ERM Specialist

King Fahd University of Petroleum & Minerals - KFUPM; Dhahran Compound; On-site; SAR 180,000 - 240,000; Full time

Job summary

King Fahd University of Petroleum & Minerals (KFUPM) seeks an Enterprise Risk Management (ERM) Risk Specialist to support the ERM framework on the KFUPM campus in Dhahran. The role reports to the Deputy Chief Audit Executive and enables executives and the Audit & Risk Committee to access up-to-date risk information.

Responsibilities include partnering across 1st and 2nd lines of defense, developing dashboards and KPIs, and driving continuous ERM improvements.

Qualifications

• Bachelor's degree in risk management or related field.
• At least 5 years of risk management experience.
• Knowledge of risk and control identification and assessment.
• Knowledge of risk monitoring and reporting.
• Experience using GRC tools or other risk software.
• Ability to challenge at all management levels and influence decisions.
• Strong analytical and communication skills.

Responsibilities

• Support the ERM program execution and enterprise risk management framework.
• Assist 1st and 2nd line of defense to mature ERM programs.
• Enhance monitoring and reporting with dashboards and KPIs.
• Identify trends through risk deficiencies and events.
• Leverage industry best practices for continuous improvement.
• Collaborate with senior leaders across the organization.

Skills

Risk management

Analytical skills

Communication skills

Challenge at all levels

Education

Bachelor's degree in Risk Management / Business / Finance

Tools

GRC tools

Job description

The Enterprise Risk Management (ERM) Risk Specialist is responsible for supporting the implementation and execution of the Enterprise Risk Management (ERM) framework. The ERM Specialist will play a key role in ensuring senior executives and members of the Audit & Risk Committee are able to make decisions that are informed by up-to-date risk information. This role will work in the KFUPM campus in Dhahran and report directly to the Deputy Chief Audit Executive.

Position Accountability

• Responsible for supporting the ERM Program in the execution of the enterprise risk management framework and strategy throughout the organisation
• Support 1st Line of Defense and 2nd Line of Defense activities to mature enterprise risk management programs
• Enhance monitoring and reporting for ERM programs by gathering reporting data and assisting in the development of dashboards, key program performance indicators, and other metrics and reporting
• Identify trends by analysing risk deficiencies, risk events, tests and exercises, including supporting root cause and lessons learned analysis
• Leverage current industry best practices to understand emerging risks, and work to identify and implement continuous program improvement opportunities
• Work closely with and develop relationships across the organisation, including those at the highest seniority levels
• Ask probing questions and provide an effective challenge to organisational decision-makers

Position Qualifications: Education & Experience

• Minimum Bachelor's degree. A concentration in Risk Management, Business, Finance, or a related field
• Minimum of 5 years of risk management-related experien**ce**, with demonstrated proficiency and understanding of enterprise risk management principles
• Knowledge of risk and control identification and assessment
• Knowledge of risk monitoring and reporting practices
• Experience in the use of GRC to**ols or other risk tools
• Demonstrated experience in conflict resolution management and ability to effectively challenge at all levels of management and influence business outcomes
• Proven record of strong analytical skills
• Strong communication skills, both verbal and written