Enterprise Risk Management (ERM) Consultant

As an Enterprise Risk Management (ERM) Consultant at TechElevate in Riyadh, Saudi Arabia, you will play a crucial role in enhancing the organization's risk management framework and practices. TechElevate is a Pune-based Technology Consulting and Talent Development firm dedicated to providing secure and scalable digital solutions while empowering individuals with essential technical skills. **Key Responsibilities:** - Conduct thorough assessments of the current Enterprise Risk Management framework, governance structures, and practices. - Identify gaps and propose enhancements to align with SAMA ERM regulations and ISO 31000 best practices. - Develop and execute a robust ERM strategy in line with organizational goals and risk culture. - Draft, review, and update ERM-related policies, standards, and procedures. - Establish transparent governance structures for risk ownership, reporting, and escalation. - Integrate risk management into corporate strategy, business planning, and decision-making processes. - Collaborate with senior management and the board to define the Risk Appetite Statement and Risk Tolerance limits. - Ensure alignment of risk appetite with regulatory expectations, business objectives, and capital adequacy requirements. - Implement a structured risk assessment program covering risk identification, analysis, evaluation, and monitoring. - Conduct workshops and interviews with various business units to evaluate strategic, operational, financial, compliance, and reputational risks. - Create and maintain risk registers, heat maps, and dashboards to enhance visibility of risk exposures. - Generate regular risk reports for senior management, Risk Committees, and the Board. - Ensure compliance of all ERM activities with SAMA ERM framework and ISO 31000:2018 principles. - Support internal and external audits and regulatory reviews by providing evidence of ERM compliance. - Deliver training and awareness sessions on ERM concepts, policies, and responsibilities. - Cultivate a risk-aware culture across the organization. **Qualifications Required:** - Bachelor's or Master's degree in Risk Management, Business Administration, or a related field. - Strong knowledge of ISO 31000 risk management standards. Join TechElevate as an ERM Consultant to contribute towards building a resilient risk management environment and driving organizational success.,