Our business unit, operating across virtual asset exchanges, custody services, wallets, and blockchain infrastructure, is seeking an experienced Risk Manager. Responsible for developing, implementing, and maintaining the Company's enterprise-wide risk management (ERM) framework by ensuring compliance with ADGM FSRA regulatory requirements while effectively managing operational, market, technology, third-party, and financial crime risks arising from exchange, custody, brokerage, treasury, settlement, and technology operations.
- Develop and maintain the Enterprise Risk Management (ERM) Framework, Risk Appetite Statement, risk policies, and governance framework in line with Board-approved requirements.
- Provide independent risk reporting and strategic risk insights to Senior Management, the Board, and BARC, ensuring alignment with ADGM FSRA requirements.
- Identify, assess, and monitor operational, market, liquidity, treasury, counterparty, and virtual asset risks across exchange, custody, wallet, settlement, and blockchain activities.
- Oversee technology, ICT, cyber, and information security risk assessments, including compliance with the applicable ADGM FSRA Cyber Risk Management Framework.
- Conduct risk assessments for new products, virtual asset listings, staking activities, strategic initiatives, and material business changes.
- Lead operational and fraud incident management, including investigation, root-cause analysis, remediation, escalation, and regulatory reporting.
- Work closely with Compliance and MLRO functions on AML/CTF, sanctions, financial crime, and related risk matters.
- Oversee third-party and vendor risk management, including custodians, liquidity providers, banking partners, and critical ICT service providers.
- Maintain enterprise risk registers, fraud/incident registers, KRIs, and risk dashboards and monitor compliance with approved risk appetite thresholds.
- Support FSRA inspections, internal and external audits, regulatory reviews, and statutory reporting.
Qualifications & Experience
- Bachelor’s degree in Risk Management, Finance, Business, Accounting, or a related discipline.
- 7–10 years of risk management experience, preferably within banking, fintech, virtual assets, or capital markets, with significant experience in crypto/fintech operations.
- Strong knowledge of ADGM FSRA requirements, including GEN, COBS, AML/CTF, Sanctions, Prudential Requirements, and Cyber Risk Management.
- Strong understanding of virtual asset exchanges, custody, wallets, blockchain infrastructure, settlement, and related operational risks.
- Proven expertise in ERM, operational risk, risk appetite, KRI frameworks, cyber risk, fraud risk, and third-party risk management.
- Strong Board-level reporting, analytical, regulatory, stakeholder management, and decision-making skills.
