Manager - Outsourcing and Third-Party Risk Management (UAE National)
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Key skills for this role
About the Role
Emirates NBD seeks a UAE National Manager for Outsourcing and Third-Party Risk Management. The role involves independent review and challenge of outsourcing arrangements, regulatory compliance, risk monitoring, and stakeholder liaison across the bank.
Key Skills for This Role
Responsibilities
- Perform independent review and challenge of outsourcing and third party arrangements
- Assess compliance with regulatory requirements and internal policies
- Support regulatory submissions and notifications
- Monitor the bank's outsourcing and third party risk profile
- Maintain oversight of risk registers, metrics, KRIs, and management information
- Provide advice and guidance to business and support functions
- Liaise with stakeholders across Legal, Compliance, Procurement, Information Security, Data Privacy, Operational Risk, Internal Audit, and business units
- Support continuous enhancement of the Outsourcing and Third Party Risk Management Framework
Requirements
- UAE National
- Experience in outsourcing and third party risk management, operational risk, or related field
- Knowledge of regulatory requirements for outsourcing in banking
- Strong analytical and risk assessment skills
- Excellent stakeholder management and communication skills
Full Job Posting
Job Purpose
- The job holder is responsible for independent review and challenge of outsourcing and third party arrangements.
- Assess compliance with regulatory requirements and internal policies.
- Support regulatory submissions and monitor the bank's outsourcing and third party risk profile.
Key Responsibilities
- Perform independent review and challenge of outsourcing and third party arrangements, including materiality assessments, risk assessments, exit plans, and regulatory submissions.
- Assess compliance with applicable regulatory requirements, internal policies, and Group standards.
- Support regulatory submissions and notifications, including engagement with regulators when required.
- Support reporting for governance committees and senior management.
- Monitor the Bank's outsourcing and third party risk profile, including concentration risk, emerging risks, and regulatory developments.
- Maintain oversight of outsourcing and third party risk registers, metrics, KRIs, and management information.
- Provide advice and guidance to business and support functions on outsourcing and third party risk requirements.
- Liaise with stakeholders across Legal, Compliance, Procurement, Information Security, Data Privacy, Operational Risk, Internal Audit, and business units.
- Support the continuous enhancement of the Outsourcing and Third Party Risk Management Framework, policies, standards, and procedures.
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