# Risk Officer - KSA

**Company:** [Bank of Jordan](http://jobs.workable.com/companies/bT1HoEkwDbsY1u1EPnfEzL.md)
**Location:** Riyadh, Saudi Arabia
**Workplace:** on site
**Employment type:** Full-time
**Department:** Saudi Arabia

[Apply for this job](http://jobs.workable.com/view/cd5887d6-c493-4eb9-a983-b9394c2fbc6b)

## Description

**Key Responsibilities**

-   Support the implementation and continuous enhancement of the Operational Risk Management Framework in line with Bank policies, SAMA regulations, and Basel standards.
-   Identify, assess, monitor, and report operational risks across the Branch while maintaining the Operational Risk Register.
-   Conduct Risk and Control Self-Assessments (RCSA) and evaluate the effectiveness of internal controls, identifying control gaps and recommending improvements.
-   Monitor Key Risk Indicators (KRIs), operational incidents, and loss events, perform root cause analysis, and follow up on corrective actions.
-   Review new products, services, projects, and major business changes from an operational risk perspective.
-   Prepare operational risk reports, recommendations, and management updates.
-   Follow up on Internal Audit, External Audit, and regulatory observations to ensure timely implementation of agreed actions.
-   Monitor regulatory developments and assess the impact of new SAMA and Basel requirements on the Branch.
-   Support Operational Risk stress testing, scenario analysis, Business Continuity Management (BCM), and Disaster Recovery initiatives.
-   Contribute to the development and update of Operational Risk policies and procedures, provide risk advisory support to business units, and promote risk awareness through training and guidance.

## Requirements

-   Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
-   Minimum **4 years of experience** in Operational Risk within the banking or financial sector.
-   Good knowledge of Operational Risk principles, SAMA regulations, and Basel requirements.
-   Professional certifications in Risk Management (e.g., **CORM**, **CORP**, or equivalent) are preferred.
-   Strong analytical, communication, problem-solving, and report-writing skills.
-   Good command of English (written and spoken).
-   Ability to work under pressure and collaborate effectively across departments.