Operational Risk Officer

RAKBANK
Dubai
Workplace: OnsiteFull timeFunction: Legal, Risk & ComplianceExperience: 5+ yearsEducation: bachelorsSkills: ["Independent review","Analytical","Problem-solving","Stakeholder management","Communication"]

Independently review and challenge operational risk assessments, controls, incidents, KRIs, and remediation plans across business units. Serve as a key Archer GRC platform administrator and subject matter expert, ensuring data integrity, governance, and accurate reporting. Monitor overdue mitigation actions, perform trend and thematic analysis, prepare operational risk dashboards and committee packs, and support audits, regulatory examinations, and risk culture initiatives.

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FursaFursa
RAKBANK
RAKBANK
2 days ago

Operational Risk Officer

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Source: Company careers pageValidated by: Fursa AI
Last checked: 3 hours agoStatus: Live

Job Summary

Independently review and challenge operational risk assessments, controls, incidents, KRIs, and remediation plans across business units. Serve as a key Archer GRC platform administrator and subject matter expert, ensuring data integrity, governance, and accurate reporting. Monitor overdue mitigation actions, perform trend and thematic analysis, prepare operational risk dashboards and committee packs, and support audits, regulatory examinations, and risk culture initiatives.
Location: Dubai
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Perform independent review and challenge of RCSAs to ensure completeness, accuracy, and appropriate risk ratings.
  • •Assess control adequacy and effectiveness, review risk assessments, and escalate concerns where necessary.
  • •Review and challenge operational risk incidents, including classification, root cause analysis, impact assessment, and corrective actions.
  • •Manage and maintain Archer GRC modules (RCSA, Incident Management, KRI, Issues Management, Risk Register, Action Tracking) and conduct data quality reviews.
  • •Monitor remediation progress, perform KRI trend analysis, prepare operational risk dashboards and committee reporting packs, and support audits and regulatory requests.

Key Requirements

  • •Bachelor's degree in risk management, Finance, Business Administration, Accounting, or a related discipline.
  • •Minimum 5 years of Operational Risk Management experience within banking or financial services.
  • •Strong experience in RCSA review and challenge, Incident Management, KRI governance, Issues Management, and Operational Risk Framework implementation.
  • •Hands-on experience administering the Archer GRC platform and operational risk modules.
  • •Experience preparing operational risk dashboards, management reporting, and committee packs.
Experience:5+ yearsBankingFinancial services
Education:Bachelor's
Skills:Independent reviewAnalyticalProblem-solvingStakeholder managementCommunication
Tech Stack:Archer GRCPower BI

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