Analyst III, Risk Job

An exciting opportunity is available for
Pr Analyst I, Risk, Governance & Comp,
located in
Riyadh.
Report to:
Manager, Risk Management
Job purpose:
We are seeking a highly motivated Senior Analyst to join our growing Governance, Risk Management & Compliance (GRC) team. In this role, you will play a vital role in identifying, assessing, and mitigating risks across the organization. You will also be responsible for supporting the development and implementation of strong GRC frameworks.

Role responsibilities:

• Partner with business units to identify, assess, and prioritize operational, financial, and strategic risks.
• Develop and maintain comprehensive risk registers, documenting risk descriptions, likelihood, impact, and mitigation strategies.
• Conduct risk assessments using various methodologies.
• Develop and implement risk mitigation plans, including controls, monitoring procedures, and reporting mechanisms.
• Stay up-to-date on industry best practices and regulatory requirements related to risk management, governance, and compliance.
• Assist in the development and implementation of effective governance and compliance frameworks, policies, and procedures.
• Monitor compliance with internal policies, external regulations, and industry standards.
• Conduct gap analyses to identify areas for improvement in the organization's risk management, governance and compliance programs (including business continuity management / business continuity plan and compliance reviews).
• Participate in the ongoing development, testing, and revision of the BCP, ensuring alignment with industry best practices and regulatory requirements.
• Support BCP testing and exercises, evaluating the effectiveness of recovery plans and identifying areas for improvement.
• Prepare reports and presentations on risk management activities, governance and compliance status for senior management.
• Facilitate and participate in training and awareness programs for employees across the organization.
• Contribute to the continuous improvement of the Governance, Risk Management & Compliance programs.

Qualifications and Requirements:

• Bachelor's degree in Business Administration, Finance, Risk Management, or a related field (GRCP, CRMA, CPA or other relevant professional certification a plus).
• Minimum 5 years of experience in risk management, governance, or compliance within a petrochemical, manufacturing, or similar industry.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with various stakeholders across the organization.
• Strong attention to detail and ability to work independently and as part of a team.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
• Experience with GRC/IRM software and frameworks is a plus.
• Partner with business units to identify, assess, and prioritize operational, financial, and strategic risks.
• Develop and maintain comprehensive risk registers, documenting risk descriptions, likelihood, impact, and mitigation strategies.
• Conduct risk assessments using various methodologies.
• Develop and implement risk mitigation plans, including controls, monitoring procedures, and reporting mechanisms.
• Stay up-to-date on industry best practices and regulatory requirements related to risk management, governance, and compliance.
• Assist in the development and implementation of effective governance and compliance frameworks, policies, and procedures.
• Monitor compliance with internal policies, external regulations, and industry standards.
• Conduct gap analyses to identify areas for improvement in the organization's risk management, governance and compliance programs (including business continuity management / business continuity plan and compliance reviews).
• Participate in the ongoing development, testing, and revision of the BCP, ensuring alignment with industry best practices and regulatory requirements.
• Support BCP testing and exercises, evaluating the effectiveness of recovery plans and identifying areas for improvement.
• Prepare reports and presentations on risk management activities, governance and compliance status for senior management.
• Facilitate and participate in training and awareness programs for employees across the organization.
• Contribute to the continuous improvement of the Governance, Risk Management & Compliance program.