Head of Risk
About This Role
Job Title: Head of RiskLocation: Riyadh, Saudi Arabiabr>
Core Responsibilities:Lead and maintain the Operational Risk framework, ensuring alignment with Group policies and updating policies and procedures as required.Conduct risk assessments for new or changed products, services, and operational initiatives, including NPPA (New Product and Process Approval) coordination and approval.Oversee Operational Risk & Control Assessments (ORCA) and monitor Key Risk Indicators (KRIs) to track risk levels and control effectiveness.Monitor operational risk issues, ensure resolution of action plans, and escalate critical risks to senior management and risk committees.Prepare and submit operational risk reports to management, regulatory authorities, and internal stakeholders.Drive risk management awareness and training programs across the organization to strengthen risk culture.
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