Risk Manager

Job Details

Jeddah, Makkah, Saudi Arabia
Abdul Latif Jameel
Posted today
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Full Job Description

  • The ultimate purpose of the position is to protect ALJM from the risk impact and ensure ALJM is having the right measures in place as controls and actions to ensure continuity and business resiliency.
  • Responsible of ensure the implementation and realization of ALJ risk management framework and processes and ensure risk analyst team is performing up to the agreed performance criteria

Key Accountabilities: Description

Responsible of the deployment and execution of ALJ risk framework, overall risk management processes, and standard operating procedures (SOPs).

Support and facilitate the enrollment of risk management capabilities across ALJ Motors in line with the risk maturity levels and maturity improvement plans.

Facilitate the execution of risk management by enabling the business operational teams to identify, analyze, evaluate, treat, monitor, and report risks.

Participate and support in the development and execution of ALJ Motors risk strategies, annual plans, and risk improvement plan.

Design, plan, and implement department level risk review focus groups, and interviews for risk assessment (identification, analysis, and evaluation), and treatment.

Major Activities:

Participate in the development of the risk management plan, SOPs, and overall risk related activities.

Support and execute all related activities that designated to advance the ALJ Motors risk maturity.

Facilitate the preparation and execution of the risk identification, assessment, and treatment at the enterprise and department levels.

Analyze business environment at local and global levels to determines risks factors and trending risks.

Ensure business compliance to ALJ risk management framework, processes, and guidelines through reviews, monitoring risk, quality checks, enabling internal/external assessments, or other required means

Ensure the creation, assessment, and performance reporting of risk network from operations as risk owners, risk leads, risk champions, and subject matter experts

Track risks profiles qualities and provide the required support and guidance to business on how to improve the quality of risk profiles and their related RCAPs.

Support and help in the development of the required policies, procedures, and processes to enable ALJ risk management framework and overall risk management practice within business

Gather, aggregate, and analyze data from different sources to create risk context, identify risks, assess risks, and facilitate the development of relative controls and actions

Maintain, update, and report ALJ Motors risks and ensure their relativeness, and up-to-date state in terms of risk profiles, assessment, reviews, and controls/actions status

Ensure proper data handling and digital recording of risk artifacts, data, and analytical results within ALJ risk management system

Conduct quality reviews on risks profiles and their related RCAPs at department level

Job Context

  • The job influence management decisions with the risks insights and analytical results.
  • The job has direct impact on the level of urgency the departments and their heads should take for the identified risks.
  • The job has an impact on the business strategic directions and tactical plans
  • The job holder has the authority to report and escalate enterprise & departmental levels risks to management within the risk department.
  • The job has the authority to provide critical and confidential data & insight to departments heads and senior management within their respected areas.
  • The job holder is authorized to ensure the healthiness of ALJM risks profiles, assessments, treatments, and monitoring

Organizational / Functional Strategic Focus

  • The job holder plays critical role in influencing the organization maturity level for risk management.
  • The job holder influences the management strategic perspective by the strategic insight and data from risk point of view.
  • The job holder can create a level of urgency at the organization level for critical emerging risks with significant impact on ALJM

Minimum Qualifications

Bachelor’s degree in finance, management, or relative business areas

Minimum 4-6 years of experience in risk management or relative fields

Job-Specific Skills

•Time Management, Management of Personnel Resources, Monitoring and Implementation

•Active Learning, Stress Tolerance, Achievement/Effort, Awareness and Problem-Solving Skill

•Problem Sensitivity, Deductive Reasoning, Good knowledge of different business functions

Languages

Special Certifications / Membership

ISO 31000 certification or equivalent

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