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Risk Management Associate

Jeddah , Saudi Arabia Posted 2024/06/10 09:51:46 Expires 2024-08-09 Ref: JB1100049205
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Job Description

OPERATIONAL

  • Conduct detailed data analysis to identify and assess potential risks within the grocery retail sector.

 

  • Assist in the development and maintenance of risk registers, working closely with the risk managers.

 

  • Work on project and major strategic initiatives and provide diligent risk assessments

 

  • Follow up on controls and tasks implementation and ensure adequacy of coverage

 

  • Collaborate with cross-functional teams to gather relevant data and insights for risk assessment.

 

  • Support the creation of reports and presentations to communicate risk findings to key stakeholders.

 

  • Monitor and analyze key performance indicators to detect anomalies and potential risk factors.

 

  • Work closely with the risk managers to ensure compliance with regulatory requirements.

 

  • Assist in the continuous improvement of risk management strategies based on data-driven insights.

 

  • Collaborate with other departments to understand operational processes and identify areas for risk mitigation.

 

  • Stay updated on industry trends and emerging risks to contribute to proactive risk management efforts.-

 

  • Instil an analytics-driven approach to all initiatives

 

  • Automate reporting as needed and ensure data integrity

 

  • Stay abreast of industry trends and emerging risks to proactively adjust risk management strategies for the grocery retail environment.

 

  • Support GRC teams in developing dashboards and identifying key trends and fraud related incidents

 

REPORTING

 

  • Communicate and discuss key findings with risk managers and senior risk figures

 

  • Report critical breaches and mitigation plans

 

FOLLOW UP

 

  • Ensure that all agreed remediation plans are subsequently implemented.

 

  • Perform follow-up procedures timely to determine whether agreed remediation plans have been implemented.

 

PEOPLE MANAGEMENT

  • Keep abreast with all the latest updates in the audit, risk management, and fraud field and improve the department’s abilities.

 

 

Skills

Education

University degree from a recognized university (background in operational excellence and research is preferred).

Experience, Skills & Competencies

Relevant experience in the retail sector is preferred 

TECHNICAL COMPETENCIES

 

  • Proficiency in PowerBI and Tableau

 

  • Excellent Data & Risk Analysis

 

  • Proficient in R or Python

 

  • Quantitative analysis

 

  • Data analytics

 

  • Audit Reporting

 

  • Good verbal and written communication and presentation skills.
  • Strong interpersonal skills—ability to work closely with people at all levels of the organization and facilitate the implementation of corrective action.

 

  • Knowledge of Laws and Regulations

 

  • Project management experience would be a plus.
  • Proficient in MS Word, Excel, and PowerPoint.

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Job Details

Job Location Jeddah , Saudi Arabia
Job Role Support Functions
Employment Type Employee
Number of Vacancies 1

Preferred Candidate

Career Level Entry Level

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