Enterprise Risk Management

2 days ago

Pune, Maharashtra, India TechElevate Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Note: This is job is based in client's location in Saudi Arabia

Job Title:
Enterprise Risk Management (ERM) Consultant

Location:
Riyadh, Saudi Arabia

Company:
TechElevate

About Us:

TechElevate is a Pune-based Technology Consulting and Talent Development firm that supports organizations with secure, scalable digital solutions and empowers individuals with in-demand technical skills.

Experience:
10 to 15 years

Qualifications:

  • Bachelor's or Master's degree in Risk Management, Business Administration, or a related field
  • Strong knowledge of ISO 31000 risk management standards

Skills:

  • Proven experience in governance, operational risk, and strategic risk assessments
  • Excellent analytical, problem-solving, and communication skills
  • Ability to develop and implement policies and procedures effectively
  • Proficiency in risk assessment tools and software (preferred)

Key Responsibilities:

  • Conduct comprehensive assessments of the current Enterprise Risk Management framework, governance structures, and practices
  • Identify gaps and recommend improvements to comply with SAMA ERM regulations and ISO 31000 best practices
  • Develop and implement a robust ERM strategy aligned with organizational objectives and risk culture
  • Draft, review, and update ERM-related policies, standards, and procedures
  • Establish clear governance structures for risk ownership, reporting, and escalation
  • Integrate risk management into corporate strategy, business planning, and decision-making processes
  • Develop or refine the Risk Appetite Statement and Risk Tolerance limits with senior management and the board
  • Align risk appetite with regulatory expectations, business objectives, and capital adequacy requirements
  • Implement a structured risk assessment program covering risk identification, analysis, evaluation, and monitoring
  • Facilitate workshops and interviews with business units to assess strategic, operational, financial, compliance, and reputational risks
  • Create and maintain risk registers, heat maps, and dashboards to improve visibility of risk exposures
  • Provide periodic risk reports to senior management, Risk Committees, and the Board
  • Ensure all ERM activities comply with SAMA ERM framework and ISO 31000:2018 principles
  • Support internal and external audits and regulatory reviews by providing evidence of ERM compliance
  • Deliver training and awareness sessions on ERM concepts, policies, and responsibilities
  • Foster a risk-aware culture throughout the organization

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