Enterprise Risk Management (ERM) Consultant - At Client Location

Note : This is job is based in client's location in Saudi ArabiaJob Title : Enterprise Risk Management (ERM) ConsultantLocation : Riyadh, Saudi ArabiaCompany : TechElevateAbout Us : TechElevate is a Pune-based Technology Consulting and Talent Development firm that supports organizations with secure, scalable digital solutions and empowers individuals with in-demand technical skills.Experience : 10 to 15 yearsQualifications : Bachelor’s or Master’s degree in Risk Management, Business Administration, or a related fieldStrong knowledge of ISO 31000 risk management standardsSkills : Proven experience in governance, operational risk, and strategic risk assessmentsExcellent analytical, problem-solving, and communication skillsAbility to develop and implement policies and procedures effectivelyProficiency in risk assessment tools and software (preferred)Key Responsibilities : Conduct comprehensive assessments of the current Enterprise Risk Management framework, governance structures, and practicesIdentify gaps and recommend improvements to comply with SAMA ERM regulations and ISO 31000 best practicesDevelop and implement a robust ERM strategy aligned with organizational objectives and risk cultureDraft, review, and update ERM-related policies, standards, and proceduresEstablish clear governance structures for risk ownership, reporting, and escalationIntegrate risk management into corporate strategy, business planning, and decision-making processesDevelop or refine the Risk Appetite Statement and Risk Tolerance limits with senior management and the boardAlign risk appetite with regulatory expectations, business objectives, and capital adequacy requirementsImplement a structured risk assessment program covering risk identification, analysis, evaluation, and monitoringFacilitate workshops and interviews with business units to assess strategic, operational, financial, compliance, and reputational risksCreate and maintain risk registers, heat maps, and dashboards to improve visibility of risk exposuresProvide periodic risk reports to senior management, Risk Committees, and the BoardEnsure all ERM activities comply with SAMA ERM framework and ISO 31000 : 2018 principlesSupport internal and external audits and regulatory reviews by providing evidence of ERM complianceDeliver training and awareness sessions on ERM concepts, policies, and responsibilitiesFoster a risk-aware culture throughout the organization