Sr Specialist I, Risk & BCM Job

An exciting opportunity is available for Sr. Specialist, Risk & BCM, located in Riyadh. 

Report to: Manager, Risk Management.

Job purpose:

We are seeking a highly motivated Specialist to join our growing Risk Management & BCM team. In this role, you will play a vital role in identifying, assessing, and mitigating risks across the organization and managing BCM Function. You will also be responsible for supporting the development and implementation of strong Risk & BCM frameworks.

Role responsibilities:

• Participate in the ongoing development, testing, and revision of the BCP, ensuring alignment with industry best practices and regulatory requirements.
• Conduct risk assessments to identify potential threats and vulnerabilities that could disrupt critical business functions.
• Analyze the impact of potential disruptions on business operations, financial performance, and reputational risk
• Analyze data and develop reports to communicate risk information to senior management.
• Assist in developing and implementing risk mitigation strategies and action plans.
• Monitor compliance with Risk & BCM Policies, procedures, and external regulations.
• Coordinate with all SBUs / BUs / Functions / Department to develop and document detailed recovery strategies for critical business processes, outlining steps for resuming operations after an incident.
• Stay updated on relevant industry regulations and best practices in risk management and BCM.
• Facilitate and participate in BCP training and awareness programs for employees across the organization.
• Coordinate with all SBUs / BUs / Functions / Department to maintain and update business continuity documentation, including risk assessments, recovery plans, and communication protocols.
• Track industry trends and best practices in BCM, recommending improvements to the organization's BCM program.
• Conduct gap analyses to identify areas for improvement in the BCP and recommend solutions.
• Contribute to the continuous improvement of Risk Management & BCM program.
• Support BCP testing and exercises, evaluating the effectiveness of recovery plans and identifying areas for improvement.
• Maintain accurate and up-to-date risk management documentation.
• Collaborate effectively with cross-functional teams to integrate risk management considerations into business processes.
• Prepare reports and presentations on risk management activities, and BCM status for senior management.
• Facilitate and participate in training and awareness programs for employees across the organization.
• Work collaboratively with various departments (IT, Operations, Human Resources) to ensure alignment and coordination in BCP efforts.
• Maintain strong working relationships with key stakeholders across the organization.
• Monitor and report on the effectiveness of operational risk controls.
• Maintain a strong understanding of the organization's operations and risk appetite.

Qualifications and Requirements:

• Bachelor’s degree Bachelor's degree in business administration, finance, risk, project management, any other relevant field.
• +4years of experience
• Exceptional written and verbal communication skills, including executive-level correspondence.
• ServiceNow experience (particularly with onboarding or workflow management).
• Familiarity with GRC (Governance, Risk & Compliance) frameworks.
• Business Process Modeling
• Business Intelligence (BI) tools
• Data Analysis and Reporting Tools
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
• Experience with risk management software (a plus).
• Ability to work independently and as part of a team.
• Strong attention to detail and accuracy.
• Ability to prioritize multiple tasks and meet deadlines.
• The ability to pay close attention to detail to ensure accuracy and completeness.
• The ability to think critically and analyze information to identify potential risks and opportunities.