
RAK Bank
Senior Risk Analyst
π¦πͺ UAE, UAEπ’ On-site
Risk ManagementFinancial AnalysisEnterprise Risk ManagementData AnalysisBankingRisk Governance
π UAE National / Ethraa candidate
At a Glance
- Category
- π¦ Finance & Banking
- Level
- Senior
- Type
- Full-time
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What You'll Be Doing:
Risk Assessment & Analysis
- Conduct detailed risk assessments to identify potential threats and vulnerabilities across the Bank.
- Analyze financial, operational, and external risk factors that may impact business performance.
- Monitor trends, emerging risks, and market developments that could affect the Bank's risk profile.
- Support enterprise-wide risk identification and assessment exercises.
Enterprise Risk Management
- Maintain and support the Bank's risk inventory and risk management framework.
- Assist in the development and monitoring of the Risk Appetite Statement.
- Monitor adherence to approved risk appetite and escalate breaches where necessary.
- Support periodic reviews of key risk indicators and risk metrics.
Risk Governance & Controls
- Recommend practical risk mitigation strategies and control enhancements.
- Support management in addressing findings arising from risk assessments, audits, and regulatory reviews.
- Assist in strengthening governance frameworks and risk reporting capabilities.
- Help ensure compliance with internal policies and regulatory requirements.
Reporting & Insights
- Prepare risk analysis reports and presentations for senior management.
- Provide meaningful insights and recommendations that support strategic decision-making.
- Support risk-related committee reporting and management information processes.
- Deliver clear and concise communication of risk-related matters to stakeholders.
Collaboration & Stakeholder Management
- Work closely with Finance, Credit, Operations, Compliance, Audit, and other Risk teams.
- Build strong relationships across business functions to support enterprise-wide risk management.
- Contribute to cross-functional initiatives and regulatory projects where required.
- Stay informed on economic, regulatory, and industry developments impacting the banking sector.
What We're Looking For:
Education
- Bachelor's Degree in Financial Risk Management, Actuarial Science, Mathematics, Economics, Statistics, Finance, or a related discipline.
Experience
- UAE National Fresh Graduate or qualified Ethraa candidate.
- Strong academic background with a passion for Risk Management and Analytics.
- Previous internships or exposure to banking, finance, analytics, or risk functions will be advantageous.
Industry Exposure
- Understanding of banking and financial services environments.
- Interest in Enterprise Risk Management, Governance, Regulatory Compliance, and Analytics.
- Exposure to data analysis and reporting concepts.
Whatβs In It For You:
- Competitive, performance-linked compensation.
- Medical coverage for you and your family.
- Comprehensive life insurance.
- Structured development program and career progression opportunities.
- Exposure to enterprise-wide banking risk management practices.
- Opportunity to work with senior stakeholders across the Bank.
- A collaborative environment focused on learning, innovation, and professional growth.
Skills:
- Analytical Thinking: Strong ability to analyze data and interpret complex information.
- Problem Solving: Ability to evaluate risks and propose practical solutions.
- Data & Technology: Knowledge of MS Office and exposure to SQL, Python, SAS, R, or other analytical tools is advantageous.
- Communication Skills: Ability to present information clearly and effectively.
- Attention to Detail: Strong focus on accuracy and quality of analysis.
- Stakeholder Management: Ability to collaborate effectively across teams.
- Personal Drive: Self-motivated, organized, and eager to learn.
Requirements
- β’Bachelor's Degree in Financial Risk Management, Actuarial Science, Mathematics, Economics, Statistics, Finance, or a related discipline
- β’UAE National Fresh Graduate or qualified Ethraa candidate
- β’Strong academic background with a passion for Risk Management and Analytics
- β’Understanding of banking and financial services environments
- β’Interest in Enterprise Risk Management, Governance, Regulatory Compliance, and Analytics
- β’Exposure to data analysis and reporting concepts
Nice to Have
- β’Previous internships or exposure to banking, finance, analytics, or risk functions
Responsibilities
- β’Conduct detailed risk assessments to identify potential threats and vulnerabilities
- β’Analyze financial, operational, and external risk factors
- β’Monitor trends, emerging risks, and market developments
- β’Maintain and support the Bank's risk inventory and risk management framework
- β’Assist in the development and monitoring of the Risk Appetite Statement
- β’Recommend practical risk mitigation strategies and control enhancements
- β’Prepare risk analysis reports and presentations for senior management
- β’Work closely with Finance, Credit, Operations, Compliance, and Audit teams
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Free check in 60 seconds. Fixes $5.88 one-time, only if you want them.
Benefits Package
π Housing
βοΈFlights
π₯Medical
πEducation
πTransport
π°Gratuity
π―Bonus
π¦Relocation
GCC Info
π UAE National / Ethraa candidate
Company

RAK Bank
1000-5000 employees
RAK Bank is a leading public joint stock bank headquartered in Ras Al Khaimah, UAE. It offers a comprehensive range of retail, corporate, and investment banking solutions across the UAE.
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