RISK MANAGER- Banking - Based in Riyadh, Saudi Arabia
Our client is a leading bank with a new position available based in Riyadh, Saudi Arabia. The company provides banking and related services under Retail banking, Treasury and Investments segments.
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Open to Arabic speakers & Westerners
-Up to 38k SAR ($120k USD) + benefits
-Leading bank
JOB PURPOSE
To identify, analyze and respond intelligently to organization’s risks by monitoring Risk Triggers and control response to triggered risks and benefit from the organization’s previous experiences.
A great opportunity for a high calibre candidate to play a key role within the banking industry
KEY RESPONSIBILITIES
•Contributes to the development of the risk management framework
•Works in partnership with the business to facilitate the implementation of the risk framework or certain component parts of the framework across the business
•Provides guidance and monitors the business in the development and maintenance of an adequate, effective and sustainable control environment in the business
•Works with the business to ensure a control culture is embedded in the business
•Challenges the business on setting its risk appetite and monitors the direct and indirect operational losses and reputation damage is contained within the risk appetite of the business
•Provides expert counsel to risk colleagues and the business on appropriate design and implementation of the operational risk management framework
•Provides consultation and oversight of the risk management framework and matters of risk concerns that arise across the Group
•Provides support on risk on Due Diligence teams as necessary for merger and acquisition transactions
•Manages and leads risk related projects
ESSENTIAL QUALIFICATIONS
Minimum Master’s degree in Risk Management or equivalent
Experience:
•At least 7 years experience work experience with extensive exposure of working in a banking environment
•In-depth knowledge of operational risk management processes and their supporting systems
•Supervises and conducts data and trend analysis, oversees output of scenario analysis and has an awareness of operational risk modelling. Provides results and recommendations to Business Leadership and Risk Colleagues
•Possesses an advanced understanding of continuous process improvement methods. Uses knowledge to recommend measures to reduce or minimise
manual and/or redundant efforts in workflows or operational processes
•Certified Risk Manager from well reputable learning firm
Personal Attributes and Abilities:
•Strong knowledge of risk assessment & analysis techniques.
•Strong analytic mindset with direct experience in leading the implementation and on-going usage of enterprise wide risk infrastructure initiatives.
•Demonstrated management skills and leadership capabilities around people management along with excellent communication skills
•Fluent Arabic/ English speaker preferred
