Purpose

The Risk Management Specialist is responsible for identifying, assessing, monitoring, and reporting risks that could impact the organization’s strategic and operational objectives. The role plays a critical part in developing and embedding risk management frameworks, policies, and practices, while ensuring alignment with regulatory requirements and corporate governance standards. As a subject matter expert, the role will guide risk owners, coordinate risk assessments, and support enterprise-wide risk mitigation efforts.

Responsibilities

• Support the implementation of strategic initiatives to strengthen OMRAN’s data protection and business continuity framework, ensuring alignment with regulatory standards and company objectives.
• Collaborate with Line Manager to contribute to the development of data protection and continuity strategies, ensuring their integration into OMRAN’s operational risk management practices.
• Develop, implement, and maintain the enterprise risk management (ERM) framework.
• Review and update risk policies, procedures, and risk appetite statements regularly.
• Promote a strong risk culture across the organization.
• Facilitate risk identification workshops and support departments and subsidiaries in conducting risk assessments.
• Analyze risk trends and emerging threats (e.g., geopolitical, economic, operational).
• Maintain and regularly update the corporate risk register.
• Prepare risk reports and dashboards for senior management, and board committees.
• Evaluate the effectiveness of risk controls and recommend enhancements.
• Monitor key risk indicators (KRIs) and follow up on mitigation actions.
• Support root cause analysis of incidents and ensure corrective actions are implemented.
• Coordinate with units/subsidiaries in developing risk response strategies for high-priority risks.
• Ensure risk practices align with corporate governance frameworks, internal policies, and external regulations.
• Collaborate with different units, subsidiaries, internal audit, legal, compliance, and business continuity teams for a holistic approach to risk management.
• Conduct training and awareness programs to enhance risk knowledge and accountability across departments.
• Serve as an advisor to business units/subsidiaries on integrating risk thinking into planning and decision-making.
• Ensure that an annual training plan is prepared for board members, executive management, key staff members and focal points.

Education & Experience

• Bachelor’s degree in Risk Management, Business Management, Law or a related field.
• Familiarity with international standards like ISO 31000, COSO, ISO22301 ...etc.
• Minimum of 5 years of relevant experience in enterprise risk management or a related role.
• Strong understanding of ERM methodologies, risk assessment tools, and governance frameworks.
• Familiarity with regulatory and industry-specific risk requirements.