Head of Risk

Full time at Cresco Talent Partners in UAE

Posted on January 29, 2025

Job details

The Risk Director is responsible for leading the development and driving execution of a comprehensive risk policy framework and strategy to mitigate risks at an organization-wide level. This role ensures the protection of employees, assets, and the organization's reputation. The Risk Director oversees the provision of compliance services to maintain alignment with internal policies and regulatory obligations while ensuring the effective implementation of business continuity and disaster recovery strategies. Key Stakeholders Internal:

Board Risk and Audit Committee
Business Units
Internal Audit Team
Legal Team
Corporate Services Teams
Finance Team
Internal Committees

External:

Auditors

Primary Accountabilities & Responsibilities Strategic Planning

Set the business direction for the Risk Department and guide strategy development in line with organizational priorities.
Prepare and manage the annual budget, operational plan, KPIs, and targets for the department.
Define the operating framework, provide leadership, and facilitate work processes to drive the Risk Management function.
Ensure risk management practices are embedded in the organization's strategy and participate in management decision-making and cross-departmental collaborations.
Formulate an integrated risk management framework, establishing prudent risk policies and guidelines.
Establish and monitor performance against the corporate risk appetite.
Oversee the ongoing development and adherence to the risk framework, including policies and risk registers.
Monitor enterprise-level risk assessment, evaluating and addressing risks while following up on implementation across departments.
Provide guidance to the Board and Executive Management on risk and compliance to enable informed decision-making.
Foster a culture of risk management and compliance through awareness sessions, risk champion frameworks, and early warning systems.

Compliance

Ensure compliance with all applicable laws, regulations, professional standards, and internal policies.
Oversee the development and continuous review of the compliance framework, ensuring appropriate risk assessment, monitoring, and evaluation.
Conduct periodic internal compliance reviews to ensure adherence to established procedures.
Monitor compliance concerns and ensure violations are appropriately addressed and reported.
Ensure compliance training for all internal stakeholders to increase awareness of policies and regulations.

Business Continuity Management

Oversee the Business Continuity processes to ensure organizational resilience during crises or disasters.
Develop disaster recovery plans for critical assets and contingency plans for emergencies.
Review reports on fraud and whistleblowing.
Ensure effective implementation and testing of Business Continuity Management standards and procedures.

People Management

Develop and mentor talent within the team, providing guidance and ongoing feedback to achieve defined goals.
Define SMART objectives and KPIs for direct reports and ensure effective performance management.
Foster a culture of collaboration, accountability, and continuous professional development.

Quality & Compliance Responsibilities

Advocate for Health, Safety, and Environmental procedures and ensure adherence to regulatory standards.
Promote a culture of compliance across the division and guide stakeholders in upholding regulatory requirements.

Job Prerequisites Qualifications:

Bachelor's/Master's Degree in Law, Finance, Business Administration, or related fields.
Proficiency in English and/or Arabic.

Certifications:

ICA Certificate of Compliance.

Experience:

10-15 years of experience in relevant fields.
Governance, risk, and control expertise.
Proficiency in risk assessment frameworks (e.g., COSO, ISO).
Knowledge of regulatory standards and cybersecurity principles.
Familiarity with business continuity planning and risk management tools.
Proficiency in qualitative and quantitative risk analysis techniques.

#J-18808-Ljbffr

Apply safely

To stay safe in your job search, information on common scams and to get free expert advice, we recommend that you visit SAFERjobs, a non-profit, joint industry and law enforcement organization working to combat job scams.

Hiring company

Cresco Talent Partners

See All Cresco Talent Partners Jobs

Improve your chance to get this job. Do an online course on Sales and Negotiation starting now.

Level 4 Business and Administrative Management Academy for Health & Fitness

AED 799

Duration: Upto 90 Hours

Enrol
Business Productivity Study 365

AED 93

Duration: 2 Hours

Enrol

See all courses

See All Head Jobs

Head of Risk

Job details

Apply safely

Hiring company

Cresco Talent Partners

Non-Operated Cost Engineer specialist

Senior RBI Engineer (Fixed Term - 24 Months)

Senior Contract Manager

Procurement Specialist

Non-Operated Well Delivery Specialist

Non-Operated Operations Excellence specialist

Non-Operated Development Engineering specialist

Graduate Trainee - Engineering (UAE Nationals Only)

Tax Supervisor

Graduate Trainee - Engineering (UAE National)

Graduate Trainee - Engineering (Part Time - UAE Nationals Only)

RBI Team Lead (Fixed Term - 24 Months)

Project Contract Manager

Operations Coordinator (Oilfield Services) - Middle East

Commissioning Process / Utility Engineer

Completion Supervisors

NOC Engineer (No Objection Certificate)

Lead Petroleum Engineer

Planning Engineer

Jobs

Courses

Location

Follow us

Home UAE Head of Risk

Home UAE Head of Risk

Head of Risk

Job details

Apply safely

Hiring company

Cresco Talent Partners

Similiar Jobs that might interest you

Non-Operated Cost Engineer specialist

Senior RBI Engineer (Fixed Term - 24 Months)

Senior Contract Manager

Procurement Specialist

Non-Operated Well Delivery Specialist

Non-Operated Operations Excellence specialist

Non-Operated Development Engineering specialist

Graduate Trainee - Engineering (UAE Nationals Only)

Tax Supervisor

Graduate Trainee - Engineering (UAE National)

Graduate Trainee - Engineering (Part Time - UAE Nationals Only)

RBI Team Lead (Fixed Term - 24 Months)

Project Contract Manager

Operations Coordinator (Oilfield Services) - Middle East

Commissioning Process / Utility Engineer

Completion Supervisors

NOC Engineer (No Objection Certificate)

Lead Petroleum Engineer

Planning Engineer

Why are you reporting this job?

Laimoon Job Alert fresh jobs directly from websites*

Jobs

Courses

Location

Follow us