aG Resources is looking to connect with AM-Risk on an immediate basis for a reputable client.
Location: Abu Dhab i
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;
Ability to work independently, remain focused and maintain highest integrity and objectivity.
Job Types: Full-time, Contract
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