99 Financial Compliance jobs in Saudi Arabia
Financial Crime Manager - Compliance
Posted 9 days ago
Job Viewed
Job Description
HSBC Saudi Arabia provides investment banking services to the full spectrum of corporate and institutional clients in both the private and government sectors, including public companies; private companies and establishments; funds; government agencies; and family businesses and offices.
Role PurposeThe job holder supports Senior Manager in meeting regulatory obligations by actively supporting the implementation of Sanctions policy, Anti Money Laundering (AML), and Counter Terrorist Financing (CTF) in compliance with CMA rules and regulations.
Working closely with the Manager, Brokerage, Asset Management, Investment Banking & HSS. In the execution of AML duties, the job holder must independently handle tasks assigned and be able to make decisions within their designated authority. The job holder must independently analyze and critically evaluate responses without much supervision and escalate as appropriate.
Principal AccountabilitiesKey activities and decision making areas
- Providing support and direction on FC Compliance for all HBSA business lines, particularly relating to KYC and Customer Due Diligence requests.
- Reviewing any new/amended material laws, rules and regulations and HBSA policies, assess their applicability to the business areas and guide the business accordingly, ensuring all appropriate processes and procedures are amended to comply.
- Communicate with CMA and other regulatory authorities, and resolve queries or issues raised by them, if required.
- Assist in audit committees, and assist with remediation and other action to address FC gaps identified during assurance and regulatory reviews.
- Ensure that an effective Compliance training program is implemented in HSBC SA.
- Make recommendations for onboarding of all new and retention of existing high-risk rated customers.
- Review quality and completeness of customer due diligence (CDD) and enhanced due diligence (EDD) information in accordance with the AML Policy and Line of Business Procedures.
- Escalate all negative hits or Sanctions exposure or AML exposure to the Risk Reputational Client Selection Committee to obtain approval.
- Support efforts to proactively drive the KYC improvements to support sanctions compliance.
- Provide support to the FC function for implementing an effective FC framework and controls to protect the bank from potential losses.
- Provide support on any FC related project as required.
- Review reports and make recommendations and follow up for corrections and remedial actions.
- Assist with completion of AML, Sanction, AB&C, Tax Evasion, Internal and External Fraud and Market Surveillance action, register, reporting requirements, including but not limited to half-yearly certifications, monthly reports, issue reports, and reportable event escalation, in a timely and comprehensive manner.
- Review quality and completeness of customer records in accordance with the sanction & AML policy and line of business procedures.
- Conduct effective and timely investigations into assigned cases in accordance with agreed standard reporting requirements and service level agreements.
- On receipt of a referral, conduct a review to identify probable financial crime related issues or mitigation of financial crime risks.
- Write a high-quality investigative narrative (Investigation Report) and record the case history, with supporting findings, in an approved case management system.
- Escalate at the first reliable indication of financial crime risk to the Senior Manager of FC unit for consideration of reporting.
- Manage Oracle Watchlist Screening (OWS) referrals in line with Name Screening and investigative reporting instructions.
- Manage the SAS Transactions monitoring system alerts and discount low-medium risk issues with rationale justifications as a Level 1 action.
- Escalate all high risk alerts/issues to the line manager (Level 2) for decision taking.
- Provide back-up coverage for leave and vacation as needed.
- Provide support on any FC related project as required.
- Review reports and make recommendations and follow up for corrections and remedial actions.
- Have access to group systems and implement all needed reports.
- Update the FC packs for all local committees and regional committees.
- Responsible for all FC risk controls in the Helios system.
- Have access to the Helios System and review submitted risks from the business.
- Support/oversight of daily trade and communications surveillance across Covered Business lines.
- Oversight of Transactions monitoring across all covered business lines.
- Assess testing the adequacy of controls in place within Covered Business.
- Manage ad-hoc trading reviews, including trends and analysis of unusual trading activity.
- Assist with the implementation and rollout of a new surveillance / market abuse monitoring tool.
- Update the Watchlist immediately and complete required investigations.
- Interact with HSBC SA Senior Management for escalating compliance-related issues/requests, if required.
- Interact with all Departments/Businesses to develop action plans and responses to regulatory authorities.
- Coordinate with CMA for responding or resolving queries/issues.
- Network with Regulatory Authorities to maintain relationships, resolve compliance-related concerns, and stay abreast of new developments.
- The jobholder will ensure the fair treatment of customers is at the heart of everything we do, both personally and as an organisation.
- The jobholder will reassess operational risks in conjunction with entity management, considering changing conditions, legal and regulatory requirements, procedures, restructurings, and technology.
- Oversee to ensure risks are captured, monitored and reported, including timely follow-up resolutions and escalation of breaches when required.
Qualifications:
- Bachelor’s degree in Law, Accountancy, Business Administration or relevant field from an accredited University
- Master’s Degree in Risk Management is preferred
- Certified Bank Compliance Officer (CBCO), Certified Regulatory Compliance Manager (CRCM), or Certified Regulatory and Compliance Professional (CRCP) is advantageous.
Experience:
- 3 - 5 years of relevant experience in a similar role
- Prior experience in Compliance and Risk Management in the banking/financial sector is preferred
- Some understanding of local CMA regulatory framework and regulations
- Good communication skills both oral and written
- Ability to manage conflicting priorities effectively and meet challenging deadlines
- Team player who focuses on delivery and continuous improvement
- Ability to assess business needs and apply regulatory knowledge when providing advice
*Please note that this job ad will close in 3 weeks (10/09/2025)
Seniority level- Associate
- Full-time
- Other
- Industries: Financial Services and Investment Banking
Note: Referrals increase your chances of interviewing at HSBC. This description is for a Compliance Manager role in Riyadh, Saudi Arabia.
#J-18808-LjbffrReal Estate Financial Accounting Compliance Director - Saudi National
Posted 24 days ago
Job Viewed
Job Description
Are you a highly experienced professional with a strong background in real estate and financial compliance? Do you have a solid grasp of financial reporting, regulatory compliance, audit regulations, and legal compliance? We are seeking a Saudi National who meets these qualifications to lead the Client's Real Estate Financial Accounting Department. Role Description: As the Real Estate Financial Accounting Compliance Director, you will play a crucial role in leading the Real Estate Financial Accounting Department. Your responsibilities include overseeing regulatory compliance, financial reporting, real estate operations, and engagement with construction entities. This is an executive-level position, requiring strong managerial skills to lead the department effectively.
Requirements
Key Qualifications and Experience: - Educational Qualification: A bachelor's degree in Finance or a related field. - Experience in Real Estate: A minimum of 15 years of experience with a strong background in the real estate industry. - Corporate Background: Significant experience in corporate management, including an understanding of corporate policies and procedures. - Audit and Regulatory Knowledge: A solid overview understanding of financial accounting, audit regulations and compliance. - Legal Acumen: An understanding of legal regulations related to the real estate industry. - Government Engagement: Familiarity with the ministries relevant to the real estate and financial institutions, such as the Ministry of Housing, Ministry of Municipal and Rural Affairs, and Ministry of Economy and Planning.
About the company
The name MENASA originates from both the geographical region of Middle East, North Africa & South Asia as well as the Arabic word for platform or stage. We provide the platform for employers to approach the best global talent available. Menasa & Partners is a privately owned, fully licensed, Executive Search company head-quartered in Dubai, UAE. From our head office in Dubai we are ideally placed to assist organizations in the global search for talent. We specialize in providing companies not only with suitable individuals to work in their organizations but also offer unparalleled knowledge of the global markets. Our staff all have in depth knowledge of their vertical markets therefore offering tailored strategic advice.
Risk Management Advisor
Posted today
Job Viewed
Job Description
Job Description
About Us :
Kaizen is the Number 1 Recruitment Leader in the MENA region and works on placing high-caliber professionals in prominent and lucrative roles across the Middle East & GCC.
The Client :
Established in 1841, it is the world’s leading source of business information and insights, enabling companies to Decide with Confidence. It operates responsibly in 64 countries across the Middle East, South Asia, Africa, and the Indian Ocean / Pacific Islands regions.
Job Description :
We are looking for a high-performing Sales Consultant based in KSA to meet our customer acquisition and revenue growth targets by keeping our company competitive and innovative.
Duties and Responsibilities :
- Be responsible for Business Development in the assigned region.
- Build, maintain, and manage key relationships.
- Devise and execute appropriate marketing and promotional efforts.
- Achieve growth and meet sales targets successfully.
- Set objectives for each client offering.
- Build and promote strong, long-lasting customer relationships by partnering with clients and understanding their needs.
- Present sales, revenue, expenses reports, and realistic forecasts to the management team.
- Identify emerging markets and market shifts while being fully aware of new products and competition.
Skills & Competencies :
- Successful previous experience as a sales representative or sales executive, consistently meeting or exceeding targets.
- Ability to communicate, make presentations, and influence credibly and effectively at all levels of the company.
- Proven ability to drive the sales process from planning to successful closure.
- Strong business sense and diverse industry expertise.
- Good communication and interpersonal skills.
- Excellent networking skills.
Qualifications :
- Preferably Bachelor's or Master's degree in Business Administration or a related field from a reputed institute.
Experience :
- Preferably 3+ years of B2B corporate sales experience.
Next Steps :
When you apply for this position, a consultant from Kaizen Firm will evaluate your resume for this role and consider you for other relevant positions that match your interests, expertise, and skill set. Your CV may be stored in our protected applicant tracking system, but your information will never be disclosed without your permission. You can browse a wide range of employment opportunities and manage your personal data rights at any time via
Requirements :
Sales
#J-18808-LjbffrRisk Management Manager
Posted 3 days ago
Job Viewed
Job Description
Note: This section has been reformatted for clarity and readability.
OverviewResponsible for identifying, assessing, and mitigating risks that could impact the organization's operations, reputation, or financial standing. Develops risk management policies and procedures, conducts risk assessments, monitors compliance, and provides strategic advice to senior management. Ensures risks are properly controlled and aligned with organizational objectives, industry standards, and regulatory requirements.
Responsibilities- Manages insurance procurement, develops and implements risk management and compliance policies/procedures, and manages claims and litigation.
- Identify, analyze, and evaluate potential risks (operational, financial, strategic, compliance, reputational).
- Conduct regular risk assessments across departments and projects.
- Design risk mitigation plans and ensure appropriate actions are taken to minimize exposures.
- Monitor and report on risk exposures and trends to senior leadership.
- Evaluates and provides recommendations regarding selection of policies, including but not limited to: Property, Casualty, General Liability, Workers’ Compensation.
- Coordinate with internal departments (finance, operations, HR, safety, legal) to embed risk management practices.
- Maintain compliance with relevant local and international regulations (e.g., ISO 31000, COSO ERM Framework).
- Participate in risk management training sessions and workshops to promote a risk-aware culture.
- Train and educate staff on risk awareness and management practices.
- Act as a liaison with external auditors and regulatory bodies regarding risk management compliance.
- Support business continuity planning and crisis management activities.
- Review contracts and agreements to identify potential risks and liabilities.
- Engage with external stakeholders like insurers, auditors, and regulatory bodies.
- 7 years of experience in Risk Management field or similar field.
- Strong knowledge of risk management frameworks (e.g., ISO 31000, COSO ERM).
- Proficient in risk assessment tools, report writing, and data analysis.
- Qualification: Bachelor degree in Risk Management, Business, or related field.
- Professional Certificate: Certified Risk Manager (CRM) or similar Certification.
- IRMCert ISO 31000 Lead Risk Manager.
- Initiative
- Excellent English
- Good presenting
- Proficiency in risk management software and tools
- Negotiation
- Professionalism
- Customer Focus
- Honesty
- Communication
- Accountability
Risk Management Supervisor
Posted 4 days ago
Job Viewed
Job Description
Overview
The Risk Supervisor will oversee the company’s enterprise risk management framework, ensuring risks are identified, assessed, monitored, and mitigated effectively in line with business objectives.
Key Responsibilities- Develop, implement, and monitor risk management policies, processes, and reporting frameworks.
- Conduct risk assessments across departments and projects.
- Maintain the corporate risk register and ensure timely updates.
- Collaborate with business units to identify, evaluate, and mitigate operational, financial, and strategic risks.
- Prepare risk reports and present findings to management.
- Support awareness and training initiatives to promote a risk-conscious culture.
- Bachelor’s in Business, Finance, Risk Management, or related field.
- 5+ years of relevant risk management experience.
- Strong analytical, problem-solving, and reporting skills.
- Knowledge of ISO 31000 or COSO frameworks.
- Excellent communication in Arabic and English.
- Mid-Senior level
- Full-time
- Administrative
- Insurance, Hospitality, and Wellness and Fitness Services
Risk Management Analyst
Posted 4 days ago
Job Viewed
Job Description
Join to apply for the Risk Management Analyst role at Tweeq
Join to apply for the Risk Management Analyst role at Tweeq
Department: Risk Management
Location: KSA
About the role:
The Risk Management Analyst will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.
The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.
Key Responsibilities
1. Assist in Risk Management Processes
- Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
- Assist in the development and implementation of risk management strategies and frameworks.
2. Conduct Risk Assessments
- Perform risk assessments to evaluate potential risks and vulnerabilities.
- Assist in developing risk mitigation plans and strategies.
3. Compliance Monitoring
- Ensure compliance with relevant regulations and industry standards.
- Assist in preparing compliance reports and maintaining documentation for audits.
4. Data Analysis and Reporting
- Analyze risk data and generate reports to support decision-making processes.
- Monitor key risk indicators and prepare regular reports for senior management.
5. Support Business Continuity Planning
- Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
- Participate in BCP and DRP testing and updates.
6. Collaboration and Communication
- Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
- Communicate risk findings and recommendations to relevant stakeholders.
7. Continuous Improvement
- Contribute to the continuous improvement of risk management processes and practices.
- Stay updated on emerging risks and industry trends to provide timely insights.
- At least 3 years of experience in risk management or a related field.
- Experience in conducting risk assessments and developing risk mitigation strategies.
Skills and Competencies
- Strong analytical skills with the ability to interpret complex data.
- Excellent communication and interpersonal skills.
- Proficiency in risk management tools and software.
- Ability to work collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational skills.
Technical Expertise
- Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
- Understanding of compliance requirements and industry regulations.
- Seniority level
- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Finance and Sales
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#J-18808-LjbffrDirector - Risk Management
Posted 4 days ago
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Job Description
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
Referrals increase your chances of interviewing at Visa by 2x
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Director - Risk Management
Posted 7 days ago
Job Viewed
Job Description
Company Description 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.
Job Description
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.
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
Additional Information
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.
Risk Management Analyst
Posted 8 days ago
Job Viewed
Job Description
About the role:
The Risk Management Analyst will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.
The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.
- Department
- Risk Management
- Employment Type
- Full Time
- Location
- KSA
- Workplace type
- Onsite
- Reporting To
- Ahmed Almughriyah
1. Assist in Risk Management Processes
- Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
- Assist in the development and implementation of risk management strategies and frameworks.
2. Conduct Risk Assessments
- Perform risk assessments to evaluate potential risks and vulnerabilities.
- Assist in developing risk mitigation plans and strategies.
3. Compliance Monitoring
- Ensure compliance with relevant regulations and industry standards.
- Assist in preparing compliance reports and maintaining documentation for audits.
4. Data Analysis and Reporting
- Analyze risk data and generate reports to support decision-making processes.
- Monitor key risk indicators and prepare regular reports for senior management.
5. Support Business Continuity Planning
- Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
- Participate in BCP and DRP testing and updates.
6. Collaboration and Communication
- Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
- Communicate risk findings and recommendations to relevant stakeholders.
7. Continuous Improvement
- Contribute to the continuous improvement of risk management processes and practices.
- Stay updated on emerging risks and industry trends to provide timely insights.
- At least 3 years of experience in risk management or a related field.
- Experience in conducting risk assessments and developing risk mitigation strategies.
Skills and Competencies
- Strong analytical skills with the ability to interpret complex data.
- Excellent communication and interpersonal skills.
- Proficiency in risk management tools and software.
- Ability to work collaboratively in a team-oriented environment.
- Detail-oriented with strong organizational skills.
Technical Expertise
- Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
- Understanding of compliance requirements and industry regulations.
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About TweeqTweeq is a Saudi fintech on a mission to reshape how people manage their money. Now part of Tabby, the largest BNPL provider in the Middle East, we’re building the next generation of financial products for the Kingdom. From payments to everyday money management, our goal is to make financial services faster, smarter and more accessible for everyone in Saudi Arabia.
Our Hiring Process
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Stage 1:
Applied
Stage 2:
Review
Stage 3:
HR call @Tabby
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
Stage 1:
Applied
Stage 2:
Review
Stage 3:
HR call @Tabby
Stage 4:
Technical interview @Tabby
Stage 5:
Assessment
Stage 6:
Final interview @Tabby
Stage 7:
Hired
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Register Your Interest #J-18808-LjbffrDirector - Risk Management
Posted 8 days ago
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Job Description
Company Description 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.
Job Description
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.
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
Additional Information
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.