aG Resources is looking to connect with AM-Risk on an immediate basis for a reputable client.
Location: Abu Dhabi
Job Responsibilities:
Develop the controls to assess the risks on qualitative and Quantitative basis and monitor it effectively.
Assess and evaluate all the Company’s plans, projects, contracts and services to protect the company from risk andcompliance breaches;
Evaluate progress and effectiveness of action taken to implement risk recommendations received from all internal &external reviews;
Prepare and submit written reports of findings and make recommendations for the improvement of operations;
Produce reports and presentations that outline findings, explain risk positions, and recommend changes;
Recommend ways to control, mitigate or reduce risk;
Track, measure, and report on aspects of all identified risk and compliance areas;
Devise scenario analyses reflecting possible severe market events and develop & monitor Early Warning Indicators
Maintain input and data quality of risk, and compliance management systems;
Prepare regulatory reports on risks as per the disclosure requirements of CBUAE.
Assist Authority to develop the Board Packs related to risks.
To develop and promote a companywide risk awareness culture;
To issue reports accurately and in a timely manner;
Assess and develop the ORSA and Recovery Plan.
Any other task as assigned by the Authority.
Knowledge / Experience/ Skill
Ideally a master’s degree in commerce, accounting, finance, economics, actuarial or equivalent.
Risk management qualification from a recognised institution.
Minimum 2-5 years relevant professional experience in the areas of internal and/or external risk gained within theinsurance domain.
Excellent knowledge of risk procedures, including planning, risk techniques, testing and sampling methods andtools used in conducting risk assessments.
Proven ability to perform risk audits for operational and non-operational policies and procedures, businessprocesses, objectives, key management strategies.
Well-developed analytical, communication and presentation skills;
