Chief Technology Risk Officer

3 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Saudi Networkers Services (SNS Group) Full time
Job Description

The role of the Systems Risk Unit Manager is critical in formulating, developing, and implementing a comprehensive IT Risk Management framework, policies, and procedures to identify, assess, manage, and control risks associated with technology usage. This position provides tangible business benefits by mitigating operational surprises and failures, increasing information quality, and reducing regulatory concerns through effective risk management.

Key Responsibilities:
  1. Framework Development: Establishing and maintaining a robust IT Risk Management framework that aligns with industry best practices and regulatory requirements.
  2. Risk Assessment: Conducting thorough risk assessments to identify potential threats and vulnerabilities, and developing strategies to mitigate them.
  3. Team Management: Leading and guiding a team of professionals to ensure technology controls are adequately protecting business risk.
  4. Action Plan Implementation: Ensuring proper implementation of action plans, policies, and procedural changes for risk avoidance and mitigation.
Requirements:
  • A good understanding of banking industry practices and hands-on experience working for local or international banks.
  • Knowledge of core banking systems, application architectures, and technologies used in the financial sector.
  • Familiarity with risk management principles and frameworks, such as COBIT and ISO 27001.
  • Strong analytical and critical thinking skills, with ability to perform IT risk assessments and suggest mitigation plans.
Education and Experience:
  • A minimum of 10-12 years of overall professional experience, with at least 5 years in IT risk management or audit.
  • Relevant certifications, such as CRISC (Certified in Risk and Information Systems Controls) and CISA (Certified Information Systems Auditor).
  • Excellent verbal and written communication skills, with ability to communicate complex technical information to non-technical stakeholders.


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