Risk Management Associate

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia Azizia Panda United Inc. Full time

OPERATIONAL

  • Conduct detailed data analysis to identify and assess potential risks within the grocery retail sector.
  • Assist in the development and maintenance of risk registers, working closely with the risk managers.
  • Work on project and major strategic initiatives and provide diligent risk assessments
  • Follow up on controls and tasks implementation and ensure adequacy of coverage
  • Collaborate with cross-functional teams to gather relevant data and insights for risk assessment.
  • Support the creation of reports and presentations to communicate risk findings to key stakeholders.
  • Monitor and analyze key performance indicators to detect anomalies and potential risk factors.
  • Work closely with the risk managers to ensure compliance with regulatory requirements.
  • Assist in the continuous improvement of risk management strategies based on data-driven insights.
  • Collaborate with other departments to understand operational processes and identify areas for risk mitigation.
  • Stay updated on industry trends and emerging risks to contribute to proactive risk management efforts.-
  • Instil an analytics-driven approach to all initiatives
  • Automate reporting as needed and ensure data integrity
  • Stay abreast of industry trends and emerging risks to proactively adjust risk management strategies for the grocery retail environment.
  • Support GRC teams in developing dashboards and identifying key trends and fraud related incidents

REPORTING

  • Communicate and discuss key findings with risk managers and senior risk figures
  • Report critical breaches and mitigation plans

FOLLOW UP

  • Ensure that all agreed remediation plans are subsequently implemented.
  • Perform follow-up procedures timely to determine whether agreed remediation plans have been implemented.

PEOPLE MANAGEMENT

  • Keep abreast with all the latest updates in the audit, risk management, and fraud field and improve the department's abilities.

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