Senior Governance, Risk & Compliance (GRC) Officer

TAWANTECH

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 Responsibilities Governance

• 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