Senior Analyst – Third Party Risk Management

RAKBANK is seeking a Senior Analyst - Third Party Risk Management for its banking operations in the United Arab Emirates. This position suits a professional who combines role-specific knowledge with dependable execution, sound judgement, attention to detail and a commitment to customer service and control standards.

Job Overview

This position helps maintain effective risk management by identifying exposures, reviewing controls, assessing incidents and turning risk information into practical actions. It supports a consistent control environment and helps business teams manage risk in line with policy and regulatory expectations.

Key Responsibilities

• Assess operational, third-party or enterprise risks and document the likelihood, impact and relevant controls.
• Coordinate risk and control self-assessments, control testing, issue tracking or due diligence as appropriate to the function.
• Monitor risk indicators, analyse changes and escalate emerging concerns to the appropriate stakeholders.
• Investigate incidents, support root-cause analysis and track corrective actions through closure.
• Prepare concise risk reports, committee materials and management information with clear recommendations.
• Work with business, technology, compliance, audit, procurement and other risk teams to strengthen governance.

Requirements and Qualifications

• A relevant background in risk management, finance, economics, mathematics, statistics, business or a related area is suitable.
• Knowledge of risk assessment, control design, governance, regulatory obligations and documentation is useful.
• Strong analytical ability, attention to detail and confidence working with evidence and structured reporting are important.
• For the Senior Risk Analyst and Operational Risk Analyst roles identified for UAE Nationals, the designation is an eligibility condition; the Senior Risk Analyst listing welcomes a fresh graduate or qualified Ethraa candidate.

Skills

The role requires judgement, independence, careful record keeping, professional communication, constructive challenge and the ability to present risk findings in a clear and balanced way.

Employment Details

Location: United Arab Emirates. The position sits within a regulated banking environment and requires respect for customer confidentiality, internal controls and relevant procedures. The role operates in a regulated banking environment where accuracy, confidentiality, accountability and customer protection matter. The successful candidate should maintain reliable records, follow approved procedures, raise concerns promptly and work constructively with colleagues and stakeholders. Applicants should be ready to discuss relevant experience and explain how their skills match the responsibilities of the position.