Business Risk Analyst-BBD (Outsource)

Role Overview

Business Risk Analyst-BBD (Outsource) at ADIB, located in Dubai.

Role Purpose

Keep Business Banking Division Standard Operating Procedures, memos, and service level agreements current. Enhance existing Business Banking processes and services. Identify innovative process and service offerings to support Business Banking Division growth. Support the Relationship Management Team in customer transactions and queries. Ensure products and services align with ADIB strategy, goals, and Sharia Guidelines. Liaise with business partners to ensure smooth department functioning.

Key Responsibilities

Data Collection & Validation

• Collect, clean, and validate data from GCD, ODD, and risk systems for accuracy.
• Maintain accurate records and follow-up for GCD-related relationship exits.
• Act as focal point for GCD queries related to AML/Sanctions and ensure timely resolution.

Analysis & Reporting

• Analyze relationship exit data to identify delays, trends, and root causes.
• Perform data analytics on AML/Sanctions queries to detect recurring issues.
• Conduct variance analysis between planned vs. actual risk mitigation timelines.
• Track and analyze BBD RFIs data for response timelines and escalation patterns.
• Conduct root cause analysis on high-risk events using historical data.
• Prepare MIS reports and trend analysis for senior management.
• Conduct regulatory gap assessments using structured data comparison.
• Perform thematic reviews based on data signals from audits or regulatory changes.
• Develop predictive models to anticipate risk events based on historical patterns.

Risk Monitoring & Escalation

• Perform KRIS scoring and ensure accurate data input in GRC systems.
• Monitor KRIs and KPIs using data visualization tools; escalate breaches.
• Maintain and update system access matrix data using analytical checks.
• Review and update system access matrix based on business needs and compliance.

Reporting & Dashboards

• Develop dashboards and visual reports for RIM closures and account exits.
• Automate data collection and reporting processes for efficiency.

Governance & Compliance

• Identify gaps through RCSA CT and propose corrective actions.
• Coordinate with Ops, GCD, Business, ITD, ORM, and FRM for closure of ARR findings.
• Ensure timely closure of audit observations and regulatory findings.
• Represent BBD in FCC Enterprise-wide Risk Assessment exercises annually.
• Support ODD processes by monitoring periodic reviews and ensuring compliance.
• Assist in FATCA and CRS-related risk control activities.
• Participate in risk governance forums and provide insights on emerging risks.
• Maintain strong documentation standards for all risk-related activities.

Stakeholder Engagement & Training

• Train business teams on AML, sanctions, and risk control requirements.

Qualifications & Experience

• 4–6 years of banking experience, of which 3 or more years in a support function.
• 6 years of experience in data analysis.

Skills & Competencies

• Strong analytical and problem-solving skills.
• Thorough knowledge of the department or business unit's functional area or products.
• Excellent time management, planning, organizing, and ability to accomplish tasks against deadlines and milestones.
• Team leadership and people development capacity.
• Understanding of commercial drivers within business.
• Working knowledge of general bank policies, programs, procedures, and financial and accounting practices.
• Good understanding of technological issues with sound analytical ability and PC skills.

Additional Information

• Role Code: RB-Risk and Control-BBD.
• Contract type: Outsource.