Risk Officer

About the role

The Risk Officer identifies, analyzes and mitigates operational, financial and governance risks so that processes stay robust, secure and efficient and risk exposure stays within the approved risk appetite. The role works closely with departments to assess and monitor risks, develop controls and support compliance with internal and external regulations, including Banque du Liban requirements.

Key responsibilities

• Identify, evaluate and monitor operational, financial and governance risks, including fraud and third-party risks, and track key risk indicators
• Carry out risk assessments for key processes, new initiatives and changes, including risk control self-assessments
• Develop and monitor risk controls with process owners and help build the enterprise risk management framework, including risk appetite and policies
• Maintain risk registers and support incident reporting, root cause analysis and follow-up on corrective actions
• Assist with internal and external audits and regulatory compliance assessments
• Help embed risk management in business processes and keep risk policies aligned with regulatory changes

Required profile

• University degree in Business, Risk Management, Finance, Accounting, Economics or a related field
• 2-3 years in risk management, compliance, audit or a related role, preferably in banking, payments or financial services
• Professional certification such as FRM, PRM or CIA, or progress toward one, is a plus
• Advanced English, written and spoken; moderate Arabic; French is a plus
• Familiarity with Banque du Liban regulations and AML/CFT requirements

Required skills

• Risk assessment methods, operational controls and ERM frameworks (e.g. COSO ERM, ISO 31000)
• Advanced Excel and risk management software; Power BI and SQL are a plus
• Analytical skills, report writing and stakeholder presentation