Risk Manager

About Paylink and the Role

Paylink is seeking a Risk Manager to lead its Enterprise Risk Management (ERM) function as an independent control function. This full-time position is based in Al Khobar, Eastern Province. The role involves developing and maintaining the risk management framework, assessing risks across the business, and providing insights to support informed decisions, business resilience, and compliance with Saudi Central Bank (SAMA) requirements. The Risk Manager will work closely with senior management, relevant committees, and departmental risk owners while maintaining independent oversight.

Key Responsibilities

• Develop and update the Enterprise Risk Management (ERM) framework, policies, methodologies, tools, and templates.
• Prepare an annual risk management strategy and work plan aligned with the Company’s strategy and operational scale.
• Lead enterprise assessments of inherent and residual risk and maintain the enterprise risk register.
• Coordinate Risk and Control Self-Assessments (RCSA) and challenge the reasonableness of assessments.
• Assess enterprise risks from new products, services, material changes, projects, expansion, and partnerships.
• Develop and review the risk appetite statement and tolerance limits in coordination with relevant stakeholders.
• Develop and monitor Key Risk Indicators (KRIs), including data sources, owners, frequency, and alert thresholds.
• Produce periodic reports for senior management and committees on material risks, trends, breaches, and remediation plans.
• Assess control design adequacy and effectiveness from a risk management perspective.
• Monitor risks related to liquidity, settlements, fraud, operations, third parties, cybersecurity, and financial crime.
• Oversee the Business Continuity Management (BCM) framework and program, including monitoring plans, testing, and readiness.
• Assess risks related to suppliers, outsourcing, third-party dependencies, and concentration.
• Monitor regulatory requirements applicable to the risk management function and track findings.
• Deliver risk awareness and training to risk owners and promote risk culture within the Company.

Experience and Qualifications

• At least seven years of relevant experience in risk management, governance, or financial services, including leadership experience.
• Practical experience within financial institutions or payment service providers supervised by the Saudi Central Bank (SAMA).
• Strong analytical judgment and independent assessment skills, with the ability to link risk exposures to business objectives and regulatory impact.
• Effective communication, cross-functional coordination, and professional conflict management skills.
• Ability to prepare clear executive reports and provide practical, actionable recommendations.
• Strong planning and prioritization skills, including tracking remediation activities.
• Ability to evaluate evidence and data while maintaining confidentiality.
• Leadership and coaching skills, with the ability to strengthen risk culture and influence stakeholders without direct line authority.

Work Environment

This is a full-time position based in Al Khobar, Eastern Province. The role requires close collaboration with senior management, various committees, and departmental risk owners, while maintaining an independent oversight function.