Senior Risk Manager vacancy in Riyadh, Saudi Arabia (274jc)

My client, who is a major telecoms provider, is now seeking a Senior Risk Manager for their operations in Saudi Arabia, you will be reporting to the SAFARI Head of Capability.

Primary Objectives & Functions:
• Responsible for planning, designing and implementing business wide risk and compliance strategies, management processes, policies, and procedures to enable effective management decisions and reporting at all levels.
• Provides the support to the Management team on identifying and manage the business strategic risks.
• Provide support to project teams in the identification, assessment and management of risks during the proposal and project implementation phases.
• Responsible for ensuring the effectiveness of the risks’ mitigations and actions and assist the project team to develop their contingency plans.
• Maintain the centralised risk registrar for the business.
• Fully accountable for the identification, mitigation and management of risks associated with enterprise risk, corporate governance, regulatory and operational risk, business continuity, information and security risk, technology risk and market and credit risk.
• Develops, implements, and maintain the Business Continuity Plan for the Company.
• Ensures that the Company comply with all legal and contracted standards and in-house policies.
• Responsible for enforcing regulations in all aspects and levels of business as well as provide guidance on compliance matters.

Summary of Duties and Responsibilities:
• Continuous improvement for the business wide risk and opportunity management approach.
• Provide support, education and training relating to risk and compliance management to all staff across the business.
• Review corporate governance, involving external reporting to stakeholders.
• Audit the risk and opportunity policy and ensure compliance to appropriate standards, including liaison with internal and external auditors.
• Facilitate risk workshops for projects, support project teams with the establishment and management of risk registers; ensure the quality of risk data, describing and estimating the qualitative impacts.
• Support projects teams in estimating the quantitative impacts of risks for statistical analysis.
• Appropriate stakeholder reporting, ensuring the clear understanding and accountability for risks.
• Support the delivery of ERM reporting to stakeholder companies.
• Select and implement measures to control and mitigate risks including activities to avoid risks, transfer risks and finance risks.
• Provide the focal point and management expertise of all risks to the Company’s Customer, reputation, assets and interests of stakeholders.
• Collaborate with corporate team and HR departments to monitor enforcement of standards and regulations.

Contact with Others (Internal/External/Meetings):
The post holder will be expected to manage effective business relationships with a wide stakeholder group including senior officers of the UK MOD and Company’s corporate body and senior managers within the Company. In addition, the Risk and Compliance Manager will work closely with all members of the Programme UK MOD and Company projects teams where appropriate.

Judgement/Decision Making Authority (Specific Responsibilities):
Commensurate with the above duties and responsibilities as directed / delegated by the Head of PMO and BA.

Recruitment Specification (Knowledge & Experience):
Essential
• Bachelor’s Degree or equivalent in an appropriate discipline.
• Recognised Risk and Compliance Management qualifications (i.e. International Diploma/Certificate in Risk and Compliance Management).
• Proven track record of formulating and implementing risk management strategies and operating practices.
• Experience on using the Microsoft Project (MSP)
• Minimum of 10 years experience of setting up and managing risk management systems and standards within a large corporate organisation.
• Team leadership and Customer relationship management experience.
• High standard of written, spoken and presentational communication skills in English
• Expert knowledge of industry standard risk and compliance management and analysis software (i.e. Risk Decisions Predict!).
Desirable
• Certificate, Fellow or Member of the IRM (Institute of Risk Management).
• Prior working knowledge of Compliance with European Businesses.
• Working knowledge of Operational Risk Management.
• Business/acquisition experience in the Defence or Communication Sectors.
• Experience of living or working in the Middle East.

As this role is based in Saudi Arabia, candidates must meet all of the minimum qualifications as they are not bound by UK or EU Laws, also only individuals up to the age of 55 will be considered for any of these roles.

In return they are offering an excellent salary and benefits package for accompanied or unaccompanied personnel and of course the benefits package will be UK Tax Free, and due to the nature of this role, it is only open to UK or Saudi Nationals only.