Review Risk and Control Self-Assessment (RCSAs) for business units to ensure key risks are identified, described and assessed and their corresponding controls identified and described in line with the RCSA Guideline
• Review Third Party Risk Assessments (TPRA), New Initiatives (products, services, processes, systems and vendors) to ensure they are properly documented and all key risks associated with them are identified, assessed and the respective controls identified and documented
• Monitor open actions under OR tools and follow up with Business Units for timely action in order to avoid overdue actions or breach of the Risk Appetite
• Review Operational Risk Events to ensure relevant accounting records (i.e. gains, losses, provisions, recoveries and restitutions) are correctly updated in the General Ledger accounts and reconcile with the records in the Operational Loss Database
• Implement Business Continuity Plan at the pre-defined intervals in order to ensure compliance
• Provide input to management reports on the status of operational risk matters and measurements in order to keep internal stakeholders apprised of the status of operational risk

The ideal candidate should have the following experience:

• Bachelor’s degree is a mandatory requirement
• Minimum 5 years of experience in Banking including 3 years of experience in a Risk Management function

What we offer:

• Competitive Salary: The indicative pay range for this role. Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
• Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
• Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
• Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.