Manager, Risk

About Boutique Group

Boutique Group is redefining luxury hospitality by transforming Saudi Arabia’s most iconic historic and cultural palaces into ultra-luxury boutique hotels. With a commitment to storytelling, authenticity, and excellence, curating exceptional hospitality experiences that celebrate the Kingdom’s rich history while setting new benchmarks in the industry. Boutique Group’s growing portfolio includes The Red Palace, Al Hamra Palace, and Tuwaiq Palace, each being meticulously restored to preserve its historical significance while being reimagined for contemporary of ultra-luxury hospitality.

At Boutique Group, we lead the way in redefining what’s possible. Taking the exquisite, making it extraordinary, we are a culture that celebrates transformation. A young company for a youthful nation, our energy is honed and harnessed by the mentorship of hospitality’s leading names. Here, you can be part of something bigger, crafting luxury hospitality’s next chapter.

Job Purpose:

To effectively manage Boutique Group’s enterprise risk function by leading risk assessments, developing mitigation strategies, ensuring insurance and compliance coverage, and building an informed and accountable risk culture across the organization. The role also promotes operational excellence through enhanced governance, process optimization, and performance monitoring.

Key Accountabilities:

Operational Plans 

• Contribute to the development and execution of the Risk, Security and Resilience department’s short to mid-term plans to ensure alignment with the function’s strategic priorities, and the corporate goals. 

• Contribute to the development of annual business plans for the assigned areas of responsibility to support the achievement of financial and strategic objectives.

 • Monitor, control and report key performance indicators related to the GRC section/ assigned area, to track performance and recommend corrective actions, fundamentals, and corporate strategy to establish a highly engaged and motivated human resources, and continuously improve performance.

 Policies, Systems, Processes, Procedures, Standards 

• Contribute to the development and implementation of the departmental policies, systems, processes and procedures, identifying potential areas of improvement, to support the efficient and effective operation. 

• Ensure compliance with corporate requirements on adherence to policies, procedures and instructions within own area related to all relevant regulatory directives to promote a safe and risk-free environment.

Risk Management 

• Conduct enterprise risk assessments across financial, operational, compliance, and reputational areas; identify emerging threats and evaluate their potential business impact.

 • Develop and implement risk mitigation frameworks, incident response plans, and reporting protocols to enhance organizational resilience.

 • Maintain and continuously update the corporate risk register; work with departments to assign ownership and track mitigation plans. 

• Lead internal awareness programs and training sessions to build a risk-informed culture across departments and promote accountability.

 • Monitor insurance coverage adequacy and alignment with organizational needs, and oversee vendor and third-party risk reviews to ensure consistency with risk tolerance thresholds.

 • Coordinate with internal stakeholders to assess operational readiness during critical business expansions, projects, or high-risk engagements. 

• Develop scenario planning exercises and tabletop simulations to test risk controls, business continuity, and emergency response effectiveness

Operational Execution & Monitoring 

• Identify inefficiencies in risk operations and propose process improvements or automation opportunities to enhance response time and reporting accuracy. 

• Collaborate with other GRC functions to develop and implement standard operating procedures (SOPs) that streamline risk governance.

 • Benchmark internal risk practices against local and international best practices to raise functional maturity and operational performance.

Reporting 

• Prepare timely and accurate risk reports, dashboards, and incident summaries in line with Boutique Group’s policies and executive requirements.

 • Highlight critical risk exposures and mitigation progress to senior management, supporting strategic decision-making.

Qualifications:

 Education: Bachelor’s Degree in Business Administration or any related discipline

Experience: 

4-8 years of Experience in any related area out of which 3 years at a management level.