Risk Manager

Risk Manager – Strategic Leadership in Enterprise and Financial Risk Management

Join a dynamic Saudi group as we seek a seasoned Risk Manager to spearhead the design, implementation, and continuous enhancement of our comprehensive enterprise and financial risk management framework. In this pivotal role, you will play a critical part in safeguarding the group’s assets, optimizing financial sustainability, and empowering executive decision-making through rigorous, data-driven risk analysis. This position demands a strategic thinker with a proven track record in identifying, assessing, and mitigating a broad spectrum of risks—from financial and operational to legal, liquidity, and credit—while fostering a culture of proactive risk governance.

As the cornerstone of our risk management strategy, you will collaborate closely with senior leadership to define risk appetite, monitor exposure, and develop forward-thinking mitigation strategies. Your expertise will be instrumental in evaluating high-impact investments, capital projects, and business initiatives, ensuring alignment with regulatory compliance and corporate objectives. With a preference for candidates with experience in investment, real estate development, property management, contracting, or construction, this role offers an opportunity to make a tangible difference in a fast-evolving corporate landscape.

Key Responsibilities

Your strategic vision and analytical acumen will drive the following core responsibilities:

• Framework Development and Optimization: Lead the creation, implementation, and iterative improvement of the group’s Enterprise Risk Management (ERM) framework, ensuring it remains agile, scalable, and aligned with evolving business needs.
• Risk Identification and Assessment: Conduct in-depth evaluations of strategic, financial, investment, operational, legal, liquidity, and credit risks, leveraging both quantitative and qualitative methodologies to identify potential threats and opportunities.
• Risk Monitoring and Reporting: Maintain and update the corporate risk register, risk matrices, and assessment criteria while developing Key Risk Indicators (KRIs) to track exposure against predefined thresholds. Provide executive management with periodic risk reports and insights to inform strategic decisions.
• Risk Appetite and Governance: Collaborate with leadership to define and refine the group’s risk appetite and tolerance levels, ensuring alignment with corporate objectives and regulatory requirements.
• Investment and Capital Project Analysis: Evaluate risks associated with investments, portfolios, and major capital projects, offering independent assessments of feasibility studies, financial analyses, and proposed initiatives.
• Scenario and Stress Testing: Conduct scenario analysis, sensitivity analysis, and stress testing to anticipate market fluctuations, economic shifts, and their potential impact on the group’s performance and investments.
• Compliance and Control: Monitor adherence to risk limits, policies, procedures, and internal controls, while ensuring compliance with relevant laws, regulations, and governance frameworks.
• Risk Mitigation and Early Warning: Develop and implement proactive risk-mitigation strategies to minimize potential losses and enhance risk-adjusted returns. Establish early-warning mechanisms to identify emerging risks before they escalate.
• Cross-Functional Collaboration: Partner with finance, investment, internal audit, compliance, legal, and operational teams to integrate risk management into all facets of the business. Supervise and mentor the risk management team, fostering a culture of accountability and continuous improvement.
• Policy and Tool Development: Contribute to the creation of risk policies, methodologies, systems, and reporting tools, ensuring they are robust, user-friendly, and aligned with industry best practices.
• Contract and Regulatory Review: Assess major contracts and agreements from a risk perspective, while staying abreast of regulatory changes and their implications for the group.

This role is ideal for a visionary leader with a passion for risk management who thrives in a dynamic, high-stakes environment. Your ability to translate complex risk data into actionable insights will be instrumental in shaping the future of this organization.

Qualifications and Experience

The ideal candidate will possess:

• A Bachelor’s degree in Finance, Accounting, Risk Management, Business Administration, or a related discipline, with a Master’s degree in a relevant field being highly preferred.
• Minimum of 8 years of experience in enterprise risk management, financial risk analysis, or investment risk assessment, with a strong preference for candidates with experience in investment, real estate, property management, contracting, or construction sectors.
• A professional certification such as FRM (Financial Risk Manager), CFA (Chartered Financial Analyst), SOCPA (Society of Chartered Property Accountants), or an equivalent qualification, demonstrating expertise in risk or finance.
• Proven expertise in quantitative and qualitative risk assessment, executive reporting, and the development of risk management frameworks tailored to large-scale organizations.
• Exceptional analytical, communication, and leadership skills, with the ability to present complex risk insights clearly and persuasively to senior stakeholders.
• Fluency in both Arabic and English, with strong written and verbal communication skills essential for cross-functional collaboration.

If you are a strategic risk professional eager to make an impact in a forward-thinking organization, we invite you to apply and be part of our journey toward sustainable growth and resilience.