Senior Manager – Property Commercial Risk

About Us

DMCC is a government entity established in 2002 to enhance commodity trade flows through Dubai. We perform a range of roles which continue to position Dubai as the preferred destination for global commodities trade and DMCC as the world’s No.1 Free Zone.

Company Profile:

DMCC is a center of global trade. Headquartered in Dubai, DMCC is the world’s most interconnected Free Zone, home to over 25,000 member companies and the leading trade and enterprise hub for commodities. Whether developing vibrant neighborhoods with world-class property like Jumeirah Lakes Towers and the much-anticipated Uptown Dubai or delivering high-performance business services, DMCC provides everything its dynamic community needs to live, work, and thrive. Made for Trade, DMCC is proud to sustain and grow Dubai’s position as the place to be for global trade today and long into the future.

Role Summary:

The Senior Manager – Property Commercial Risk is responsible to identify, assess, and mitigate risks across property capabilities and to coordinate internal and external audits, ensuring adherence to property-related regulations, lease agreements, and organizational policies for sustained business performance. This role reports to the Director – Property Commercial.

Key Responsibilities:

• Ensure effective cascading of the divisional strategy into department business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.
• Manage the effective achievement of assigned objectives through the leadership of the department by setting individual objectives, managing performance, developing, and motivating staff to maximize performance.
• Lead the talent development initiatives for the assigned department, collaborating with experts and thereby ensuring the availability of talent to fit business requirements.
• Manage the preparation and recommend the department budget and monitor financial performance versus the budget while ensuring all activities are conducted in line with the approved guidelines.
• Design, manage and ensure effective implementation of department policies, procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
• Ensure awareness of and alignment to the organization compliance manual and the code of ethics.
• Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
• Ensure that all department reports are prepared timely and accurately and meet DMCC’s and departmental requirements, policies, and quality standards.
• Identify and analyze risks specific to property development, leasing, and asset management by reviewing market trends, tenant data, and construction schedules, to proactively highlight vulnerabilities and inform mitigation strategies.
• Evaluate risk exposure by employing quantitative models and qualitative assessments through regular reviews, to prioritize and address risks that could impact the property portfolio’s performance.
• Create and implement risk mitigation strategies by collaborating with property teams and external experts through structured planning sessions, to minimize financial and operational impacts from identified risks.
• Continuously track emerging risks by monitoring market developments and regulatory changes using industry reports and analytics, to ensure timely adjustments to risk management plans.
• Plan and schedule internal audits by collaborating with property and compliance teams, to verify adherence to property-related regulations, lease agreements, and organizational policies.
• Liaise with external auditors by preparing required documentation and organizing review meetings, to facilitate thorough audits and prompt resolution of any findings.
• Monitor compliance with relevant property regulations and contractual lease terms by reviewing legal updates and audit results, to mitigate legal and operational risks.
• Oversee the follow-up on audit findings by coordinating the implementation of corrective measures and conducting subsequent reviews, to continually enhance compliance and risk management practices.
• Consolidate data from risk assessments and audit outcomes by compiling detailed reports and dashboards, to provide transparent insights for senior management decision-making.
• Systematically update and archive audit records and compliance documentation by following standardized procedures, to ensure accountability and ease of future reference.
• Facilitate regular risk review meetings and compliance briefings by coordinating property development, leasing, and asset management teams, to align risk management initiatives with operational objectives.
• Deliver regular presentations and written updates on risk management and audit outcomes by using established communication channels, to keep senior leadership and relevant stakeholders informed and engaged.

Qualifications:

• Bachelor’s degree in finance, Accounting, Management or a related field from an accredited university.
• Master’s degree in finance, Accounting, Management or a related field from an accredited university would be highly preferred .
• 8-10 years’ experience assessing commercial risk, within the construction/property industry .
• Familiarity with Local Authority regulations and personnel is a distinct advantage.

The successful candidate will enjoy the following:

• Working at the world’s best Free Zone with highly motivated colleagues
• A very diverse workforce from all around the globe
• Well-being initiatives all over the year
• Market competitive basic salary
• Housing allowance
• Transportation allowance
• National Allowance
• Annual flight allowance
• Other alternative family benefits
• Pension Scheme
• Discretionary bonus schemes
• Generous annual leave
• Medical and life insurance cover
• Free covered parking
• Retail discounts with over 450 outlets across JLT.