F
Risk Officer
Foodics
Riyadh, Saudi ArabiaAED 5,000-12,000/mo≈ SAR 5.1K-12.2K/moToday
Saudi ArabiaFinance & AccountingFull Time
Skills Required
ExcelErp
Job Description
Who Are We?Who Are We❓We Are Foodics! a leading restaurant management ecosystem and payment tech provider. Founded in 2014 with headquarters 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. 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 SupportAssist in analyzing SAMA regulations relevant to Foodics\' operations, including licensing, capital adequacy, and reportingContribute to the development and updating of risk policies and procedures in line with regulatory guidelinesSupport the preparation and submission of required reports to regulatory bodies such as SAMARisk Assessment & AnalysisParticipate in risk identification activities across operational, financial, credit, market, and cybersecurity domainsHelp maintain and enhance the company\'s risk management framework and risk registerSupport the design and execution of stress testing and scenario analysisTraining & AwarenessAssist in developing and delivering training sessions on risk management principles and compliance requirementsHelp communicate risk-related updates and practices to relevant teams and stakeholdersMonitoring & ReportingSupport ongoing monitoring of risk exposures and the effectiveness of mitigation strategiesAid in internal and external audit preparations and follow-up on audit findingsPrepare routine risk reports and dashboards for management reviewDocumentation & Process SupportEnsure accurate documentation of risk assessments, decisions, and proceduresMaintain organized records in accordance with internal and regulatory standardsKey Deliverables:Risk assessment reportsUpdated risk registersTraining materials and session summariesRisk mitigation action plansIncident and issue logsSupport in framework and policy documentationWhat Are We Looking For?1-3 years of experience in risk management, preferably within the financial services or technology sectorsBachelor\'s degree in risk management, Finance, Business, Actuarial Science, or a related fieldUnderstanding of risk assessment, control methodologies, and reportingFamiliarity with SAMA regulations and compliance requirements is a plusGood project coordination and organizational skillsProficiency in Microsoft Office (Excel, PowerPoint, Word) and G-Suite toolsCollaborative attitude, proactive mindset, and strong attention to detailWhat We Offer YouWhat We Offer You❗We believe you will love working at Foodics!We have an inclusive and diverse culture that encourages innovation and flexibility in officesWe offer highly competitive compensation packages, including bonuses and the potential for sharesWe prioritize personal development and offer regular training and an annual learning stipend to tackle new challenges and grow your career in a hyper-growth environmentJoin a talented team of over 30 nationalities working in 14 countries, and gain valuable experience in an exciting industryWe offer autonomy, mentoring, and challenging goals that create incredible opportunities for both you and the company#J-18808-Ljbffr
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