Operational Risk Senior Specialist

Who Are We

HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools.

HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations.

Founded in 2017, HALA is currently licensed by the Saudi Arabian Central Bank.

Job Summary: 

Identify, assess, and monitor operational risks across the organization. Conduct RCSAs, develop KRIs, manage loss events and incidents, and oversee third-party risk assessments. Prepare risk reports for senior management, recommend mitigation actions, and promote risk awareness to ensure strong governance and regulatory compliance.

Key Responsibilities: 

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  Identify and assess operational risks across business units.

  
  


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  Conduct Risk and Control Self-Assessments (RCSA).

  
  


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  Develop and monitor Key Risk Indicators (KRIs).

  
  


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  Maintain and update the Operational Risk Loss Register, ensuring accurate recording and reporting of loss events.

  
  


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  Manage operational risk incidents, including logging, investigation, root cause analysis, and closure tracking.

  
  


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  Perform third-party risk assessments and periodic reviews of outsourced service providers and vendors.

  
  


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  Evaluate third-party controls, SLAs, and compliance with contractual and regulatory requirements.

  
  


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  Ensure proper risk assessment before onboarding new vendors.

  
  


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  Monitor concentration risk and critical service dependencies.

  
  


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  Report significant risk issues to senior management and the Board Risk Management Committee.

  
  


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  Recommend corrective and preventive actions to mitigate identified risks.

  
  


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  Prepare periodic operational risk reports for management and governance committees.

  
  


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  Promote risk awareness and provide training across departments.

  
  


• Minimum 3 years of experience. 

• We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.


• We offer highly competitive compensation packages, including the potential for shares.


• We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.


• Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.


• We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.


• You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.