Operational Risk Manager

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia neoleap Full time

Summary:

Oversee and manage operational risks within an organization. responsible for developing and implementing risk management strategies, policies, and frameworks to identify, assess, and mitigate operational risks. Safeguard the organization's operations, reputation, and financial stability by effectively managing and mitigating operational risks. within the organization policies and procedures.

KEY ACCOUNTABILITIES AND ACTIVITIES
Operational Risk Management

  • Develop and implement an operational risk management framework, policies, and procedures to identify, assess, and manage operational risks.
  • Conduct risk assessments and evaluations to identify potential areas of vulnerability and recommend risk mitigation strategies.
  • Collaborate with crossfunctional teams to assess risks associated with new projects, products, or business initiatives, providing guidance on risk control measures.
  • Monitor key risk indicators and performance metrics, analyzing trends and identifying emerging risks to proactively address potential issues.
  • Advise and educate stakeholders at all levels of the organization on operational risk management principles, best practices, and compliance requirements.
  • Lead or participate in incident investigations, root cause analysis, and the development of corrective action plans to prevent recurrence of operational risk events.
  • Develop and deliver training programs to enhance risk awareness and promote a riskconscious culture within the organization.
  • Stay abreast of industry trends, regulatory changes, and emerging risks, ensuring the organization's risk management practices remain current and effective.
  • Collaborate with internal and external auditors, regulators, and compliance teams to ensure adherence to regulatory requirements and standards.
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QUALIFICATIONS/REQUIREMENTS
6- 8 Years of relevant experience

High level Leader Skills

Bachelor Degree in a relevant field is required

Master degree in a relevant field is preferred

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