Title:  Officer - Operational Risk

Description: 

.

Department / Plant

GRC

Section

Risk Management Department

Grade

12

Last Update

22nd April 2025

ISO Number

Y-AAA-06-06

 

Job Purpose

To ensure compliance with regulatory requirements and to safeguard the company's assets and reputation. strategies, initiatives, products, etc.

Job Responsibilities

  • Risk Identification: Conduct regular risk assessments to identify potential operational risks across various departments.
  • Risk Assessment: Evaluate the identified risks to determine their potential impact on the organization.
  • Risk Mitigation: Develop and implement strategies to mitigate identified risks, including creating action plans and recommending controls.
  • Compliance Monitoring: Ensure that the organization complies with all relevant regulatory requirements and internal policies.
  • Incident Management: Investigate and report on operational risk incidents, ensuring that root causes are identified, and corrective actions are implemented.
  • Reporting: Prepare and present regular risk reports to senior management, highlighting key risks and mitigation efforts.
  • Continuous Improvement: Continuously monitor and improve the operational risk management framework to ensure its effectiveness.

Education

Bachelor's degree or above in Accounting or Finance or related filed

Experience

•    Minimum three years of experience in operational risk management.

Language

  • Fluency in Arabic and English.

Skills

  • Analytical skills
  • Communication
  • Problem-Solving
  • Attention to detail
  • Organizational skills
  • Interpersonal skills
  • Leadership

Competencies

Advisory & Consulting
Business Analysis
Business Process Management
Business Reasoning
Conflict Management
Crisis Management & Resolution
Decision Making
Impact and Influence
Leading and Managing Change
Loyalty & Dedication
Visioning and Alignment
Work Ethics and Values