Manager Risk📣 Job Ad

Manager, Risk - Boutique Group

Boutique Group is seeking a highly skilled and experienced Manager, Risk to join its team in Riyadh. This full-time role is crucial for enhancing the organization's resilience and strategic decision-making within the luxury hospitality sector. The ideal candidate will possess 5-10 years of relevant experience in risk management.

Purpose of the Role

The Manager, Risk will be responsible for effectively managing Boutique Group’s enterprise risk function. This involves leading comprehensive risk assessments, developing robust mitigation strategies, ensuring adequate insurance and compliance coverage, and cultivating an informed and accountable risk culture across the organization. The role also contributes to operational excellence through enhanced governance, process optimization, and performance monitoring.

Key Responsibilities

• Contribute to the development and execution of the Risk, Security, and Resilience department’s short to mid-term plans, ensuring alignment with strategic priorities and corporate goals.
• Develop annual business plans for assigned areas of responsibility to support financial and strategic objectives, and monitor key performance indicators.
• Contribute to the development and implementation of departmental policies, systems, processes, and procedures, identifying potential areas for improvement.
• Ensure compliance with corporate requirements and relevant regulatory directives to promote a safe and risk-free environment.
• Conduct enterprise risk assessments across financial, operational, compliance, and reputational areas, identifying emerging threats and evaluating their potential business impact.
• Develop and implement risk mitigation frameworks, incident response plans, and reporting protocols to enhance organizational resilience.
• Maintain and continuously update the corporate risk register, working with departments to assign ownership and track mitigation plans.
• Lead internal awareness programs and training sessions to build a risk-informed culture across departments and promote accountability.
• Monitor insurance coverage adequacy and alignment with organizational needs, and oversee vendor and third-party risk reviews.
• Coordinate with internal stakeholders to assess operational readiness during critical business expansions, projects, or high-risk engagements.
• Develop scenario planning exercises and tabletop simulations to test risk controls, business continuity, and emergency response effectiveness.
• Identify inefficiencies in risk operations and propose process improvements or automation opportunities to enhance response time and reporting accuracy.
• Collaborate with other GRC functions to develop and implement standard operating procedures (SOPs) that streamline risk governance.
• Benchmark internal risk practices against local and international best practices to raise functional maturity and operational performance.
• Prepare timely and accurate risk reports, dashboards, and incident summaries in line with Boutique Group’s policies and executive requirements.
• Highlight critical risk exposures and mitigation progress to senior management, supporting strategic decision-making.

Qualifications and Experience

• A minimum of 5-10 years of experience in risk management or a related field.
• Demonstrated ability to conduct enterprise-wide risk assessments and develop mitigation strategies.
• Strong understanding of compliance frameworks, insurance coverage, and governance principles.
• Proven experience in developing and implementing risk management policies and procedures.
• Ability to lead training programs and foster a risk-aware culture.

About Boutique Group

Boutique Group is dedicated to redefining luxury hospitality by transforming Saudi Arabia’s most iconic historic and cultural palaces into ultra-luxury boutique hotels. The company is committed to storytelling, authenticity, and excellence, curating exceptional hospitality experiences that celebrate the Kingdom’s rich history while setting new industry benchmarks. Its growing portfolio includes The Red Palace, Al Hamra Palace, and Tuwaiq Palace, each undergoing meticulous restoration and reimagination for contemporary ultra-luxury hospitality.

Application Information

We invite qualified candidates to apply for this challenging role. Salary for this position will be discussed during the interview process.