Risk Management Manager

5 months ago


Dubai, United Arab Emirates BAYAN HOLDING COMPANY Full time

We are looking for Risk Management Manager for e-payment services involves overseeing and mitigating various risks associated with electronic transactions.
- Develop and implement risk management strategies, policies, and procedures for the payment gateway or e-payment system.
- Identify, assess, and prioritize potential risks, such as fraud, money laundering, cybersecurity threats, and regulatory compliance issues.
- Conduct thorough risk assessments and audits to identify vulnerabilities and recommend appropriate controls.
- Monitor and analyze transactional data and patterns to detect fraudulent activities and suspicious transactions.
- Collaborate with internal teams, external partners, and regulatory bodies to ensure compliance with industry standards and regulations.
- Develop and deliver training programs to educate employees and stakeholders on risk management best practices.
- Stay updated on emerging risks, industry trends, and regulatory changes to proactively address potential issues.
- Prepare reports and presentations for management, highlighting risk exposure, mitigation strategies, and compliance status.
- Lead incident response and investigation efforts in case of security breaches or fraudulent activities.
- Implement and maintain effective risk monitoring tools, systems, and technologies.

**Qualifications**:

- Bachelor's or master's degree in finance, business administration, risk management, or a related field.
- Proven experience (typically 5+ years) in risk management, preferably in the payment gateway or e-payment industry.
- Strong understanding of payment systems, electronic transactions, and associated risks.
- In-depth knowledge of relevant regulations and compliance requirements, such as PCI-DSS, AML, KYC, and GDPR.
- Familiarity with fraud detection and prevention techniques, as well as cybersecurity principles.
- Analytical mindset and the ability to assess complex data sets and identify patterns or anomalies.
- Excellent communication and interpersonal skills to collaborate with cross-functional teams and external stakeholders.
- Strong problem-solving and decision-making abilities, particularly in high-pressure situations.
- Attention to detail and the ability to prioritize and manage multiple tasks effectively.
- Professional certifications such as Certified Risk Manager (CRM) or Certified Fraud Examiner (CFE) are a plus.

**Experience**:

- of the same field in UAE: 2 years (preferred)


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