An enterprise ERM framework, compliant ahead of the regulator
New SAMA ERM regulations for finance companies required a formal, enterprise-wide framework within a fixed deadline.
Designed the ERM framework and risk taxonomy across credit, market, operational, technology, sovereign and liquidity risk, anchored in a master ERM policy with its risk appetite statement. Building on that foundation, authored and implemented the organisation-wide risk registers, the Technology Risk Policy and the Stress Testing Policy, with corporate risk metrics, dashboards and escalation protocols, and directed liquidity stress testing, buffers and contingency funding.
SAMA examination confirmed full compliance ahead of the 2020 regulatory deadline.
