Risk Operations Manager

About Red Sea Global

Red Sea Global (RSG) is a visionary developer committed to positively transforming communities where we live, work, and travel. Guided by a purpose-driven mission, RSG focuses on initiatives aligning with Vision 2030 and pioneering regenerative tourism worldwide.

Job Purpose

This role is accountable for integrating and consolidating risks across operational subsidiaries and enablers at a systemic operational level. The Manager – Operations Risk develops dashboards and risk registers covering both hospitality and non-hospitality subsidiaries, assets, activities, and enablers, as well as the broader Operations Risk Profile.

Key Responsibilities

• Contribute to defining objectives, strategies, and plans while tracking their progress.
• Oversee daily operations management, ensuring adherence to policies and procedures, and suggest improvements.
• Assist in planning and managing financial and human resources, including budgeting, and mentor staff to enhance their performance.
• Support the creation and upkeep of Operations Risk Management policies, processes, and procedures consistent with ISO 31000, ensuring alignment across operational areas.
• Implement approved operational risk plans after authorization from the Associate Operations Risk Director.
• Supervise execution of agreed mitigation strategies.
• Provide comprehensive risk insights for key operational mega processes.
• Prepare and maintain a systemic operations risk profile and serve as Secretary of the Operations Risk Panel (ORP).
• Validate all identified operational asset risks and ensure material risks are aggregated and escalated appropriately.
• Coordinate with Corporate, Project Delivery, and Development risk teams for effective risk transfers along the value chain.
• Engage Operations teams in discussions about risks that could lead to losses or missed opportunities.
• Lead and facilitate risk assessment workshops and meetings.
• Work with risk owners to develop risk treatment plans.
• Evaluate consolidated risk treatment approaches to identify enterprise-level improvement opportunities.
• Prepare and distribute risk dashboards and reports.
• Monitor compliance and efficacy of risk management processes and report outcomes.
• Track progress and effectiveness of operational risk treatment plans and strategies.
• Identify and address risk training requirements.
• Design and deliver training to Risk Champions to enhance risk awareness.
• Recommend communication materials to promote risk awareness within the business.
• Share expertise and best practices related to risk management with the Enterprise Risk Management function.

Qualifications and Experience

• Bachelor’s degree in Risk Management, Finance, or Business Administration.
• Professional certification in Risk Management or Risk Assurance from recognized international bodies such as IRM or IIA.
• 7 to 10 years of experience in Enterprise Risk Management and/or Risk-based Internal Audit.
• At least 3 years of experience working for a consulting firm (e.g., EY, Deloitte, PwC).
• Proficiency with Enterprise Risk Management frameworks, specifically ISO 31000 or COSO ERM.
• Excellent command of verbal and written English.
• Experience conducting risk assessments for operational subsidiaries, activities, and enablers.