37 Risk Control jobs in Saudi Arabia

Purpose of the Role:

This position entails recognizing and analyzing various financial risks such as market, credit, liquidity, and operational threats. It involves designing strategies to reduce these risks, developing tools for ongoing risk monitoring, and preparing periodic reports. Additionally, the role includes tracking financial market developments, assessing the credit risk of counterparties, managing liquidity concerns, and collaborating with finance teams to embed risk management practices into overall financial strategies.

Planning & Development

• Develop and lead the implementation of the department's strategy and operational plans, ensuring alignment with organizational goals.
• Serve as a subject matter expert, advising senior leadership on relevant areas to facilitate organizational success.

Performance Oversight

• Drive the achievement of departmental objectives by setting clear individual and team goals.
• Oversee performance management processes, motivate team members, and foster a high-performance culture.

People Strategy

• Lead talent development initiatives within the function, collaborating with discipline experts to ensure the availability of skilled professionals.
• Cultivate a positive, innovative, and inclusive work environment that supports continuous growth.

Financial Oversight

• Oversee the consolidation of the department's budget and monitor financial performance against targets.
• Identify areas of cost savings, revenue opportunities, and performance improvements to support financial health.

Compliance & Standards

• Develop, implement, and maintain policies, systems, and procedures to ensure compliance with legislative and procedural requirements.
• Promote consistent, efficient, and quality service delivery across all operational areas.

Operational Oversight

• Identify and assess various financial risks, including market, credit, liquidity, and operational risks.
• Develop and execute risk mitigation strategies, monitor key risk indicators, and produce periodic risk reports.
• Evaluate the creditworthiness of counterparties and monitor liquidity to ensure adequate funding.
• Collaborate with finance teams to integrate risk management into financial decision-making processes.

Qualifications & Experience:

• Bachelor's degree in finance, Accounting. (Master's is preferred)
• 10+ Years of experience in the same field.

Job Opening Date: (August 29, 2025)

Job Closing Date: (September 28, 2025)

About The Professionals:

Established in 2015 in Riyadh, Saudi Arabia, The Professionals has emerged as a leading management consulting firm in the region. Over the years, we have cultivated success by providing distinctive consulting services to partners across various industries. Our approach involves integrating global best practices with a deep understanding of local dynamics to meet our partners' business needs.

Job Purpose:

We are seeking a skilled and strategic
Director of Financial Risk and Insurance
to oversee our insurance and banking relations. This role requires exceptional organizational and financial management abilities, focusing on general, construction, asset, and property insurance, as well as medical and life insurance. One of our major clients is looking for a leader who can effectively manage their comprehensive insurance needs. The ideal candidate will manage various insurance programs, set sales objectives, and establish strong relationships with banking partners.

Key Responsibilities

Insurance Management:

• Oversee the management of Medical, Life, General, Construction, Asset, and Property Insurance programs.
• Develop risk management strategies to safeguard the organization's assets and employees.
• Formulate and implement insurance policies that comply with regulations and organizational standards.
• Prepare periodic insurance reports and conduct necessary analyses to support informed decision-making.
• Review and approve insurance invoices, coordinating with finance departments for efficient payment processing.
• Analyze insurance proposals and negotiate with insurers to secure optimal coverage under the best terms.
• Manage and monitor insurance claims to ensure timely processing and minimize losses.

Banking Relations:

• Act as the primary liaison between the company and key banking partners.
• Facilitate communication between Corporate Treasury and business units to ensure cohesion and efficiency.
• Assess, engage in, and report on banking relationships to senior management, aiding in business decision-making.

Conflict Resolution:

• Utilize interpersonal and conflict resolution skills to address disputes with insurance companies and brokers when necessary.

Financial Operations:

• Assist the department in the approval and release of wire transfers processed by the Treasury team.

Qualifications

• 8+ years of experience in financial risk management and insurance.
• Bachelor's degree in Insurance, Risk Management, or a related discipline; MBA is preferred.
• Demonstrated experience in medical, life, general, construction, asset, and property insurance.
• Strong knowledge of banking relations and treasury functions.
• Excellent communication and negotiation skills, with a proven ability to resolve conflicts effectively.
• Track record of establishing objectives and executing effective sales strategies.

What We Offer

• Competitive salary and comprehensive benefits package.
• Opportunities for professional growth and career advancement.

We are seeking a highly motivated and experienced Sr. Financial Crime Risk Analyst to join our team to support the Client in face of one of the top financial institutions in the region based in Riyadh. As a Sr. Financial Crime Risk Analyst, you will be responsible for assessing and analyzing financial risks associated with our clients' activities, identifying potential financial crime risks, and developing strategies to mitigate them.

Responsibilities

Conducting risk assessments to identify and assess financial crime risks associated with our clients' activities, including anti-money laundering (AML), fraud, and terrorist financing, in the context of banks and other financial institutions.

Developing and implementing risk mitigation strategies to ensure compliance with regulatory requirements and industry best practices for financial institutions and banks.

Conducting investigations into suspected financial crime activity within the banking and financial services industries and preparing reports for senior management and regulatory bodies on behalf of our clients.

Developing and delivering training programs on financial crime risk management specifically tailored to the needs of financial institutions and banks, to increase staff awareness and promote adherence to regulatory requirements.

Monitoring and reviewing transactions and other activities to detect potential financial crime activity, with a focus on identifying potential financial crime risks in the context of banks and other financial institutions.

Staying up-to-date with industry developments and regulatory changes related to financial crime risk management specifically in the banking and financial services industries.

Qualifications

• Deep knowledge of SAMA Compliance Requirements/Regulations
• Bachelor's or master's degree in a relevant field such as finance, economics, or business administration.
• Minimum of 3 years of experience in financial crime risk management, compliance, or a related field.
• Strong analytical and problem-solving skills.
• Experience with regulatory requirements related to financial crime risk management.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Professional certifications such as CAMS, CFE, or CFA are a plus.

When you work for us, you commit to a career at one of the largest and most prestigious professional services firms in the world. Looking for a rewarding career? Take a closer look at Deloitte & Touche ME. You'll understand that Deloitte is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).

A career in Risk Advisory is all about the challenge of helping our clients manage risk and uncertainty, from the boardroom to the network. The spectrum of risk is broad, and our core competencies encompass control assurance, internal audit, corporate governance consulting, risk management, regulatory consulting, and IT security services. To be a Risk Advisory professional with Deloitte & Touche Middle East means you will gain a wealth of experience across a wide spectrum of industries. Diversity is not just a part of the business landscape in the region but also an integral part of Deloitte & Touche Middle East. Just as we are committed to seeing our clients excel, we are committed to providing you with the right environment to learn and grow and to tailor a career to your needs.

Our Purpose

Deloitte makes an impact that matters. Every day we challenge ourselves to do what matters most—for clients, for our people, and for society. We serve clients distinctively, bringing innovative insights, solving complex challenges, and unlocking sustainable growth. We inspire our talented professionals to deliver outstanding value to clients, providing an exceptional career experience and an inclusive and collaborative culture. We contribute to society, building confidence and trust in the markets, upholding the integrity of organizations, and supporting our communities.

Our shared values guide the way we behave to make a positive, enduring impact:

• Lead the way
• Serve with integrity
• Take care of each other
• Foster inclusion
• Collaborate for measurable impact

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Link: Bryq assessment

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

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

We are seeking an experience
Legal GRC Risk Supervisor
that he will be a key member of the GRC team, responsible for overseeing the organization's
enterprise risk management (ERM)
program. This role involves the proactive
identification, assessment, and mitigation
of risks across all business units. The supervisor will lead a team of risk analysts, conduct in-depth risk analyses, and prepare comprehensive reports for management to support strategic decision-making and ensure the organization's resilience.

Key Responsibilities

• Risk Identification & Assessment:
  Supervise the process of identifying potential risks, including operational, financial, strategic, and reputational threats. Conduct quantitative and qualitative risk assessments to determine the probability and potential impact of identified risks.
• Risk Mitigation & Monitoring:
  Develop and implement effective
  risk mitigation strategies
  and internal controls to reduce exposure. Track and monitor the status of key risks and the effectiveness of control measures.
• Risk Reporting & Communication:
  Maintain and manage the corporate
  risk register
  , ensuring all information is accurate and up-to-date. Prepare and present regular risk reports to senior management, highlighting top risks and trends.
• Team Leadership:
  Lead, mentor, and provide guidance to a team of risk analysts. Assign tasks, manage project timelines, and ensure the team meets its objectives efficiently.

Qualifications and Skills

• Education:
  Bachelor's degree in a relevant field such as Business, Law, Finance, or a related discipline.
• Experience:
  Proven experience in a risk management, GRC, or internal audit role. Prior experience in a
  supervisory or leadership position
  is essential.
• Skills & Competencies:
  Strong analytical and problem-solving skills, with a deep understanding of
  risk management principles
  and methodologies (e.g., ISO 31000, COSO ERM).
• Certifications (Preferred):
  CRISC (Certified in Risk and Information Systems Control) or FRM (Financial Risk Manager).
• 5+ years of experience in Governance, Corporate Affairs, or Legal/Compliance.
• Strong knowledge of governance codes, corporate laws, and regulatory frameworks.
• Experience supporting Boards, Committees, or corporate secretarial functions.
• Excellent communication, drafting, and organizational skills.
• Bilingual (Arabic & English) preferred in GCC context.