Head of Risk E-Money MENA (SVF)

Capital Com SV Investments Limited

Responsibilities:

• Strategic Risk Leadership: Define and drive the SVF risk strategy for MENA, aligned with the Group risk framework and the SVF business plan.
• Risk Governance: Own the Enterprise Risk Management Framework, risk appetite statements, KRIs, policies, and committee governance. Ensure direct escalation access to the Board or its committees.
• Regulatory Alignment: Lead risk engagement with the CBUAE and other relevant UAE regulators where applicable. Support regulatory submissions, inspections, findings remediation, and ongoing supervisory expectations.
• Safeguarding and Liquidity Oversight: Provide independent oversight of safeguarding arrangements, client funds flows, reconciliations oversight, settlement exposures, and liquidity risk management. Ensure stress testing reflects peak redemption and operational disruption scenarios.
• Product and Change Risk: Provide independent challenge for new products, material changes, and partnerships. Ensure risk sign-off is a gating step before launch and that residual risk is within appetite.
• Operational and Technology Risk: Oversee operational risk, including payments operations, fraud risk oversight, incident management, systems availability, cybersecurity risk oversight, and operational resilience.
• Outsourcing and Third Party Risk: Set the third party risk framework and oversee risks from banks, processors, fintech partners, cloud providers, and outsourced operations. Ensure robust due diligence, ongoing monitoring, and exit planning.
• Monitoring and Reporting: Maintain the risk register and control assurance approach. Deliver clear, decision-ready reporting to senior management and the Board, including breaches, incidents, emerging risks, and remediation status.
• Cross Functional Coordination: Work closely with Compliance, MLRO, Finance, Treasury, Product, Operations, and Technology to ensure clear ownership and no gaps. Risk owns oversight and challenge. First line owns execution.