Senior Risk Officer📣 Job Ad

About the Role

Hyundai Motor Company is seeking a Senior Risk Officer to join its team in Makkah, specifically within King Abdullah Economic City. This full-time position is crucial for supporting the delivery of the Enterprise Risk Management (ERM) program through direct execution of risk identification, assessment, monitoring, and reporting activities.

Key Responsibilities

The Senior Risk Officer maintains the enterprise risk register and Key Risk Indicators (KRIs), collaborates with risk owners across the business to track risk treatment plans, and prepares clear, accurate risk reporting for the Risk Manager, senior management, and the Audit & Risk Committee (ARC). This role also involves supporting the Business Continuity Management (BCM) program and corporate insurance initiatives.

Core Risk Management Functions

• Plan and execute risk identification and assessment activities, facilitating workshops with risk owners and documenting risks, causes, consequences, and controls.
• Apply the Company’s risk scoring methodology consistently and prepare clear risk assessment outputs for review.
• Conduct deep-dive assessments and scenario analysis on specific risk areas, such as supply chain, logistics, project delivery, and compliance.
• Act as the day-to-day custodian of the enterprise risk register, ensuring entries are complete, accurate, current, and properly owned.
• Maintain and monitor Key Risk Indicators (KRIs), collecting data, tracking thresholds, and flagging breaches or adverse trends.
• Perform ongoing horizon scanning to identify emerging risks for escalation.
• Track risk treatment and mitigation action plans, following up with action owners, challenging revised due dates, escalating overdue actions, and verifying closure.
• Prepare draft risk reports, heat maps, KRI dashboards, and ARC materials, ensuring consistency of ratings and clear presentation of key messages.
• Support the Business Continuity Management (BCM) program (ISO 22301), including business impact analysis, plan maintenance, and coordination of continuity tests.
• Assist in coordinating the corporate insurance program, helping to maintain asset/exposure data and liaising with the Risk Manager and brokers as required.
• Support the delivery of risk training and awareness activities to embed risk ownership in the first line.

Collaboration and Program Support

• Support the Risk Manager in the day-to-day delivery of the ERM program and may guide or review the work of junior staff, contractors, or interns.
• Provide coaching and knowledge transfer to first-line risk owners and workshop participants.
• Proactively propose practical improvements to risk processes and tools, and positively advocate for change and a strong risk culture across the Company.
• Work across functions, including Internal Audit, Compliance, HSE, Finance, and Project/Operations, to gather risk information and support a coordinated assurance approach.
• Build working relationships with risk owners and internal/external stakeholders to enable effective sharing of risk information.
• Operate within the Risk Function’s expense budget and perform all activities in line with the ERM Policy, methodology, and the Company’s Delegation of Authority.

Qualifications and Experience

• A minimum of 5-10 years of experience in a relevant risk management role.
• A recognized risk certification such as CRMA, FRM, PRM, or ISO 31000 is preferred.
• Certifications including CIA, CPA, ACCA, or CFE are considered an advantage.

Work Environment

This is a full-time position based in Makkah, King Abdullah Economic City, reporting to the Risk Manager. The role requires adherence to established policies and procedures, with strategic and critical matters referred for approval.