CEER

Manager, Financial Risk Management

CEER  •  Riyadh, SA (Onsite)  •  24 days ago
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Job Description

Job Purpose:

This role is responsible for evaluating, managing, and mitigating financial risks, including market risks with focus on foreign exchange, commodity price and rate risks and credit risk. The Manager, Financial Risk Management ensures alignment with CEER’s financial performance objectives, risk appetite, and regulatory requirements while supporting sustainable financial stability.

Key Functional Responsibilities:

• Determine and evaluate financial risks, including market risks (with focus on foreign exchange, commodity price and rate risks), credit risk, and assess the impact of these risks on CEER’s financial performance.

• Monitor and analyze market trends, economic indicators, interest rates, currency movements, and commodity price changes that may impact CEER’s financial performance.

• Develop and implement strategies to mitigate exposure to market risks, including interest rate risk, foreign exchange risk, and commodity price risk, and develop, implement, and maintain the related internal policies and procedures.

• Develop, implement and maintain the related internal policies and procedures to manage exposure to credit-related losses and counterparty risks.

• Develop, maintain, and enhance financial risk models to quantify, monitor, and analy ze risk exposures.

• Ensure compliance with applicable financial regulations, internal policies, and industry risk management standards.

• Promote a risk-aware culture within CEER through guidance, communication, and collaboration with stakeholders.

• Collaborate with colleagues across the F inance division and other divisions to align risk management activities with corporate objectives and financial strategies

Key Managerial Accountabilities:

• Achieve the assigned objectives through the setting of individual objectives, managing performance, and developing and motivating staff.

• Participate in the development of the section’s business plans according to the department objectives.

• Ensure the effective implementation of policies, procedures and controls covering all areas of assigned activities.

• Prepare the budget required from the section and monitor financial performance versus the budget while ensuring unit activities are conducted in line with the approved guidelines.

• Manage the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering leading standards, productivity improvement and cost reduction.

• Ensure that all section reports are prepared timely and accurately and meet CEER ’s requirements, policies, and quality standards.

• Ensure non -disclosure of confidential information within or outside CEER .

• Ensure adherence to the Health, Safety, Security, Environment policies and standards across all business functions under the department.

Job Requirements:

Education: Bachelor's degree in finance, Accounting or equivalent.

Experience 6 years minimum, 2 years in leadership role.

CEER

About CEER

We believe in a Kingdom that inspires, innovates, and pioneers new ideas. At Ceer, the first Saudi Electric Vehicle brand, we are committed to supporting the Public Investment Fund’s strategy and Saudi Vision 2030. Our goal is to contribute to Saudi Arabia’s economic growth, industrial diversification, and job creation.

نعتز بقدرة المملكة على الإلهام والابتكار وريادة الأفكار الجديدة. في سير، أول علامة تجارية سعودية لصناعة السيارات الكهربائية، نلتزم بدعم رؤية المملكة 2030 واستراتيجية صندوق الاستثمارات العامة، هدفنا هو تعزيز النمو الاقتصادي والتنوع الصناعي وخلق فرص العمل في المملكة.

Industry
Automotive & Mobility
Company Size
1,001-5,000 employees
Headquarters
Riyadh, SA
Year Founded
Unknown
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