Manager, Risk Management

Are you ready to take on a role that's more than just a job?

In today's dynamic business landscape, we believe in Abdul Latif Jameel that nurturing and optimizing potential talent has never been more vital. We're offering a unique opportunity for a Risk Management Manager to join our team and embark on a transformative journey.

Who are we?

Abdul Latif Jameel is a diversified business of independent entities that include automotive distribution, auto parts manufacturing, financial services, renewable energy, environmental services, health, land and real estate development, logistics, electronics retailing and media services. Established in 1945 Abdul Latif Jameel has dual headquarters in Jeddah, Saudi Arabia and Dubai, UAE, and currently has operations in 30 countries employing approximately 11,000 people from more than 40nationalities.The term Abdul Latif Jameel refers broadly to several distinct, separate and independent legal entities. It is not itself a corporate entity, association or conglomerate run by an overarching parent company but merely refers to a group of distinct and wholly separate legal entities that are collectively referred to as Abdul Latif Jameel.

About the Role

As a Risk Management Manager, you will play a critical role in overseeing and enhancing our organization's risk management framework. You will be responsible for identifying, assessing, and mitigating risks across various areas of the business to ensure the achievement of strategic objectives and compliance with regulatory requirements.

DUTIES AND RESPONSBILITIES:

1. Supports ALJ Risk Team in planning, designing, and implementing an overall risk management system within ALJ and across SBUs
2. Participates in the development of the annual risk management plan for ALJ and ensure the risk initiatives and activities are in line with the risk maturity model
3. Supports the ALJ Risk Team in developing the ALJ Annual Risk Calendar covering all risk management initiatives and activities in line with SBU annual plan in coordination with the SBU Risk Teams and GCRCO
4. Provide advice and technical support (includes but is not limited to documents, framework, tools, advice, thought leadership, training & development) to the SBU Risk Teams on all risk initiatives as per the approved annual plan
5. Facilitates and support (through technical guidance, advice, participation in workshops, and training) the SBU Risk Team in executing the risk management process i.e. risk assessment, treatment, reporting, monitoring and continuous communication.
6. Co-develop with ALJ Team standard risk reporting format for the stakeholders to ensure they are aware of risks relevant to their SBU and to understand their accountability & responsibility for individual risks
7. Monitor and review with the SBU Risk teams their risk reports i.e. risk profile and RCAP (risk control and action plan) treatment progress and provide feedback.
8. Works with the ALJ or SBU Risk Team to carry out a risk assessment on the strategic plans of SBUs, new projects & investments and provide recommendations to the management
9. Reviews the risk information ware system (CAMMS) to ensure the accuracy and relevance of the information and provide feedback to SBU Risk Team
10. Participates in the monthly or quarterly committee meetings, prepares the minutes, and follows up on matters arising, as needed

BASIC QUALIFICATIONS:

• 7+ years of working experience with appropriate Governance Risk & Compliance experience (with a focus on Risk Management)
• Bachelor’s Degree from a recognized institution, Business and Finance majors preferred
• Knowledge of Enterprise Risk Management, Governance and Compliance
• Understanding of leading international standards (e.g. ISO 31000, COSO ERM, King Code IV, ISO 37301, AML, etc.)
• A recognized professional qualification ICERM or CRMA or PECB ISO Senior Lead Risk Manager or GRC Certificate