| Job Location | Jeddah, Saudi Arabia |
| Education | Bachelor's degree / higher diploma |
| Salary | Not Mentioned |
| Industry | Financial Services |
| Functional Area | Not Mentioned |
The Risk Manager is responsible for the effective independent oversight of the companys Finance risks, under the direction of the Board & Risk Committee. The Risk Manager?s primary responsibility is to develop and implement a risk management framework with appropriate tools for the measurement, reporting, and control of companys Finances financial and non-financial risks. The Risk Manager, with input from the CEO and management, will develop a risk appetite framework (as per the Board?s stated risk tolerance) expressed in a limited structure for all business lines. The Risk Manager will also monitor risk-taking activities and report adherence to limits to the Risk Committee. The Risk Manager will collaborate with the CEO while having formal reporting lines to the Risk Committee. The Risk Manager is a member of the ECL committee, Asset and Liability Committee (ALCO), Anti-Fraud Committee, Cyber Security Committee, and Policy and Procedures Committee. The Risk Manager is responsible for developing and maintaining the organizations business continuity plans and procedures. This includes conducting risk assessments, developing recovery strategies, and testing plans to ensure they are effective. The Risk Manager also works with other departments to ensure that the organization is prepared for a variety of potential disruptions, including natural disasters, cyberattacks, and other unforeseen events.
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