Overview
Enterprise Risk Management Lead Specialist Jobs in Riyadh, Riyadh, Saudi Arabia at Zakat, Tax and Customs Authority
Title: Enterprise Risk Management Lead Specialist
Company: Zakat, Tax and Customs Authority
Location: Riyadh, Riyadh, Saudi Arabia
Purpose of JobJobholders at this level are experienced professionals capable of conducting work with general directions. They are primarily concerned with developing solutions to challenges which require some analysis to understand and resolve, and addressing issues escalated from junior levels. They undertake complex operational activities including developing organizational resilience plan and effective mitigation plan, participating in the development of needed documentations including governance policies and processes in addition to risk appetite documents, participating in delivering high quality Enterprise risk management training sessions to help in developing other team members in risk related competencies, coordinating with related internal stakeholders to prepare and monitor the needed execution plan to handle identified corporate risks and business continuity and update accordingly ZATCAâs risk appetite, analysing reports and data and accordingly developing related reports highlighting key outputs and recommendations.
Job ResponsibilitiesRisk Assessment
Follow on the latest ERP topics, models, systems and best practices to recommend updated in risk assessment methodologies, tools and techniques
Review ZATCA’s business model and analyze risk appetite levels and embed control criteria into the organization functional activities to ensure alignment with ZATCA’s strategy and management directions
Conduct risk assessment to evaluate current operational risks resulting from human errors, weak systems, business processes, procedures, etc. and highlight emerging risks
Review and validate identified corporate risks, incorporate mitigation plan into sectors’ and divisions’ operational plans and communicate with relevant business units to limit occurrence
Assess and analyze emerging risks, conduct relevant risk assessments to update registers and develop response plans to ensure that business areas have a suitable mitigation strategy in place
Consolidate and categorize risks, develop risk factors and KPIs for each sector and update SAS system and related database accordingly
Prioritize risks and develop corporate risk heatmap according to risk assessment results and ensure communication with business units to facilitate the development of response plans
Risk Control
Develop dashboard to follow on Key Risk Indicators and high risks to ensure the accurate and timely spotting of identified exposures
Implement risk mitigation protocols and track risk related metrics including operational, financial, fraud and information security risks based on precedents and best practices
Review and update mitigation plan to include newly identified risks’ response and cascade to concerned functions for implementation
Perform quarterly risk and control re-assessment studies to identify new risks, re-evaluate outstanding ones and recommend improvements to the risk structure
Conduct awareness and training sessions to cultivate a risk control culture and foster risk awareness in the organization and provide guidance over corporate risks and ERP risk framework
Review and analyze ZATCA’s risk management activities and update the Risk Maturity Model to measure the effectiveness of risk management program and develop reports highlighting improvement actions
Reporting
Develop periodic reports highlighting corporate risks by intensity and severity to the board of directors and relevant committees to …
