Head Of Risk E-Money MENA SVF

Job Description

Responsibilities

• 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: Work closely with Compliance, MLRO, Finance, Treasury, Product, Operations, and Technology to ensure clear ownership and no gaps. Risk owns oversight and challenge. First line owns execution

Requirements

• Education & Experience: University degree and 8+ years in risk management within regulated financial services. Payments, e-money, SVF, or digital wallets experience is strongly preferred
• Regulatory Knowledge: Strong practical knowledge of CBUAE expectations relevant to SVF and payment activities, including governance, safeguarding, outsourcing, and operational resilience. Prior regulatory approval in the UAE is a strong advantage
• Governance: Proven Board and committee engagement, strong escalation discipline, and experience running a second line risk function with clear independence
• Risk Technical Strength: Demonstrated capability across operational risk, technology and cyber risk oversight, third party risk, liquidity risk oversight, stress testing, and incident management
• Leadership: Ability to build and lead a high accountability risk function in a fast-paced environment, and to challenge senior stakeholders without creating noise or blockers
• Integrity: High ethical standards, independence of judgment, and ability to meet fit and proper expectations. Professional risk qualifications (FRM, PRM, CFA) are an advantage

What You Will Get In Return

• Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated
• Work-Life Harmony: Join a company that genuinely cares about you -because your life outside of work matters just as much as your time on the clock
• Generous Time Off: Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry
• Employee Referral Program: Love working here? Share the love! Bring your talented friends on board and get rewarded for growing our awesome team
• Comprehensive Health Benefits: We’ve got your back with a medical insurance plan. Plus, location-specific benefits and perks!
• Workation Wonderland: Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!
• Volunteer Days: Make a difference! Take two additional paid days each year to support causes you care about and give back to the community
• Be a key player at the forefront of the digital assets movement, propelling your career to new heights!
• Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity.
• Work alongside one of the most brilliant teams in the industry.

Job Details

About The Company

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