Associate Director - Technology Risk

About the Role

A prominent financial services institution in Dubai seeks an Associate Director to lead its Technology Risk function. This senior non-technical position emphasizes governance, risk, regulatory compliance, and stakeholder interaction pertaining to technology and innovation within financial services.

Primary Responsibilities

• Oversee and lead a team dedicated to managing technology and innovation-related risks.
• Provide expert advice regarding risk management and regulatory requirements for technology-related initiatives.
• Evaluate technology, cybersecurity, and emerging risks present in the financial services sector.
• Assist in shaping regulatory policies, compliance standards, and risk frameworks.
• Engage regularly with senior leadership, boards of directors, regulators, and industry participants.
• Stay updated on technological advances and developments in financial services to determine their risk implications.
• Contribute to strategic projects and organization-wide risk management efforts.
• Mentor team members and foster a robust culture of risk awareness and governance.

Essential Qualifications and Experience

• Over 10 years of experience in compliance, risk management, or regulatory roles within financial services or supervisory authorities.
• Minimum of two years in leadership positions involving team supervision or management.
• Proven ability to collaborate with regulators, standards bodies, executive teams, and boards at senior levels.
• Experience in developing and analyzing regulatory policies and standards.
• Solid understanding of technology risk, cyber risk, and emerging risks affecting financial institutions.
• Excellent communication, stakeholder engagement, and influencing skills tailored to senior-level interactions.
• Academic background in risk management, finance, business, technology, or similar relevant fields.

Additional Information

This position does not require hands-on technical IT expertise or cybersecurity practice. Its core focus lies in oversight, risk governance, and regulatory policy management.

Desired Competencies

• Technology Risk Management
• Regulatory Compliance and Policy Development
• Financial Services Regulatory Affairs
• Operational and Cyber Risk Oversight
• Governance and Stakeholder Relationship Management
• Leadership and Team Development
• Risk Framework Design and Implementation