Operational Risk Officer

Job Description

Our client is one of the fastest growing fintech invoice discounting services in Kingdom of Saudi Arabia, they are looking to hire an Operational Risk Officer for Riyadh, KSA.<p><br></p><strong>Responsibilities &amp; Duties:</strong><p><br></p><ul><li>Interact directly with employees across all departments to ensure the Operational Risk policies are followed.</li><li>Grow and maintain the enterprise risk framework with a particular focus on automation and the ability to monitor all key domains within the organization.</li><li>Identity and develop key risk indicators to monitor and control the operational risks to make sure the organization operates within the appetite.</li><li>Conduct an independent review of all identified risks by the Business in relation to new/material changes to counter-parties, processes, products, projects, and business initiatives that affect the organization</li><li>Manage the implementation of new or update current policies and risk directories that will support the Business.</li><li>Improve and maintain our GRC software/tool to ensure the monitoring capabilities of the Risk department and the reporting functionality to the Board.<br></li></ul><p><br></p><strong>Requirements:</strong><p><br></p><ul><li>Minimum 3 years of experience in any industry.</li><li>Bachelor’s degree or Professional Certificate in Risk Management is a must.</li><li>Demonstrated understanding of enterprise risk management and non-financial risk management in the financial sector.</li><li>Knowledge of risk management methodologies, financial products, and processes</li><li>Experience in the ability to generate commercial insights (i.e. creating KRI dashboards and Management reports) by integrating various data sources.</li><li>The ability to operate on own initiative, with a proactive attitude and hands-on mentality is vital for this position.</li><li>Demonstrated experience in risk-identifying methodologies.</li><li>Ability to communicate with a broad range of stakeholders, including CRO, senior management, external parties, and other subject matter experts.</li><li>Strong problem-solving ability and strong analytical skills</li><li>Fluent in Arabic and English is a must.<br></li></ul>