Head of Operational Risk & Fraud Management

Soar Software Development Company; Riyadh; On-site; SAR 300,000 - 400,000; Full time

Job summary

A fintech startup in Saudi Arabia is seeking a Head of Operational Risk Management responsible for developing and implementing a comprehensive operational risk management framework. The successful candidate will ensure compliance with Saudi Central Bank requirements, oversee risk assessments, and lead fraud risk management initiatives. Prior experience in financial services and strong communication skills in English and Arabic are essential. This role offers a critical opportunity for leadership within a growing organization.

Qualifications

• 8-10 years of experience in Operational Risk Management within financial services.
• 4 years in a leadership or managerial capacity.
• Experience in fintech or digitally-focused environment is highly advantageous.

Responsibilities

• Develop and implement a robust operational risk management framework.
• Lead the RCSA methodology implementation across all departments.
• Ensure compliance with SAMA's requirements regarding operational risk.

Skills

Operational Risk Management

Risk Assessment

Fraud Risk Management

Communication Skills

Leadership

Education

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

Job description

A fintech startup in Saudi Arabia is seeking a Head of Operational Risk Management responsible for developing and implementing a comprehensive operational risk management framework. The successful candidate will ensure compliance with Saudi Central Bank requirements, oversee risk assessments, and lead fraud risk management initiatives. Prior experience in financial services and strong communication skills in English and Arabic are essential. This role offers a critical opportunity for leadership within a growing organization.