Risk Manager

About The Role

Responsibilities

• Develop and maintain an enterprise risk management framework aligned with industry best practices and local regulations
• Conduct quantitative and qualitative risk analysis for credit, market, and operational risk exposures
• Prepare and present comprehensive risk reports, dashboards, and heat maps to senior management and regulatory bodies
• Monitor changes in Saudi Arabian regulatory requirements (e.g., SAMA, CMA) and ensure organizational compliance
• Collaborate with business units and senior stakeholders to integrate risk management into strategic planning and decision processes
• Oversee governance processes including risk committees, policy reviews, and risk appetite setting
• Lead stress testing and scenario analysis exercises to evaluate potential risk impacts
• Recommend and track mitigation strategies and action plans to address identified risks

Required Qualifications

• Bachelor’s degree in Finance, Risk Management, Economics, or related discipline
• 7–10 years of experience in risk management within financial services or related industries
• Strong technical expertise in risk analysis, reporting, and regulatory compliance
• In-depth knowledge of enterprise risk, operational risk, credit risk, and market risk methodologies
• Proficient understanding of Saudi Arabian regulatory frameworks and guidelines
• Excellent analytical thinking and quantitative modeling skills
• Effective communication and stakeholder management abilities
• Experience supporting governance processes and risk committee activities

Preferred Qualifications

• Master’s degree in Finance, Risk Management, or a related field
• Professional certifications such as FRM, PRM, or CFA
• Hands-on experience with risk management software and modeling tools
• Knowledge of Basel III/IV, IFRS 9, and international risk standards
• Proficiency in Arabic
• Prior experience in strategic risk advisory or consulting roles
• Familiarity with global best practices in risk governance