Risk Lead
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Key skills for this role
About the Role
Foodics is looking for a Risk Lead to develop and maintain the company's risk management framework. The role involves establishing risk policies, conducting risk assessments, and ensuring compliance with SAMA regulations.
Key Skills for This Role
Responsibilities
- Develop in coordination with other functions the company’s risk management strategy
- Establish and develop Risk Management framework, policies, risk appetite and associated applicable risk limits
- Develop risk management related procedures to manage and maintain operational and financial objectives
- Design and implement appropriate Risk Management methodologies, tools, techniques, and programs across the company
- Implement conducting risk assessment and analysis across functions and new products
- Perform risk assessment for overall company’s strategic projects and documentations
- Establish continuous risk management monitoring role including early warning indicators and key risk indicators
- Establish comprehensive risk register covering all internal and external risks
- Set up appropriate mechanism of reporting and analyzing operational risk incidents and associated losses
- Develop periodic risk management awareness and build a strong risk management culture across the company
- Ensure required risk transfer techniques including insurance are implemented and aligned with the company’s Risk Management strategy
- Liaise with all functional heads to establish, maintain, and continuously improve risk management capabilities
Requirements
- At least 3 years of experience in Risk Management, preferably in the financial industry
- Bachelor's degree in Risk Management, Finance, Actuarial, or any relevant major
- Knowledge of risk assessment, control, and analysis
- Familiarity with SAMA compliance standards and regulations
- Solid and demonstrated project management skills
- Firm grasp of Microsoft applications (Excel, PowerPoint & Word) and G Suite
- Great team player with a positive mindset
Full Job Posting
Who Are We?
- Foodics is a leading restaurant management ecosystem and payment tech provider, founded in 2014 with headquarters in Riyadh.
- We serve customers in over 35 countries and have processed over 6 billion orders.
The Job in a Nutshell
- The Risk Lead will be responsible for developing and maintaining a risk management framework for the company.
- He/she will ensure that risk exposures are mitigated and managed within the accepted risk appetite and monitored continuously.
What Will You Do?
- Developing in coordination with other functions the company’s risk management strategy.
- Establishing and developing Risk Management framework, policies, risk appetite and associated applicable risk limits.
- Developing risk management related procedures to manage and maintain operational and financial objectives.
- Designing and implementing the appropriate Risk Management methodologies, tools, techniques, and programs across the company and its activities covering all risks.
- Implement conducting risk assessment and analysis across functions and new products.
- Performing risk assessment for overall company’s strategic projects and documentations including policies, procedures, agreements, and system implementation initiatives.
- Establishing the continuous risk management monitoring role which include the development of the early warning indicators and key risk indicators.
- Establishing comprehensive risk register covering all internal and external risks.
- Setting up appropriate mechanism of reporting and analyzing operational risk incidents and associated losses remedial.
- Developing periodic risk management awareness and building a strong risk management culture across the company.
- Ensure the required risk transfer techniques including mandatory or optional insurance are implemented and aligned with the company’s Risk Management strategy.
- Liaise with all functional heads to establish, maintain, and continuously improve risk management capabilities.
What Are We Looking For?
- At least 3 years of experience in Risk Management is preferred in the financial industry.
- Bachelor's degree in Risk Management, Finance, Actuarial, or any relevant major.
- Knowledge of risk assessment, control, and analysis.
- Familiarity with SAMA compliance standards and regulations.
- Solid and demonstrated project management skills.
- Firm grasp of Microsoft applications (Excel, PowerPoint & Word) and G Suite.
- Great team player who has a positive mindset.
What We Offer You
- Inclusive and diverse culture that encourages innovation and flexibility in offices.
- Highly competitive compensation packages, including bonuses and the potential for shares.
- Regular training and an annual learning stipend.
- Join a talented team of over 30 nationalities working in 14 countries.
- Autonomy, mentoring, and challenging goals.
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