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This position is a seconded position to the Royal Commission Crisis and Disaster Management Department. The role will be dependent on the need of the Royal Commission into the future.

The person appointed will work within the Crisis & Disaster Management Department (CDMD).

• The role is to provide technical Risk Management (RM) expertise, advice and guidance to the Royal Commission RM Section.
• The purpose of the Section is to implement a RM strategy and structure across Royal Commission Jubail (RCJ) and Royal Commission Ras-Al-Khair (RC RIC).
• Within that role the following tasks will be expected to be delivered:
• Oversee the coordination and development of organization wide risk management plans.
• Provide detailed advice on risk management best practice to the whole organization from Departments to the C-Suite.
• Lead in the implementation of a Risk management system across 2 major organisations.
• Developing risk management frameworks. Review and enhance existing risk management systems, ensuring compliance with local and national regulatory requirements.
• Tracking metrics: Define and report on key risk indicators and performance measures to highlight emerging issues and trends.
• Engaging stakeholders: Act as a trusted advisor, providing training and fostering accountability across teams.
• Assist in obtaining ISO 31000 certification for RCJ. Assist in maintaining ISO 31000 certification for RC RIC.
• Develop and deliver training materials and presentations to internal and external groups.
• Reporting capability: Demonstrated experience creating tools, frameworks, and dashboards.
• Leads risk mitigation and response protocols according to the latest trends and best practices if faced with a crisis.
• Engages in continuous personal learning and development that enhances individual performance and organization capabilities.

• Bachelor’s degree in business or related field with 10-13 of relevant experience or 14-17 years of relevant work experience.
• Experience in operational Risk Management essential. Ideally in the context of a large diverse organization.
• Extensive knowledge across the following resilience fields: Business Continuity and Crisis Management.
• Experience in planning and program management.
• Skill in oral and written communication. Fluency in English Language mandatory.
• Ability to provide strong, active leadership to adopt and enforce a consistent approach that nurtures a culture of quality, creativity, innovation and empowerment.
• Emotionally mature and intelligent with ability to train, coach and develop direct reports, peers and colleagues.
• Able to work in a culturally diverse environment.

• Knowledge of industry/ regulatory codes and standards.
• Experience with risk assessment and risk management. Ability to manage a large number of Risk Registers.
• Familiarity with ISO 31000 certification process.
• Familiarity with emergency evacuation and shelter plans, crisis communications procedures and business continuity management.
• Experience working in KSA or Middle East, preferable.
• Successful implementation of mentoring programs for young career minded professional.
• Hands-on approach, solution and delivery oriented.

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably. Click here to learn more about the people who power our legacy.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to

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.

Department:
Risk Management

Employment Type:
Full Time

Location:
KSA

Reporting To:
Ahmed Almughriyah

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.

Key Responsibilities

• 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.
• Conduct Risk Assessments
• Perform risk assessments to evaluate potential risks and vulnerabilities.
• Assist in developing risk mitigation plans and strategies.
• Compliance Monitoring
• Ensure compliance with relevant regulations and industry standards.
• Assist in preparing compliance reports and maintaining documentation for audits.
• 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.
• 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.
• 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.
• 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.

Skills, Knowledge & Expertise

• 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.

Job Benefits

Title: Risk Management Specialist

Requisition ID: 5363

Overview
Complex
President Complex
Department
Risk Management
Division/ Section
Credit & Investment Risk
Country
Saudi Arabia
Location
Jeddah, Kingdom of Saudi Arabia
Job Grade
E2
Contract Type
Fixed Term
Closing Date
14-Oct-2025

Job Purpose
In collaboration with the Lead/Senior Specialist, the role supports the Bank's strategic objective of maintaining a sound and resilient portfolio by undertaking independent risk assessment of sovereign, financial institutions (FIs), sukuk investments, and investments in equity and funds. The role also requires participation in developing and updating risk assessment policies and guidelines and monitoring their effective implementation. This role is further responsible for monitoring and reporting on changes in risk profile of the sovereign and FI counterparts and also ensuring that the Bank's internal rating models are kept updated with the latest market & macro-economic data.

Key Accountabilities
Credit and Investment Risk Assessment:

• Undertake risk review of sukuk investment proposals reflecting transaction structure, credit risk, comparable yields, compliance with limits and the liquidity management policies and guidelines.
• Undertake risk assessment of financial institutions including initiating the internal rating using the applicable model; and also calculating the initial limits in compliance with the guidelines.
• Prepare financial institutions risk assessment notes for trade finance exposure addressing strengths and weaknesses in asset quality, capital adequacy, liquidity, profitability and corporate governance.
• Initiate the internal rating estimation for sovereign obligors using the Bank's approved sovereign rating model and guidelines.
• Participate in the risk review of proposals for investments in equity and funds.
• Participate in developing and updating credit and investment risk management framework including risk assessment guidelines for financial institutions, project and corporate finance, country risk and investments in equity and funds.
• Monitor regularly the movement in the risk profile of the sovereign and FI counterparts in terms of changes in ratings and economic profiles and prepare reports highlighting the changes and the underlying key drivers.
• Participate in Users Acceptance Test (UAT) for any update and change related to internal rating models.
• Support the senior team members in updating the Loss Given Default Models (LGD) for Country Risk & Financial Institutions.
• Update regularly the ratings of the banks and financial institutions acceptable for placement of IsDB liquid funds.

Operational Excellence

• Monitor the effective implementation and adherence to respective risk management policies and guidelines.
• Keep abreast of the latest developments, regulations and leading practices in the field of credit and investment risk management.
• Contribute to the preparation of the annual work plan and financial budget for the Credit & Investment Risk Division and monitor actual expenditure against the approved budget, including support of risk reporting requirements.

Academic And Professional Qualifications

• Bachelor's degree in Economics / Finance / Risk Management / Mathematics / Business Administration or related discipline. Master's Degree is preferable.
• Professional certifications like CFA/PRM/FRM/CQF or equivalent is preferred.
• Minimum 5 years of relevant experience in Credit Risk management. Experience of Credit Risk management in a multilateral development bank is highly preferable.
• Languages: English: Mandatory | Arabic: Preferred | French: Preferred

Skills & Necessary Knowledge

• Risk Rating Systems (PD & LGD Models).
• Database Management for Credit Risk Systems
• Risk Assessment skills.
• Asset Valuation Techniques.
• Credit Risk Management.
• Credit Risk Evaluation.
• Governance, Risk and Control.
• Analytical Thinking.
• Problem Solving

About Application Process
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):

• Resume/CV
• Copy of passport
• Academic certificate

If you are currently an IsDB Regular staff applying for this role and get selected through the competitive selection process; your current contract type and other terms and conditions will remain unchanged.

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants' bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.

Requisition ID:

• Relocation Authorized: International - Single
• Telework Type: Full-Time Office/Project
• Work Location: Jubail

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.

Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver.

Jubail is one of Bechtel's most remarkable achievements—a city built from the sand up, requiring vast resources and logistical planning on an unprecedented scale. It the biggest civil engineering project in modern times—and it's getting bigger. Bechtel has managed the Jubail project, located in the Eastern Province of Saudi Arabia, since it began in the mid-1970s. Saudi Arabian Bechtel Company (SABCO) serves as the Management Services Contractor (MSC), or "owner's representative" for our client, the Royal Commission (RC). We are the Engineering, Procurement, and Construction (EPC) managers, managing design submissions from local AE firms, and overseeing the actual construction work being performed by local contractors and sub-contractors in Jubail and Ras-Al-Khair Industrial Cities. In June 2021, Bechtel's contract with the Royal Commission was renewed for another 5 years with work focusing on building new residential communities, iconic buildings/ bridges, major site preparation, commercial buildings, mosques, schools, hospitals, sports facilities, clinics, universities, utility services and infrastructure (electrical sub-stations, lift stations), roads and highways, port & pipeline expansions, and more.

This position is a seconded position to the Royal Commission Crisis and Disaster Management Department. The role will be dependent on the need of the Royal Commission into the future.

The person appointed will work within the Crisis & Disaster Management Department (CDMD)

• The role is to provide technical Risk Management (RM) expertise, advice and guidance to the Royal Commission RM Section.
• The purpose of the Section is to implement a RM strategy and structure across Royal Commission Jubail (RCJ) and Royal Commission Ras-Al-Khair (RC RIC).
• Within that role the following tasks will be expected to be delivered:
• Oversee the coordination and development of organization wide risk management plans.
• Provide detailed advice on risk management best practice to the whole organization from Departments to the C-Suite.
• Lead in the implementation of a Risk management system across 2 major organisations.
• Developing risk management frameworks. Review and enhance existing risk management systems, ensuring compliance with local and national regulatory requirements.
• Tracking metrics: Define and report on key risk indicators and performance measures to highlight emerging issues and trends.
• Engaging stakeholders: Act as a trusted advisor, providing training and fostering accountability across teams.
• Assist in obtaining ISO 31000 certification for RCJ. Assist in maintaining ISO 31000 certification for RC RIC.
• Develop and deliver training materials and presentations to internal and external groups.
• Reporting capability: Demonstrated experience creating tools, frameworks, and dashboards.
• Leads risk mitigation and response protocols according to the latest trends and best practices if faced with a crisis.
• Engages in continuous personal learning and development that enhances individual performance and organization capabilities.

• Bachelor's degree in business or related field with 10-13 of relevant experience or 14-17 years of relevant work experience.
• Experience in operational Risk Management essential. Ideally in the context of a large diverse organization.
• Extensive knowledge across the following resilience fields: Business Continuity and Crisis Management.
• Experience in planning and program management.
• Skill in oral and written communication. Fluency in English Language mandatory.
• Ability to provide strong, active leadership to adopt and enforce a consistent approach that nurtures a culture of quality, creativity, innovation and empowerment.
• Emotionally mature and intelligent with ability to train, coach and develop direct reports, peers and colleagues.
• Able to work in a culturally diverse environment.

• Arabic speaker very desirable.
• Knowledge of industry/ regulatory codes and standards.
• Experience with risk assessment and risk management. Ability to manage a large number of Risk Registers.
• Familiarity with ISO 31000 certification process.
• Familiarity with emergency evacuation and shelter plans, crisis communications procedures and business continuity management.
• Experience working in KSA or Middle East, preferable.
• Successful implementation of mentoring programs for young career minded professional.
• Hands-on approach, solution and delivery oriented.

For decades, Bechtel has worked to inspire the next generation of employees and beyond Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth.

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to

Job Summary:

We are seeking a motivated and detail-oriented Risk Specialist to join our Risk Management team. The ideal candidate will have a strong foundation in either finance or accounting and a keen interest in identifying and mitigating potential risks. This entry-level position is perfect for recent graduates or individuals with up to one year of relevant experience.

Key Responsibilities:

• Risk Assessment:
  Assist in identifying, analyzing, and evaluating risks across the organization.
• Data Analysis:
  Collect and analyze financial and operational data to identify risk trends and patterns.
• Reporting:
  Prepare reports and presentations for management on risk exposures and mitigation strategies.
• Compliance:
  Ensure compliance with regulatory requirements and internal policies related to risk management.
• Collaboration:
  Work closely with various departments to promote a culture of risk awareness and compliance.
• Continuous Improvement:
  Participate in the development and implementation of risk management policies and procedures.

Qualifications:

• Education:
  Bachelor's degree in Finance, Accounting, or a related field.
• Experience:
  0 to 1 year of experience in risk management, finance, or accounting is preferred.

Job Title:
ERM – Enterprise Risk Management Subject Matter Expert

Location:
Al Khafji, Kingdom of Saudi Arabia

Job Type:
12-Month Contract (Renewable)

Job Overview:

We are seeking a seasoned
Enterprise Risk Management (ERM) Subject Matter Expert
with a minimum of
10 years of professional experience
, including
exposure to oil & gas projects
. The ideal candidate will lead the development and implementation of a robust, enterprise-wide risk management framework tailored to the complexities of the energy sector. This role is critical in identifying, assessing, and mitigating risks that could impact strategic, operational, financial, and reputational objectives.

Key Responsibilities:

• Design and implement a comprehensive ERM framework aligned with industry best practices and regulatory requirements.
• Identify, assess, and prioritize enterprise-level risks across all business units, with a focus on oil & gas operations.
• Develop and oversee risk mitigation strategies and contingency plans.
• Monitor and evaluate the effectiveness of risk controls and ensure continuous improvement.
• Prepare and present detailed risk reports to senior leadership and the board.
• Promote a risk-aware culture throughout the organization through training and stakeholder engagement.
• Integrate risk management into strategic planning and operational decision-making processes.
• Collaborate with cross-functional teams to ensure alignment of risk practices with business objectives.

Required Qualifications & Experience:

• Minimum 10 years of total professional experience
  , with at least
  5 years in ERM roles
  .
• Proven track record in
  risk management within oil & gas projects
  (upstream, downstream, or integrated operations).
• Strong understanding of industry-specific risks including HSE, regulatory compliance, asset integrity, and geopolitical factors.
• Experience working in multinational or regional energy companies is highly desirable.