Senior Risk Officer

About the Role

Hyundai Motor Company is seeking a Senior Risk Officer to join their team in Makkah, specifically in King Abdullah Economic City. This full-time role is central to supporting the implementation of the Enterprise Risk Management (ERM) program by identifying, assessing, monitoring, and reporting business risks across the organization.

Role Purpose and Context

The Senior Risk Officer maintains the enterprise risk register and Key Risk Indicators (KRIs), follows up on risk mitigation plans, and prepares comprehensive risk reports. This position involves close collaboration with various departments and reports to the Risk Manager, senior management, and the Audit & Risk Committee (ARC).

Key Responsibilities

• Conduct risk assessments, facilitate risk workshops, identify potential risks, evaluate their impact, and recommend mitigation measures.
• Maintain the enterprise risk register, monitor Key Risk Indicators (KRIs), track risk trends, and identify emerging risks.
• Follow up with risk owners on mitigation plans, monitor progress, and escalate overdue or critical actions.
• Prepare risk reports, dashboards, heat maps, and presentations for management and the Audit & Risk Committee.
• Support the Business Continuity Management (BCM) program, including business impact assessments and continuity testing.
• Support corporate insurance activities, maintain exposure data, and coordinate with insurance brokers when required.
• Promote risk awareness across departments and support training and knowledge-sharing initiatives.
• Work closely with Finance, Compliance, Internal Audit, Operations, and other departments to strengthen risk management practices.
• Ensure all activities comply with the company's ERM policies, procedures, and governance requirements.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience in risk management.
• Demonstrated ability to implement and manage Enterprise Risk Management (ERM) programs.
• Strong understanding of risk identification, assessment, monitoring, and reporting methodologies.

Work Environment and Collaboration

This role operates within a collaborative environment, requiring regular interaction with various internal departments to ensure robust risk management practices are integrated across the company. The position is based in King Abdullah Economic City, Makkah.

Application Information

This is a full-time position. Salary details will be discussed during the interview process.