54 Aviation Safety jobs in Saudi Arabia

Support in establishing and maintaining high oversight mechanism standards on the Investment, Treasury and Project Operations Financing portfolios of the Bank to keep a watchful eye on the performance, risk, and compliance. This is achieved through (a) effective monitoring and reporting process in close coordination with the relevant stakeholders, (b) robust internal control practices for proper fiduciary and risk oversight, and (c) smooth, streamlined, and well-designed processes to proactively manage risks including quality assurance, systems and tools, monitoring & data, and proper reconciliation with the Bank’s financials. The incumbent shall possess strong IT skills and the ability to work with databases and files to ensure that a solid foundation of consistent data is in place and contribute to developing robust reconciliation, monitoring, and reporting tools.

Corporate Middle Office (CMO)

1. Support the independent valuation function on OCR and other funds.
2. Monitor the security and collateral/guarantees valuations and the Loan to Value (LTV) ratio on a periodic basis.
3. Provide support in developing robust tools to ensure data integrity, reconciliation for consistency across the systems and the Bank financial statements; and assist in establishing a series of regular reports (on performance, risk, and compliance) on Bank-wide portfolios (Investments, Treasury, and Operations).
4. Maintenance and custody of risk management master data and ensure unique identification for obligor across all relevant systems.
5. Ensure that the relevant IsDB databases are accurately and timely updated.
6. Propose and implement process improvements to increase efficiency, effectiveness, and compliance of the related operations.
7. Contribute to the automation of the CMO process for time-saving and minimizing operational risks.

Bachelor's degree in Economics/Finance/Risk Management/Mathematics/Business Administration or related discipline.

Minimum 3 years of relevant experience in the Banking industry.

Analytical Thinking.

French - Preferred.

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application, you would need the following document(s):

Oversee the Bank activities including investment, treasury and project operations financing portfolios to identify gaps and provide a macro view of the financial, compliance, and risk status of the overall Bank’s portfolio. This is achieved through (a) effective monitoring and reporting process in close coordination with the relevant stakeholders, (b) robust internal control practices for proper fiduciary and risk oversight, and (c) smooth, streamlined and well-designed processes to proactively manage risks including quality assurance, systems and tools, monitoring & data, and proper reconciliation with the Bank’s financials.

Corporate Middle Office (CMO):

1. Support formulation and maintenance of Bank-wide Valuation Policy on assets and security collaterals in line with the best business practices.
2. Perform the independent valuation function on OCR and other funds.
3. Coordinate with the Financial Control Department in finalization of quarterly valuation and impairment for financial statements and ensure proper reconciliation of the NAV reported in the Bank’s financials with the actual investments data (including those provided by the custodians for the managed accounts under EFM; i.e. External Funds Managers).
4. Ensure regular monitoring of security and collateral / guarantees valuations and the Loan to Value (LTV) ratio on a periodic basis.
5. Ensure adherence for the funds managed/administered by Investment Department to the applicable and relevant investment policies.
6. Perform the performance, risk and compliance monitoring and reporting activities on Bank-wide investment (mainly Equity, Managed Accounts under EFM, PE Funds), project operations (mainly project financing extended to the Bank’s member-countries) and Treasury (Liquidity Management).
7. Ensure Pre-Trade and Post Trade Investment Compliance checks are performed on non-Treasury Investments.
8. Perform detailed and comprehensive reporting on a periodic as well as adhoc basis.
9. Perform execution of IFRS-9 Expected Credit Loss models for quarterly reporting and analytics and provide assistance to Financial Control Department for impairment and provisioning calculations for all financing and investment operations.
10. Ensure maintenance and custody of risk management master data and ensure unique identification for obligor across all relevant systems.

Operational Excellence and Support:

1. Ensure that the relevant IsDB databases are accurately and timely updated.
2. Propose and implement process improvements to increase efficiency, effectiveness and compliance of the related operations.

Bachelor's degree in Economics / Finance / Risk Management / Mathematics / Business Administration or related discipline.

Professional certifications like CFA/PRM/FRM/CQF or equivalent is preferred.

Minimum 5 years of relevant experience in Risk Management Function, of which at least 2 years in Investment oversight, Market Risk, Control, Monitoring and Reporting, preferably in a Multilateral Development Bank or a Multinational Bank.

1. Governance, Risk and Control, Attention to detail.
2. Analytical Thinking.
3. Problem Solving.
4. Sound understanding of Accounting principles (IFRS).
5. Ability to read and understand financial statements.

French - Preferred

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

Overview:

The Risk and Compliance Specialist will play a crucial role in assessing and mitigating risks within SIO. This position requires assessing potential risks and methods of avoidance, preparing plans to address emergencies ,and the ability to develop and implement effective risk management strategies.

Responsibilities:

• Conduct studies and assessments to develop the strategic plan for risk management.
• Develop, implement, and oversee compliance policies and procedures to ensure adherence to legal and regulatory requirements.
• Develop mechanisms, insurance systems, and strategic plans to prevent and mitigate risks.
• Design and implement risk management systems and controls.
• Conduct regular audits and assessments to identify potential compliance risks and provide recommendations for improvement.
• Assess and classify risks based on their impact, identifying potential risks and strategies for avoidance and prevention.
• Analyze crises and potential risks, devising response methods and rapid recovery strategies.
• Prepare plans to ensure business continuity in emergency situations, particularly those that could disrupt operations and interests.
• Identify necessary measures to mitigate potential risks, design risk management policies and procedures, and implement them to prevent identified risks.
• Review risk management operations and evaluate policies and procedures to ensure accuracy and effectiveness.
• Monitor and report on compliance issues, ensuring prompt resolution and documentation.
• Stay up-to-date with changes in laws, regulations, and industry standards to keep compliance practices current.
• Collect and analyze data, preparing necessary reports to support decision-making processes.
• Collaborate with various departments to ensure compliance standards are understood and met across the organization.
• Perform any other tasks assigned in the field of risk management.

Qualifications:

• Bachelor's degree in business administration, Engineering, or a related field. Master degree is preferred.
• 4+ years of experience in risk management, compliance, or a similar role.
• Professional certification in the field is preferred.
• Excellent analytical skills and attention to detail.
• Proficiency in both Arabic and English, spoken and written.
• Proficient in using Microsoft tools and/or relevant software.

Company Description

Al-Balad Al-Ameen is a closed joint stock company established by Royal Decree in 2009. As the investment arm of the Municipality of Makkah, the company manages an extensive land bank of over 60 million square meters within the Holy City. Al-Balad Al-Ameen focuses on development and urban regeneration projects, contributing to the growth and modernization of Mecca.

Role Description

This is a full-time on-site role for a Risk Management Officer located in Mecca. The Risk Management Officer will be responsible for identifying, assessing, and mitigating enterprise risks. Daily tasks include ensuring regulatory compliance, conducting risk assessments, developing risk management strategies, and analyzing financial data to guide risk-related decision-making.

Qualifications

• Proficiency in Market Risk and Enterprise Risk Management
• Strong understanding of Regulatory Compliance
• Exceptional Analytical Skills
• Knowledge of Finance principles and practices
• Excellent written and verbal communication skills
• Ability to work collaboratively with cross-functional teams
• Bachelor's degree in Risk Management, Finance, Business Administration, or a related field
• Professional certifications in risk management are a plus

Join to apply for the Director - Risk Management role at Visa

Join to apply for the Director - Risk Management role at Visa

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Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Visa is a world leader in payments and technology, with over 259 billion payments transactions flowing safely between consumers, merchants, financial institutions, and government entities in more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable, and secure payments network, enabling individuals, businesses, and economies to thrive while driven by a common purpose – to uplift everyone, everywhere by being the best way to pay and be paid.

Make an impact with a purpose-driven industry leader. Join us today and experience Life at Visa.

Visa’s Global Risk organization is seeking a dynamic Director to join its team and lead Digital Payment risks management across Saudi Arabia, Bahrain and Oman.

This role serves as the face of Risk with external obligation to ensure Visa’s interactions with clients, partners, merchants, regulators and other third parties on risk-related matters are well informed, effective, and collectively moving the Visa ecosystem towards a stronger state. Internally, the Risk Management Director’s obligation is to leverage their market knowledge and presence to ensure Visa’s risk related policies, programs and frameworks are aligned with current and future business demands.

The Director role provides deep insights, thought leadership and support against a broader set of risk related issues and activities, including client fraud and approval optimization, credit settlement risk, anti-money laundering, deployment of Visa’s Risk solutions, the use of third parties and deployment of emerging technologies.

The Director will serve as the risk leader and advisor to the KBO business and GCC & CEMEA Risk leadership teams and will play a vital role in shaping the risk management landscape in a rapidly growing cluster.

Reporting directly to the Senior Director, Risk, GCC, this role requires frequent collaboration with internal stakeholders across the GCC and CEMEA regions, and extensive external engagements with clients, partners, government and other payment industry stakeholders.

As an individual contributor, this role requires a highly self-motivated individual, with the skills and ability to work with a diverse set of stakeholders across the Saudi Arabia, Bahrain and Oman cluster.

Five core principles provide a foundation for our work in Risk Management:

Market Knowledge: Maintain a heightened awareness of the country or regional business environment, the payment system and other risks to clients operating in each market, and the past and present tactics being deployed to mitigate these risks.

Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the same area in order to maximize long-term growth.

Relationship Management: Engage key stakeholders (clients, partners, law enforcement, government and others) to secure support for Visa’s goals and address identified risks.

Thought Leadership: Differentiate Visa by demonstrating thought leadership to payment system stakeholders on risk issues, pulling from local, regional, and global sources. As a Risk Vanguard within the cluster work with Risk to identify new & novel methods used by criminals to target clients or stakeholders and build customized and innovative risk offerings by aligning with internal stakeholders to disrupt emerging fraud & security vulnerabilities affecting the Payments Industry

Communication: Ensure strong communication and provide marketplace feedback around Visa’s risk related programs and policies, and other activities

Key Responsibilities:

• Ecosystem Risk Management: Maintain a heightened awareness of the country or regional business environment, payment systems, and other risks to clients operating in each market. Stay informed about past and present tactics used to mitigate these risks. Monitor local risk-related trends and developments, such as fraud schemes, regulatory changes, and key developments required to enhance the risk profile of partners and clients as well as Visa’s risk posture. Take the lead in protecting the payment ecosystem by proactively managing Visa’s Ecosystem Integrity programs with internal and external stakeholders.
  
  

• Business Alignment: Align Visa’s risk-related objectives and activities with Visa’s business goals in the region to optimize long-term growth and ensure that risk management strategies support and enhance the overall business strategy.
  
  

• Risk Relationship Management: Engage key stakeholders, including clients, law enforcement, government, and other relevant entities, to secure support for Visa’s goals and address identified risks. Be the primary Visa risk expert advisor to key clients in the market. Drive customized risk engagements and provide focus to key clients, fintechs, merchants, and emerging payment stakeholders. Develop and execute a client engagement plan and materials to help clients optimize fraud performance, determine the type and frequency of engagements.
  
  

• Thought Leadership: Differentiate Visa by demonstrating thought leadership on risk issues to payment system stakeholders. Participate in and orchestrate industry forums (e.g., clients, law enforcement, regulators, industry participants), and consumer awareness campaigns of payment system stakeholders to drive greater awareness and support for Visa’s payment system risk strategy. Be the point of reference in all risk-related engagement with regulatory and industry bodies. Differentiate Visa as a digital payments leader by providing clients and other stakeholders with value-added insights, best practices, conducting onsite market fraud prevention seminars (or webinars), and educational materials.
  
  

• Communication: Ensure effective communication and provide marketplace feedback regarding Visa’s risk-related programs, policies, and other activities. Maintain transparency and keep all relevant parties informed about risk management initiatives and outcomes.
  
  

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

• Has led underwriting operations for SME, Retail or corporate lending for a large Financial Institution for a minimum of 3 years, taking accountability for application processing and credit decisioning functions
• Led the underwriting of merchants for a large acquirer including client risk assessment and due diligence, onboarding
• Strong understanding of and experience managing acquiring risk with hands-on experience improving the acquiring risk posture of an entity.
• Experience in managing fraud risk, transaction monitoring operations, application fraud assessment, and suspicious transaction review.
• Good understanding of Anti-Money Laundering policies and operational processes
• Assessed impact of regulation on business or operations, responsible for responding to regulatory requirements, and participated or led responses to regulatory supervision or scrutiny.
• Experience with maximizing portfolio performance within the confines of local regulation.

Required

• Master’s degree required with 10+ years of progressive risk management experience working in the payment services or financial industry
• Strong understanding of the inter-dependency between Credit, Operational, Strategic and Cybersecurity Risks
• Understanding of current and emerging payment system risk trends across Middle East & Africa
• Ability to influence at senior levels both internally and externally.
• Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action.
• Detail orientation and strong analytical skills, willingness to offer thought leadership, to think creatively, and to offer new ways to approach old problems
• Flexibility and ability to think creatively and to identify new ways to approach old problems.
• Ability to identify and pursue multiple initiatives simultaneously and deliver superior results.
• Exceptional project management and reporting skills. Strong proficiency with project management tools (i.e. Microsoft Project, Visio, PowerPoint). Proven ability to prioritize deliverables and projects to meet timelines efficiently, to adapt to changes in priorities quickly and manage multiple initiatives simultaneously to drive projects to completion and deliver quality materials under tight deadlines
• Experience determining when to escalate to management and identifying the right stakeholders for decision making
• Excellent collaboration and communications skills with experience in influencing, communicating and driving change through cross-functional groups, including the ability to diplomatically build consensus across disparate views
• Positive, proactive, solution-oriented problem solver who gets things done within a matrix organization
• Experience in preparing, and reviewing, and delivering (concise) executive level communications
  
  

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

• Seniority level Director

• Employment type Full-time

• Job function Other
• Industries IT Services and IT Consulting

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Riyadh, Riyadh, Saudi Arabia SAR30,000.00-SAR32,000.00 1 month ago

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Direct message the job poster from NADEC Foods

JOB PURPOSE:

• To execute risk management operations including but not limited to setting risk context; performing risk assessments to identify, analyze and evaluate risk; and developing risk treatment plans in order to keep NADEC’s residual risk exposure within the tolerable limits set by NADEC’s leadership.
• To support in defining department’s objectives and formulation of Risk strategy; implement good governance around department’s affairs as well as promote risk culture across NADEC.

KEY ACCOUNTABILITIES:

Governance

• Participate in setting-up and implementing good governance around risk management department including development, update and implementation of risk management policies and procedures, risk management framework and risk management strategy.
• Engage in risk workshops on periodic basis with relevant stakeholders to identify, recognize and describe risks that might help or prevent NADEC from achieving its objectives.
• Maintain and update the risk registers in coordination with designated GRC partners from each function/department.
• Support in performing risk analysis by comprehending the nature of risk and its characteristics with a detailed consideration of uncertainties, risk sources, consequences, likelihood, events, scenarios, controls and their effectiveness
• Support business decisions comparing the results of the risk analysis with the established risk criteria to determine where additional action is required.
• Assist in development and monitoring of risk treatment plans for addressing risk.
• Promote innovation and automation to increase effectiveness and efficiency of NADEC’s risk management operations.
• Strive to foster and nurture a risk culture across NADEC where risk is discussed openly and considered everyone's job.
• Adhere with direction for the development and implementation of organizational unit’s policies, systems, processes and procedures, identifying potential areas of improvement to ensure efficient and effective operation.
• Comply with corporate requirements on adherence to policies, procedures and instructions related to all relevant regulatory directives to ensure a safe and risk-free environment.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Education and Certifications

• Bachelor’s Degree in Business, Finance, Actuarial science or any related field
• Professional certification (i.e. CA, ACCA, CIA, GRCPA, or CRMA etc. is Preferred)

Experience:

• 2-3 years of experience in a relevant field

Skills:

• English (Written and Spoken)
• Arabic (Written and Spoken)
• Communication
• Microsoft Office
• Project Management

• Seniority level Entry level

• Employment type Full-time

• Job function Project Management, Strategy/Planning, and Management
• Industries Food & Beverages, Food and Beverage Services, and Food and Beverage Manufacturing

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• Conducting the quarterly risk reviews with the operational project entities.
• Conducting on-demand risk reviews with the operational project entities as specified according to the business needs.
• Maintaining the recording activities in accordance with the in-place practices.
• Adhering to the reporting timelines in line with the Board Risk Management Committee and business set schedules.
• Ensuring quality and accuracy of risk registers and reports.

• Monitoring the external and internal context via the specified channels.
• Communicating with relevant internal stakeholders for data acquisition and support related to risk management activities.
• Reporting uncertainties with potential influence on risks to the relevant internal stakeholders.
• Engaging in BU Operation periodic meetings to stay up to date and provide inputs where needed.

• Conducting risk aggregation from project level to the cluster level as well as from the cluster level to the BU level in line with the set methods.
• Performing the quarterly risk meetings with BU Operation and Operation Cluster head in preparation for the GEO Risk Committee.
• Performing risk quantification in line with the set methods.
• Preparing risk reports across the activities mandated by the reporting processes.
• Transitioning the risk management system for projects transitioning from construction to operation phase including risk register, risk management policy and procedure as well as risk reporting formats.
• Develop and periodically update the risk management policy and procedure for project companies in operation phase.
• Developing and leading the enhancement of risk management practices in line with the risk management framework, procedures and plans.
• Conducting risk management training workshops and sessions at project, cluster and GEO levels
• Onboarding new risk owners and risk champions for risk management.
• Visiting the project sites for familiarization and delivering risk management sessions to the project teams in coordination with risk owners and risk champions.
• Contributing to the overall risk culture and setting the tone in the area of scope.
• Supporting departmental periodic and on-demand activities.
• Enhancing the competency of direct reports and provide support and guidance.

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MBA/PG Diploma in Business Mgmt(Finance), Chartered Financial Analyst(Finance), Chartered Accountant(Chartered Accountant)

Nationality

Any Nationality

Any

Vacancy

1 Vacancy

Job Description

An exciting opportunity is available for Manager, Risk Management, located in Riyadh.

Report to: Chief, Risk, Insurance & Data Management.

Job purpose:

The incumbent provides managerial oversight for the following functions across TASNEE’s complex and diversified operations:

• Enterprise & Strategic Risk Management (ERM)
• Business Continuity and Resilience Management (BCRM)
• Ethics and Governance focused Corporate Programs

The focus is on implementing and executing risk management and business continuity and resilience processes, and defined ethics & governance focused corporate programs across the business. This includes leading the implementation of an enterprise and operational risk management as well as Business Continuity Management frameworks for TASNEE and promoting business resilience.

Role responsibilities:

Risk Management (Enterprise, Operational and Strategic Risk Management)

• Accountable for Planning, implementing, and overseeing risk management practices and programs across the business (Corporate & All SBUs).
• Develop, implement, and maintain ERM and ORM frameworks.
• Conduct risk assessments /evaluations, prepare risk reports for internal and external stakeholders.
• Identify, assess, prioritize, and mitigate enterprise-wide risks and operational risks.
• Develop and refresh Top and Emerging risks on a regular basis.
• Develop risk mitigation strategies and action plans.
• Help the key risk owners develop and implement risk-based controls.
• Work with the team to oversee the monitoring and testing of policies, procedures, and internal controls, conduct regular risk assessments, and monitor the implementation of corrective actions and escalate when appropriate.
• Monitor and report on risk exposure.
• Manage a team of technical risk analysts and provide leadership to cross functional risk management project teams.
• Assist management to improve risk treatment and business performance.
• Ensure the effective delivery of risk management policies, procedures, and standards.
• Ensure risk management team meets the expected performance and quality standards.
• Manage risk awareness and education workshops and trainings.
• Business Continuity and Resilience Management
• Own the Business Continuity & Resilience Program at Tasnee
• Lead the planning and execution related to Business Continuity Management (BCM)
• Develop and maintain business continuity plans.
• Manage and conduct business impact analyses.
• Ensure crisis management and incident response preparedness.
• Manage stakeholders across the SBUs and Support Functions and lead the periodic BC/DR exercises

Corporate Governance and Ethics Program

• Lead the efforts related to defining, managing and implementing following governance and ethics programs:
• Code of Business Conduct & Ethics,
• Conflict of Interest,
• Whistleblowing Program,
• Anti-corruption & Bribery,
• Insider Trading.
• Investigate whistleblower and ethical cases independently and prepare reports for presentation to the CEO, Risk & Governance Committee
• Effectively liaise with management and escalate to senior management when appropriate.

Additional Responsibilities:

• Provide risk management expertise to business units.
• Collaborate with internal audit and compliance functions.
• Develop and manage risk management budgets

Qualifications and Requirements:

• BA Degree in a relevant discipline
• Masters or Post Graduate qualification is a plus.
• CPA and/ or other professional designation is a plus
• 10+ years’ experience with Advanced Degree, including 5 years in a supervisory role in a complex and diverse organization
• Strong knowledge of risk management frameworks (e.g., COSO, ISO 31000) Managing People – collaborative person who could work with teams.
• Excellent organizational and relationship building skills.
• Demonstrated and superior written and oral communication skills.
• Extensive experience and knowledge of risk management, governance, and compliance - frameworks, methodologies, tools, systems, and techniques and applying risk management principles to enable the business to achieve strategic objectives.
• Technical expertise in quantitative modelling and analysis (such as Monte-Carlo, advanced data modelling), and other risk measurement, analysis, and oversight.

Job Segment: Risk Management, Internal Audit, Accounting, CPA, Manager, Finance, Management

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National Industrialization Company (TASNEE) was established in 1985, as the first Saudi private sector's fully owned joint stock industrial company, with the aim of advancing the economic diversification in Saudi Arabia. Driven by best business practices and the goal of achieving profitable and sustainable growth for its stakeholders and society at large, today Tasnee is one of Saudi Arabia's largest industrial companies and one of the world's largest investors in titanium dioxide.Tasnee is strongly committed to innovation and supports products innovation through its global research and development centers.Website:

National Industrialization Company

National Industrialization Company (TASNEE) was established in 1985, as the first Saudi private sector's fully owned joint stock industrial company, with the aim of advancing the economic diversification in Saudi Arabia. Driven by best business practices and the goal of achieving profitable and sustainable growth for its stakeholders and society at large, today Tasnee is one of Saudi Arabia's largest industrial companies and one of the world's largest investors in titanium dioxide.Tasnee is strongly committed to innovation and supports products innovation through its global research and development centers.Website:

Mr. Azizul

NA NA NA 0 NA P.O Box 26707, Riyadh Postal Code- 11496, Riyadh, Saudi Arabia

Visa s Global Risk organization is seeking a dynamic Director to join its team and lead Digital Payment risks management across Saudi Arabia, Bahrain and Oman.

This role serves as the face of Risk with external obligation to ensure Visa s interactions with clients, partners, merchants, regulators and other third parties on risk-related matters are well informed, effective, and collectively moving the Visa ecosystem towards a stronger state. Internally, the Risk Management Director s obligation is to leverage their market knowledge and presence to ensure Visa s risk related policies, programs and frameworks are aligned with current and future business demands.

The Director role provides deep insights, thought leadership and support against a broader set of risk related issues and activities, including client fraud and approval optimization, credit settlement risk, anti-money laundering, deployment of Visa s Risk solutions, the use of third parties and deployment of emerging technologies.

The Director will serve as the risk leader and advisor to the KBO business and GCC & CEMEA Risk leadership teams and will play a vital role in shaping the risk management landscape in a rapidly growing cluster.

Reporting directly to the Senior Director, Risk, GCC, this role requires frequent collaboration with internal stakeholders across the GCC and CEMEA regions, and extensive external engagements with clients, partners, government and other payment industry stakeholders.

As an individual contributor, this role requires a highly self-motivated individual, with the skills and ability to work with a diverse set of stakeholders across the Saudi Arabia, Bahrain and Oman cluster.

Five core principles provide a foundation for our work in Risk Management:

Market Knowledge: Maintain a heightened awareness of the country or regional business environment, the payment system and other risks to clients operating in each market, and the past and present tactics being deployed to mitigate these risks.

Business Alignment: Align Visa s risk-related objectives and activities with Visa s business goals in the same area in order to maximize long-term growth.

Relationship Management: Engage key stakeholders (clients, partners, law enforcement, government and others) to secure support for Visa s goals and address identified risks.

Thought Leadership: Differentiate Visa by demonstrating thought leadership to payment system stakeholders on risk issues, pulling from local, regional, and global sources. As a Risk Vanguard within the cluster work with Risk to identify new & novel methods used by criminals to target clients or stakeholders and build customized and innovative risk offerings by aligning with internal stakeholders to disrupt emerging fraud & security vulnerabilities affecting the Payments Industry

Communication: Ensure strong communication and provide marketplace feedback around Visa s risk related programs and policies, and other activities

Key Responsibilities:

Ecosystem Risk Management: Maintain a heightened awareness of the country or regional business environment, payment systems, and other risks to clients operating in each market. Stay informed about past and present tactics used to mitigate these risks. Monitor local risk-related trends and developments, such as fraud schemes, regulatory changes, and key developments required to enhance the risk profile of partners and clients as well as Visa s risk posture. Take the lead in protecting the payment ecosystem by proactively managing Visa s Ecosystem Integrity programs with internal and external stakeholders.

Business Alignment: Align Visa s risk-related objectives and activities with Visa s business goals in the region to optimize long-term growth and ensure that risk management strategies support and enhance the overall business strategy.

Risk Relationship Management: Engage key stakeholders, including clients, law enforcement, government, and other relevant entities, to secure support for Visa s goals and address identified risks. Be the primary Visa risk expert advisor to key clients in the market. Drive customized risk engagements and provide focus to key clients, fintechs, merchants, and emerging payment stakeholders. Develop and execute a client engagement plan and materials to help clients optimize fraud performance, determine the type and frequency of engagements.

Thought Leadership: Differentiate Visa by demonstrating thought leadership on risk issues to payment system stakeholders. Participate in and orchestrate industry forums (e.g., clients, law enforcement, regulators, industry participants), and consumer awareness campaigns of payment system stakeholders to drive greater awareness and support for Visa s payment system risk strategy. Be the point of reference in all risk-related engagement with regulatory and industry bodies. Differentiate Visa as a digital payments leader by providing clients and other stakeholders with value-added insights, best practices, conducting onsite market fraud prevention seminars (or webinars), and educational materials.

Communication: Ensure effective communication and provide marketplace feedback regarding Visa s risk-related programs, policies, and other activities. Maintain transparency and keep all relevant parties informed about risk management initiatives and outcomes.

This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.

Desired Candidate Profile

Qualifications

• Has led underwriting operations for SME, Retail or corporate lending for a large Financial Institution for a minimum of 3 years, taking accountability for application processing and credit decisioning functions
• Led the underwriting of merchants for a large acquirer including client risk assessment and due diligence, onboarding
• Strong understanding of and experience managing acquiring risk with hands-on experience improving the acquiring risk posture of an entity.
• Experience in managing fraud risk, transaction monitoring operations, application fraud assessment, and suspicious transaction review.
• Good understanding of Anti-Money Laundering policies and operational processes
• Assessed impact of regulation on business or operations, responsible for responding to regulatory requirements, and participated or led responses to regulatory supervision or scrutiny.
• Experience with maximizing portfolio performance within the confines of local regulation.

Required

• Master s degree required with 10+ years of progressive risk management experience working in the payment services or financial industry
• Strong understanding of the inter-dependency between Credit, Operational, Strategic and Cybersecurity Risks
• Understanding of current and emerging payment system risk trends across Middle East & Africa
• Ability to influence at senior levels both internally and externally.
• Excellent written, oral and presentation skills and an ability to synthesize complex and technical information into clear recommendations on course of action.
• Detail orientation and strong analytical skills, willingness to offer thought leadership, to think creatively, and to offer new ways to approach old problems
• Flexibility and ability to think creatively and to identify new ways to approach old problems.
• Ability to identify and pursue multiple initiatives simultaneously and deliver superior results.
• Exceptional project management and reporting skills. Strong proficiency with project management tools (i.e. Microsoft Project, Visio, PowerPoint). Proven ability to prioritize deliverables and projects to meet timelines efficiently, to adapt to changes in priorities quickly and manage multiple initiatives simultaneously to drive projects to completion and deliver quality materials under tight deadlines
• Experience determining when to escalate to management and identifying the right stakeholders for decision making
• Excellent collaboration and communications skills with experience in influencing, communicating and driving change through cross-functional groups, including the ability to diplomatically build consensus across disparate views
• Positive, proactive, solution-oriented problem solver who gets things done within a matrix organization
• Experience in preparing, and reviewing, and delivering (concise) executive level communications

Company Industry

• IT - Software Services

Department / Functional Area

• Finance
• Treasury

Keywords

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