Risk Officer
Mid-Senior levelBachelor's DegreeInformation Technology and ServicesRegulatory & Government Affairs
About the role
Who Are We❓
We Are Foodics!a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarter in Riyadh and offices across 5 countries, including UAE, Egypt, Jordan and Kuwait. We are currently serving customers and partners in over 35 different countries worldwide. Our innovative products have successfully processed over 6 billion (yes, billion with a B) orders so far! making Foodics one of the most rapidly evolving SaaS companies to ever emerge from the MENA region. Also Foodics has achieved three rounds of funding, with the latest raising $170 million in the largest SaaS funding round in MENA, boosting its innovation capabilities to better serve business owners.
The Job in a Nutshell💡
The Risk Specialist will support the development and maintenance of the risk management framework at Foodics. Working under the guidance of the Risk Lead, you will help ensure the company's risk exposures are identified, assessed, and managed within the defined risk appetite, in compliance with regulatory
requirements
and industry best practices.
What Will You Do❓
Regulatory Compliance Support
- Assist in analyzing SAMA regulations relevant to Foodics' operations, including licensing, capital adequacy, and reporting.
- Contribute to the development and updating of risk policies and procedures in line with regulatory guidelines.
- Support the preparation and submission of required reports to regulatory bodies such as SAMA.
Risk Assessment & Analysis
- Participate in risk identification activities across operational, financial, credit, market, and cybersecurity domains.
- Help maintain and enhance the company's risk management framework and risk register.
- Support the design and execution of stress testing and scenario analysis.
Training & Awareness
- Assist in developing and delivering training sessions on risk management principles and compliance requirements.
- Help communicate risk-related updates and practices to relevant teams and stakeholders.
Monitoring & Reporting
- Support o…