Director

Job Description : DIRECTOR IT RISK DUBAI This role offers an exciting opportunity to provide guidance and deliver an effective risk-based supervision strategy for IT contributing to the achievement of strategic and business objectives. The successful candidate will demonstrate subject matter expertise and policy-level thought leadership in directing a large team responsible for risk-based supervision of financial institutions and other regulated entities. Strategy Formulation, Implementation, Planning and Projects- Contribute to the organisation wide and Supervision Division-wide strategic direction, business planning and policy formation. Ensure effective cascading of approved strategy, business plans and policy into the day-to-day management of the team. Develop and implement a supervision strategy for the team, consistent with the organisation wide goals and objectives. Ensure organisation's projects, as captured in the Business Plan, relevant to the team are completed effectively, on-time and within budget. Ensure that firms engaged in delivery of financial services with the use of technology as their primary delivery means (i.e. FinTech firms), where operational risks are elevated, are supervised appropriately. Provide support to the Licence team for applicant firms that will be assigned to the ITR team. Ensure that ITL firms are operating in a safe and sound manner and with the goal of transitioning to full license within 12-24 months. Collaborate with the other team directors and team leaders to design, develop and implement innovative systems that support supervisory staff in the execution of their day-to-day tasks. Monitoring technology risks including cyber risks across the population of authorised firms and regulated entities. The team pays close attention to technology and cyber risk, in addition to client asset protection, client classification, suitability, and transparency. Continuously benchmark and measure the operational risk outliers and sub-elements and design, implement and maintain regulatory frameworks as necessary. This includes, but not limited to technology and cyber risk, outsourcing risk and governance of operational risk as a whole. Bachelor’s degree in business, Science, Engineering, Economics, Finance or a related field MSc in a related field is preferred 12+ years of regulatory, compliance ,risk management experience or industry related field in Innovation and Technology Minimum of 5 years in managerial / supervisory roles Experience in the development of regulatory standards and policy analysis In-depth knowledge of the financial services industry

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