Manager - Operational & Non-Financial Risks (COR 553)

Qiddiya Investment Company is embarking on an exciting journey to create a landmark entertainment destination in Saudi Arabia, and we are seeking a proactive and analytical Manager - Operational & Non-Financial Risks (COR 553) to join our dynamic team. This pivotal role is essential for identifying, assessing, and managing operational and non-financial risks that could impact the successful execution of our projects.

As the Manager of Operational & Non-Financial Risks, you will be responsible for developing a robust risk management framework, conducting thorough risk assessments, and collaborating with various departments to implement effective risk mitigation strategies. Your expertise will ensure that potential risks are effectively managed, enabling Qiddiya to achieve its ambitious goals.

Key Responsibilities

• Contribute to the development and refinement of the operational and non-financial risk management framework, ensuring alignment with Qiddiya’s boarder enterprise risk management framework
• Support the assessment and monitoring of non-financial risks across business operations, including health & safety, supply chain, IT systems, legal and regulatory compliance, as well as projects (e.g., Development) and asset operations
• Assist in designing the risk taxonomy and risk appetite specific to non-financial and project-related risks, including defining and tracking appropriate Key Risk Indicators (KRIs)
• Support in liaising with internal stakeholders—such as Development teams as well as Corporate functions — to gather, validate, and review assessments on operational and project-related risks to feed the enterprise-wide risk assessments and control testing.
• Support the integration of project-level risk monitoring with the central ERM framework
• Maintain and update the control catalogue for operational and project development risks, including controls embedded in processes.
• Collaborate with business units to identify, assess, and implement appropriate risk controls, supporting their effectiveness and continuous improvement.

• Bachelor's degree in business, finance, risk management, or a related field; a Master’s or professional certification in risk management is a plus.
• Minimum of 6-8 years of experience in risk management, operational risk, or a similar role, preferably within large organizations.
• Relevant certifications in risk management (e.g., CRM, ERM) are desirable.
• Strong understanding of risk management frameworks (e.g., ISO 31000, COSO) is preferred.
• Strong analytical skills and experience in conducting risk assessments and developing mitigation plans.
• Excellent communication skills with the ability to engage and influence stakeholders across the organization.
• Proven leadership capabilities and experience in managing cross-functional teams.
• Familiarity with industry risk management tools and methodologies.