Risk Manager - Paylink

Job Summary

PayLink is seeking a Risk Manager to lead its Enterprise Risk Management (ERM) function as an independent control function. You will develop and maintain the risk management framework, assess risks across the business, and provide clear insights that support informed decisions, business resilience, and compliance with applicable Saudi Central Bank (SAMA) requirements.

The role works closely with senior management, relevant committees, and departmental risk owners while maintaining independent oversight and clear accountability.

Key Responsibilities

• Governance, Strategy and Risk Management Framework
• Develop and update the Enterprise Risk Management (ERM) framework, policies, methodologies, tools and templates, and submit them for approval under the delegation of authority.
• Prepare an annual risk management strategy and work plan aligned with the Company's strategy, license category and scale of operations.
• Define roles, responsibilities, escalation lines, risk owners and control owners in coordination with relevant departments, without imposing unapproved operational authority.
• Support the Risk Committee and relevant committees by preparing materials and reports and tracking decisions within each committee's mandate.
• Review the framework periodically following product, business model or regulatory changes or material events.
• Risk Identification, Assessment and Risk Register
• Lead enterprise assessments of inherent and residual risk in collaboration with departmental risk owners.
• Establish and maintain the enterprise risk register, documenting causes, impacts, controls, assessments, treatment owners and target dates.
• Coordinate Risk and Control Self-Assessments (RCSA) and challenge the reasonableness of assessments against available evidence.
• Assess enterprise risks arising from new products and services, material changes, projects, expansion and partnerships before recommendations are submitted.
• Conduct scenario analyses and stress testing in line with priorities, capabi…