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Head of Operation Risk Management

posted by: spj_bot

About us: Soar is a global fintech startup that specializes in financing and investment. Currently headquartered in Saudi Arabia, Soar is growing throughout the region with a mission to help people achieve their financial goals with innovative financial and property investment solutions and tools through its multi-purpose platform, designed to offer a simple and seamless user experience.

Role Summary:

The Head of Operational Risk Management is a critical leadership role responsible for developing, implementing, and maintaining a robust operational risk management framework across the organization, in compliance with Saudi Central Bank (SAMA) requirements. The HORM will report to the Chief Risk Officer (CRO) and will oversee the identification, assessment, mitigation, monitoring, and reporting of all operational and technology risks. This role is also responsible for establishing the Fraud Risk Management Framework, with the Fraud Risk Manager reporting directly to this position. The core objective is to minimize potential losses arising from failed internal processes, systems, people, or external events.

Key responsibilities:

Job Skills

professional operational risk management processes systems leadership data collection process mapping arabic risk management bank managing system data fraud investigation mitigation certify fraud examiner policy governance cybersecurity financial risk management business technology communication key risk indicator fraud prevention detection integrity platform internal audit operational risk data integrity control optimization professional certifications operational financing enforce timelines internal control risk register risk management framework incident reporting risk aware accountability collaborate finance risk multi purpose business continuity risk manager operations deficiencies automated audit asset backed service sector innovative scenario analysis financial institution professional certification financial service risk governance mitigate write communication english investment e user experience root cause analysis plans PRM cyber security manage
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