Description

Job Overview

A prominent bank in Abu Dhabi is seeking a qualified Risk Assessment Consultant to join their team. This role focuses on managing vendor risk assessment processes, supporting vendor onboarding due diligence, and ensuring compliance with internal risk management standards.

Key Responsibilities

As a Risk Assessment Consultant, you will collaborate closely with key stakeholders, including process owners and various internal departments, to oversee vendor onboarding and risk evaluation activities. Your duties will include maintaining and updating the Archer vendor assessment tool to facilitate Vendor Risk Management (VRM), issuing risk assessment templates to vendors and business units, and providing guidance on the risk assessment criteria and documentation requirements.

You will also review vendors’ submissions such as contracts, policies, and control evidence to identify risk gaps, recommend controls in line with VRM policy, and monitor the effectiveness of these controls. Additionally, you will be responsible for reporting on all VRM phases, classifying and categorizing the existing vendor base by risk rating, managing the vendor risk register, and tracking remediation actions.

Required Skills and Qualifications

• Demonstrated experience in risk assessment and vendor risk management within the banking or financial sector.
• Ability to engage with various stakeholders to understand and enforce risk-related processes.
• Familiarity with vendor onboarding procedures and due diligence requirements.
• Proficiency in using risk assessment tools such as Archer or similar platforms.
• Strong analytical skills to assess contracts, policies, and control deficiencies effectively.
• Excellent communication skills to clarify processes and support both internal and external parties involved in risk management.
• Ability to monitor risk control implementation and report accurately on VRM activities.

Work Environment

This position is based in Abu Dhabi at a leading banking institution, offering exposure to dynamic vendor risk management functions and opportunities to contribute to the bank’s overall risk governance framework.

How to Apply

Interested candidates are encouraged to send their updated resumes directly to fatema@dicetekuae.com for consideration.