Operational Risk Analyst (Emiratisation)

RAKBANK
Dubai
Workplace: OnsiteFull timeFunction: Legal, Risk & ComplianceExperience: 2+ yearsEducation: bachelorsSkills: ["Analytical skills","Problem-solving","Independent working","Communication","Stakeholder management"]

Support Business Banking operational risk management by implementing and maintaining frameworks and tools, facilitating Risk and Control Self-Assessments, and performing control testing to identify gaps. Monitor and report Key Risk Indicators, investigate operational risk incidents, and prepare management reporting and governance presentations. Review business processes and customer journeys to improve controls and efficiency while partnering with Risk, Compliance, Credit, Operations, Treasury, and Business Banking stakeholders.

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RAKBANK
RAKBANK
4 days ago

Operational Risk Analyst (Emiratisation)

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Source: Company careers pageValidated by: Fursa AI
Last checked: 16 hours agoStatus: Live

Job Summary

Support Business Banking operational risk management by implementing and maintaining frameworks and tools, facilitating Risk and Control Self-Assessments, and performing control testing to identify gaps. Monitor and report Key Risk Indicators, investigate operational risk incidents, and prepare management reporting and governance presentations. Review business processes and customer journeys to improve controls and efficiency while partnering with Risk, Compliance, Credit, Operations, Treasury, and Business Banking stakeholders.
Location: Dubai
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Implement and maintain operational risk management frameworks and tools across Business Banking.
  • •Facilitate Risk and Control Self-Assessments (RCSA) to identify operational risks and assess control effectiveness.
  • •Conduct control testing, identify gaps (process, system, training, compliance), and ensure timely remediation.
  • •Monitor and report Key Risk Indicators (KRIs), investigating operational risk incidents and supporting incident resolution.
  • •Prepare management reports, dashboards, and governance presentations, and review business processes and customer journeys to strengthen controls and improve efficiency/customer experience.

Key Requirements

  • •Must be a UAE National (Family Book required).
  • •Bachelor’s degree or equivalent qualification.
  • •Minimum 2 years of experience in banking/financial services, risk management, operations, business analysis, or related disciplines.
  • •Strong analytical and problem-solving skills with the ability to work independently and manage multiple priorities.
  • •Proficiency in Microsoft Office applications and data analysis; strong communication and stakeholder management skills.
Experience:2+ yearsBankingFinancial servicesRisk managementOperationsBusiness analysis
Education:Bachelor's
Skills:Analytical skillsProblem-solvingIndependent workingCommunicationStakeholder management
Tech Stack:Microsoft Office

Eligibility

Nationality:UAE National

Company Brief

RAKBANK
RAKBANK is a United Arab Emirates-based bank offering personal, business, and commercial banking services, including accounts, cards, loans, deposits, and digital banking products. It serves retail customers and SMEs across the UAE.
Industry: Banking
Company Size: Large (251 to 1,000 employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Ras Al Khaimah, United Arab Emirates
Founded: 1976
WebsiteLinkedIn