Analyst III, Risk Job

Tasnee; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A prominent petrochemical company in Riyadh is seeking a Senior Analyst I for the Governance, Risk, and Compliance (GRC) team. The ideal candidate will identify and mitigate risks, develop GRC frameworks, and ensure compliance with regulations. Responsibilities include risk assessments, documentation, and collaboration with various stakeholders. Applicants should have a Bachelor's degree in a relevant field, at least 5 years of experience, and strong analytical skills. This is an excellent opportunity to contribute to the organization's continuous improvement in risk management.

Qualifications

• 5+ years of experience in risk management, governance, or compliance in a relevant industry.
• Strong analytical, problem-solving, and communication skills.
• Experience with governance, risk management frameworks, and compliance programs.

Responsibilities

• Identify, assess, and prioritize operational, financial, and strategic risks.
• Develop and maintain comprehensive risk registers.
• Conduct risk assessments and implement risk mitigation plans.

Skills

Analytical skills

Problem-solving

Communication skills

Attention to detail

Collaboration

Education

Bachelor's degree in Business Administration, Finance, or Risk Management

Tools

Microsoft Office Suite

GRC/IRM software

Job description

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Work Location: KSA > Riyadh

An exciting opportunity is available for Pr Analyst I, Risk, Governance & Comp , located in Riyadh.

Report to: Manager, Risk Management

Job Purpose

We are seeking a highly motivated Senior Analyst to join our growing Governance, Risk Management & Compliance (GRC) team. In this role, you will play a vital role in identifying, assessing, and mitigating risks across the organization. You will also be responsible for supporting the development and implementation of strong GRC frameworks.

Role Responsibilities

• Partner with business units to identify, assess, and prioritize operational, financial, and strategic risks.
• Develop and maintain comprehensive risk registers, documenting risk descriptions, likelihood, impact, and mitigation strategies.
• Conduct risk assessments using various methodologies.
• Develop and implement risk mitigation plans, including controls, monitoring procedures, and reporting mechanisms.
• Stay up-to-date on industry best practices and regulatory requirements related to risk management, governance, and compliance.
• Assist in the development and implementation of effective governance and compliance frameworks, policies, and procedures.
• Monitor compliance with internal policies, external regulations, and industry standards.
• Conduct gap analyses to identify areas for improvement in the organization's risk management, governance and compliance programs (including business continuity management / business continuity plan and compliance reviews).
• Participate in the ongoing development, testing, and revision of the BCP, ensuring alignment with industry best practices and regulatory requirements.
• Support BCP testing and exercises, evaluating the effectiveness of recovery plans and identifying areas for improvement.
• Prepare reports and presentations on risk management activities, governance and compliance status for senior management.
• Facilitate and participate in training and awareness programs for employees across the organization.
• Contribute to the continuous improvement of the Governance, Risk Management & Compliance programs.

Qualifications and Requirements

• Bachelor's degree in Business Administration, Finance, Risk Management, or a related field (GRCP, CRMA, CPA or other relevant professional certification a plus).
• Minimum 5 years of experience in risk management, governance, or compliance within a petrochemical, manufacturing, or similar industry.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with various stakeholders across the organization.
• Strong attention to detail and ability to work independently and as part of a team.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
• Experience with GRC/IRM software and frameworks is a plus.