12 Risk Professionals jobs in Jeddah

The Risk Officer plays a crucial role in identifying, assessing, and mitigating risks within the industrial production sector. This position is essential for ensuring that the organization operates within its risk appetite and complies with regulatory requirements. The Risk Officer will work closely with various departments to develop risk management strategies that protect the company's assets and reputation. This role requires a proactive approach to risk management, utilizing analytical skills to foresee potential issues and implement effective solutions.

Responsibilities

1. Identify and assess potential risks that could impact the organization’s operations and objectives.
2. Develop and implement risk management policies and procedures to mitigate identified risks.
3. Conduct regular risk assessments and audits to ensure compliance with internal and external regulations.
4. Collaborate with department heads to integrate risk management practices into their operational processes.
5. Prepare detailed reports on risk exposure and mitigation strategies for senior management.
6. Monitor industry trends and regulatory changes to adapt risk management strategies accordingly.
7. Facilitate training sessions for staff on risk awareness and management practices.
8. Act as a liaison between the organization and external stakeholders regarding risk management issues.
9. Develop contingency plans to address potential crises and ensure business continuity.
10. Evaluate the effectiveness of risk management initiatives and recommend improvements.

Preferred Candidate

1. Strong analytical and problem-solving skills.
2. Excellent communication and interpersonal abilities.
3. Proven experience in risk management or a related field.
4. Ability to work independently and as part of a team.
5. Detail-oriented with a strong focus on accuracy.
6. Proficient in risk assessment tools and methodologies.
7. Strong organizational and time management skills.
8. Ability to adapt to changing environments and priorities.
9. Knowledge of regulatory requirements in the industrial sector.
10. Professional certifications in risk management (e.g., CRM, FRM) are a plus.

Skills

• Risk assessment and management techniques.
• Strong analytical and quantitative skills.
• Proficiency in risk management software and tools.
• Excellent report writing and presentation skills.
• Knowledge of compliance and regulatory frameworks.
• Ability to conduct audits and assessments.
• Strong communication and negotiation skills.
• Project management capabilities.

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Our client, a leading conglomerate, is seeking a Risk Manager to join its legal team in Saudi Arabia.

Key Responsibilities

• Implement and maintain ERM policies, procedures and controls.
• Identify, assess and report investment, portfolio and enterprise risks.
• Advise Board, Audit and Investment Committees and executive management on risk and M&A.
• Ensure M&A and portfolio exposures remain within agreed risk tolerances.
• Build centralized risk management shared services and deploy GRC tools.
• Recruit, develop and manage the risk team; deliver training and address performance.
• Produce concise risk reports and dashboards for senior stakeholders.

Requirements

• Bachelor’s degree (Master’s preferred).
• 5+ years in risk management; strong exposure to investments/M&A and holding-company models.
• ERM framework expertise (COSO, ISO 31000).
• Certifications (CFA, FRM, PMI‑RMP, IRM) advantageous.
• Advanced GRC, risk modelling and data analytics skills.
• Strong stakeholder engagement, communication and leadership skills.
• Fluent in English and Arabic.

This is a confidential search conducted by JOH Partners. Interested candidates should apply directly to our team for a confidential discussion.

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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

Job Purpose

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.

Key Accountabilities

• 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.

Operational Excellence & Knowledge Share

• 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.

Academic And Professional Qualifications

• 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.

Skills & Necessary Knowledge

• 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

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 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.

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Safety & Risk Manager (Bakery business unit) | Jeddah, Saudi Arabia

The Company:

Almarai is the world’s largest vertically integrated dairy and the region’s largest food and beverage manufacturing and distribution company. Headquartered in the Kingdom of Saudi Arabia, Almarai Company ranked as #1 FMCG Brand in the MENA region and is market leader in all its categories across the GCC. Almarai currently employs over 40,000 employees servicing some 220,000 retail outlets across GCC, Egypt and Jordan and has reported net income of SAR 2.31 Billion on sales of SAR 20.97 Billion in 2024.

For more details, please visit our website –

About the Role:

The Safety & Risk Manager is responsible to eliminate or reduce to an acceptable level risks to the business and its employees by employing internationally recognized standard, job hazard analysis (JHA), risk assessment system and procedure, and educational programs.

Activities:

• Ensure fire fighting systems and equipment are maintained to ensure their suitability and fitness for use.
• Manage and monitor fire inspectors and the content and use of fire inspection checklists.
• Record and monitor accidents to identify trends and provide reports to concerned managers to prevent recurrence.
• Ensure fire-fighting team’s readiness for fire fighting activity and other emergencies.
• Conduct regular site hazards and risk inspection.

Requirement :

The potential candidates must meet the requirements mentioned below:

• NEBOSH (Level-3) International General Certificate (IGC)
• Minimum 5-8 years industrial health & safety experience with managing H&S team.
• Strong Interpersonal skills (Team Management, Strong Communication, Strong report writing skills and Analytical skills)
• Risk Assessment
• Permit to work system
• COSHH Program
• Fire Detection and Suppression System
• NFPA Standard
• H&S Auditing & Inspection
• Accident Investigation
• Good knowledge of local and international laws/standards ( NFPA, SBC, Saudi Civil Defense, MODON, HCIS)

Almarai offers a competitive package, generous leave, medical coverage, discretionary bonus, training, and development, etc.

This is a great opportunity to join a successful and expanding global business, offering an excellent remuneration and benefits package.

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RELEVANT EXPERIENCE: 3 years+ (with valid Saudi Iqama)

MANDATORY REQUIREMENTS:

• Experience in SAS programming language (SAS 9.4) or other programming languages such as Python or R
• Prior model development experience, including Logistic Regression, Decision Tree, XGBoost, and Random Forest, is a plus

PURPOSE OF JOB

TASKS

Core Responsibilities and Accountabilities

Non-technical

• Strong communication skills and ability to present findings to client stakeholders
• Experience in Financial Services, Banking, & Card Payments Industry is a plus
• Collaborate with cross-functional teams to understand business requirements
• Document all steps in the development process

Technical

• Experience in SAS (SAS 9.4) or other programming languages such as Python/R
• Prior predictive model development experience with Logistic Regression, Decision Tree, XGBoost, Random Forest is a plus
• Extract data from client source systems and perform data quality checks for model development
• Identify opportunities to innovatively use data and extract insights from complex data sets
• Identify credit policy recommendations through analysis of complex data sets

Cultural Fit

• Ownership mentality
• Problem-solving mindset, challenging the status quo
• Self-organizing, independent, and takes ownership of tasks
• Collaborate with MC global teams

KPIs:

• Business outcomes such as cross-sell, credit policy recommendations, credit limit optimization
• Coordinate with client teams for fast and smooth model deployment
• Proactiveness in responding to business needs
• Stakeholder Satisfaction - satisfaction level with models, reports, and insights
• Collaboration Effectiveness - measured via model accuracy, stability, and deployment time
• Data Security Compliance - adherence to data security protocols and regulations

Knowledge & Experience:

• 3+ years in a similar role, ideally within financial services
• Valid Iqama in Saudi Arabia is mandatory
• Good knowledge of data wrangling with SQL, SAS, Python, R
• Proficiency in SAS 9.4, Python, or R
• Prior model development experience with Logistic Regression, Decision Tree, XGBoost, Random Forest is a plus
• Strong communication skills, capable of presenting to senior stakeholders (non-technical)

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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.

Responsibilities

• 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.

Qualifications

• 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).

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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

Responsibilities

• 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

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Overview

Overseeing and managing risk and compliance activities within ALJ Enterprises, including its subsidiaries to ensure the effective implementation of compliance, risk management, and investigation activities within the organization through conducting audits, managing risks, and leading investigations to ensure adherence to legal and regulatory requirements, as well as internal policies and procedures.

Responsibilities

• Plan, manage, and perform specialized audits, including determining audit objectives and scope, identifying and assessing risks, developing time budgets and audit programs, and ensuring compliance with department engagement standards for each engagement.
• Using knowledge of area of expertise, perform examinations of specialized operations to determine compliance with all pertinent statutes, policies, procedures, effectiveness in meeting operational requirements, efficiency, and sound accounting principles and practices.
• Assist with the overall supervision of risk and compliance activities, including assisting with associate development, training, and evaluation, when required.
• Assist in the development of the annual audit plan, execution, monitoring, and risk assessment, especially for area(s) of expertise.
• Interview concerned associates to obtain complete and accurate information related to specialized investigations and/or operational reviews. Analyze/evaluate results of audits performed and develop recommendations to correct deficiencies.
• Prepare audit / investigation reports including recommendations for improved practices/procedures, with supporting data, and review findings/recommendations with the Risk & Compliance team members.
• Follow up recommendations made because of audits to substantiate/evaluate the implementation of recommended changes.
• Implementing an overall risk management process for the organisation, which includes an analysis of the cause and effect of every risk on the company.
• Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the company.
• Performing a risk evaluation: Evaluating the previous handling of risks and comparing potential risks with criteria set out by the company such as costs and legal requirements.
• Risk reporting tailored to the relevant audience.
• Managing business continuity plans in accordance with the BCM Policy.
• Conducting risk awareness amongst associates by providing support and training within the company.
• Highlighting opportunities for developing, maintaining, and revising policies and procedures for the general operation of compliance program to prevent illegal, unethical, or improper conduct.
• Reviewing investigation reports, discussing, recommending, and following up the recommendations with concerned parties before raising the reports to the Compliance head for final review and approval.
• Preparing and performing compliance programs which include the tests that will be performed by compliance officers during field inspection.
• Performing other related duties, as assigned.
• Managing and supervising a team of compliance officers and preparing field inspection visits and training plans.
• Working with Human Resources Department and others as appropriate to develop effective compliance training, including appropriate introductory training for new officers as well as ongoing training for all officers and managers.
• Liaising with regional operation managers and middle management to collaborate on joint projects and initiatives.
• Conducting performance discussions with subordinates, whenever applicable, according to the Performance System Manual through open discussion to establish Associate’s development and Performance Awareness.
• Supervising compliance officers in creating and closing field inspection visits; supervise compliance officers in conducting and closing investigation interviews.
• Recommending and following up required training courses/programs for Compliance team.
• Participating in interviewing new candidates, and recommending for new hires.
• Manage, mentor and develop associates and ensure they are provided opportunities for development and that career paths and succession plans are charted out through a Succession/ Progression Development Interventions.
• Performing risk management activities and reporting, including risk evaluation and communication to relevant stakeholders.

Skills and Qualifications

• Understanding of the financial, strategic, project, contract, policy, legal, and regulatory risks.
• Experience in SAP & Oracle Fusion audit would be an added advantage.
• Excellent knowledge of computers & MS Office applications.
• Good command in English speaking and writing.
• Bachelor’s Degree in Accounting, Internal Audit, or equivalent combination of related work experience and education.
• Professional Certificate in risk and compliance will be highly preferable.
• Minimum 7 - 8 years experience in Governance, Risk, and Compliance Role or Internal Audit or similar position or at least 4 – 5 years of experience from the Big 4, from a reputable company (non-financial/non-banking) in GCC (preferably in KSA).
• ALJ Associates are most preferable for this position, considering Experience & Loyalty.
• Ability to work with diverse groups of people.
• Highly effective interrelationship experience dealing with all levels of management, vendors and merchants.
• Very good analytical, presentation, and communication skills.
• Leadership skills.

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In a world of possibilities, pursue one with endless opportunities. Imagine Next!
When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with intelligent, diverse people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We've got what you're looking for.
**Job Description:**
Parsons is looking for an amazingly talented **Senior Manager -** **Risk Management** to join our team! In this role you will be responsible for risk planning, qualitative & quantitative risk assessments, periodic update of risk register, mitigation strategies, and preparation of reports and presentations for appropriate levels. Performs a major role in facilitating risk workshops with all project stakeholders in identifying, developing risk register and prioritization of the risks. A thorough knowledge of Risk Assessment processes and tools/applications is required. **Experience in stadium or large public venue projects is strongly preferred due to their specialized and complex nature.**
**What You'll Be Doing:**
+ Facilitates Risk Workshops/reviews throughout the project lifecycle.
+ Performs highly complex statistical, quantitative and qualitative analysis on individual risks using risk software.
+ Performs regular monitoring of emerging risks, analyzes risk trends and works with risk owners to analyze complex risks and make potential risk mitigation recommendations.
+ Analyzes and reports the likelihood of success for project cost & schedules linking risk and uncertainty to the tasks to be undertaken.
+ Leads the Project Team and staff to facilitate the Risk process for risk identification, definition, assessment, analysis, mitigation, and monitoring throughout the project lifecycle for project, program and Parsons enterprise risks.
+ Supports the knowledge sharing of risks and opportunities across the portfolio/programs ensuring lessons are learned.
+ Assess the need for and create/develop custom risk reports for various levels of the organization including the Executive Management.
+ Leads in the development of training materials and assist in conducting Risk Management related education/training to various levels of management and staff.
+ Coordinates the resolution of risk software problems with the IT department as needed and monitor regular updates to the risk repository, assessment, and reporting tool and ensure the integrity of the repository database.
+ Develops project and work schedules to ensure completion of deliverables to senior management.
+ Assists the management in the preparation of executive-level presentations.
+ Oversees the creation and maintenance of up-to-date meeting minutes, reports, and related materials for the Enterprise Risk applications.
+ Project Manage medium sized projects concurrently with undertaking the Risk Management duties.
+ Proficient in analytical skills, attention to detail, and accuracy, able to identify key issues, interpret information, and present recommendations and conclusions in a self-confident, clear and concise manner.
+ Self-motivated with the ability to multi-task and meet established deadlines consistently.
+ Understanding of construction management fundamentals, project scheduling, cost estimating, and project controls.
+ Supports constructability reviews, schedule critical reviews and scrutinize cost estimates, understand areas of uncertainty.
**What Required Skills You'll Bring:**
+ Bachelor's degree in Engineering, Business or related
+ 20+ years of related experience in risk management.
+ Demonstrated leadership and management skills.
+ Strong written and oral communication, organizational, interpersonal skills, and customer service skills are required, both internal and external facing.
+ Ability to work in teams. Ability to follow through. Ability to clearly deliver work instructions in a complex risk environment.
+ Must function effectively under time constraints, schedule workload to meet deadlines, and have the ability to prioritize.
+ High-level understanding and appreciation of risk management in complex risk environments and within the major program sector, preferably within the KSA.
+ Ability to work in a matrix organization (dual reporting). Ability to interact with an influence senior-level management. Ability to consult, motivate, and negotiate effectively with client groups, co-workers, employees, vendors, and contractors.
+ Strong organization and follow through abilities.
+ Strong business judgment.
Parsons equally employs representation at all job levels no matter the race, color, religion, sex (including pregnancy), national origin, age, disability or genetic information.
We truly invest and care about our employee's wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest-APPLY TODAY!
Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to .
About Us
Parsons is a digitally enabled solutions provider focused on the defense, security, and infrastructure markets. With nearly 75 years of experience, Parsons is uniquely qualified to deliver cyber/converged security, technology-based intellectual property, and other innovative services to federal, regional, and local government agencies, as well as to private industrial customers worldwide.
Parsons is an equal opportunity, drug-free employer committed to diversity in the workplace. Minority/Female/Disabled/Protected Veteran/LGBTQ+.
For more about Parsons, visit parsons.com and follow us on Facebook, Twitter, LinkedIn, and YouTube.