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naukri

Manager | Risk, Regulatory & Forensic

Deloitte
Saudi Arabia, KSA
Manager
Today
Operational Risk ManagementRCSAKRI/KCIRoot Cause AnalysisControl TestingRisk Reporting
Free

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Operational Risk ManagementRCSAKRI/KCI
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Overview

  • Location Riyadh
  • Manager | Risk, Regulatory & Forensic| Regulatory & Financial Risk
  • When you work for us, you commit to a career at one of the largest and most prestigious professional services firms in the world.
  • Our Purpose: Deloitte makes an impact that matters.

Key Responsibilities

  • Update ORM Policy: review and enhance alignment with CMA Prudential Rules (Pillar 2/3).
  • Risk Taxonomy: Standardize risk categories (Fraud, ICT, Process, Legal) and scoring scales (1 5).
  • Risk Registers: Refresh or create registers for all departments.
  • Workshops: Conduct sessions with business owners to identify risks and map existing controls.
  • Heatmaps: Produce visual 5x5 matrices showing Inherent vs. Residual risk levels.
  • KRI Library: Establish Key Risk Indicators with specific Red/Amber/Green thresholds.
  • KCI Mapping: Define Key Control Indicators to monitor if critical controls are actually working.
  • Loss Database: Build/update a log for tracking operational losses and near misses.
  • Root Cause Analysis (RCA): Provide a methodology to analyze why major failures occurred and how to fix them.
  • Challenge Sessions: Consultant acts as the 2nd Line to challenge and verify risk scores.
  • Control Testing: Sample testing to prove controls exist and are effective.
  • Back testing: Cross check registers against Incident Log to ensure past failures are captured as risks.

Additional Responsibilities

  • Risk Reporting: Create a concise semi annually operational risk dashboard for the Risk Committee.
  • Capacity Building: Train staff on how to report incidents and update their own registers moving forward.

Leadership Capabilities

  • Builds own understanding of our purpose and values; explores opportunities for impact.
  • Demonstrates strong commitment to personal learning and development; acts as a brand ambassador to help attract top talent.
  • Understands expectations and demonstrates personal accountability for keeping performance on track.
  • Actively focuses on developing effective communication and relationship building skills.
  • Understands how their daily work contributes to the priorities of the team and the business.

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