Business Risk Manager JOB DESCRIPTION GUIDE

Business Risk Manager Salary Guide

Looking to hire top talent or advance your career? Our expertly researched salary guide for 2024 provides valuable insights into Banking & Finance positions!

Business Risk Manager Top Duties and Qualifications

Many top business and finance companies would like a strategic thinker to join their team as a business risk manager. The job’s core is an understanding of identifying and mitigating risks to operations, finances, or reputation.

This role demands expertise in risk management principles, regulatory knowledge, and the capability to devise and execute strategies to mitigate risks across financial, operational, market, credit, and regulatory domains.

Desired Profile For A Business Risk Manager

Roles and Duties

If you intend to seek a career as a Business Risk Manager, the following are the general obligations and duties you can expect from the top business and finance companies:

Identify and assess risks.
Design a risk management plan.
Record and monitor risk exposure.
Consult customers or other relevant people to minimize risks.
Draw business continuity plans and crisis management plans.
Follow relevant statutes.
Perform review and audit.
Guide and train on risk management.

Qualifications And Certifications

To excel as a Business Risk Manager in top UAE Banking and Finance firms, acquire the following essential occupational qualifications and top certifications:

Required Bachelor’s or Master’s degree in:
- Accounting
- Finance
- Economics
- Business Administration
- Risk Management
Most in-demand certifications include:
- Certified Risk Management Professional (CRMP)
- Certified Risk and Compliance Management Associate (CRMA)
- Financial Risk Manager (FRM)
- Professional Risk Manager (PRM)
- Certified Financial Risk Manager (CFRM)
- Certified Market Risk Professional (CMRP)

Skills And Expertise

To achieve career success as a Business Risk Manager, individuals must possess the following essential skills and experience:

5-7 years of experience in risk management, regulatory affairs or related fields.
Experience with hedging, derivatives and risk modelling.
Expertise in crisis management and management control.
Strong command of MS Office programs.
Knowledge of law, rules, legality of codes, law procedure and other regulatory processes.
Strong command of risk management software and tools (Python, R, SAS, Calypso, Murex, etc.).
Financial acumen.
Analytic reasoning and strategic thinking.
Leadership and communication skills.

RFS HR Consultancy, a Premier Talent Management Consultancy for Business and Finance companies in UAE, specializes in connecting top businesses with talented professionals.

Explore our platform for the latest Banking and finance positions at top Business and finance firms.

BUILD A DREAM TEAM WITH DIVERSE EXPERTISE

Share your Hiring Requirments

About Your Hire

About You

Specialisation

Name

Job Position

Phone Number

Type of Employement

Company Name

Job Desigination

Description

ADDITIONAL BANKING AND FINANCE JOBS

CHIEF INVESTMENT OFFICER

SALES MANAGER

CUSTOMER RELATION MANAGER

MLR OFFICER

BANKING AND FINANCE LAWYER

INTERNAL AND AUDITOR

Transform the workforce with expert talent across diverse industries

Digital and Tech

As analysis suggests, due to the development of cloud, AI, and software designing, the digital and IT sector is always a growing market. These are the specialized positions: cloud solution architects, IT director, system analysts, and software developers. The specialists in such areas as application development, security, new technologies, and methodologies can be targeted by large organizations.

Healthcare and Life Sciences

In the healthcare and life sciences, the business formula aims for the enhancement of medical diseases and their cures as well as patients. Some of the main jobs in clinical research include clinical research coordinators, bio statisticians, general practitioner, specialist doctor, and healthcare data analysts all of whom are instrumental in the progression of medicine in general.

Finance and Banking

Banking and finance is a dynamic sector in economy that occupies a wide field of activities from lending basic services to giving financial consultancy and managing investments. Some of the most important careers that help in reinforcement of economic organizations include the following; Financial directors, accountant, finance lawyers, and internal auditors.