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Compliance and Risk Officer

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Foodics Full time
Job Description
  • Develop and maintain a risk management framework for the company, ensuring risks are mitigated within the accepted risk appetite and continuously monitored.
  • Apply best practices in managing risks, adhering to regulatory requirements and satisfying stakeholders' expectations.

The role involves developing risk management strategies, establishing policies, procedures, and risk limits, as well as designing and implementing methodologies to manage operational, credit, financial, reputational, and cyber security risks.

You will conduct risk assessments across functions and new products, perform strategic project risk assessments, and establish continuous risk monitoring roles with early warning indicators and key risk indicators.

A comprehensive risk register will be maintained, covering internal and external risks, and regular reporting and analysis of operational risk incidents and associated losses will be ensured.