Governance, Risk, and Compliance (GRC) Specialist

About the Role

The Strategy Department is seeking a Governance, Risk, and Compliance (GRC) Specialist who possesses practical expertise in developing and implementing comprehensive corporate governance, risk management, and compliance frameworks. This role aims to enhance the organization's corporate oversight, support informed decision-making, and ensure sustainable operational practices. The selected candidate will be responsible for leading the GRC initiatives across the company and its branches, including crafting frameworks and policies, managing risk and compliance registers, generating executive-level reports, and aiding the activities of committees and the Board of Directors.

Key Responsibilities

• Create and regularly update the corporate risk registers for both the main company and its branches.
• Carry out risk assessments in collaboration with various departments and branches, while overseeing remediation plans and control effectiveness.
• Prepare and analyze risk monitoring reports and dashboards to underpin executive decision-making and promote a culture of risk management across the organization.
• Develop and maintain records for regulatory compliance, ensuring organizational adherence to applicable laws and regulations.
• Coordinate follow-ups on audit and regulatory observations until successful closure, working closely with departments and branches.
• Generate periodic compliance and oversight reports for senior management and committees, enhancing awareness of compliance requirements.
• Design, update, and implement governance frameworks, policies, and organizational manuals, supervising compliance with the Delegation of Authority (DoA).
• Support committees, executive management, and the Board with preparation of reports and executive presentations.
• Track implementation of audit recommendations and corrective measures, contributing to institutional maturity and adoption of leading governance practices.

Qualifications and Experience

• Bachelor's degree in Business Administration, Law, Accounting, Public Administration, or related disciplines.
• Between four and six years of proven experience in governance, risk management, or compliance, with hands-on involvement in building GRC frameworks and developing risk and compliance documentation, policies, and procedures.
• Skilled in preparing executive-level reports and presentations for senior management and board committees, coupled with strong analytical capabilities to evaluate organizational reports and recommend improvements.
• Experience in the education sector or multi-branch organizations is desirable.
• Good understanding of legal and regulatory frameworks, with a preference for familiarity with governance regulations applicable to joint-stock companies.
• Proficiency in spoken and written English along with advanced knowledge of Excel and PowerPoint.
• Possession of relevant certifications in governance, risk, or compliance (such as CRMA, CIA, ISO 31000, GRCP) is advantageous.
• Familiarity with audit committees, boards of directors, and regulatory body interactions is preferred.

Skills

• Strong analytical and strategic thinking abilities.
• Expertise in report preparation and executive presentation development.
• Effective communication, presentation, and persuasion skills.
• Stakeholder management proficiency.
• Attention to detail and high accuracy standards.
• Competence in analyzing data and managing dashboards.
• Experience using digital tools supporting governance, risk, and compliance processes.
• Capability to manage multiple projects simultaneously and operate independently.

Work Location

Jeddah, Makkah, Saudi Arabia (Onsite)