Risk Manager

About the Company:

At Maharah, we work on elevating the human resources sector in the region by providing manpower services for the public and private sectors, and meeting the needs of the local market through an integrated services, including the services of the business sector, the individuals sector, Esnad Maharah – Nationalization Program – and the talent hub platform services. Maharah aims to provide the market with national and foreign manpower, highly qualified in more than 280 professions, as well as providing innovative solutions to human resources departments in various sectors.

Job Responsibilities:

• Monitor KPIs, KRs vs. risk appetite, limit thresholds and report violations as per policy and framework
• Review risk appetite statements and associated key risk and performance indicators and suggest updates as needed
• Maintaining the company's risk rating and risk register, periodically reviewing and recommending changes
• Collecting internal and external risk information
• Analyze the data collected to deliver consistent practices across the organization and identify areas where further risk mitigation is needed
• Provide guidance to business users in identifying, evaluating, managing and resolving risk challenges
• Maintain a record of problem management and work with risk owners to ensure timely resolution
• Escalate risk related issues to the Manager and manage operational risk in accordance with the policy and framework
• Participate in scenario design and help facilitate workshops with the business for scenario analysis
• Research operational losses within the industry, system and organization to better understand and measure the likelihood and impact of these losses in the future.
• Participate in the preparation of risk reports by capturing and compiling results from key risk operations for presentation to relevant committees
• Maintain current and detailed knowledge of operational and enterprise risk issues including awareness of local and international legislation, regulations and directives, insurance industry trends and initiatives, best practices, and implementation of these practices.

Qualifications

• Bachelor's degree in Finance or Accounting, Risk Management, Project Management
• 6+ years experience
• Risk specialist certification