Corporate GRC Director
Job Description
DESCRIPTION
Strategy and Planning
§ Translate Governance, Risk & Compliance General Department strategies and policies into operational plans and organize the work of the Corporate Governance, Risk & Compliance Department and oversee its implementation to deliver services and achieve its objectives.
§ Manage and lead vertical and horizontal alignment and integration of all functional strategies across Corporate Governance, Risk & Compliance to ensure the cascading into measurable objectives and workable operational plans.
People Management
§ Guide the allocation of the Corporate Governance, Risk & Compliance Department work among the reporting team members to ensure the realization of approved strategic objectives and operational plans.
§ Manage the performance of reporting team members by setting clear annual objectives and KPIs, providing ongoing and periodic feedback, identifying development needs, and advising on capability improvement opportunities.
Budget Management
§ Manage the preparation of the annual operational budget for the Corporate Governance, Risk & Compliance Department and control expenditures in line with the approved budget.
Corporate Governance, Risk & Compliance
§ Lead the development and management of a comprehensive governance, risk, and compliance framework, ensuring continuous updates.
§ Formulate governance, risk, and compliance policies and procedures, and oversee their implementation.
§ Lead the development of an effective approaches, guidelines, and tools for risk detection, assessment, and prevention, disseminating them across all Authority departments.
§ Ensure proper implementation of risk mitigation plans by concerned departments, focusing on business continuity and disaster recovery risks.
§ Lead the process of reviewing and analyzing risks to identify improvement areas, coordinating with relevant departments.
§ Lead the evaluation of operational and financial risks affecting business continuity, comparing them against specified criteria such as cost, legal, and environmental factors.
§ Lead the coordination with the Internal Audit Department to communicate and address risks identified during internal audits effectively.
§ Lead the process of reviewing the Authority policies and procedures for compliance with laws and regulations, identifying and addressing non-compliance cases.
§ Serve as a point of contact for compliance matters within the Authority, responding to inquiries and ensuring compliance awareness.
Policies, Systems, Processes, Procedures, Standards and Reports
§ Direct the development of Corporate Governance, Risk & Compliance Department policies, systems, processes and procedures to ensure the consistent application and ease of operations for subordinates.
§ Review reports submitted by Corporate Governance, Risk & Compliance Department employees and prepare final reports for department head and relevant stakeholders, highlighting major accomplishments, issues and actions that were taken against them.
Continuous Improvement
§ Motivate subordinates and contribute to the identification of opportunities for continuous improvement of Corporate Governance, Risk & Compliance Department systems, processes and practices considering ‘international best practices’, improvement of business processes, cost reduction and productivity.
Related Tasks
§ Perform any other related tasks and duties as directed.
Technical Competencies
TECHNICAL COMPETENCIES
§ Budget Management - Advanced
§ Corporate Performance Management - Advanced
§ Strategic Planning - Advanced
§ People Performance Management - Advanced
§ Develop Policies and Procedures - Advanced
§ Project Management - Advanced
§ Relationship Management - Advanced
§ Business Related Writing and Reports - Advanced
§ Presentation Skills - Advanced
§ Language Proficiency - Advanced
§ Corporate Risk Management - Expert
§ Crises Management - Expert
§ Governance & Compliance Management - Expert
§ Compliance Monitoring - Expert
Education
Governance, Risk & Compliance or related field
Job Location Riyadh, Saudi Arabia Job Role Other Job Sector GRC
GRC
Corporate GRC Years of Experience Min: 10 Max: 15 Residence Location Saudi Arabia
