Operational Risk Specialist
3 weeks ago
Responsible for identifying, analyzing and evaluating of non-clinical and non-medical operational risks associated with the Organization’s business activity, and assisting risk owners, in coordination with risk champions, to develop risk treatment plans.
**Essential Responsibilities and Duties**:
1. Implements risk methodologies, procedures and tools of Risk Management Division.
2. Conducts workshops with the Organization’s entities risk owners to identify, analyze and evaluate non-clinical and non-medical operational risks.
3. Assists risk owners in developing risk treatment plans, in coordination with risk champions, and in line with risk appetite set limits.
4. Updates Risk Register with the emerging operational risks and maps these risks to concerned Organization’s entities.
5. Coordinates with Quality Management Department for the reporting purposes of clinical and medical risks.
6. Assists in the development and updates of the Organization’s risk universe and risk appetite, as well asdeveloping the Annual Risk Assessment Plan.
7. Continuously monitors the exposure level to non-clinical and non-medical operational risks that are within the risk limits set in the risk appetite.
8. Develops key risk indicators for significant operational risks and monitors their readings to ensure that risks are managed within the limits set in risk appetite.
9. Prepares and provides periodic reports in relation to non-clinical and non-medical operational risks.
**Education**:
Primary discipline:Master’s, or Bachelor’s Degree in Finance, Business Administration, Law, or other related discipline is required.Secondary discipline:Bachelor’s Degree in other speciality plus Master’s in primary discipline is required.
**Experience Required**:
Seven (7) years of related experience or seven (7) years of experience [five (5) years primary / two (2) years secondary] with Master’s, or nine (9) years ofprimary experience with Bachelor’s Degree is required.
**Other Requirements(Certificates)**:
- Saudi National only.
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