Risk Manager

We are seeking a Risk Manager to join our team in Jeddah. This full-time position is ideal for an experienced professional with 3-6 years of experience in the banking sector. The Risk Manager will play a crucial role in identifying, assessing, and mitigating risks that could impact the organization's financial health and operational efficiency. By implementing effective risk management strategies, this role will contribute significantly to maintaining the integrity and reputation of our banking operations. Core Responsibilities: Identify and assess potential risks affecting the organization. Develop and implement risk management strategies and policies. Monitor and report on risk exposure and mitigation efforts. Collaborate with various departments to ensure compliance with regulations. Conduct regular risk assessments and audits. Provide training and guidance on risk management practices. Analyze market trends to identify emerging risks. Prepare detailed reports for senior management and stakeholders. Maintain up-to-date knowledge of industry regulations and standards. Support incident investigation and response planning. Work closely with internal and external auditors. Facilitate risk workshops and discussions. Evaluate the effectiveness of existing risk controls. Assist in crisis management and business continuity planning. Engage with regulatory bodies and external partners. Manage the risk management budget and resources. Develop risk communication strategies for stakeholders. Ensure thorough documentation of risk management processes. Identify opportunities for improvement in risk management frameworks. Oversee the implementation of risk management software solutions.