Senior Risk Manager

The Emirates Investment Authority (EIA) is the sole custodian of the wealth of the federal government of the United Arab Emirates (UAE). As part of its mandate to protect and grow the wealth of the federal government, EIA manages a globally diversified portfolio. The Senior Risk Manager is a senior leadership role responsible for developing and overseeing the comprehensive risk management framework that supports EIA’s strategic goals and regulatory obligations. This role ensures that all investment risks are identified, assessed, and managed effectively across the organization.

Risk Management Framework

• Lead the development, implementation, and continuous improvement of EIA’s risk management framework, ensuring alignment with global best practices and regulatory standards.
• Oversee the creation and enhancement of risk reporting processes to ensure timely and accurate monitoring of investment risks across the portfolio.

 Strategic Risk Management

• Provide strategic risk insights to the board and senior management to inform decision-making and safeguard the organization’s assets.
• Ensure that risk management strategies are integrated with EIA’s overall business strategy, particularly in investment decision-making processes.

 Compliance and Governance

• Ensure compliance with regulatory requirements and act as the primary liaison with external auditors and regulatory bodies on all matters related to risk management.
• Develop and maintain policies and procedures that reflect best practices in risk management and governance.

 Collaboration and Stakeholder Management

• Work closely with the Investment Teams to align portfolio risk management practices with overall investment objectives.
• Engage with cross-functional teams including Operations, Finance, and IT to ensure that necessary data and infrastructure are properly integrated with risk management tools.

 Risk Reporting and Analysis

• Lead the development of risk reports that enhance the monitoring of investment risk exposures, including quantitative and qualitative assessments.
• Perform in-depth analysis of the portfolio’s asset allocation, underlying investments, and associated risks (e.g., market risk, credit risk, liquidity risk).
• Conduct investment and operational due diligence across various asset classes, including traditional and alternative investments.

 Technology and Tools

• Utilize advanced risk management tools and software, including Python, R, SQL, and financial modeling systems, to analyze risk and automate reporting processes.
• Stay current with technological advancements and integrate relevant tools into EIA’s risk management processes.

 Leadership and Development

• Lead and mentor the risk management team, fostering a culture of continuous improvement and professional development.
• Develop and implement training programs to enhance the risk management capabilities across the organization.