Job Description

Job Purpose:

The Risk Officer is responsible for identifying, analyzing, and managing risks associated with real estate investments, development projects, and property management. This role ensures that the organization's real estate portfolio complies with regulatory standards, minimizes financial exposure, and aligns with strategic objectives.

Key Responsibilities:

Strategy Formulation

Formulate ADG's strategy in collaboration with the ADG Board and ensure the translation of the overall strategic direction from the board into the business plan. Oversee the implementation of strategies that generate resources and returns to meet commitments to all stakeholders

Risk Identification & Assessment

Conduct comprehensive risk assessments related to property acquisitions, disposals, development, and management. Identify potential legal, financial, operational, and market risks impacting real estate portfolios. Conduct thorough due diligence on property portfolios, including legal, financial, and market risks.

Operational Activities

Develop and implement risk mitigation strategies tailored to ADG projects. Monitor and manage risks throughout the project lifecycle, ensuring proactive mitigation measures. Conduct thorough due diligence on property portfolios, including legal, financial, and market risks. Stay informed about changes in regulations, market trends, and industry best practices affecting real estate risks. Analyse and review existing business processes to identify the gap analysis of inefficiency, non-compliance, or risk. Develop contingency plans for potential crises such as natural disasters, accidents, or legal disputes. Lead or support incident investigations and follow-up actions. Perform ad-hoc and other duties related to the job as assigned by the Direct Manager

Insurance & Financial Risk Management

Recommend continuous process improvement strategies for business processes based on risk findings. Oversee insurance coverage for properties and development projects. Analyze financial risks related to investments, loans, and cash flows.

Stakeholder Collaboration

Collaborate with legal, finance, development, and property management teams to address risk concerns. Provide risk awareness training and guidance to relevant teams.

Risk Reports

Maintain accurate risk registers and prepare regular reports for senior management. Document risk assessments, mitigation plans, and incident reports.

Educational Qualifications

Required Bachelor's or master's degree in accounting, Finance, Business Administration , Legal or Risk Management Professional certifications in risk management, professional certificate in risk.

Work Experience

Minimum of 4 years of experience in the same or any related field with Real Estate, Property Management or similar service industry. Proficiency in English & Arabic Language Excellent analytical and problem-solving skills. Knowledge in Yardi system or any other.
Job Type: Full-time

Pay: Up to AED12,000.00 per month

Application Question(s):

* Do you have experience in Governance & Risk for Real Estate Industry?