Chief Risk Management Specialist

5 days ago

Ras AlKhair, Eastern Province, Saudi Arabia Linked4HR Human Resources Consultancies LLC Full time
Job Summary

We are seeking a seasoned professional to fill the role of Chief Risk Management Specialist - Business Resilience. This position is part of our esteemed client, a leading shipbuilding company based in Ras Al Khair, Saudi Arabia.

About the Role:

The successful candidate will be responsible for leading the strategic direction and implementation of risk management, business continuity, and crisis management initiatives. This will involve developing and refining risk models, formulating robust business continuity and crisis management strategies, and conducting thorough impact analyses on company operations to identify areas for improvement.

Key Responsibilities:

  • Design and implement an advanced risk framework that safeguards the organization, executing in-depth impact analyses on company operations to pinpoint areas for improvement and optimization.
  • Conduct exhaustive risk evaluations by thoroughly scrutinizing current risk factors, business continuity measures, and crisis management competencies, identifying potential vulnerabilities and obstacles that may influence the company at a strategic level.
  • Evaluate the organization's historical achievements in risk, business continuity, and crisis management against benchmarks established by executive leadership, developing a strategic roadmap to overcome identified discrepancies.
  • Forge strong partnerships with executive leadership to define the organization's risk tolerance and limits, ensuring a unified approach to risk, business continuity, and crisis management.
  • Contribute to the development of versatile reporting mechanisms for risk, business continuity, and crisis management, customized for a diverse range of internal stakeholders including executive leadership, departmental heads, and the overall employee base.
  • Supervise external risk, business continuity, and crisis management communication to pertinent stakeholders and regulatory authorities, aligning with best practices in corporate governance.
  • Act as the primary point of contact among all functional departments to devise and execute action plans that effectively mitigate risks, strengthen business continuity, and implement holistic crisis management systems throughout the organization.
  • Lead and coordinate cross-functional teams that augment risk, business continuity, and crisis management efforts, fostering a robust culture of preparedness and adaptability among employees at all levels within the organization.
  • Develop and implement risk-based decision-making frameworks that align with stakeholder expectations and regulatory requirements, bolstering confidence in the organization's strategic decisions and operational performance.
  • Establish and maintain a continuous improvement cycle, incorporating emerging trends, innovative technologies, and industry best practices into the organization's risk, business continuity, and crisis management initiatives.
  • Design comprehensive employee training programs that build knowledge and capacity in risk, business continuity, and crisis management, empowering individuals to contribute proactively to the organization's resilience.
  • Leverage data analytics to monitor key risk indicators and assess the efficacy of existing risk mitigation measures, prioritizing opportunities for continuous enhancement. Collaborate with internal and external audit teams to ensure rigorous assessments of the organization's risk, business continuity, and crisis management capabilities, and incorporate feedback to fine-tune strategies.
  • Support organizational change management by equipping employees with the necessary tools and resources to navigate periods of uncertainty, enabling the organization to effectively respond to an evolving risk landscape.

Requirements:

  • 18+ years of relevant experience
  • Bachelors Degree, in Engineering, Project Management, Economics MIS, Finance, Business Administration, or equivalent

Estimated Salary Range: SR 25,000 - SR 35,000 per month.

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