Hala1mo ago

Operational Risk Senior Specialist

Riyadhsenior

Other

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Quick Summary

Key Responsibilities

Identify and assess operational risks across business units. Conduct Risk and Control Self-Assessments (RCSA). Develop and monitor Key Risk Indicators (KRIs).

Technical Tools

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Identify, assess, and monitor operational risks across the organization. Conduct RCSAs, develop KRIs, manage loss events and incidents, and oversee third-party risk assessments. Prepare risk reports for senior management, recommend mitigation actions, and promote risk awareness to ensure strong governance and regulatory compliance.

Responsibilities

~2 min read

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Identify and assess operational risks across business units.
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Conduct Risk and Control Self-Assessments (RCSA).
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Develop and monitor Key Risk Indicators (KRIs).
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Maintain and update the Operational Risk Loss Register, ensuring accurate recording and reporting of loss events.
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Manage operational risk incidents, including logging, investigation, root cause analysis, and closure tracking.
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Perform third-party risk assessments and periodic reviews of outsourced service providers and vendors.
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Evaluate third-party controls, SLAs, and compliance with contractual and regulatory requirements.
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Ensure proper risk assessment before onboarding new vendors.
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Monitor concentration risk and critical service dependencies.
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Report significant risk issues to senior management and the Board Risk Management Committee.
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Recommend corrective and preventive actions to mitigate identified risks.
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Prepare periodic operational risk reports for management and governance committees.
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Promote risk awareness and provide training across departments.
→ Minimum 3 years of experience.

What We Offer You
We believe you will love working at HALA!

→We have an inclusive and diverse culture that encourages innovation and flexibility in remote, in-office, and hybrid work setups.
→We offer highly competitive compensation packages, including the potential for shares.
→We prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environment.
→Join a talented team of over 30 nationalities working in 7 countries and gain valuable experience in an exciting industry.
→We offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company.
→You will be given a lot of responsibility and trust. We believe that the best results come when the people responsible for a function are given the freedom to do what they think is best.