Enterprise Risk Management & Business Continuity Director Job Dammam area,Eastern Province Saudi Arabia,Management

1. Job Purpose

The Senior Manager of Enterprise Risk Management and Business Continuity at DACO will lead and manage all functions related to risk management and business continuity, ensuring the organization adheres to regulatory requirements and maintains high standards of operational resilience. This role involves developing and implementing risk management frameworks, policies, and procedures, as well as develop business continuity plan and recovery strategy to limit risk and overseeing business continuity initiatives and mitigating risks.

2.

Position Accountability Description Strategic Leadership

Develop and implement risk management and business continuity strategies that align with DACO’s vision, mission, and strategic goals.

Manage the coordination of risk management and business continuity initiatives to ensure alignment with strategic priorities and regulatory requirements.

Establish and monitor key performance indicators (KPIs) to measure the effectiveness of risk management and business continuity operations and drive continuous improvement.

Operational Excellence

Oversee the development and maintenance of risk management and business continuity frameworks, policies, plans and procedures, ensuring their consistent implementation at all levels.

Lead the integration of risk management within DACO’s strategy and decision-making processes, ensuring compliance with the organization’s risk appetite and tolerance levels.

Implement mechanisms for risk identification, assessment, and mitigation, including developing and monitoring Key Risk Indicators (KRIs) and coordinating risk assessments and mitigation plans.

Develop and maintain a comprehensive business continuity plan that covers all aspects of DACO operations, including but not limited to disaster recovery, Business Impact Analysis (BIA), emergency response, and crisis communication.

Responsible for developing and implementing strategies to ensure that DACO can withstand any potential business disruptions and maintain continuity of DACO operations in the face of unforeseen events.

Developing and delivering training courses and awareness for all employees.

Conduct regular tests and exercises (e.g., tabletop simulations, drills) to validate the effectiveness of business continuity plans and identify areas for improvement.

Prepare comprehensive reports on risk management and business continuity activities, including risk assessment results, KRIs, and compliance status for relevant stakeholders.

Stakeholder Management

Build and maintain strong relationships with internal and external stakeholders, including regulatory authorities and industry partners.

Communicate effectively with various departments to ensure the implementation of risk management and business continuity practices.

Coordinate risk management responsibilities with other assurance departments within the organization (e.g., Internal Audit and General Counsel).

Team Leadership and Development

Provide guidance and mentorship to the risk management and business continuity team, fostering a culture of excellence, accountability, and continuous improvement.

Develop training programs to enhance the skills and knowledge of the risk management and business continuity team.

Set clear performance expectations, provide regular feedback, and support team members to meet their objectives.

Financial Management

Assist in developing and managing the budget for the risk management and business continuity department, ensuring efficient allocation of resources.

Monitor financial performance, identify cost-saving opportunities, and implement measures to achieve financial targets.

Prepare budget reports for review by senior management, providing insights and recommendations for financial planning in risk management and business continuity.

Risk and Compliance Management

Ensure compliance with all regulatory requirements and industry standards and regulations related to risk management and business continuity.

Develop and implement strategies to mitigate risks associated with business operations and ensure effective crisis management.

Monitor trends and external factors related to business and airport management that…


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