Senior Manager / Director Financial Services Risk Management (FSRM)
Languages:Arabic & English (Mandatory)
Experience:1215 years
Industry Focus:Banking Insurance and Financial Institutions
Job Summary
As a Senior Manager / Director in EYs Financial Services Risk Management (FSRM) team you will help leading financial institutions navigate regulatory complexity strengthen capital resilience and modernize their risk management frameworks.
The role demands deep expertise acrosscredit market liquidity and operational risk together withBasel III/IV ICAAP and IFRS 9implementation and the ability to lead large transformation programs that combine quantitative precision with strategic impact.
You will also have the opportunity to shape EYs next-generation risk offerings through the use ofAI automation and digital risk tools while mentoring diverse teams and engaging directly with senior regulators and client executives.
Key Responsibilities
Client Delivery and Technical Leadership
- Lead complex risk transformation engagements coveringcredit market liquidity and operational risk regulatory capital and stress testing.
- Design calibrate and validaterisk models(PD LGD EAD) under Basel and IFRS 9.
- Develop and reviewICAAPframeworks capital planning and stress testing programs for regulatory submission.
- Support clients in strengtheningliquidity riskframeworks (LCR NSFR IRRBB) and aligning ALM practices with supervisory expectations.
- Advise on operational risk frameworks RCSA design loss data analytics and capital quantification under Basel III/IV.
- Oversee engagement governance ensuring delivery excellence client satisfaction and measurable impact.
Market and Business Development
- Build and manage senior client relationships including C-suite and Board-level stakeholders.
- Contribute to business development through proposal leadership solution design and sector insights.
- Identify emerging client needs (ESG climate risk AI governance) and translate them into new service offerings.
People and Practice Development
- Coach and mentor junior team members fostering a culture of analytical rigor and innovation.
- Develop EYs intellectual capital through publications client insights and participation in industry forums.
- Promote cross-border collaboration with other EY member firms in Europe APAC and the GCC.
Desirable / Differentiating Areas
- Lead or contribute tofraud riskanalytics using machine learning and anomaly detection.
- Designthird-party risk managementframeworks for outsourcing and fintech ecosystems.
- ApplyAI/ML and automationin model governance early-warning indicators and risk reporting.
- Integratedigital cyber and resilienceconsiderations into enterprise risk frameworks.
Skills and Attributes for Success
- Strong quantitative background and regulatory fluency acrosscredit market liquidity and operational riskdomains.
- Deep understanding ofBasel III/IVIFRS 9 andICAAP/ILAAPrequirements.
- Proficiency inPython R SAS or SQLfor quantitative and stress-testing model development.
- Excellent leadership communication and stakeholder management skills capable of engaging both technical and executive audiences.
- Strategic thinker with an ability to translate complex regulations into actionable business solutions.
To Qualify for the Role You Must Have
- 1215 years of experience in financial-services risk management either in consulting or at a Tier-1 bank.
- Demonstrated success leading risk and capital-management transformation programs.
- Experience working directly with regulators (e.g. SAMA CBUAE QCB EBA APRA PRA).
- Fluency in Arabic and English (spoken and written).
Ideally Youll Also Have
- Exposure to fraud third-party or digital-risk domains.
- International project experience across Europe Australia or APAC.
- Professional certifications such asFRMCFA orPRM.
- Experience leveragingAI/MLfor predictive modelling anomaly detection or model monitoring.
What We Look For
An accomplished risk professional with quantitative depth regulatory awareness and leadership presence someone who can bridge financial modelling with strategic advisory and who thrives on helping clients build resilient and forward-looking risk functions.
What We Offer
- A platform to lead risk transformation across the regions most significant financial institutions.
- Access to EYs global network of quantitative and regulatory experts.
- Opportunities to innovate with emerging technologies in risk and finance.
- A diverse and inclusive culture that values intellectual curiosity and teamwork.
Join EY and help redefine how banks and financial institutions in the GCC manage risk combining insight regulation and innovation to build a safer financial system.