Company Description
Wise is a global technology company, building the best way to move and manage the world’s money. Min fees. Max ease. Full speed. Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their life easier and save them money.As part of our team, you will be helping us create an entirely new network for the world's money. For everyone, everywhere.More about our mission.
Job Description
We are seeking a dynamic individual to join our team as the Risk Senior Manager for the UAE. The successful candidate will be responsible for managing the risk function in UAE, overseeing risk identification, assessment, and mitigation efforts to safeguard the stability and integrity of the organisation's operations in the region. This role requires a seasoned professional with a deep understanding of regional market dynamics, regulatory requirements, and industry best practices.
You’ll contribute to the mission by:
- Be a critical member of the Latam & MEA Risk team in developing and executing a global risk management strategy tailored to the UAE region.
- Ensure consistent application of risk management methodologies, policies and procedures across all UAE operations.
- Conduct risk self assessments for the business in entities, as per risk management principles, supporting remediation and closure;
- Work closely with product teams to value add on risk insights into product changes, new product and market launch, open issues and horizon risks relevant to the region.
- Monitor and analyse regional market trends, product risks, incidents, regulatory developments, and emerging risk factors to assess their impact on the organisation's risk profile and recommend appropriate risk mitigation strategies.
- Oversee the implementation of risk management tools and systems for UAE, leveraging technology and data analytics to enhance risk monitoring, reporting, and decision-making processes.
- Work collaboratively with business units and functions to design and implement effective risk mitigation strategies, controls and action plans. Monitor the effectiveness of controls and recommend enhancements as necessary.
- Provide timely and accurate risk reports and updates to senior management and the board of directors, highlighting key risk exposures, trends, and emerging risks in the region.
- Develop and maintain effective relationships with regional regulators, industry peers, and other external stakeholders to stay abreast of regulatory developments, industry trends, and best practices in risk management.
What you’ll bring:
- 6+ years of experience in the financial industry, preferably with a focus on the UAE region, ideally with first line and second line experience.
- Proven track record of successfully leading risk management functions with strong business engagement, including developing and implementing regional risk frameworks, policies, and procedures and leading teams.
- Extensive experience in at least one of these: operations, enterprise risk and/or regulatory risk management within the financial services industry, with a focus on the UAE region
- Good understanding of risk management principles, risk systems, reporting tools, including policies and frameworks
- Excellent analytical, problem-solving, and decision-making skills, with the ability to analyse complex issues and develop practical solutions in a dynamic and multicultural environment.
- Strong understanding of regional market dynamics, regulatory requirements, and geopolitical factors impacting the region, with the ability to assess and quantify risks across various business lines and geographies.
- Excellent communication and interpersonal skills, with the ability to effectively interact with senior management, regulators, and other stakeholders in the UAE region.
- Thrives in a fast-paced, dynamic environment and is comfortable navigating the complexities of a subsidiary operation.
- Demonstrates a strong ability to drive results internally with global teams, while fostering a culture of local ownership and initiative.
- Strong commitment to integrity, ethics, and professionalism, with a passion for promoting a strong risk culture and fostering collaboration across the organisation's UAE operations.
Additional Information
#LI-SLSalary 390,000 - 530,000 AEDFor everyone, everywhere. We're people building money without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.We're proud to have a truly international team, and we celebrate our differences.
Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.If you want to find out more about what it's like to work at Wise visit Wise.Jobs.Keep up to date with life at Wise by following us on LinkedIn and Instagram.
