MAWAHIB H. KATIB
Riyadh,Saudi Arabia
Summary
Strategically designed and implemented the Enterprise Risk Management (ERM) architecture, overseeing operational risk management initiatives, including Risk Assessments and Key Risk Indicators (KRIs) across the organization. Conducted in-depth risk analyses for business units, presenting actionable insights to the Board and Risk Committee. With over 20 years of experience, played a pivotal role in shaping risk management frameworks, policies, and driving excellence in Investment Operations, Credit Operations, Business Continuity, and Internal Controls.
Overview
25
25
years of professional experience
5
5
years of post-secondary education
1
1
Certificate
Work History
Risk Management Director
Ministry of Municipal and Housing
Riyadh, Riyadh Region
11.2024 - Current
- Enhanced risk management protocols by implementing robust control measures.
- Oversaw the development of an enterprise-wide risk management framework for improved business operations.
- Orchestrated a series of training sessions to promote risk awareness, resulting in better preparedness against potential threats.
- Secured company assets by establishing efficient risk mitigation strategies.
- Led the design and execution of GRC systems, enhancing transparency, streamlining workflows, and reducing risk reporting time by 25%.
- Established, monitored, and refined KRIs to adapt to evolving risk landscapes, ensuring proactive management and alignment with organizational goals.
- Conducted comprehensive strategic risk assessments, identifying potential threats and mitigating risks, reducing incident occurrences by 30%.
- Strengthened relationships with stakeholders by effectively communicating risk assessments, proposed solutions, and comprehensive reports, fostering trust and transparency.
- Orchestrated training sessions to promote risk awareness, reaching over 1000 employees and improving their ability to manage risks independently.
- Led cross-functional teams in delivering internal audits, ensuring regulatory compliance and embedding controls to minimize vulnerabilities and improve efficiency.
- Developed customized metrics for tracking performance, reporting KPIs to senior leadership, and adjusting risk policies to align with strategic and operational priorities.
Enterprise Risk Management (ERM) Director
Saudi Post - SPL
Riyadh, SA
04.2021 - 10.2024
- Led implementation of SPL's Enterprise Risk Management framework, ensuring alignment with policies, procedures, and strategic objectives.
- Developed and executed Risk & Controls management strategy, facilitating Risk Control Self-Assessments (RCSA) and defining Key Risk Indicator (KRI) methodologies.
- Established, monitored, and refined KRIs, ensuring alignment with organizational goals to support proactive risk management.
- Conducted risk engagements to enhance governance processes and ensure compliance with regulations, standards, and professional frameworks.
- Consulted regularly with senior leadership and governance committees, providing insights on risks, mitigation strategies, and decision-making as secretary of Risk Management Committee (RMC).
- Facilitated coordination between Risk function and components of Three Lines Model, including Compliance, Legal, Financial Control, and Business Continuity teams.
- Directed a team of over 50 ERM champions, managing and evaluating performance to maintain excellence in risk management practices.
- Conducted periodic risk assessments, developed Business Impact Analyses (BIA) and Business Recovery Plans (BRP), and maintained crisis communication protocols.
- Led testing and simulation exercises to validate and refine Business Continuity Plans (BCP), adapting to emerging threats and disruptions.
- Developed and reported Key Performance Indicators (KPIs) for risk and continuity efforts, contributing to strategic decision-making.
- Fostered cross-functional collaboration to enhance organizational resilience, aligning contingency plans with business objectives and best practices.
- Maintained effective crisis communication protocols, ensuring clear internal and external communication during disruptions.
- Collaborated with stakeholders to align Business Continuity Plans with industry standards and organizational goals.
- Provided comprehensive reports to RMC, offering insights into resilience status, KRI trends, and risk mitigation efforts.
Sr. Risk Manager
Geidea
Riyadh, Riyadh Region
09.2019 - 03.2021
- Implementation of risk management framework, integrating risk culture, formulating policies, and preparing comprehensive risk reports.
- Managed more than 13 relationship managers in Saudi region.
- Apply risk management program, identify emerging risks, and establish clear risk appetite statements.
- Responsibility and authority to challenge first line of Model regarding Risk assessments and application of risk management practices.
- Deliver independent risk and control assessments, reporting findings to appropriate levels of governance and facilitating escalation when necessary.
- Provide support to audit groups, both Internal and External Audit, by actively participating in planning and completion of their audit engagements
- Fostered culture of risk awareness through regular staff training sessions, resulting in increased vigilance across all departments.
Sr. Quality Assurance Manager - Compliance
Riyad Bank
06.2019 - 08.2019
- Responsible for performing and documenting all applicable monitoring processes related to assigned business function(s), and reporting, communication and resolution of findings and other issues
- Anticipates and implements changes to monitoring plans as result of changes in Bank's business environment including regulatory and legal changes
- Analyzes and monitoring methodology and business functions processes to identify patterns and trends, and communicates with management to ensure that risks are adequately identified and addressed, and discusses where processes can be enhanced and streamlined
- Streamlined process workflows, enhancing overall operational efficiency.
Business Risk Assistant VP, First Line of Defense (FLDS)
Credit Suisse Saudi Arabia
Riyadh, SA
01.2018 - 02.2019
- Accountable to deliver high quality services in domains client acceptance, money laundering prevention, regulatory and legal obligations, Cross-Border risks, fraud prevention and similar issues
- Responsibility to conduct assessments of politically exposed persons and sensitive clients in Saudi Arabia as part of compliance onboarding process; define conditions for onboarding and present risk clients
- Support of review processes; report findings to senior management and define appropriate measures
- Perform ad-hoc reviews of risk clients
- Enforcement of risk awareness and compliance culture with front organizations
- Ensure all required documentation and forms are updated into shared point and special access is granted to all relationship managers for business usage
Risk Manager
HSBC
Riyadh, SA
01.2011 - 12.2017
- Responsible to manage Risk Management function which includes effective monitoring and controlling Operational Risk covering Asset Management, Brokerage, Securities Services and Investment Banking
- Manage and control Credit Risk associated with Equity Margin Lending facilities (Islamic / Non-Islamic) granted to customers, who actively trade shares on leveraged basis
- Responsible to monitor Investment Risk, Counterparty Risk, Liquidity Risk, Shariah Risk, credit Risk
- Conduct Risk Management Committee (RMC), highlighting all current and emerging risks
- Produce and submit reports required by HSBC Management, CMA and business units
- Head of Risk Management Equity Margin Lending Product: Proactively monitor credit exposure against client's portfolios, Certify Credit Application, report to CMA and SAMA respectively
- Market Risk: Ensure effective monitoring of Market Risk covering Underwriting of Equity IPO and Rights Issues, HSBC SA capital investment in Mutual Funds, ETF Market Making, Forex activities
- Credit Risk: Ensure effective monitoring of Settlement Risk, Future Fluctuation Risk covering brokerage dealing with GCC / International Brokers & Custodians, Underwriting Risk covering Sukuk floated by financial companies and banks
- Fiduciary Risk: Ensure effective monitoring of Funds placement with Counterparty Banks, covering Money Market Funds, Mutual funds borrowing from SABB
- Investment Risk: Ensure effective monitoring of an approved MAT Limits (Funds/DPM) and Regulatory Investment Restrictions (Funds) and Client's imposed investment restrictions (DPM)
- Operational Risk: Ensure effective daily manual monitoring associated with Equity, Sukuk, Swap deals, intraday day trading, and Funds/ stocks transfers
- Internal Control Manager: Responsible to ensure effective operational risk management and internal controls are in place for all business activities
- Review consistent compliance to control procedures across the business, reporting and escalation of potential and reported breaches
Credit Officer
HSBC
Riyadh
09.2007 - 12.2010
- Processing Equity Facilities credit applications, which include management of credit risk
- Ensure effective and efficient process in place, to ensure no credit losses are incurred
- Maintain excellent relationship with business team and make consistently sound and objective judgments
- Be supportive and constructive in development and growth of business
- Ensure accuracy in reporting information to senior management and SAMA
- Comply with the company policy guidelines, local regulations and maintain internal control standard, all the time
Investment Operation Supervisor
HSBC
Riyadh
07.2006 - 10.2007
- Opening portfolio for customers to trade in the Saudi market
- Updating customer information (Names, Address, contact numbers)
- Issuing portfolio statement
- Supporting business unit in assisting the customers
Freelancer
Riyadh
02.2001 - 07.2006
- In advertisement for companies, as designing websites, logo and companies profile
- Selling Women care and leather products (Facial care, make-up products)
Customer Service Supervisor
SAMBA Financial Group
Riyadh
08.1999 - 02.2000
- Transferring customers records and accounts from United Bank to SAMBA
- Entering and Updating Customers Records and Information on the system
- Handle customer's inquiries and respond their queries in a professional and timely manner
Education
Master of Business Administration - MBA
Saudi Electronic University
Riyadh, Riyadh Region 06.2014 - 06.2016
Bachelor of Sciences - Information Technology and Computing
Arab Open University
Riyadh, Riyadh Region 06.2006 - 08.2009
Skills
- Excellent Communication skills
- Hard worker and dedicated
- Leadership and Team Management
- Proficient in MS Office Applications
- Conducting risk assessments
- Enterprise Risk Management
- Regulatory Compliance
- Business Continuity Planning
- Strategic Risk Frameworks
- Stakeholder Engagement
- Framework development
Certification
- CME-1 (Capital Market Authority), 2010
- GRCP (OCEG), 2023
- Risk Management Professional (HSBC), 2015
- Leading Managers Program (ELM), 2022
- Risk essentials Masterclass (IRM), 2023
- Breakthrough Leadership (London Management Centre), 2024
- Professional Life Coaching (Mars Venus Coaching), 2024
Languages
English
Arabic
Timeline
Risk Management Director
Ministry of Municipal and Housing
11.2024 - Current
Enterprise Risk Management (ERM) Director
Saudi Post - SPL
04.2021 - 10.2024
Sr. Risk Manager
Geidea
09.2019 - 03.2021
Sr. Quality Assurance Manager - Compliance
Riyad Bank
06.2019 - 08.2019
Business Risk Assistant VP, First Line of Defense (FLDS)
Credit Suisse Saudi Arabia
01.2018 - 02.2019
Master of Business Administration - MBA
Saudi Electronic University
06.2014 - 06.2016
Risk Manager
HSBC
01.2011 - 12.2017
Credit Officer
HSBC
09.2007 - 12.2010
Investment Operation Supervisor
HSBC
07.2006 - 10.2007
Bachelor of Sciences - Information Technology and Computing
Arab Open University
06.2006 - 08.2009
Freelancer
02.2001 - 07.2006
Customer Service Supervisor
SAMBA Financial Group
08.1999 - 02.2000
- CME-1 (Capital Market Authority), 2010
- GRCP (OCEG), 2023
- Risk Management Professional (HSBC), 2015
- Leading Managers Program (ELM), 2022
- Risk essentials Masterclass (IRM), 2023
- Breakthrough Leadership (London Management Centre), 2024
- Professional Life Coaching (Mars Venus Coaching), 2024
References
References available upon request.
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