RISK OFFICER

Role Overview

Client Risk Officer at The Apex Group, located in Dubai and Abu Dhabi, UAE. The role operates under ADGM/FSRA and DIFC regulation.

Company Overview

The Apex Group was established in Bermuda in 2003 and is one of the world's largest fund administration and middle office solutions providers. The company operates globally across 112 offices worldwide with approximately 13,000 employees, delivering cross-jurisdictional services to clients.

Role Purpose

The Risk Officer is responsible for developing, implementing, and overseeing the risk management framework for Apex clients. The role acts as a key second line of defence, ensuring that operational, regulatory, technology, cyber, conduct, and third-party risks are properly identified, monitored, and managed.

Key Responsibilities

Risk Framework & Governance

• Develop and maintain the Enterprise Risk Management framework for Apex clients.
• Develop and maintain the Risk Appetite Statement for Apex clients.
• Develop and maintain Key Risk Indicators for Apex clients.
• Own and update risk policies, procedures, and risk governance documentation.

Risk Monitoring & Reporting

• Maintain the Risk Register for Apex clients across operational, regulatory, conduct, technology, and third-party risks.
• Provide risk reporting and insights to senior management, the Board, and relevant committees.
• Support regulatory discussions and ensure risk documentation is regulator ready.

Risk Assessment & Analysis

• Assess risks related to new products, digital assets, technology infrastructure, and cybersecurity for Apex clients.
• Oversee risk management including portfolio analysis.

Third-Party & Outsourcing Risk

• Oversee outsourcing and third-party risk management, including due diligence and ongoing monitoring.

Incident Management & Control

• Lead incident management, root cause analysis, and control improvement actions.

Stakeholder Collaboration

• Work closely with the client's Compliance and MLRO teams to align risk management with regulatory and financial crime obligations.

Qualifications & Experience

• Between 5 to 10 years of experience in risk management within financial services.
• Strong understanding of operational risk, conduct risk, regulatory risk, and governance.
• Experience working in a regulated environment; ADGM/FSRA and DIFC experience is preferred.
• Degree in Finance or professional certification such as FRM, PRM, or CFA is preferred.

Skills & Competencies

• Independent mindset with the ability to challenge decisions constructively.
• Strong integrity.
• Good communication skills and experience reporting to Board directors and senior management.
• Strong understanding of risk frameworks, controls, and regulatory expectations.

Additional Information

• Unsolicited CVs sent to Apex by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and engages exclusively with designated recruitment partners when agency assistance is required.