Risk Management Associate
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.
Job Location Jeddah , Saudi Arabia Job Role Support Functions
