Enterprise Risk Senior Manager

Aventus Global Talent; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading financial institution in Riyadh is seeking a Senior Manager – Enterprise Risk Management. In this role, you will lead the design and implementation of the enterprise risk framework, ensuring compliance with SAMA regulations and best practices. You will also manage a team and develop methodologies for capital adequacy and risk appetite. Candidates should have 5-8 years of experience in risk management within financial services, along with a relevant degree and possibly additional certifications.

Qualifications

• 5–8 years of experience in enterprise or risk management within banking or financial services.
• Strong understanding of regulatory frameworks, including SAMA ERM, ICAAP, ILAAP, and Basel requirements.
• Proven track record in capital adequacy assessment, stress testing, and risk appetite setting.

Responsibilities

• Lead the design and implementation of the Enterprise Risk Management framework.
• Develop and maintain risk methodologies related to capital adequacy and ICAAP.
• Oversee risk identification, assessment, monitoring, and reporting processes.
• Ensure compliance with SAMA regulations and internal risk governance standards.

Skills

Enterprise risk management

Regulatory compliance

Analytical skills

Stakeholder management

Leadership

Education

Bachelor’s degree in Finance, Risk Management, Economics or related field

Professional certification (FRM, CFA, PRM, etc.)

Job description

Title: Senior Manager – Enterprise Risk Management

Location: Riyadh, Saudi Arabia

About the Client:

Our client, a leading financial institution in Saudi Arabia, is seeking a Senior Manager, ERM to join their Enterprise Risk Management team. The role will focus on strengthening the bank’s enterprise-wide risk framework, ensuring alignment with regulatory expectations and international best practices.

Key Responsibilities

• Lead the design, implementation, and continuous enhancement of the Enterprise Risk Management framework across the bank.
• Develop and maintain risk methodologies related to capital adequacy, ICAAP, ILAAP, stress testing, and risk appetite.
• Oversee risk identification, assessment, monitoring, and reporting processes to ensure effective enterprise-wide risk oversight.
• Support the enhancement of policies, procedures, and governance structures related to enterprise risk.
• Lead risk assessment and scenario analysis projects to inform strategic decision‑making and capital planning.
• Ensure compliance with SAMA regulations and internal risk governance standards.
• Coordinate the preparation of Board and senior management reports, providing insights on emerging risks and control effectiveness.
• Manage and mentor a small team of risk professionals, promoting a proactive risk culture across business units.

Key Requirements

• 5–8 years of experience in enterprise or risk management within banking or financial services.
• Strong understanding of regulatory frameworks, including SAMA ERM, ICAAP, ILAAP, and Basel requirements.
• Proven track record in capital adequacy assessment, stress testing, and risk appetite setting.
• Excellent analytical and quantitative skills with the ability to translate complex risk data into actionable insights.
• Strong leadership, communication, and stakeholder management skills.
• Bachelor’s degree in Finance, Risk Management, Economics, or a related field; a professional certification (FRM, CFA, PRM, etc.) is an advantage.