Risk Manager - UAE National

Job Requisition ID: 165805

Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group’s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.

By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day.

Overview of the role

As a Risk Manager, you will be engaged in data analysis pertaining to the Credit Risk Function for both Leasing and Inhouse Finance. You will be responsible for portfolio analytics for various entities within the Al-Futtaim Automotive division. Your role will involve extracting, analyzing, and presenting data to the Line Manager and Senior Management. Additionally, you will oversee the retail credit evaluation process and potentially underwrite retail lease or lending cases.

What you will do

• Perform detailed analytics, including analysis of underwritten portfolios and collections data.
• Create risk reporting dashboards for various segments and countries.
• Proactively monitor key credit risk metrics relating to product, channel, exceptions, and vintage performance.
• Support the development of a Credit Risk Framework, including risk guidelines, policy renewal programs, portfolio credit management, and risk processes.
• Document performance versus risk profiles and thresholds.
• Design and implement automation strategies for analytics output, including presenting data in Tableau/PowerBI dashboards.
• Develop BRD/CR documents in collaboration with EIT/Business Solutions and Data Engineering teams.
• Support potential changes to credit policies through analytics.
• Underwrite lease and credit cases for both corporate and retail clients.
• Provide suggestions for continuous improvement.

Required skills to be successful

• University Degree
• 5+ years experience in any analysis related role
• Strong Communication skills
• Good knowledge of Excel
• Excellent analytical skills.
• Expertise in risk technology and credit lending systems.
• Minimum of 2 years of experience in credit underwriting, with a preference for experience in both retail and corporate credit underwriting.
• Strong communication and relationship management skills, with the ability to influence and interact with senior management.
• Strong work ethic, decision-making ability, and capability to work under tight deadlines.
• Ability to analyze company financials and market conditions.
• UAE National is required.
• Undergraduate degree required; advanced degree preferred.

About the team

You will be part of the Al-Futtaim Finance – Risk team, working closely with the Head of Credit and Analytics. The team is dedicated to managing risk and ensuring the accuracy and effectiveness of credit evaluations and portfolio analytics. Collaboration with various departments and senior management is key to achieving the team's objectives.

What equips you for the role

• Strong understanding of auto leasing and financing in the GCC.
• Ability to understand technical and regulatory matters affecting the business.
• Proficiency in creating and managing risk dashboards and reporting frameworks.
• Ability to manage annual policy reviews and portfolio thresholds.
• Experience in developing and enhancing technology infrastructure for risk reporting.

About Al-Futtaim Automotive
A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa.
Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world’s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM.
We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences.
We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment.
What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.