Risk Management Analyst | Riyadh, SA

Tabby; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A financial services company in Saudi Arabia is seeking a Risk Management Analyst to support risk management strategies, conduct assessments, and ensure compliance with regulations. The ideal candidate should have at least 3 years of experience in risk management and strong analytical skills. This full-time role is critical for maintaining the organization's risk management practices.

Qualifications

• At least 3 years of experience in risk management or a related field.
• Experience in conducting risk assessments and developing risk mitigation strategies.

Responsibilities

• Support the Risk Manager in identifying, assessing, and mitigating risks.
• Perform risk assessments to evaluate potential risks.
• Ensure compliance with relevant regulations and industry standards.
• Analyze risk data and generate reports.
• Assist in Business Continuity Plans and Disaster Recovery Plans.

Skills

Analytical skills

Communication skills

Detail-oriented

Interpersonal skills

Tools

Risk management tools and software

Job description

Risk Management Analyst

Department: Risk Management

Employment Type: Full Time

Location: KSA

Reporting To: Ahmed Almughriyah

Description

About the role:

The Risk Management Analyst will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.

The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.

Key Responsibilities

1. Assist in Risk Management Processes

• Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
• Assist in the development and implementation of risk management strategies and frameworks.

2. Conduct Risk Assessments

• Perform risk assessments to evaluate potential risks and vulnerabilities.
• Assist in developing risk mitigation plans and strategies.

3. Compliance Monitoring

• Ensure compliance with relevant regulations and industry standards.
• Assist in preparing compliance reports and maintaining documentation for audits.

4. Data Analysis and Reporting

• Analyze risk data and generate reports to support decision-making processes.
• Monitor key risk indicators and prepare regular reports for senior management.

5. Support Business Continuity Planning

• Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
• Participate in BCP and DRP testing and updates.

6. Collaboration and Communication

• Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
• Communicate risk findings and recommendations to relevant stakeholders.

7. Continuous Improvement

• Contribute to the continuous improvement of risk management processes and practices.
• Stay updated on emerging risks and industry trends to provide timely insights.

Skills, Knowledge & Expertise

• At least 3 years of experience in risk management or a related field.
• Experience in conducting risk assessments and developing risk mitigation strategies.

Skills and Competencies

• Strong analytical skills with the ability to interpret complex data.
• Excellent communication and interpersonal skills.
• Proficiency in risk management tools and software.
• Ability to work collaboratively in a team-oriented environment.
• Detail-oriented with strong organizational skills.

Technical Expertise

• Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
• Understanding of compliance requirements and industry regulations.

Job Benefits

Job ID 33591376-4035-4f57-8fba-c27ec37067c8

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