Manager Risk Regulatory & Forensic Regulatory & Financial Risk📣 إعلان

About Deloitte and the Role

Deloitte is seeking a Manager, Risk Regulatory & Forensic Regulatory & Financial Risk to join its full-time team in Riyadh, Saudi Arabia. This role is integral to Deloitte's mission of making an impact that matters for clients, people, and society by delivering innovative insights and solving complex challenges. The Manager will contribute to upholding organizational integrity and building trust in the markets. Candidates should possess 5-10 years of relevant experience.

Role Overview

As a Manager, you will be responsible for developing and demonstrating capabilities across various operational risk management domains. This includes enhancing risk frameworks, conducting comprehensive risk assessments, establishing robust monitoring mechanisms, and managing incident response. The role involves ensuring the accuracy and effectiveness of risk controls and providing essential reporting and training to stakeholders, aligning with Deloitte's shared values of leading the way and serving with integrity.

Key Responsibilities

• Framework & Governance: Update and enhance the Operational Risk Management (ORM) Policy to align with CMA Prudential Rules (Pillar 2/3). Standardize risk categories, including Fraud, ICT, Process, and Legal risks, along with their scoring scales.
• Risk Assessment (RCSA): Refresh or create risk registers for all departments. Conduct workshops with business owners to identify risks and map existing controls. Produce visual 5x5 matrices to illustrate Inherent versus Residual risk levels.
• Monitoring & Metrics (KRI/KCI): Establish a Key Risk Indicator (KRI) library with specific "Red/Amber/Green" thresholds. Define Key Control Indicators (KCI) to monitor the effectiveness of critical controls.
• Incident Management (RCA): Build or update a loss database for tracking operational losses and near-misses. Develop and provide a methodology for Root Cause Analysis (RCA) to analyze major failures and propose corrective actions.
• Validation: Act as a second line of defense to challenge and verify the realism of risk scores provided by departments. Conduct sample testing to confirm the existence and effectiveness of controls listed in registers. Perform back-testing by cross-checking registers against the Incident Log to ensure all past failures are captured as risks.
• Reporting & Training: Create concise semi-annual operational risk dashboards for the Risk Committee. Conduct capacity-building training for staff on incident reporting and updating risk registers.

Leadership Capabilities

• Develop an understanding of Deloitte's purpose and values, exploring opportunities for impact.
• Demonstrate a strong commitment to personal learning and development, acting as a brand ambassador to attract top talent.
• Understand expectations and show personal accountability for maintaining performance.
• Actively focus on developing effective communication and relationship-building skills.
• Understand how daily work contributes to the priorities of the team and the business.

Qualifications and Requirements

• Minimum of 5-10 years of experience in a relevant field.
• Experience working with Operational Risk Systems; familiarity with the BenchMatrix Risk Nucleus System is an added advantage.
• An IT background is required for consultants in this role.
• Proficiency in Arabic is mandatory.

Application Information

Candidates who meet the outlined qualifications and are interested in contributing to a leading professional services firm are encouraged to apply.