Manager, Financial Risk Management

Ceer; Riyadh; On-site; SAR 223,200 - 334,800; Full time

Job summary

Ceer is seeking a Manager of Financial Risk Management in Riyadh to evaluate and mitigate financial risks. The role requires a bachelor's degree in finance or accounting, a minimum of 6 years of experience, and at least 2 years in a leadership position.

The successful candidate will develop strategies to align risk management activities with CEER's financial objectives while ensuring compliance with industry standards and regulations.

Qualifications

• Minimum 6 years of experience in financial risk management.
• At least 2 years in a leadership role.
• Strong understanding of financial regulations and standards.

Responsibilities

• Evaluate and manage financial risks impacting CEER's performance.
• Develop strategies to mitigate market risks.
• Ensure compliance with financial regulations and internal policies.

Skills

Risk assessment

Financial modeling

Market analysis

Leadership

Education

Bachelor's degree in finance or Accounting

Job description

Key Functional Responsibilities

• Determine and evaluate financial risks including market risks with focus on foreign exchange, commodity price and rate risks, credit risk and assess the impact of these risks on CEER's financial performance.
• Monitor and analyze market trends, economic indicators, interest rates, currency movements and commodity price changes that may impact CEER's financial performance.
• Develop and implement strategies to mitigate exposure to market risks including interest rate risk, foreign exchange risk and commodity price risk, and develop, implement and maintain the related internal policies and procedures.
• Develop, implement and maintain the related internal policies and procedures to manage exposure to credit‑related losses and counterparty risks.
• Develop, maintain and enhance financial risk models to quantify, monitor and analyze risk exposures.
• Ensure compliance with applicable financial regulations, internal policies and industry risk‑management standards.
• Promote a risk‑aware culture within CEER through guidance, communication and collaboration with stakeholders.
• Collaborate with colleagues across the Finance division and other divisions to align risk‑management activities with corporate objectives and financial strategies.

Key Managerial Accountabilities

• Achieve the assigned objectives through the setting of individual objectives, managing performance and developing and motivating staff.
• Participate in the development of the section’s business plans according to the department objectives.
• Ensure the effective implementation of policies, procedures and controls covering all areas of assigned activities.
• Prepare the budget required from the section and monitor financial performance versus the budget while ensuring unit activities are conducted in line with the approved guidelines.
• Manage the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering leading standards, productivity improvement and cost reduction.
• Ensure that all section reports are prepared timely and accurately and meet CEER’s requirements, policies and quality standards.
• Ensure non‑disclosure of confidential information within or outside CEER.
• Ensure adherence to the Health, Safety, Security, Environment (HSE) policies and standards across all business functions under the department.

Job Purpose

This role is responsible for evaluating, managing, and mitigating financial risks, including market risks with focus on foreign exchange, commodity price and rate risks and credit risk. The Manager, Financial Risk Management ensures alignment with CEER’s financial performance objectives, risk appetite, and regulatory requirements while supporting sustainable financial stability.

Job Requirements

Education: Bachelor's degree in finance, Accounting or equivalent.

Experience: 6 years minimum, 2 years in a leadership role.