Senior Officer, IT GRC

Position Overview

We are seeking a highly motivated and experienced Senior Officer, IT Governance, Risk, and Compliance (GRC) to join our dynamic IT team. In this pivotal role, you will play a key part in strengthening our IT governance, risk management, and compliance frameworks to ensure robust alignment with internal policies, regulatory requirements, and industry best practices. Your responsibilities will encompass executing governance activities, monitoring compliance obligations, assessing technology risks, and supporting the implementation of control frameworks. This position is ideal for a detail-oriented professional with a strong background in IT governance and a passion for driving continuous improvement in risk and compliance practices.

Key Responsibilities

Policies, Systems, Processes & Procedures

As a Senior Officer, IT GRC, you will be responsible for ensuring adherence to all compliance, regulatory, and control requirements, including but not limited to:

• Bank’s Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) policies, guidelines, and all SAMA (Saudi Central Bank) regulations related to account opening, Know Your Customer (KYC), Customer Due Diligence (CDD), and fraud detection and prevention.
• Bank’s Cyber Security policies and all SAMA regulations to ensure compliance with internal, national, and international cybersecurity controls and regulations.

IT Governance Frameworks, Policies, and Standards

You will support the development, implementation, and maintenance of comprehensive IT governance frameworks, policies, standards, and procedures across all technology domains. Your responsibilities will include:

• Assisting in ensuring compliance with internal governance requirements and regulatory expectations.
• Supporting the periodic review and update of governance documentation to maintain relevance and effectiveness.
• Maintaining repositories of IT policies, procedures, and governance-related documentation to ensure accessibility and accuracy.

Risk Management and Compliance Activities

In this role, you will conduct technology risk assessments and support the identification, analysis, and mitigation of technology risks. Your duties will involve:

• Monitoring compliance activities and ensuring adherence to applicable regulations, standards, and internal requirements.
• Assisting in tracking remediation plans and following up on corrective actions with stakeholders to ensure timely resolution.
• Supporting internal control testing activities and monitoring control effectiveness to identify gaps and areas for improvement.

Governance Reporting and Monitoring

You will prepare governance dashboards, reports, and management information related to risks, controls, and compliance activities. Your responsibilities will include:

• Collecting, analyzing, and validating data to support governance reporting requirements.
• Supporting the preparation of internal and external compliance reports to meet regulatory and stakeholder expectations.
• Ensuring the accuracy, consistency, and timely delivery of governance reports to facilitate informed decision-making.

Technology Investments and Portfolio Governance

You will assist in monitoring governance performance indicators and portfolio governance activities. Your role will involve:

• Supporting the tracking of technology initiatives to ensure proper governance oversight is maintained.
• Contributing to process improvement initiatives that enhance governance efficiency and effectiveness across the organization.

Continuous Improvement Initiatives

You will identify opportunities to streamline governance processes and improve operational efficiency. Your responsibilities will include:

• Supporting automation initiatives related to risk monitoring, reporting, and compliance activities to enhance accuracy and reduce manual effort.
• Promoting best practices and contributing to strengthening governance maturity across technology functions.

Qualifications and Experience

Education

• Bachelor’s degree in Information Systems, Cybersecurity, or a related field.

Experience

• Minimum of 2-4 years of experience in IT or IT governance roles, with a strong focus on risk management and compliance.

Skills & Competencies

• In-depth knowledge of IT governance frameworks and regulatory requirements, including SAMA and cybersecurity regulations.
• Strong understanding of technology risk management and compliance practices, with the ability to apply them in a dynamic environment.
• Exceptional analytical and problem-solving skills to identify risks and develop effective mitigation strategies.
• Proven reporting, documentation, and data analysis capabilities to support governance and compliance activities.
• Excellent stakeholder management and communication skills to collaborate effectively with cross-functional teams and senior leadership.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong attention to detail and organizational skills to ensure accuracy and efficiency in all tasks.

Location

This position is based in Jeddah, Saudi Arabia, offering a competitive compensation package and opportunities for professional growth within a leading organization.