Chief Risk Officer

Job Description

Led by a powerful purpose to simplify and improve lives in the Middle East, North Africa and Pakistan, Careem is pioneering the development of innovative services to aid the mobility of people, the mobility of things and the mobility of money.We are in the driving seat as we help to define how technology will shape progress in some of the fastest-growing countries in the world. Our teams are building tech to meet the needs of the future in areas including data and AI, e-commerce, technology-enabled logistics, maps, identity, and fintech.We?re well placed to solve complex and meaningful challenges at scale, with deep tech expertise, strong regulatory relationships, a local presence, and increasingly specialised global teams which are structured to operate as autonomous start-ups. Our team of over 400 engineers and developers are empowered to develop cutting-edge technology every day.Careem was established in July 2012, became a wholly-owned subsidiary of Uber Technologies, Inc. in January 2020, and today operates in over 100 cities across 12 countries.What youll do:The Chief Risk Officer will take a collaborative, proportionate approach to managing and mitigating risks and help Careem Pay grow in a compliant and risk-aware way - aligned to our risk appetite.Reporting to our General Manager for Careem Pay KSA, the Chief Risk Officer will make sure our risk appetite is well defined, well communicated and understood across the business and that these appetites are both correct and relevant to the work we?re doing.The Chief Risk Officer will also need to understand how to monitor and oversee risk management in a growing and expanding technology organisation where our approach and artefacts relating to risk are evolving as our business grows.Key responsibilities:

• Develop our Enterprise Wide Risk Management Framework including our risk management approach, risk policies and controls;
• Define and implement the strategy for the Risk function;
• Develop our test strategy to ensure controls remain effective and are adhered to;
• Identify key high risk areas that may require external audit and manage remediation action;
• Provide oversight on risk reporting and monitoring of associated remediation actions;
• Provide constructive challenge and opinion to the business concerning the adequacy of systems, controls and management of business risks;
• Quarterly reporting to the Risk Committee;
• Own, manage and maintain our risk collection, aggregation, management and reporting;
• Promote and develop a positive risk-aware culture

What youll need:

• IRM Diploma or equivalent would be preferred.
• At least eight (8) years of total professional experience in the field of risk management with at least four (4) years of experience in the specific field of international fintech compliance in the KSA (startup fintech experience preferred);
• Proven experience in developing and owning risk frameworks;
• Excellent knowledge and understanding of risk concepts and principles as a means of relating business needs to security protocols; and
• Demonstrable high level of integrity and desire to make a positive impact within the business and society.

Where youll be:

• Even though we are working remotely, we are strong believers in collaboration and the power of building social connections with our teams. For that reason, our offices are still open and provide plenty of collaboration-friendly spaces at times when teams need it or if you need a quiet space to work outside of home.
• You?ll be working in the location you?re hired from. Due to legal and compensation considerations, you will need to be based out of the country you?re hired from as your primary work location.

What we?ll provide youIn addition to a competitive long-term total compensation with salary and equity, we have a reward philosophy that expands beyond this.As a Careem colleague you will be able to:

• Be part of a Remote-First organisation
• Work from any country in the world for 60 days a year
• Use Unlimited Vacation days throughout the year
• Access fitness reimbursements for health activities including: gym, health club and training classes.
• Work and learn from great minds
• Create impact in a region with untapped potential
• Explore new opportunities to learn and grow every day

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