7 Risk Management Roles jobs in Jeddah

Role Name: Credit Risk Assessment Consultant – Auto Financing

Location: Saudi Arabia (Remote)

Work Week: Sunday – Thursday

Working Hours: 9:00 AM – 6:00 PM (Saudi Arabia Standard Time)

Role Summary: We are seeking a consultant to advise on the development of our auto-financing risk assessment logic, with a focus on affordability, creditworthiness, and data-driven decision-making.

• At least 7 years of experience in risk management, with a strong preference for backgrounds in consumer lending or auto-financing.
• Advise on DBR calculation, income/obligation evaluation, and risk tiers.
• Review and refine credit approval frameworks.
• Provide market and regulatory insight to guide model assumptions.
• Validate proposed policies against market data and SAMA expectations.
• Design customer segmentation logic based on risk and affordability profiles to guide product eligibility criteria.
• Collaborate with data and engineering teams to translate risk logic into actionable rule engines and scoring models.
• Define and monitor key credit KPIs, such as approval rate, default risk, early delinquency, and portfolio performance.
• Support stress testing scenarios to assess the resilience of credit models under macroeconomic shifts.
• Review third-party data sources (e.g., Open Banking, SIMAH, employer databases) for integration into credit decision-making.
• Ensure credit policies comply with evolving SAMA regulatory frameworks and align with Sandbox expectations.

1. Credit Risk Analysis:
   • Experience with consumer credit evaluation , ideally in auto-financing or personal loans
   • Understanding of DSR (Debt Service Ratio) , loan-to-value , credit scoring models , and affordability checks
   • Ability to design or review credit policies for used cars, salaried vs. self-employed, etc.
2. Familiarity with SAMA Regulations:
   • Working knowledge of SAMA’s financing regulations , including Fair Credit Terms , KYC , AML , and consumer protection
   • Understanding how credit decisions must align with regulatory compliance in KSA
3. Data & Tech Fluency:
   • Comfort working with credit data inputs from:
   • SIMAH / Bayan Credit Bureau
   • Open Banking APIs (e.g., income and obligation analysis)
   • Can work with or define eligibility models , and help refine your risk engine logic
   • Familiarity with basic Excel modeling and tools like Power BI / Looker / Metabase for analyzing credit outcomes
4. Process & Workflow Design:
   • Experience designing or reviewing credit approval workflows (manual or automated)
   • Can define stages like: pre-screening → document check → scoring, → final offer
5. Stakeholder Alignment:
   • Able to collaborate with tech, ops, and compliance teams to ensure credit logic is embedded in product design
   • Experience working with LOS (Loan Origination Systems) or CRM systems is a plus

• Prior work at a BNPL, auto-leasing, or consumer finance company
• Can help with pilot program design to test risk logic in-market
• Familiarity with machine learning basics to support collaboration with data teams on smarter credit models

The Risk Management Manager is pivotal in safeguarding the organization’s assets and ensuring compliance with industry regulations. This role encompasses the identification, assessment, and mitigation of risks that could adversely affect the organization’s operations, reputation, or financial health. The manager will develop comprehensive risk management policies and procedures, conduct thorough risk assessments, monitor compliance, and provide strategic guidance to senior management. The objective is to ensure that risks are effectively controlled and aligned with organizational goals, industry standards, and regulatory requirements.

Responsibilities:

1. Oversee the procurement of insurance and develop risk management and compliance policies and procedures while managing claims and litigation processes.
2. Identify, analyze, and evaluate a wide range of potential risks, including operational, financial, strategic, compliance, and reputational risks.
3. Conduct regular risk assessments across various departments and projects to identify vulnerabilities.
4. Design and implement risk mitigation strategies, ensuring that appropriate actions are taken to minimize exposures.
5. Monitor and report on risk exposures and trends to senior leadership, providing insights for decision-making.
6. Evaluate and recommend insurance policies, including Property, Casualty, General Liability, and Workers’ Compensation, to ensure adequate coverage.
7. Collaborate with internal departments such as finance, operations, HR, safety, and legal to integrate risk management practices into daily operations.
8. Ensure compliance with relevant local and international regulations, including ISO 31000 and the COSO ERM Framework.
9. Facilitate risk management training sessions and workshops to foster a culture of risk awareness throughout the organization.
10. Educate and train staff on risk management practices and the importance of risk awareness in their roles.
11. Act as a liaison with external auditors and regulatory bodies to ensure compliance with risk management standards.
12. Support business continuity planning and crisis management initiatives to prepare for unforeseen events.
13. Review contracts and agreements to identify potential risks and liabilities associated with business operations.
14. Engage with external stakeholders, including insurers, auditors, and regulatory bodies, to maintain effective risk management practices.

Preferred Candidate:

1. Proven experience in risk management within the manufacturing sector.
2. Strong analytical and problem-solving skills.
3. Excellent communication and interpersonal skills.
4. Ability to work collaboratively in a team environment.
5. Detail-oriented with a focus on compliance and regulatory requirements.
6. Proficiency in risk management software and tools.
7. Strong leadership abilities to guide teams through risk management initiatives.
8. Ability to adapt to changing environments and emerging risks.
9. Commitment to continuous professional development in risk management practices.
10. Strong ethical standards and integrity in managing sensitive information.

Skills

• In-depth knowledge of risk management frameworks and methodologies.
• Experience with risk assessment tools and techniques.
• Strong understanding of manufacturing processes and operational risks.
• Excellent report writing and presentation skills.
• Proficient in data analysis and risk modeling.
• Familiarity with regulatory compliance standards in the manufacturing industry.
• Ability to lead training sessions and workshops on risk management.
• Strong negotiation skills for dealing with external stakeholders.

The Risk Management Manager is responsible for leading the identification, assessment, monitoring, and mitigation of risks across the organization in alignment with the company’s Enterprise Risk Management (ERM) framework. The role ensures compliance with laws, regulations, and governance requirements of a publicly listed entity in Saudi Arabia, including Capital Market Authority (CMA) guidelines and Tadawul listing rules. It plays a critical part in preparing accurate and transparent risk disclosures for the annual Board of Directors report, in line with best practice corporate governance standards.

• Lead the implementation, maintenance, and continuous improvement of the organization’s ERM framework, policies, and procedures.
• Embed risk management practices into strategic planning, operational execution, and decision-making across all business units.
• Conduct periodic reviews of the ERM framework to align with regulatory changes and industry best practices.
• Coordinate enterprise-wide risk identification workshops and assessments with business and functional leaders.
• Maintain a comprehensive risk register covering financial, operational, strategic, compliance, reputational, ESG, and cyber risks.
• Assess risks based on likelihood, impact, and velocity, prioritizing in line with risk appetite and tolerance levels.
• Partner with functions to develop and implement mitigation strategies, controls, and contingency plans.
• Monitor key risk indicators (KRIs) and escalate emerging risks to senior management and the Board Risk Committee.
• Conduct follow-up reviews to ensure mitigation actions are implemented effectively and on time.
• Ensure risk practices comply with CMA, Tadawul listing rules, and Saudi Corporate Governance Regulations.
• Support audits related to risk management and coordinate alignment with compliance and internal audit teams.
• Prepare regular risk reports for senior management and the Board Risk Committee.
• Lead preparation of the risk section of the Annual Board Report, ensuring compliance with disclosure requirements.
• Oversee the Business Continuity Plan (BCP) and Crisis Management Framework, including testing and maintenance.
• Coordinate crisis responses to minimize operational and reputational impacts.
• Deliver risk awareness training and workshops to promote a risk-aware culture.
• Build strong relationships with regulators, external advisors, and stakeholders while staying ahead of emerging risk trends.
• Represent the company in external forums on risk management and governance.

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Professional certifications preferred: CFA, FRM, CRM, CPA, or equivalent.
• 7–10 years of experience in risk management, internal audit, or financial control, preferably in a publicly listed company or regulated industry.
• Strong knowledge of CMA guidelines, Tadawul listing rules, and Saudi Corporate Governance Regulations.
• Expertise in Enterprise Risk Management (ERM) frameworks and risk assessment methodologies.
• Strong analytical and problem-solving skills with the ability to assess and prioritize risks.
• Proficiency in developing risk registers, KRIs, dashboards, and reports.
• Experience in business continuity planning and crisis management frameworks.
• Strong stakeholder management and relationship-building skills.
• Excellent presentation, reporting, and communication skills for Board and executive audiences.
• High level of integrity, discretion, and professionalism in managing sensitive information.
• Bilingual proficiency in Arabic and English (written and spoken).

Location : Dammam

Education: Bachelor’s degree in Information Technology, IT Security, Computer Information Systems, or equivalent

Experience: Minimum 3–5 years of solid experience in Risk Management, Technology Risk, Information Security, or IT

Monthly Salary Package : 10,000 – 25,000 SAR (Max)

Qualifications :

• Information Assurance Certifications preferred : CISSP, CISA, Security+, GSEC, CRISC, or equivalent
• Strong verbal and written communication skills (English & Arabic)
• Excellent knowledge of Microsoft Office (Word, Excel, PowerPoint), internet, and email
• Solid knowledge of automated reporting systems & project management
• Experience with Key Risk Indicators (KRIs) and Technology Risk reporting preferred
• Ability to interpret regulations and communicate effectively across all levels
• Strong presentation and teamwork skills
• Results-driven and detail-oriented

Language Requirements : English & Arabic

• Conduct IT systems reviews to identify and assess risks with remediation recommendations
• Provide assurance of effectiveness and efficiency of IT control environments across all IT domains and business areas
• Monitor and follow up on threat indicators, exploits, and vulnerabilities for timely remediation
• Support incident response and provide consolidated IT risk progress reports to management
• Prepare consolidated IT risk reports and dashboards for Technology Risk & Committees
• Document and maintain IT risk reports, SOPs, and departmental outputs
• Identify top critical IT risks and recommend frameworks to capture and govern risks
• Review and recommend improvements for IT risk measurement techniques (e.g., RCSAs)
• Act as focal point with ERM, IT Governance & Compliance, Information Security, and IT for risk reporting & remediation
• Participate in IT and digital risk tools / systems implementation with project teams and digital transformation division

Work Pattern : In person

Interview : Remote

Join to apply for the Security Risk Management Specialist role at Canonical .

In security risk management we're looking to harness the power of industry best practice combined with driving new innovation on how we do security risk assessments and modelling. Our security risk management team is the primary owner of the strategy and practices of how we identify, track and reduce our security risk across everything we do. To support this we use industry best practices paired with emerging threat information to promote risk identification, quantification, impact analysis, and modelling to drive decision making. In this role you will help establish and execute a broad strategic vision for the security risk program at Canonical. You will work within the team and cross-functionally with various teams across the organisation. The team contributes ideas and requirements for Canonical product security, improving the resilience and robustness of all Ubuntu customers and users subject to cyber attacks. The team collaborates with our Organisational Learning and Development team to develop playbooks and security training across Canonical.

The security risk management team's mission is not only to secure Canonical, but also to contribute to the security of the wider open source ecosystem. They may share knowledge through public presentations and industry events, and share threat intelligence with the wider community or represent Canonical in sector-specific governance bodies.

• Define Canonical's security risk management standards and playbooks
• Analyse and improve Canonical's security risk practices
• Evaluate, select and implement new security requirements, tools and practices
• Grow the presence and thought leadership of Canonical security risk management practice
• Develop Canonical security risk learning and development materials
• Work with Security leadership to present information and influence change
• Participate in developing key risk indicators, provide inputs to the development of key control indicators, and key performance indicators for various programs
• Apply statistical models to risk frameworks (such as FAIR, sensitivity analysis, and others)
• Participate in risk management, decision-making, and collaborative discussions
• Lead quantified risk assessments and understand the value of qualitative data for improvements to quality and engineering processes
• Interpret internal or external cyber security risk analyses in business terms and recommend a responsible course of action
• Develop templates and materials to help with self-service risk management actions
• Monitor and identify opportunities to improve the effectiveness of risk management processes
• Launch campaigns to perform security assessments and help mitigate security risks across the company
• Build evaluation methods and performance indicators to measure efficiency of security functions and capabilities

• An exceptional academic track record
• Undergraduate degree in Computer Science or STEM, or a compelling narrative about your alternative path
• Drive and a track record of going above-and-beyond expectations
• Deep personal motivation to be at the forefront of technology security
• Leadership and management ability
• Excellent business English writing and presentation skills
• Problem-solver with excellent communication skills, a deep technical understanding of security assessments and risk management
• Expertise in threat modelling and risk management frameworks
• Broad knowledge of how to operationalize the management of security risk
• Experience in Secure Development Lifecycle and Security by Design methodology

• Distributed work environment with twice-yearly team sprints in person
• Personal learning and development budget of USD 2,000 per year
• Annual compensation review
• Recognition rewards
• Annual holiday leave
• Maternity and paternity leave
• Employee Assistance Programme
• Opportunity to travel to new locations to meet colleagues
• Priority Pass, and travel upgrades for long haul company events

Canonical is a pioneering tech firm at the forefront of the global move to open source. As the company that publishes Ubuntu, one of the most important open source projects and the platform for AI, IoT and the cloud, we are changing the world. Canonical has been a remote-first company since its inception in 2004. Working here challenges you to think differently, work smarter, learn new skills, and raise your game. Canonical is an equal opportunity employer.

We recruit on a global basis and set a very high standard for people joining the company. We expect excellence. Whatever your identity, we will give your application fair consideration.

• Entry level

• Full-time

• Finance and Sales

• Software Development

Overview

Senior Risk Management Specialist – Market & Model Risk | Islamic Development Bank (IsDB)

Location: Jeddah, Headquarter, Saudi Arabia | Job Grade: E3 | Contract Type: Fixed Term | Closing Date: 20-Oct-2025

The purpose of the job is to manage the implementation and execution of the bank’s model risk management framework. This includes participating in the implementation of model risk management policies and procedures, performing ongoing model risk monitoring, undertaking model validation, identifying and reporting on model risk, and maintaining a model inventory.

• Formulate and quantify model risk appetite.
• Develop and maintain the Model Risk Management policy, management directives, procedures, and guidelines.
• Maintain and update the model risk monitoring tools, systems, and methodologies to ensure ongoing quality of model risk management processes.
• Independently review financial and risk models in use by the Bank and periodically perform independent model validation of these models.
• Perform independent model risk assessment and model performance monitoring in accordance with the defined model risk appetite and the pre-defined model performance targets.
• Review model development and redevelopment/re-calibration proposals from model owners.
• Perform periodic procedural compliance on model development and management process within the Bank along with review of adequacy and comprehensiveness of model documentation with the approved policy, directives and guidelines and highlight deviations with recommendations to achieve compliance.
• Undertake ongoing management of model tiering, perform model risk assessments, and maintain model inventory, model documentation, model performance reports and model validation reports.

• Provide technical guidance and review the work delivered by less experienced team members.
• Monitor the effective implementation and adherence to respective risk management policies, procedures, and controls so that all relevant procedural/legislative requirements are fulfilled.
• Keep abreast of the latest developments, regulations and leading practices in the field and propose any necessary actions.
• Propose and implement process improvements to increase efficiency, effectiveness, and compliance of the related operations.

• Bachelor’s Degree in a Quantitative Science (Finance, Economics, Mathematics, Statistics, Actuarial Science, Financial Engineering or similar).
• Professional certifications like CFA/PRM/FRM/CQF would be preferred.
• Advanced programming skills using statistical/mathematical software.
• Proficiency in SAS, MATLAB, R, Python, VB or other statistical modeling. Software and database management languages such as SQL Database.
• Minimum 8 years of relevant experience in a financial modelling or risk management function, of which at least 3 years in Model Risk, preferably in a Multilateral Development Bank.
• Languages: English: Mandatory; Arabic: Preferred; French: Preferred.

• Risk Assessment and Risk Quantification skills
• Quantitative Analytical skills
• Asset Valuation Techniques
• Familiarity with External Rating Methodologies
• Governance, Risk and control
• Islamic Finance
• Stress Testing
• Analytical Thinking
• Problem Solving
• Attention to detail
• Stakeholder Management
• MS Office

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 and does not request information on applicants’ bank accounts. IsDB declines all responsibility for fraudulent publications of job posts or job offers in its name or for the fraudulent use of its name in any way.