Risk Officer

The Professionals; Riyadh; On-site; SAR 40,000 - 60,000; Full time

Job summary

A leading company in Riyadh is seeking a Risk Manager to oversee risk identification, assessment, and compliance. The role requires a bachelor's degree and at least 3 years of relevant experience in risk management. Candidates should possess strong analytical skills and experience with risk assessment frameworks.

Qualifications

• 3 years of experience in risk management, compliance, or a related role.
• Knowledge of industry regulations (e.g., ISO 31000, Basel, SOX).
• Proficiency in data analysis and risk modeling.

Responsibilities

• Conduct risk assessments and audits to evaluate vulnerabilities.
• Develop and implement risk mitigation strategies and action plans.
• Prepare risk reports and dashboards for management and stakeholders.

Skills

Analytical Skills

Problem-Solving

Communication

Presentation

Education

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

Tools

Risk assessment tools and frameworks

Job description

Key Responsibilities:

• Risk Identification & Assessment:
• Analyze business operations, market trends, and industry regulations to identify potential risks.
• Conduct risk assessments and audits to evaluate vulnerabilities.
• Maintain a risk register to track and monitor risk exposure.
• Risk Mitigation & Management:
• Develop and implement risk mitigation strategies and action plans.
• Collaborate with departments to integrate risk management practices into business processes.
• Recommend and enforce internal controls to minimize risk exposure.
• Compliance & Regulatory Requirements:
• Ensure adherence to relevant laws, regulations, and industry standards.
• Assist in developing policies and procedures to improve risk compliance.
• Work with legal and compliance teams to address regulatory risks.
• Reporting & Documentation:
• Prepare risk reports and dashboards for senior management and stakeholders.
• Document risk incidents and recommend corrective actions.
• Monitor and update risk management policies based on organizational and industry changes.
• Training & Awareness:
• Conduct risk awareness training for employees.
• Promote a risk-conscious culture across the organization.

Skills

Qualifications & Skills:

• Education:Bachelor’s degree in Risk Management, Finance, Business Administration, or a related field.
• Experience:3 years of experience in risk management, compliance, or a related role.
• Technical Skills:
• Knowledge of risk assessment tools and frameworks.
• Proficiency in data analysis and risk modeling.
• Familiarity with industry regulations (e.g., ISO 31000, Basel, SOX).
• Soft Skills:
• Strong analytical and problem-solving abilities.
• Excellent communication and presentation skills.
• Ability to work independently and collaboratively across departments.

Preferred Certifications:

• Certified Risk Management Professional (CRMP)
• Financial Risk Manager (FRM)
• Certified in Risk and Information Systems Control (CRISC)