Senior Specialist - Risk Management (COR 526)

Qiddiya Investment Company is on the lookout for a dedicated and meticulous Senior Specialist for Governance, Risk, and Compliance (GRC). In this critical role, you will help ensure that the organization adheres to established regulations, policies, and best practices, while effectively managing risks and enhancing governance frameworks.

Responsibilities

1. Assist in the implementation of the Risk Management department strategy to support the achievement of QIC’s strategic objectives.

2. Develop Risk Management department policies, processes, procedures and controls.

3. Develop Risk Management department budget in alignment with the organization budgetary requirements to allow effective delivery of desired objectives in collaboration with the Finance division.

4. Assist in the integration of risk into key decision making and internal processes e.g. committees, investments, projects, strategy, business planning and performance management.

5. Develop and implement risk processes, models, templates, decision making frameworks etc.

6. Act as the custodian of the Risk Management and facilitate its programs across Qiddiya.

7. Promote effective Risk Management at all levels and encourage an appropriate Risk culture across Qiddiya.

8. Establish and initiate periodic revisions to the Risk Management system documentation.

9. manage reporting, escalation and communication of risks and issues to key stakeholders and/or committees.

10. Ensure that departmental risk registers take into consideration the core business and strategic direction of the Board.

11. Oversee the Risk Management cycle by carrying out risk identification, risk evaluation, risk mitigation, risk monitoring & reporting across the different functions at Qiddiya.

12. Help in providing guidance and consultative advice to the business to enable risk-informed decision making.

• Bachelor’s Degree in Finance, Business Administration or related field. • Master’s Degree in Risk Management or related field preferred.
• Minimum 3-5 years of experience in governance, risk management, and compliance roles.
• Strong understanding of regulations, standards, and best practices related to GRC.
• Experience with risk assessment methodologies and compliance auditing.
• Excellent analytical skills and attention to detail.
• Strong communication and interpersonal skills, with the ability to influence at all levels of the organization.
• Proficiency in Microsoft Office Suite and GRC software solutions.
• Ability to work independently as well as part of a collaborative team.