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Open nowPosted 84 days ago

Senior Risk Analyst

Rak Bank49 open roles

Where
United Arab Emirates
Work mode
On site
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Your applicationOpen nowSenior Risk AnalystRak Bank · United Arab Emirates

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Rak Bank's own form.

The reply lands in your private mailbox

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The clock on this job

Early applications get read.

12.7% of postings close within 7 days. Measured by our own scanner across the market. Rak Bank postings stay open a median of 11 days.

Share of postings closed within
  1. 2.2%1 day
  2. 4.5%3 days
  3. 12.7%7 days
  4. 20.4%14 days
  5. 35.6%30 days
  6. 58.7%60 days
This job: posted 84 days ago

Rak Bank median: 11 days open

The posting

Job Description

What You'll Be Doing:

Risk Assessment & Analysis

  • Conduct detailed risk assessments to identify potential threats and vulnerabilities across the Bank.
  • Analyze financial, operational, and external risk factors that may impact business performance.
  • Monitor trends, emerging risks, and market developments that could affect the Bank's risk profile.
  • Support enterprise-wide risk identification and assessment exercises.

Enterprise Risk Management

  • Maintain and support the Bank's risk inventory and risk management framework.
  • Assist in the development and monitoring of the Risk Appetite Statement.
  • Monitor adherence to approved risk appetite and escalate breaches where necessary.
  • Support periodic reviews of key risk indicators and risk metrics.

Risk Governance & Controls

  • Recommend practical risk mitigation strategies and control enhancements.
  • Support management in addressing findings arising from risk assessments, audits, and regulatory reviews.
  • Assist in strengthening governance frameworks and risk reporting capabilities.
  • Help ensure compliance with internal policies and regulatory requirements.

Reporting & Insights

  • Prepare risk analysis reports and presentations for senior management.
  • Provide meaningful insights and recommendations that support strategic decision-making.
  • Support risk-related committee reporting and management information processes.
  • Deliver clear and concise communication of risk-related matters to stakeholders.

Collaboration & Stakeholder Management

  • Work closely with Finance, Credit, Operations, Compliance, Audit, and other Risk teams.
  • Build strong relationships across business functions to support enterprise-wide risk management.
  • Contribute to cross-functional initiatives and regulatory projects where required.
  • Stay informed on economic, regulatory, and industry developments impacting the banking sector.

What We're Looking For:

Education

  • Bachelor's Degree in Financial Risk Management, Actuarial Science, Mathematics, Economics, Statistics, Finance, or a related discipline.

Experience

  • UAE National Fresh Graduate or qualified Ethraa candidate.
  • Strong academic background with a passion for Risk Management and Analytics.
  • Previous internships or exposure to banking, finance, analytics, or risk functions will be advantageous.

Industry Exposure

  • Understanding of banking and financial services environments.
  • Interest in Enterprise Risk Management, Governance, Regulatory Compliance, and Analytics.
  • Exposure to data analysis and reporting concepts.

What’s In It For You:

  • Competitive, performance-linked compensation.
  • Medical coverage for you and your family.
  • Comprehensive life insurance.
  • Structured development program and career progression opportunities.
  • Exposure to enterprise-wide banking risk management practices.
  • Opportunity to work with senior stakeholders across the Bank.
  • A collaborative environment focused on learning, innovation, and professional growth.

Skills:

  • Analytical Thinking: Strong ability to analyze data and interpret complex information.
  • Problem Solving: Ability to evaluate risks and propose practical solutions.
  • Data & Technology: Knowledge of MS Office and exposure to SQL, Python, SAS, R, or other analytical tools is advantageous.
  • Communication Skills: Ability to present information clearly and effectively.
  • Attention to Detail: Strong focus on accuracy and quality of analysis.
  • Stakeholder Management: Ability to collaborate effectively across teams.
  • Personal Drive: Self-motivated, organized, and eager to learn.
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