Executive Risk Management Specialist

7 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia LOYAL PARTNERS Full time

As an Executive Risk Management Specialist at LOYAL PARTNERS, you will be responsible for developing and implementing risk policies, monitoring compliance, and fostering a proactive risk culture throughout the organization. Key responsibilities include:

  • Developing and implementing risk policies, procedures, and controls in alignment with industry standards and regulatory requirements.
  • Monitoring and reporting on key risk indicators (KRIs) and emerging risks, ensuring timely escalation and resolution.
  • Overseeing compliance with legal and regulatory requirements, working closely with regulatory bodies and internal stakeholders.
  • Conducting risk assessments and scenario analysis to evaluate potential business impact and develop mitigation strategies.
  • Leading the development of risk mitigation plans, business continuity plans, and crisis management strategies.
  • Collaborating with senior leadership to integrate risk management into strategic decision-making and business planning.
  • Fostering a risk-aware culture through training, awareness programs, and strong internal communication.
  • Developing and maintaining relationships with regulatory authorities, external auditors, and industry bodies.
  • Providing periodic risk reports and insights to the Board of Directors, Audit & Risk Committees, and executive leadership.
Key Requirements
  • Bachelor's degree in Finance, Business Administration, Risk Management, or a related field (Master's degree preferred).
  • Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CRMA (Certified Risk Management Assurance) are highly desirable.
  • Minimum of 10+ years of experience in risk management, compliance, or a related field, with at least 5 years in a leadership role.
  • Extensive knowledge of enterprise risk management (ERM), governance, compliance, and regulatory frameworks.
  • Experience in financial services, banking, insurance, or a highly regulated industry preferred.
  • Strong analytical skills with the ability to assess and quantify risks.
  • Excellent leadership, communication, and stakeholder management skills.
  • Proven ability to develop and implement risk management strategies aligned with business objectives.
  • Familiarity with risk management software, data analytics, and reporting tools.
  • Strategic thinking and problem-solving skills.
  • Strong business acumen and ability to assess risk in a dynamic business environment.
  • High ethical standards and integrity in risk-related decision-making.
  • Ability to influence and drive a risk-aware culture within the organization.
  • Exceptional presentation and reporting skills for executive leadership and board discussions.
Working Hours
  • Full-time
Work Environment
  • Office-based


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