Operational Risk Advisory Manager

Responsibilities:

Product Risk Management ("PRM"):

Support in product risk assessment, work closely with Risk Owner to conduct risk and control assessment on risk exposure across different Crypto products

Perform validation of controls identified via product risk assessment, and ensure remedial actions implemented in time

Perform risk assessment on new products/services

 

Outsourcing Risk Management ("ORM"):

Support the maintenance of the FSRA Outsourcing Register, ensuring all material outsourcing arrangements are accurately recorded, updated, and reported in line with regulatory expectations

Assist in conducting vendor due diligence and ongoing third-party risk assessments, including assessment of concentration risk, BCP/DR readiness, and SLA adequacy

Coordinate with the Outsourcing Workgroup to track remediation actions arising from vendor reviews and ensure timely closure

Maintain oversight of critical third-party dependencies (e.g., NCCL custody chain) and support periodic review of sub-custodian arrangements, concentration thresholds, and contingency arrangements

Regulatory Engagement & Remediation ("REM"):

Support the preparation and submission of regulatory reports to FSRA, including periodic risk-related disclosures, ad-hoc RFI responses, and remediation progress updates

Assist in maintaining the FSRA RFI response log, tracking turnaround times, response quality, and outstanding items to ensure timely and accurate regulator interactions

Coordinate remediation of regulatory findings and action items, including root cause analysis, corrective action planning, and evidence compilation for regulator follow-up

Support the preparation for FSRA on-site inspections, including agenda preparation, evidence gathering, walkthrough materials, and pre-inspection readiness checks

Assist in tracking and reporting on regulatory remediation progress to the Board Risk & Compliance Committee and ADGM Risk & Compliance Committee

Maintain the regulatory engagement calendar and ensure upcoming deadlines, reporting obligations, and inspection milestones are communicated to relevant stakeholders

Requirements:

• Minimum of 7 years of experience in the financial services industry.
• Strong background in compliance, risk management, project management, controls, or audit.
• Proven project management and execution capabilities, with the ability to manage multiple concurrent, time-sensitive initiatives and deliver results in a dynamic, fast-paced environment.
• Prior experience in management consulting or project management is highly desirable.
• Bilingual English/Mandarin is required to be able to coordinate with overseas partners and stakeholders.
• Experience in operational risk management, internal/external audit, compliance, or IT security is an advantage.
• Positive attitude with excellent interpersonal, communication, and stakeholder management skills.
• Ability to work effectively under pressure and consistently meet tight deadlines.
• Relevant professional certifications such as CPA, CISA, CISM, CISSP, CRISC, or ISO/IEC 27001 Lead Auditor are a plus.