Job Description
The Risk Manager is responsible for managing the risk of the
organization, its employees, customers, reputation, assets, and stakeholders
interests. He will work in various sectors and may specialize in several areas,
including enterprise risk, corporate governance, regulatory and operational
risk, business continuity, information and security risk, technology risk, and
market and credit risk.
Responsibilities
Planning, designing, and implementing the organization's
overall risk management process.
Risk assessment involves analyzing risks and identifying,
describing, and estimating the business's risks.
Risk evaluation involves comparing estimated risks with
criteria established by the organization, such as costs, legal requirements,
and environmental factors, and evaluating the organization s previous handling
of risks.
Establishing and quantifying the organization's risk
appetite Framework.
Establishing and quantifying the organization's risk
appetite Statement, i.e., the level of risk they are prepared to accept.
Risk reporting appropriately for different audiences, for
example, to the board of directors, so they understand the most significant
risks, to business heads to ensure they are aware of risks relevant to their
parts of the business, and to individuals to understand their accountability
for individual risks.
Corporate governance involves external risk reporting to
stakeholders.
Carrying out processes such as purchasing insurance,
implementing health and safety measures, and making business continuity plans
to limit risks and prepare for if things go wrong.
Conducting audits of policy and compliance to standards,
including liaison with internal and external auditors.
Providing support, education, and training to staff to build
risk awareness within the organization.
Review and assess the company contracts from a risk point of
view.
Prepare training for the employees.
Create and enhance the Risk Committee Charter.
Secretary of Risk Management Committee.
Complying with the regulations from all the regulators of
the insurance company in Saudi Arabia.
Responsible for ensuring the provided data related to the
Risk-Based Supervision Quarterly Report (RBS).
Qualification
Bachelor s degree in risk management, Business
Administration, Industrial Engineering, or a related field.
Required Experience
Minimum 5-7 years experience in senior position in Risk
Management, Insurance, Business Continuity, and Fraud supervision.
,Work_Experience:5+ years,
Desired Candidate Profile
Education:
Bachelor of Business Administration(Management)
Gender:
nm
Nationality:
Any Nationality
