Senior Manager / Director Financial Services Risk Management (FSRM)
Languages:Arabic & English (Mandatory)
Experience:12–15 years
Banking, Insurance, and Financial Institutions
Client Delivery and Technical Leadership
- Lead complex risk transformation engagements covering credit, market, liquidity, and operational risk , regulatory capital, and stress testing.
- Design, calibrate, and validate risk models (PD, LGD, EAD) under Basel and IFRS 9.
- Develop and review ICAAP frameworks, capital planning, and stress testing programs for regulatory submission.
- Support clients in strengthening liquidity risk frameworks (LCR, NSFR, IRRBB) and aligning ALM practices with supervisory expectations.
- Advise on operational risk frameworks, RCSA design, loss data analytics, and capital quantification under Basel III/IV.
- Oversee engagement governance, ensuring delivery excellence, client satisfaction, and measurable impact.
Market and Business Development
- Build and manage senior client relationships, including C-suite and Board-level stakeholders.
- Contribute to business development through proposal leadership, solution design, and sector insights.
- Identify emerging client needs (ESG, climate risk, AI governance) and translate them into new service offerings.
People and Practice Development
- Coach and mentor junior team members, fostering a culture of analytical rigor and innovation.
- Develop EY’s intellectual capital through publications, client insights, and participation in industry forums.
- Promote cross-border collaboration with other EY member firms in Europe, APAC, and the GCC.
Desirable / Differentiating Areas
- Lead or contribute to fraud risk analytics using machine learning and anomaly detection.
- Design third-party risk management frameworks for outsourcing and fintech ecosystems.
- Apply AI/ML and automation in model governance, early-warning indicators, and risk reporting.
- Integrate digital, cyber, and resilience considerations into enterprise risk frameworks.
Skills and Attributes for Success
- Strong quantitative background and regulatory fluency across credit, market, liquidity, and operational risk domains.
- Deep understanding of Basel III/IV , IFRS 9 , and ICAAP/ILAAP requirements.
- Proficiency in Python, R, SAS, or SQL for quantitative and stress-testing model development.
- Excellent leadership, communication, and stakeholder management skills, capable of engaging both technical and executive audiences.
- Strategic thinker with an ability to translate complex regulations into actionable business solutions.
To Qualify for the Role, You Must Have
- 12–15 years of experience in financial-services risk management, either in consulting or at a Tier-1 bank.
- Demonstrated success leading risk and capital-management transformation programs.
- Experience working directly with regulators (e.g., SAMA, CBUAE, QCB, EBA, APRA, PRA).
- Fluency in Arabic and English (spoken and written).
Ideally, You’ll Also Have
- Exposure to fraud, third-party, or digital-risk domains.
- International project experience across Europe, Australia, or APAC.
- Professional certifications such as FRM , CFA , or PRM .
- Experience leveraging AI/ML for predictive modelling, anomaly detection, or model monitoring.
What We Offer
- A platform to lead risk transformation across the region’s most significant financial institutions.
- Access to EY’s global network of quantitative and regulatory experts.
- Opportunities to innovate with emerging technologies in risk and finance.
- A diverse and inclusive culture that values intellectual curiosity and teamwork.