Associate Director, First Line Risk & Control Dicetek LLC

Posted on 23 Feb

Experience

5 - 8 Years

Education

Bachelor of Business Administration(Management), MBA/PG Diploma in Business Mgmt(Finance)

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  1. Risk Supervision & Advisory: Serve as the 1LoD SME for supervision structures and operational risk assessments, providing continuous advisory and ad-hoc training to Front Office (FO) staff to strengthen risk mitigation culture.

  2. Risk Assessment & Prevention: Develop and manage critical risk monitoring measures, including Key Risk Indicators (KRIs), Risk Control Self-Assessments (RCSA), and Conduct Risk Identification (CRI) to ensure a front-to-end control plan.

  3. Incident Management & Remediation: Lead the declaration, investigation, and analysis of operational risk incidents; coordinate global remediation plans and ensure the timely closure of internal/external audit recommendations.

  4. Control Optimization: Materialize and continuously improve the First Line control plan by rationalizing and streamlining controls to enhance efficiency while reducing residual risks.

  5. Validation Coordination: Oversee the internal validation process for exceptional transactions, new product rollouts, and automated trading strategies, ensuring adherence to policy and the implementation of required action points.

Governance & Reporting: Act as the Single Point of Contact (SPOC) for business management tasks (BCP, DLP, SOPs) and contribute to Regional and International Governance forums (e.g., BRCC, RRCF, IRCF) to provide expert advisory on operational risk governance.

Desired Candidate Profile

  • Knowledge & Experience: · Professional Experience: 5-8 years of experience in 1st or 2nd Line Non-Financial Risk roles or as an auditor. · Educational Background: Bachelor’s or Master’s Degree in Risk Management, Finance, Business, or Accounting. FRM certification is considered an advantage. · Domain Knowledge: Robust understanding of financial products, as well as a comprehensive understanding of the regulatory landscape in the MENA region. · Technical Proficiency: Advanced knowledge of MS Office Suite, specifically Excel and PowerPoint, for the production of Management Information (MI). Prior experience on Archer or other similar Enterprise Risk Management system would be helpful. Skills: · Technical Skills: Proven expertise in operational risk methodology, internal control frameworks (or internal audit processes); strong process knowledge and attention to detail. · Analytical & Problem Solving: Ability to form and articulate informed positions through structured thinking and prioritization, with the capacity to act autonomously in high-pressure environments. · Communication & Negotiation: Excellence in written and spoken English (Arabic is a plus); ability to negotiate and influence stakeholders at all levels of the organization. · Interpersonal Skills: Strong stakeholder management capabilities with a "team player" mindset and the ability to multi-task in a fast-paced environment. Ethical Standards: High ethical standards and a commitment to driving a value-driven culture in relation to compliance and conduct standards.

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Internal Controls
  • Risk Reporting
  • Director Of Risk And Control
  • Risk Governance Manager
  • Financial Analysis
  • Compliance
  • Risk Assessment
  • Head Of Operational Risk

Dicetek LLC

Dicetek is a global IT Solutions and Services Company established in 2006 with its corporate headquarters in Singapore. We continue to expand our global network while providing value-added cost-effective consulting services to our clients. DICETEK has operational offices in India, UAE, Singapore & USA. As a world-class company with a regional focus, we primarily concentrate on providing Information Technology Solutions and Professional Consulting Services, across different verticals like Banking & Financial Services, Telecom, Government, Oil & Gas, Logistics, Supply Chain, Real Estate & Manufacturing. We have a solid reputation in the technology industry for providing excellent services to our clients. Our values are represented by our integrity, thought leadership, and commitment to maintaining a high-level of excellence in the constantly evolving world of Information Technology.

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Rizwana Ashfaq Ashfaq - Manager- Talent Acquisition

Office No. 307 - 3rd Floor, New Century Tower, Port Saeed Road,Opp. Deira City Centre, Dubai - United Arab Emirates., Dubai, United Arab Emirates (UAE)

https://www.dicetek.net