Head of Risk E-Money MENA (SVF)

Overview

• Strategic Risk Leadership

• Define and drive the SVF risk strategy for MENA, aligned with the Group risk framework and the SVF business plan.
• Risk Governance:
• Own the Enterprise Risk Management Framework, risk appetite statements, KRIs, policies, and committee governance.
• Ensure direct escalation access to the Board or its committees.
• Regulatory Alignment:
• Lead risk engagement with the CBUAE and other relevant UAE regulators where applicable.
• Support regulatory submissions, inspections, findings remediation, and ongoing supervisory expectations.
• Safeguarding and Liquidity Oversight:
• Provide independent oversight of safeguarding arrangements, client funds flows, reconciliations oversight, settlement exposures, and liquidity risk management.
• Ensure stress testing reflects peak redemption and operational disruption scenarios.
• Product and Change Risk:
• Provide independent challenge for new products, material changes, and partnerships.
• Ensure risk sign-off is a gating step before launch and that residual risk is within appetite.
• Operational and Technology Risk:
• Oversee operational risk, including payments operations, fraud risk oversight, incident management, systems availability, cybersecurity risk oversight, and operational resilience.
• Outsourcing and Third Party Risk:
• Set the third party risk framework and oversee risks from banks, processors, fintech partners, cloud providers, and outsourced operations.
• Ensure robust due diligence, ongoing monitoring, and exit planning.
• Monitoring and Reporting:
• Maintain the risk register and control assurance approach.
• Deliver clear, decision-ready reporting to senior management and the Board, including breaches, incidents, emerging risks, and remediation status.

• Cross Functional Coordination