Operational Risk Specialist
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listing for:
Enjaz
Full Time
position
Listed on 2026-11-10
Job specializations:
-
Finance & Banking
-
Business
Job Description & How to Apply Below
Support the implementation of the operational risk framework by assisting in monitoring, identifying, and documenting risks, ensuring processes comply with established risk management standards
Key Accountabilities Description- Coordinate with business units to conduct Risk and Control Self-Assessments (RCSA) workshops and assess risks and controls.
- Document identified risks, assess control effectiveness, and follow up on gaps or control deficiencies.
- Maintain a comprehensive Risk and Control Self-Assessments (RCSA) database and library for all business processes.
- Monitor and report operational incidents, losses, and near misses across all divisions.
- Document incidents in the operational risk database and ensure timely updates.
- Assist in root-cause analysis to identify underlying factors for major incidents.
- Track and report the status of corrective actions to prevent recurrence.
- Monitor KRIs relevant to operational risks (e.g., system downtime, fraud events) and update dashboards.
- Collect and analyse loss data to identify trends and recommend mitigation strategies.
- Prepare incident reports and summaries for operational risk committees and management.
- Support the business continuity management (BCM) program, including planning and testing.
- Assist in the organization and execution of scenario analysis exercises to evaluate operational resilience.
- Prepare operational risk reports and submit them to the operational risk manager for review.
- Collaborate with other departments to ensure alignment between operational risk activities and business operations.
Bachelor’s or master’s in finance, business administration. Certificate:
Certified Operational Risk expert, Certified Enterprise Risk specialist Certified structured Risk expert, FRM, Operational Risks examiner
Specialist 1-2 years in human resources or relevant fields.
SKILLS- Operational Risk Identification
- Data Collection and Analysis
- Compliance Monitoring
- Reporting and Documentation
- Basic Knowledge of Regulatory Requirements
- Proficiency in Microsoft Excel (or similar tools)
To View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
View / Apply for Jobs
Matching My Jurisdiction
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
View / Apply for Jobs
Matching My Jurisdiction