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Manager – Operational & Enterprise Risk Management, UAE

Alvarez & Marsal
Dubai, UAE
Full-time
Onsite
Discovered 3 weeks ago
Operational risk managementEnterprise risk managementRisk framework and taxonomy designRisk and control self-assessment (RCSA)Control design and effectiveness testingRisk appetite statements and key risk indicators

Full Job Posting

About the employer and team

Alvarez & Marsal is a global consulting firm describing its approach as hands-on, entrepreneurial, and results-oriented.

The Operational Risk Management team advises on enterprise and operational risks, frameworks, controls, resilience, risk data, and independent assurance.

Role overview

The firm is recruiting a Manager for its Risk and Assurance capability in the Middle East region.

The role leads operational risk and enterprise risk management engagements and client delivery.

Responsibilities

  • Lead end-to-end ORM and ERM engagements, including framework design, risk assessments, control testing, remediation, quality, budget, and timelines.
  • Design integrated frameworks linking principal risks to operational taxonomies, process and control libraries, and risk registers.
  • Identify strategic, financial, regulatory, technology, and emerging risks; develop risk appetite, tolerances, KRIs, thresholds, and escalation protocols.
  • Lead safety culture assessments, HSE system reviews, leadership training, and coaching.
  • Facilitate RCSAs, challenge risk ratings, test controls, identify gaps and root causes, and agree remediation plans.
  • Strengthen risk governance, three-lines-of-defense accountabilities, committees, policies, incident management, and executive and board reporting.
  • Deliver control assurance, thematic and deep-dive reviews, and independent assurance over major change and transformation programs.
  • Present findings to clients, executives, and risk and audit committees; manage and coach junior staff and review their work.
  • Build client relationships and contribute to proposals, pitches, new business, and thought leadership.

Qualifications and experience

  • Bachelor's or master's degree in business administration, finance, accounting, risk management, engineering, or a related field.
  • 5+ years of operational and enterprise risk experience in a first- or second-line role, internal audit, or consulting.
  • Hands-on ownership of risk framework components, including taxonomy, registers, appetite, KRIs, and control libraries.
  • Experience running RCSAs, testing controls, working with operational risk data and incidents, and conducting root-cause and scenario analysis.
  • Experience developing risk appetite statements, principal and emerging risk assessments, and board-level reporting.
  • Working knowledge of ISO 31000, ISO 17776, and operational resilience expectations; professional ERM or ISO 31000 certification held or in progress.
  • Experience engaging risk and audit committees, regulators, and second- and third-line functions; willingness to travel as required.

Professional capabilities

  • Strong communication skills for technical and non-technical audiences, analytical ability, and pragmatic problem-solving.
  • Ability to maintain objectivity, challenge constructively, and work collaboratively in a fast-paced environment.
  • Developing client management, business development, and negotiation skills are expected.

Advantageous experience

Experience in psychosocial safety, process safety management, crisis management, critical risk management, or change management is advantageous.

Previous consulting experience is advantageous.

Workplace

  • The posting describes the role as based in the Middle East region; travel is required as needed.

Development and benefits

  • The employer describes performance development, training, on-the-job learning, and benefits and well-being resources.

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