Enterprise Risk Management Specialist

Water Transmission and Technologies Co.

Employer Active

Posted 2 hrs ago

Experience

1 - 7 Years

Job Location

Riyadh - Saudi Arabia

Education

Bachelor of Business Administration(Management)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Job Purpose

The job holder is responsible for supporting the development, implementation, and maintenance of WTCO s enterprise risk management framework. Involves conducting detailed risk analyses, contributing to risk mitigation strategies, and working closely with internal and external stakeholders to ensure the organization s risk management objectives are achieved.

Key Roles and Responsibilities

  • Ensure work is performed based on approved policies, processes, procedures, and instructions.
  • Identify opportunities for continuous improvement of systems, practices, cost optimization, and productivity & efficiency improvement.
  • Ensure compliance with all applicable laws, rules, regulations, and standards within WTCO and related functions such as but not limited to (HC, HSSE, Risk, Cybersecurity, etc..).
  • Escalate problems to ensure case/issue is closed efficiently and in a timely manner.
  • Assist in implementing the ERM framework, ensuring all processes and policies are aligned with the organization s strategic and operational goals.
  • Perform comprehensive risk identification and assessment activities, collaborating with various business units to evaluate potential threats and develop mitigation strategies.
  • Maintain and update the corporate risk register, ensuring it accurately reflects the current risk landscape and includes actionable mitigation plans.
  • Guide the continuous improvement of insurance coverage frameworks by assessing emerging risks, market practices, and organizational needs.

Key Roles and Responsibilities 2

  • Research emerging risks and trends, providing insights to enhance WTCO s preparedness and risk resilience.
  • Monitor and review risk performance indicators to measure risk contribution to ensure the cost-effectiveness of existing controls and introduce improvements.
  • Track key risk indicators (KRIs) and ensure appropriate measures are in place to address any deviations or adverse trends.
  • Prepare detailed risk management reports, highlighting key findings, risk trends, and mitigation recommendations for leadership review.
  • Collaborate with stakeholders across business units to ensure alignment in risk management practices and provide technical support on risk-related issues.
  • Assist in delivering training programs and workshops to promote a culture of risk awareness across the organization.

Key Roles and Responsibilities 3

Desired Candidate Profile

Bachelor s in Risk Management

Bachelors in Relevant fields or Business Administration

Company Industry

Department / Functional Area

Keywords

  • Enterprise Risk Management Specialist

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Water Transmission and Technologies Co.

Water Transmission and Technologies Company

Riyadh - HQ

https://careers.wtco.com.sa/job/Enterprise-Risk-Management-Specialist-12345/857193023/