Senior Governance, Risk & Compliance (GRC) Officer at TAWANTECH

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

20 Apr, 26

Salary

0.0

Posted On

20 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Governance, Risk Management, Compliance, Internal Controls, Analytical Skills, Documentation Skills, Communication Skills, SAMA Regulations, Risk Assessments, Regulatory Compliance, Audit Coordination, Regulatory Reporting, Risk Monitoring, Regulatory Changes, GRC Frameworks, Continuous Improvement

Industry

Software Development

Description

Job Summary The Senior GRC Officer supports and enhances the Bank’s Governance, Risk, and Compliance framework in line with Saudi Central Bank (SAMA) regulations, internal policies, and international best practices. The role is hands-on and advisory in nature, focusing on regulatory compliance, risk monitoring, governance processes, and internal controls, without managerial or people management responsibilities. Key ResponsibilitiesGovernance Implement and maintain governance policies, procedures, and frameworks in line with SAMA Corporate Governance Regulations Support preparation of GRC reports for senior management, Board Committees, and regulators Ensure proper documentation, tracking, and periodic review of governance-related policies Risk Management Perform and review risk assessments across banking functions (operational, compliance, and strategic risks) Maintain risk registers, Key Risk Indicators (KRIs), and risk action plans Monitor risk exposures and escalate material risks to management as required Support new products, processes, and change initiatives from a risk perspective Compliance Monitor compliance with SAMA regulations, circulars, and regulatory requirements Conduct compliance reviews, gap assessments, and thematic reviews Track regulatory changes and assess business impact Support regulatory examinations, inspections, and information requests Assist in regulatory reporting and follow-up on supervisory observations Internal Controls & Assurance Review internal controls and support enhancement initiatives Coordinate with Internal Audit and business units on audit findings and remediation actions Track closure of audit issues and regulatory findings Advisory & Support Provide GRC advisory support to business units on policies, procedures, and regulatory matters Promote a strong risk and compliance culture within the Bank Contribute to continuous improvement of GRC tools, templates, and methodologies Education Bachelor’s degree in Banking, Finance, Accounting, Risk Management, Business Administration, Law, or related field Experience 5–8 years of experience in Governance, Risk, Compliance, Audit, or Risk Management Banking experience within Saudi Arabia or GCC is required Hands-on exposure to SAMA regulations and regulatory compliance activities Skills & Competencies Strong knowledge of Saudi banking regulations and compliance requirements Solid understanding of enterprise risk management and internal control frameworks Strong analytical and reporting skills Excellent attention to detail and documentation skills Ability to work independently and manage multiple priorities Strong written and verbal communication skills Preferred Qualifications Professional certifications such as CRISC, CISA, CIA, CRCM, CAMS, or FRM Familiarity with Basel frameworks, COSO, ISO 31000, and AML regulations Experience supporting regulatory audits and SAMA inspections

Responsibilities

The Senior GRC Officer is responsible for implementing and maintaining governance policies, conducting risk assessments, and ensuring compliance with regulatory requirements. The role also involves providing advisory support to business units and promoting a strong risk and compliance culture within the Bank.