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Manager – Operational & Enterprise Risk Management, UAE

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

Full Job Posting

About Alvarez & Marsal

Alvarez & Marsal is a global consulting firm with an entrepreneurial, hands-on, results-oriented approach to client problems.

The firm describes its culture as collaborative and guided by integrity, quality, objectivity, fun, personal reward, and inclusive diversity.

The Team and Role

The Operational Risk Management team supports clients with enterprise and operational risk frameworks, controls, resilience, risk data, and independent assurance.

A&M is recruiting a Manager based in the Middle East region to lead operational and enterprise risk engagements.

How You Will Contribute

  • Lead complex ORM and ERM engagements end-to-end, including framework design, risk assessment, control testing, remediation, and delivery management.
  • Design integrated risk frameworks linking principal risks to operational taxonomies, process and control libraries, and risk registers.
  • Lead enterprise risk identification across strategic, financial, regulatory, technology, and emerging risks.
  • Deliver Safety Culture assessments, HSE management system reviews, leadership training, and coaching.
  • Develop risk appetite statements and operational tolerances, KRIs, thresholds, and escalation protocols.
  • Facilitate RCSAs, challenge risk ratings, and map controls to risks; test controls and agree prioritized remediation plans.
  • Strengthen risk governance, second-line oversight, policies, incident and issue 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 and internal executive stakeholders, including risk and audit committees, and challenge management constructively.
  • Manage and coach junior team members and maintain quality of workpapers, evidence, and deliverables.
  • Develop client relationships and contribute to proposals, pitches, new business prospects, and thought leadership.

Qualifications

  • Bachelor's or master's degree in business administration, finance, accounting, risk management, engineering, or a related field.
  • At least 5 years of operational and enterprise risk experience from the first or second line, internal audit, or consulting.
  • Hands-on ownership of a risk framework or components such as taxonomy, registers, appetite, KRIs, and control libraries.
  • Experience running RCSAs and testing control design and operating effectiveness.
  • Experience with operational risk event and loss data, incident management, root-cause and scenario analysis, risk appetite, emerging risk assessments, and board-level reporting.
  • Working knowledge of frameworks and regulatory expectations such as ISO 31000, ISO 17776, and operational resilience regimes.
  • Professional ERM or ISO 31000 qualification held or in progress.
  • Experience engaging risk and audit committees, regulators, and second- and third-line functions.
  • Strong communication, objectivity, independence, constructive challenge, analytical problem-solving, business acumen, and a collaborative, results-driven approach.
  • Willingness to travel as required.
  • Experience in Psychosocial Safety, Process Safety Management, Crisis Management, Critical Risk Management, Change Management, and consulting is advantageous.

Your Journey at A&M

  • A&M describes performance development, continuous learning, training, and on-the-job learning opportunities.
  • The company says it provides benefits and resources to support employee well-being and professional and personal development.

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