Chief Risk Officer
Listed on 2026-10-07
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Finance & Banking
Risk Manager/Analyst, Financial Compliance -
Management
Risk Manager/Analyst
- Develop and implement Enterprise Risk Management frameworks, policies (Operational Risk
Management, BCM & Fraud Risk Management), and governance structures by using ISO 31000 or COSO
8 methodology covering all aspects of risks across organization.
- Advise the Risk & Credit Committee on risk exposures and emerging threats.
- Define and maintain the organization’s risk appetite statement and limits.
- Promote a strong risk culture across the organization.
- Finalize Quarterly Risk Reports for Risk & Credit Committee (RCC) for their updates, approvals and timely
submit to Saudi Central Bank (SAMA).
- Implement risk awareness programs covering all aspects in line with regulatory guidelines.
• Credit Risk Management
- Lead, design and oversight of the Credit Risk Framework, including underwriting standards, risk rating,
adherence to SIMAH accuracy score and portfolio monitoring.
- Oversee credit approval processes, including large exposures and high-risk obligors.
- Perform portfolio stress testing by using scenario-based methodology in alignment with aligned
regulatory standards.
- Develop & implement robust Early Warning Systems and remediation mechanism for deteriorating
exposures.
- Manage concentration risk, collaterals, and sector limits.
- Ensure compliance with IFRS 9 financial instruments, particularly Expected Credit Loss (ECL) modeling.
- Oversee design, validation, and ongoing performance of ECL models (PD, LGD, EAD).
- Ensure appropriate staging criteria (Stage 1, 2,
3) and significant increase in credit risk methodologies.
- Collaborate with finance to ensure accurate provisioning, disclosures, & financial reporting.
- Govern model risk management, including independent validation and back testing.
• Regulatory Compliance & Reporting
- Ensure compliance with SAMA and other regulatory frameworks.
- Act as the primary liaison with regulators on risk-related matters.
- Oversee submission of risk and capital adequacy reports.
- Ensure proper documentation and audit trails for all risk processes.
Skills Required Job InformationJob Type Full Time
Job Industry Accounts, Finance & Financial Services
Functional Area
Accounts, Finance & Financial Services
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