Risk Assurance Manager

Azizia Panda United Inc.; Jeddah; On-site; SAR 150,000 - 250,000; Full time

Job summary

A leading company in Saudi Arabia is seeking a Risk Manager to ensure risks are managed to minimize financial impact. This role covers strategic formulation of risk management strategies, planning annual audits, and operational support for risk assessment and mitigation policies.

Qualifications

• Minimum 5 years of experience in Risk Control and Governance.
• Strong audit reporting and communication skills.
• Knowledge of laws and regulations concerning risk assessment.

Responsibilities

• Assist in formulating the Enterprise Risk Management Strategy.
• Prepare the Risk Assurance plan aligned with organizational objectives.
• Support the implementation of enterprise-wide risk management policies.

Skills

Risk Control

Governance

Compliance & Regulatory requirements

Data/Financial Analysis

Audit Reporting

Communication

Presentation Skills

Interpersonal Skills

Project Management

Tools

MS Word

Excel

PowerPoint

Job description

Jeddah, Saudi Arabia

Posted 21 days ago | Expires in a month

This role involves ensuring all risks are recognized and managed to minimize financial impact, supporting the company's risk mitigation strategies through a hands-on approach to operational and system environments.

Job Accountabilities:

Strategic:

• Assist in formulating the Enterprise Risk Management Strategy, budget, and planning processes.
• Coordinate annual risk assessments and update them according to company objectives and challenges.
• Coordinate activities of the Audit Division to optimize resource use, manage priorities, and ensure responsiveness and proactivity.
• Evaluate and assess new or changing services, processes, and controls during development and expansion.
• Ensure audit activities comply with The IIA’s Standards and Panda standards.

Planning:

• Prepare the Risk Assurance plan aligned with organizational objectives.
• Assist in preparing the annual audit plan, conducting risk assessments, and defining audit scope.

Operational:

• Support the implementation and development of enterprise-wide risk management policies and procedures.
• Assess risks, develop mitigation strategies, and work with business units to enhance risk management capabilities.
• Communicate and facilitate the use of ERM methodologies and tools.
• Monitor enterprise-wide risks and support risk reporting to senior management.
• Train and guide Risk Assurance and internal audit staff.
• Ensure compliance with applicable regulations and company policies.
• Perform additional duties as required, including staying updated on trends and standards, and collaborating with other departments.

Skills and Qualifications:

• Minimum 5 years of experience in Risk Control and Governance, Compliance & Regulatory requirements, Data/Financial & Risk Analysis.
• Strong audit reporting, communication, and presentation skills.
• Knowledge of laws and regulations, and familiarity with risk assessment methodologies.
• Excellent interpersonal skills and project management experience preferred.
• Proficiency in MS Word, Excel, and PowerPoint.