Whizmo is your all-in-one mobile money solution symbolizing the essence of financial democracy in the United Arab Emirates. It is a service offering from Whizpay Technology LLC, licensed by The Central Bank of the UAE. What truly makes us an ‘all-in-one’ solution is that we combine every aspect of your daily finances into a single, easy-to-use app with a suite of comprehensive services, ensuring seamless transactions.

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To identify, assess, monitor, and report on risks that could affect the company's operations, regulatory compliance, and financial sustainability. The Risk Officer plays a vital role in establishing the risk management framework and supporting a strong risk-aware culture during the company’s growth phase.

Key Responsibilities:

1. Risk Identification & Assessment

Identify emerging operational, strategic, regulatory, and financial risks.
Maintain a risk register and perform regular risk assessments across departments.
Support the development of Key Risk Indicators (KRIs).

2. Policy Implementation & Control Monitoring

Assist in drafting, implementing, and maintaining risk-related policies and procedures (e.g., enterprise risk management, operational risk, business continuity).
Monitor compliance with internal controls and risk mitigation actions.

3. Risk Reporting

Support regulatory reporting (e.g., Central Bank risk returns or inquiries).

4. Incident Management & Business Continuity

Record and track risk events, near-misses, and incidents.
Participate in the development and testing of business continuity and disaster recovery plans.

5. Collaboration & Advisory

Coordinate with Compliance, Information Security, Product, and Operations teams to address risk-related issues.
Support risk assessments of new products, vendors, or technologies.

Core Competencies

Analytical & Risk Assessment Skills

Explanation: Ability to analyze data, identify patterns, and assess potential risks that could impact operations or finances.

Knowledge of Operational and Financial Risks in Fintech/Digital Payments

Explanation: Understanding the types of risks specific to financial technology and digital payment environments, including fraud, system failure, or compliance issues.

Basic Understanding of UAE Regulatory Environment

Explanation: Familiarity with local laws and regulations, especially those issued by the Central Bank of the UAE that govern financial operations and compliance.

Strong Communication and Reporting Skills

Explanation: Ability to clearly convey risk findings, write structured reports, and interact effectively with stakeholders across departments.

Detail-Oriented with a Proactive Mindset

Explanation: Precision in work with a forward-thinking approach to identify issues before they arise.Familiarity with Enterprise Risk Frameworks (e.g., COSO, ISO 31000)

Key Skills & Competencies:

Strong analytical and risk assessment skills
Knowledge of operational and financial risks in fintech/digital payments
Basic understanding of UAE regulatory environment (e.g., Central Bank regulations)
Familiarity with enterprise risk frameworks (e.g., COSO, ISO 31000) is a plus

Qualifications & Experience:

Bachelor's degree in Finance, Risk Management, Business, or a related field
1–3 years of experience in a risk, audit, or compliance role (preferably in financial services or fintech)
Certification (or progress toward) in risk (e.g., CRMA, FRM, ISO 31000) is an advantage

Ready to Join the Whizmo Team?

At Whizmo, we’re passionate about innovation, collaboration, and making a meaningful impact. If you’re excited about this opportunity and eager to contribute to a dynamic and supportive environment, we’d love to hear from you. Let’s create something extraordinary together—apply today and take the first step toward an exciting career with Whizmo!

Whizmo jobs

Risk Officer