Systems Risk Manager

The technological innovation in the recent years has increased the dependency of banks on the reliability and continuity of the systems supporting their business operations. IT systems play a very critical role and have now become an indispensible part of the whole business. With this new change the business risk associated with the use, ownership, operation, involvement, influence and adoption of IT in the bank for performing its core business activities has also increased and hence made the Systems Risk Management as one of the key functions required by SAMA.

The role of the Systems Risk Unit Manager would mainly be associated with formulating, developing and implementing a comprehensive IT Risk Management framework, policies and procedures that assist in better identification, assessment, managing and controlling of risk associated with the usage of technology. The role should provide tangible business benefits to the bank, such as mitigating the operational surprises and failures, increase information quality, greater stakeholder confidence and reduce regulatory concerns through implementing the Risk Framework principles.

• Setting and developing the function’s framework, policies, procedures and manuals.
• Development and managing the implementation of a comprehensive IT Risk Management Framework
• Managing and guiding the Systems Risk Team to ensure that technology controls are sufficiently protecting business risk.
• Driving the assessment of various information technology risks that the business faces in its operations.
• Owning the process and ensuring proper implementation of action plans, policy and procedural changes for risk avoidance and mitigation
• Defining a streamlined process and subsequently managing the execution of information technology risk assessments
• Supervise and lead readiness reviews over information technology development projects ensuing appropr
• Good understanding of banking industry with hands on experience of working for local or international banks
• Good knowledge and understanding of technologies and systems used in the financial sector / banks
• Knowledge of core banking systems and the application architectures used in Banking environment
• Good knowledge of application of the Technology Risk & Control framework
• Significant analytical and critical thinking skills
• Practical knowledge of performing IT risk assessments and suggesting risk mitigation plans to business and IT
• Good understanding of Risk Management principles.
• Good time-management skills.
• Self motivation and leadership attributes.
• In addition, wining commitment to the implementation, and optimization, of risk management policies is an integral part of the job, so must be comfortable in negotiating with members of staff at both senior and executive level.

• 10-12 years of overall professional experience with a minimum of 5 years of experience working for banks
• A minimum 6-7 years of experience in Information Technology Risk Management or IT Audit
• CRISC (Certified in Risk and Information Systems Controls)
• CISA(Certified Information Systems Auditor)
• Minimum Bachelors / Masters with majors in computer sciences and finance as a subject
• IT Projects management Experience Preferred (PMI / Prince2)
• IT Governance – COBIT Preferred
• Excellent verbal and written communication skills
• Bilingual (Preferred)

Saudi Networkers Services Founded in late 2001, SNS was initially established as a joint venture between Networkers International (Networkers MSB) a UK based company and Saudi Networkers Services a Saudi based company.

• SNS has more than 1,600 employees across the MENA region.
• SNS is an ISO 9001 certified company.
• SNS reaches 380 Contractors till the moment in KSA Only.
• Extensive database 70,000+ Active professional candidates.
• Experienced in our field with more than 8 years of doing such a business.