AVP – Operational Risk & Control

Full time FAB Bank

Job Description


Provide an independent, objective assurance, advisory and consulting services designed to assist Group Operations in achieving its objectives by providing a positive impact on the efficiency and effectiveness of the Bank’s operations in UAE and centralized Operations.



  • Assist in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards.

Risk Assessments

  • Effectively and independently carry out the Risk Assessment to monitor and control the residual risks identified by following the Operational Risk Management (ORM) policies and framework at Group Operations

Incident Management

  • Manage all the incidents right from Control Failure till mitigation including determination of owner of the incident in order to log the incidents

Periodic Reviews

  • Implementing robust tools / processes to identify / mitigate / assist Group Operation on operational risks, by way of OC reviews & tracking open issues for closure
  • Carry out independent Output Control and independent Operational reviews, to support Group Operations to identify / mitigate / assist Group Operations on Operational Risks

AML and Regulatory Compliance

  • Assist in ensuring Anti money laundering, Central Bank Guidelines and other internal policies / procedures are strictly followed and any deviations are reported to levels prescribed.

Initiatives and Tools

  • Provide efficient support in demonstrating proactive pursuit of Group Operation initiatives and any external initiatives assigned to ORC / Group Operation and develop exception reports to suit the OC and operational reviews

Policies, Systems, Processes & Procedures

  • Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
  • Demonstrate compliance to organisation’s values and ethics at all times to support the establishment of a value drive culture within the bank.

Continuous Improvement

  • Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.


Minimum Qualification

  • Bachelor’s degree in Finance or related discipline.
  • 6-10 years’ relevant experience in the banking sector with at least 3 years in Risk Management or Internal Audit.
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