Senior Risk Analyst

Tamweel Aloula - تمويل الأولى; Dhahran Compound; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Risk Management Specialist to enhance their risk management framework. This role involves collaborating with diverse teams to identify and mitigate risks, ensuring compliance with industry standards, and developing robust business continuity plans. You will engage in exciting risk assessments, report findings to leadership, and mentor junior analysts. If you have a passion for risk management and a knack for data analysis, this opportunity offers a dynamic environment where your contributions will directly impact the organization’s resilience and success.

Qualifications

• 5-7 years of experience in risk management in financial services.
• Knowledge of risk management frameworks and regulatory landscapes.

Responsibilities

• Support implementation of enterprise risk management framework.
• Conduct engaging risk assessments to identify operational vulnerabilities.
• Develop and maintain business continuity plans.

Skills

Enterprise Risk Management

Operational Risk Management

Business Continuity Planning

Data Analysis

Risk Reporting

Collaboration

Education

Bachelor’s degree in Finance

Master’s degree in a related field

Tools

Analytical tools

Job description

Roles and Responsibilities:

1. Enterprise Risk Management (ERM):

• Support in the implementation of our enterprise risk management framework, working closely with various businesses to identify and mitigate risks.
• Dive into exciting risk assessments across diverse business units, uncovering potential risks and crafting smart strategies to address them.
• Keep our leadership team in the loop with regular updates on risk management initiatives.

2. Operational Risk Management:

• Conduct engaging risk assessments to spot operational vulnerabilities and work collaboratively to devise creative mitigation plans.
• Analyze fascinating risk incidents and operational losses, turning insights into action.
• Ensure we’re always ahead of the curve with regulatory compliance and industry standards.

3. Business Continuity Management (BCM):

• Work towards developing and maintaining robust business continuity plans that keep us resilient.
• Organize fun and interactive business continuity testing and exercises.
• Develop innovative strategies to ensure our critical business functions remain uninterrupted during any disruption.
• Spread the knowledge with exciting training sessions and awareness programs on business continuity.

4. Risk Reporting and Communication:

• Craft compelling risk reports for our executive team and board of directors, making data-driven recommendations.
• Be the voice of risk policies and processes, ensuring everyone understands and engages with our risk management efforts.

5. Data Analysis and Reporting:

• Use cutting-edge analytical tools to assess and model risks, transforming data into actionable insights.
• Develop and showcase key risk indicators (KRIs) and metrics through creative dashboards and visualizations.

6. Collaboration and Leadership:

• Collaborate with vibrant teams across IT, Compliance, Internal Audit, and Operations, fostering a culture of teamwork and innovation.
• Mentor and inspire junior analysts, sharing your knowledge and experience.
• Participate in cross-functional projects that drive our risk management capabilities to new heights.

Requirements:

• Bachelor’s degree in Finance, Business, Risk Management, or a related field; Master’s degree preferred.
• Professional certifications such as CBCP (Certified Business Continuity Professional) is a big plus.
• At least 5-7 years of experience in risk management within the financial services industry.
• In-depth knowledge of risk management frameworks and regulatory landscapes.
• A knack for business continuity planning and disaster recovery.