POSITION SUMMARY
Lead the development and implementation of Risk and BCM Management Frameworks across NGHC
Provide technical expertise in Risk and BCM Management and consolidated reports to the NGHC leadership, Committees and Board of Directors.
Lead compliance and communication with Audit & Finance Committee on risk reporting and fulfilment of Internal Audit findings
NATURE & SCOPE
Risk Manager works with Management Committee to lead, advise, and coordinate the implementation of the NGHC Risk and BCM Management Frameworks to enable a consistent and robust governance approach across the unites. The Risk Manage also provides assurance that risk management processes and internal control environments are effective and operating as designed.
REPORTS TO:
Chief Finance Officer
LIAISE/COOPERATE WITH:
Leadership Team, Directors, Functional Leads
PRINCIPAL DUTIES AND RESPONSBILITIES
Enterprise Risk Management
- Develop and implement the NGHC risk management framework and strategy, communicate expectations and obligations to Leadership team and managers, and monitor and report on performance to improve the NGHC risk profile
- Provide technical and theoretical leadership, processes and tools to successfully implement the risk management framework
- Support the business to detect potential threats to NGHC reputation, financial sustainability, operational efficiency, and safety to fully develop a shared understanding for NGHC risk exposure
- Direct and coordinate the delivery of regular risk analysis reports to the CEO and Management Committee, complete with actionable plans for avoidance or prevention of possible threats at all levels
Business Continuity Management
- Lead the implementation of Business Continuity Management capability across NGHC
- Continuously develop and implement business continuity policies, ensuring compliance with regulatory requirements and best practices.
- Conducting business impact analyses and high-level risk assessments to guide business continuity planning.
- Coordinate with senior leadership, stakeholders, and external partners to ensure alignment and effective communication of business continuity strategies and plans.
- Collaborate with crisis management team during major disruptions, overseeing recovery efforts and ensuring timely and effective response.
- Oversee the continuous improvement of business continuity plans through regular reviews, testing, and reporting to the executive team on the program's status and effectiveness.
Risk & Audit Integration
- Provide assurance to Management Committee and Leadership Team on compliance with Internal Audit findings
- Act as an objective source of advice in Internal Audits execution mechanism and oversee current and preparation of upcoming internal audits.
- Prepare and present reports that reflect compliance and potential closure of internal audits memorandums
- Maintain open communication with Internal Audit and Finance Committee, and Internal Audit Teams
- Ensure timely closure of audit actions by holding process owners accountable
ESSENTIAL EDUCATION and/or QUALIFICATIONS REQUIRED:
- Bachelor's degree in engineering, business administration or relevant field.
- Work experience in multi-cultural work environment is essential.
- Knowledge of risk management and business continuity
- Certification in Risk Management (RMP, IRM or similar)
- Prior work experience in GCC is preferred
- Certification in Business Continuity (CBCI or similar)
MINIMUM YEARS EXPERIENCE IN SIMILAR JOB ROLE:
Not less than 5 years
MINIMUM YEARS OF MANAGERIAL EXPERIENCE:
3 years
SKILLS / TECHNICAL KNOWLEDGE AREAS:
Role specific requirements
- Experience in continuously developing Enterprise Risk Management function and related documentation
- Risk Management experience in large scale industrial facility, e.g. oil & gas, throughout whole life cycle
- Experience in working within multicultural environment
- Good knowledge of KSA regulatory requirements and best practices regarding Business Continuity practices
- Strong technical and theoretical knowledge of risk assessment methodologies and compliance frameworks.
- Experience in internal audits and managing risk mitigation processes.
General requirements
- Excellent command in English communications – verbal and written
- Excellent verbal and written communication skills and the ability to effectively interact with a diverse group of individuals
- Ability to analyze and resolve complex issues, both logical and interpersonal
- Ability to manage groups towards the required targets in shortest possible time
- Ability to negotiate and divert conflicts in constructive ends
- Strong analytical and problem-solving skills
- Excellent presentation skills
Ability to build team that motivates and educates other team members and comprehends complex, technical subjects
