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Senior Executive Risk Officer

Al Khobar, Saudi Arabia

Job Title: Senior Executive Risk Management Officer



Location: Saudi Arabia AlKhobar , Nesma United Industries Head Office

Experience: 4-8 years

Employment Type: Full-time

Working Hours: 48 hours per week



Role Purpose:


We are looking for a proactive Enterprise Risk Management (ERM) Specialist to coordinate and drive the ERM framework across NUI. The ideal candidate will have experience managing the risk register, facilitating risk workshops, evaluating mitigation plans, and ensuring continuous risk monitoring. Additionally, you will support risk system implementation and align ERM activities with the company’s Governance, Risk, and Compliance (GRC) standards.

Key Accountabilities:


1- Enterprise & Divisional Risk Register Management and Risk Appetite Implementation

Maintain and regularly update NUI risk registers, ensuring risks are properly identified, classified,

and scored as per the approved risk methodology. Support the definition, documentation, and

periodic review of NUI’s risk appetite.


2. Risk Identification Workshops

Facilitate workshops with business units to identify, assess, and score risks, ensuring ownership and

engagement from key stakeholders.


3. Mitigation Planning & Execution Monitoring

Support business units in developing mitigation plans, track implementation progress, and escalate

overdue actions.


4. Risk Reporting & Analysis

Prepare dashboards, heat maps, and executive summaries for Board Committees and management

to provide visibility on key risks.


5. GRC System Implementation Support

Collaborate with IT and vendors to enable the automation of risk tracking and reporting via the GRC

system.


6. ISO 31000 Maintenance & Certification Renewal

Ensure ongoing alignment with ISO 31000 standards, maintain required documentation, and

coordinate renewal of the enterprise risk certification with relevant department with NUI.


Key Stakeholders:

  • Internal: Operations, Finance, Legal, HR, IT, GRC, Internal Audit
  • External: ISO Certifiers, Risk System Vendors, Risk Consultants


Qualifications & Experience:

  • Bachelor’s degree in Risk Management, Business, Engineering, Finance, or related field.
  • 4–8 years of experience in enterprise risk management, internal audit, or operational risk.
  • Proven experience facilitating risk workshops and maintaining corporate risk registers.
  • Familiarity with ISO 31000 or COSO ERM frameworks.
  • Experience with Power BI or similar reporting tools is a plus.
  • Professional certifications such as CRMA, ISO 31000, or IRM are advantageous.

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