Head of Enterprise Risk Management

2. JOB PURPOSE:

The ERM department establishes a holistic risk management framework, enabling the Enjaz to identify, assess, mitigate, and monitor risks across all functions. It ensures risks are aligned with strategic objectives and facilitates risk-aware decision-making

Key Accountabilities

Description

• Develop and ensure implementation of the ERM Strategy, framework, policies, and procedures.
• Leading the Identification, assessing, and monitoring the strategic, market, financial, operational, and regulation risks.
• Coordinate with other business risk units to ensure effective risk reporting and alignment.
• Present risk assessments, risk appetite statements, and mitigation strategies to CRO.
• Enhance and oversee the risk register and ensure continuous updates.
• Facilitate risk workshops and awareness programs across divisions\departments.
• Develop and monitor strategic Key Risk Indicators (KRIs) and prepare risk dashboards.
• Ensure compliance with local risk regulatory frameworks (e.g., SAMA) and global best practices.
• Liaise with external auditors and regulators on enterprise risk matters.
• Leading Risk Governance and Financial risk unit as well as Operational Risk Unit.
• Ensure Units achieve and attain the day-to-day operation objectives and enhance processes continuously.

QUALIFICATIONS

Bachelor’s or master’s degree in finance, business administration

Certificate: Certified Operational Risk expert, Certified Enterprise Risk Specialist Certified Structured Risk Expert Certified Operation Risk, certificate Financial Risk.

EXPERIENCE

From10-14 years of experience preferable in financial industry and professional certificates related to the subject of expertise.

SKILLS

• Knowledge of analytical risk models, and the development of risk dashboards and associated metrics.
• Risk management governance and controls.
• Financial Risk and Enterprise Risk management.
• Strong presentation, financial and analytical skills.
• Excellent business acumen and exposure to all areas of financial modelling
• Project management
• Strategic thinking and strong leadership

BEHAVIOURAL COMPETENCIES

• Strong interpersonal and leadership skills
• Strategic and tactical analysis
• Consultative, decision making.
• Communication skills
• Problem- solving