Risk Governance and Compliance Officer
4 days ago
Job Description
The Senior Risk Analyst - Sharq Insurance will provide critical support to the Head of Risk Management-Sharq Insurance in maintaining the overall adequacy and effectiveness of risk management techniques and processes within Sharq Insurance.
About the Role
- This senior-level role involves assisting in the development and implementation of a robust and uniform risk management framework, including processes, tools, and systems, to identify, assess, measure, manage, monitor, and report on risks.
Responsibilities
- Perform all activities assigned by the Head of Risk Management in compliance with applicable regulations and internal policies/procedures.
- Ensure prompt maintenance of Sharq Insurance's KRIs and Risk Register, with current/updated records based on risk identification exercises.
- Assist in the identification and evaluation of business areas' risks to facilitate the development and implementation of risk mitigation strategies.
- Develop periodic Risk Management Reports for the Audit & Risk Committee and Board.
- Support the Head of Risk Management in the RCSA process, including but not limited to identification, assessment, management, and reporting of operational risks and controls across Sharq Insurance.
- Contribute to the ORSA process and develop the Annual ORSA Report.
Requirements
- University graduate with a minimum of 5 years' experience in general insurance or a related field, preferably with Internal Audit expertise.
- Risk or Internal Audit Certification is advantageous.
- Excellent communication and interpersonal skills are essential for success in this role.
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