King Faisal Specialist Hospital

and Research Centre

(General Organization)
Job Description
Basic Role Details

Job Title Project Risk Specialist Job Code 4420

Site Headquarter Group Risk & Compliance Division Risk Management

Department Operational & Project Risk Section Project Risk

Head, Operational & Project
Grade 12 Reporting to
Risk
Roles and Responsibilities

Summary

Responsible for identifying, analyzing and evaluating risks associated with the Organization’s infrastructure
projects, and assisting risk owners, in coordination with risk champions to develop risk treatment plans.

Essential Responsibilities and Duties

1. Implements risk methodologies, procedures and tools of Risk Management Division.

2. Conducts workshops with the Organization’s entities and risk owners to identify, analyze and evaluate
projects’ risks.
3. Assists risk owners in developing risk treatment plans, in coordination with risk champions, and in line with
risk appetite set limits.
4. Updates Risk Register with the emerging projects’ risks and maps these risks to concerned Organization’s
entities.
5. Assists in the development and updates of the Organization’s risk universe and risk appetite, as well as in
developing the Annual Risk Assessment Plan.

6. Continuously monitors the exposure level to projects’ risks that are within the risk limits set in the risk appetite.

7. Develops key risk indicators for significant projects’ risks and monitors their readings to ensure that risks are
managed within the limits set in risk appetite.

8. Prepares and provides periodic reports in relation to project’s risks.

9. Maintains all documents, plans and records related to projects’ risks in accordance with the standards
followed by the Organization.

10. Follows all Organizations policies and procedures.

11. Participates in self and others education, training and development, as applicable.

12. Performs other related duties as assigned.

Job Requirements

Master’s, or Bachelor’s Degree in in Finance, Accounting, Business

Education
Administration, Law, or other related discipline is required.

Seven (7) years of related experience with Master’s, or nine (9) years with
Experience Required Bachelor’s Degree is required.
APPROVED

Form 7036 V.2 Page 1 of 2

  Saudi National Only.
Other Requirements/  Knowledge of Enterprise Risk Management is preferred.
Certifications  Knowledge of Internal control & fraud prevention is preferred.
 ISO 31000:2018 is preferred.

Technical Competencies
# Competency Title Proficiency Level

1 Analytical Skills Advanced

2 Management Skills Advanced
3 Leadership Skills Advanced
4 Problem Solving Skill Intermediate
Knowledge Of The KFSH &RC (Gen. Org.) Goals &
5 Advanced
Strategy
6 Planning & Forecasting Advanced
Knowledge of KFSH&RC (Gen.Org) policies and
7 Advanced
procedures
Behavioural Competencies
# Competency Title Proficiency Level

1 Employee Focus Advanced

2 Achievement Orientation Advanced
3 Process/Quality Focus Advanced
4 Patient/Customer Service Orientation Advanced
5 Collaboration Advanced
6 Drive Change Advanced
7 Innovation Intermediate

To be filled by Job Evaluation and Compensation Department

Role Categorization

Job Family/Category Administrative & Financial

Job Sub Category Specialized Administrative

Ministry of Finance Category Administrative

Role Documentation

Documented by Job Evaluation & Compensation 20 September 2020

Validated by Chief, Risk & Compliance Officer JE&C/16/42

Approved by Head, Job Evaluation & Compensation APPROVED

Note: Please return the original job description to Job Evaluation and Compensation Department MBC no. 112

Job Title: Project Risk Specialist Job Code: 4420

Form 7036 V.2 Page 2 of 2