Chief Risk Officer

Lead strategic risk oversight for one of the region’s most trusted financial institutions.

We are a trusted recruitment partner, dedicated to connecting accomplished professionals with leading organizations across sectors. On behalf of a well-established Saudi bank headquartered in Riyadh, we are hiring a visionary Chief Risk Officer (CRO) to spearhead the institution’s risk management strategy. This is a full-time, on-site leadership role with high impact and visibility within the financial services sector.

About the Role

As the Chief Risk Officer, you will be responsible for developing, implementing, and maintaining the bank’s enterprise-wide risk framework. This role plays a critical part in ensuring regulatory compliance, financial stability, and operational resilience while aligning risk strategies with business goals.

Key Responsibilities

Oversee the development and execution of the bank’s risk management framework, policies, and procedures.

Lead risk identification, assessment, mitigation, and monitoring across all departments.

Ensure full compliance with SAMA and international regulatory standards.

Advise executive leadership and the Board of Directors on emerging risks and strategic recommendations.

Supervise the Risk, Credit Risk, Operational Risk, and Market Risk teams.

Review and assess risk exposure in areas including credit, market, operational, liquidity, cyber, and reputational risks.

Drive the implementation of risk analytics, tools, and reporting mechanisms.

Foster a risk-aware culture throughout the organization through training and policy advocacy.

Coordinate with internal and external auditors and regulators.

Qualifications

Bachelor’s degree in Finance, Economics, Risk Management, or a related field (Master’s or relevant certification such as FRM or PRM is highly preferred).

12+ years of experience in risk management within the banking or financial services sector, including at least 5 years in a senior leadership capacity.

Deep understanding of local and international banking regulations, including Basel III and SAMA guidelines.

Proven leadership and stakeholder engagement experience at board and executive level.

Strong analytical and decision-making skills with the ability to manage complexity.

Exceptional communication and presentation skills.

Fluency in English is required; Arabic proficiency is an advantage.

What’s Offered

Full-time, senior executive role based in Riyadh.

Competitive executive compensation package with performance-based incentives.

Opportunity to lead risk strategy at a well-capitalized, highly respected Saudi bank.

A collaborative executive environment focused on long-term growth and innovation.

Exposure to regional and global financial regulatory environments.

📩 Apply Now

If you are a seasoned risk executive with a strategic mindset and a deep understanding of financial risk governance, we invite you to apply and shape the future of one of Saudi Arabia’s leading financial institutions.

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