Risk Internal Audit and Cyber Security Executive Director

Michael Page

Saudi Arabia

Ref: HP350-5289

Job description / Role

Employment: Full Time

• To plan, direct and lead the development and implementation of strategies, policies, and procedures related to Risk, Internal Audit & Cyber Security, ensuring the proper establishment of related frameworks, controls, tools, etc. that will enable company to proactively identify, monitor and mitigate any potential business risks.

Client Details

Risk Internal Audit and Cyber Security Executive Director / Public Sector / Riyadh / KSA National

Development project


Risk Internal Audit and Cyber Security Executive Director / Public Sector / Riyadh / KSA National

Strategic Contribution
• Participate and contribute to the development and refinement of companys' vision and long-term strategy from Risk, Internal Audit &Cyber Security perspectives, and contribute to the overall process of corporate governance, management and corporate decision making to ensure that the organization maximizes returns to its stakeholders.
• Lead the development and oversee implementation of the Risk, Internal Audit &Cyber Security division's strategy by ensuring that companys' long and short-term plans are effectively converted into the acceptable divisional performance objectives in line with established service levels.
• Ensure proper implementation of the corporate strategy by managing the day-to-day operations of the Risk, Internal Audit & Cyber Security division, providing guidance, encouraging teamwork and facilitating delivery of work processes in order to achieve high performance standards.

• Lead the effective achievement of the Risk, Internal Audit & Cyber Security divisional objectives by setting individual objectives, managing performance, developing and motivating employees in order to maximize individual and functional performance.
• Coordinate the activities of the team to ensure that all work is carried out efficiently, in line with the annual business plans, policies and procedures.

Risk Management
• Lead the development, implementation and continuous updating of companys' corporate Risk Management strategy including risk identification, analysis, response planning, monitoring, and control to identify the root causes and highlight the potential risk related implications.
• Lead the development of corporate risk prevention plans, mitigation plans, emergency plans and ensure consistency of risk mitigation analysis and contingency plans across all departments to manage risk exposure.
• Define and manage companys' risk framework including risk policies and procedures and reputational risk in order to enable proactive risk management within the context of a dynamic operational environment and best practices.
• Identify the risk appetite of companys' and set the framework in which it will be executed in order to enable the efficiency and compliance of operations within the set standards. · Overview the preparation of risk management dashboards and reports, registering any potential dangers based on their impact assessment and suggest risk mitigation measures to facilitate protection of companys' interests.
• Communicate risk policies to all departments within companys' and facilitate capacity building and awareness sessions to enhance effectiveness of implementation and proactive risk mitigation.
• Ensure that the risk, internal audit and cyber security implications are appropriately addressed during discussions on undertaking new projects so that the organization will not get exposed in unnecessary business risks.

Internal Audit
• Direct and lead the preparation and establishment of annual audit plans and priorities and receive regular status on their progress in order to ensure all annual plans are properly in place and adhered to.
• Lead the development of internal audit reporting mechanisms and protocols for companys' divisions in order to improve effectiveness and efficiency of the internal audit process.
• Advise and oversee, the design and implementation of the internal audit manual and related policies and procedures in order to ensure alignment to the organization culture as well as global audit practices.
• Lead the audit process, review and provide continuous, coherent, and structured feedback to the Internal Audit team on audit mechanism and reports ensuring that the conclusions and recommendations are accurately and concisely noted.
• Provide assurance to the Board of Directors and the management that internal controls and systems covering various operational procedures are designed and implemented effectively and in alignment with the internal policies and external regulations.
• Coordinate audits performed by external consulting auditing firms to companys' to ensure unbiased assessment of compliance and reporting of any potential findings /deviations.

Job Offer
• Risk Internal Audit and Cyber Security Executive Director / Riyadh / KSA National
• Competitive salary package


• Bachelor's degree in Accounting, Finance, Business Administration or any other related field
• 16 - 20 years of relevant experience
• English: Proficient · Arabic: Working Knowledge
• Any professional certification in related areas is an advantage (CIA, CISA, CA, CMA, etc.)

About the Company

Michael Page is one of the world’s leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.

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Executive Director salaries in Saudi Arabia

Average monthly compensation
SAR 34,000

Breakdown available for industries, cities and years of experience