Senior Officer, IT GRC

Position Overview

We are seeking a highly motivated and experienced Senior Officer, IT Governance, Risk, and Compliance (IT GRC) to join our dynamic team. In this critical role, you will play a pivotal part in strengthening our IT governance, risk management, and compliance frameworks to ensure alignment with internal policies, regulatory requirements, and industry best practices. Your expertise will be instrumental in safeguarding our organization against technology-related risks while fostering a culture of accountability, transparency, and operational excellence. This position offers a unique opportunity to contribute to the strategic direction of our IT governance initiatives and drive continuous improvement across our technology landscape.

Key Responsibilities

As a Senior Officer, IT GRC, your core responsibilities will encompass a broad spectrum of governance, risk, and compliance activities. You will be expected to:

• Ensure Regulatory and Policy Compliance: Uphold and enforce all compliance, regulatory, and control requirements, including but not limited to the Bank’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) policies, guidelines, and SAMA’s regulations pertaining to account opening, Know Your Customer (KYC), Customer Due Diligence (CDD), and fraud detection and prevention. Additionally, you will ensure adherence to the Bank’s Cyber Security policies and all SAMA regulations, supporting compliance with internal, national, and international cybersecurity controls and standards.
• Develop and Maintain IT Governance Frameworks: Collaborate with cross-functional teams to support the development, implementation, and maintenance of robust IT governance frameworks, policies, standards, and procedures across all technology domains. Your role will involve ensuring compliance with internal governance requirements and regulatory expectations while periodically reviewing and updating governance documentation to maintain its relevance and effectiveness. You will also be responsible for maintaining organized repositories of IT policies, procedures, and governance-related documentation.
• Conduct Risk Management and Compliance Activities: Lead technology risk assessments and support the identification, analysis, and mitigation of technology-related risks. Monitor compliance activities to ensure adherence to applicable regulations, standards, and internal requirements. You will assist in tracking remediation plans and following up on corrective actions with stakeholders, as well as supporting internal control testing activities to monitor control effectiveness.
• Support Governance Reporting and Monitoring: Prepare comprehensive governance dashboards, reports, and management information related to risks, controls, and compliance activities. Collect, analyze, and validate data to support governance reporting requirements, and assist in the preparation of internal and external compliance reports. Your attention to detail will ensure the accuracy, consistency, and timely delivery of all governance reports.
• Oversee Technology Investments and Portfolio Governance: Monitor governance performance indicators and portfolio governance activities to ensure alignment with strategic objectives. Support the tracking of technology initiatives and maintain proper governance oversight throughout their lifecycle. Your contributions will enhance process improvement initiatives aimed at increasing governance efficiency and effectiveness.
• Drive Continuous Improvement Initiatives: Identify opportunities to streamline governance processes and improve operational efficiency. Support automation initiatives related to risk monitoring, reporting, and compliance activities, and promote best practices to strengthen governance maturity across technology functions.

Qualifications and Skills

To excel in this role, you must possess the following qualifications and competencies:

• Education: A Bachelor’s degree in Information Systems, Cybersecurity, or a related field is required.
• Experience: A minimum of 2-4 years of experience in IT or IT governance roles, with a proven track record in governance, risk management, or compliance within the financial services or technology sector.
• Technical and Functional Skills:
  • In-depth knowledge of IT governance frameworks, such as COBIT, ISO 27001, or NIST, and a strong understanding of regulatory requirements, including SAMA, AML, and cybersecurity standards.
  • Hands-on experience with technology risk management, compliance practices, and control frameworks.
  • Proficiency in data analysis, reporting, and documentation, with the ability to interpret complex regulatory and technical information.
  • Strong analytical and problem-solving skills, coupled with the ability to manage multiple priorities and meet stringent deadlines.
  • Exceptional stakeholder management and communication skills, with the ability to liaise effectively with senior management, IT teams, and regulatory bodies.
  • Meticulous attention to detail and exceptional organizational skills to manage governance documentation and reporting requirements efficiently.

Location

This position is based in Jeddah, Saudi Arabia, offering a dynamic work environment where you can contribute to meaningful projects that shape the future of IT governance and compliance in the region.