Risk & Resilience Associate

Asmo
Dammam
Workplace: OnsiteFull timeFunction: Legal, Risk & Compliance0Education: bachelorsSkills: ["Risk assessment","Risk mitigation","Compliance","Stakeholder collaboration","Communication"]

Develop, implement, and manage procurement risk management tools, templates, and processes to reduce purchasing risk and ensure alignment with ASMO policies. Evaluate and assess vendor risks, create corrective plans, and monitor vendor performance using risk-focused metrics and checklists. Partner with internal stakeholders and procurement/joint venture functions in KSA to track contract breaches, delivery or completion delays, and recommend mitigation measures, escalation, and senior-management action plans.

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FursaFursa
Asmo
Asmo
2 days ago

Risk & Resilience Associate

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Source: Company careers pageValidated by: Fursa AI
Last checked: 46 minutes agoStatus: Live

Job Summary

Develop, implement, and manage procurement risk management tools, templates, and processes to reduce purchasing risk and ensure alignment with ASMO policies. Evaluate and assess vendor risks, create corrective plans, and monitor vendor performance using risk-focused metrics and checklists. Partner with internal stakeholders and procurement/joint venture functions in KSA to track contract breaches, delivery or completion delays, and recommend mitigation measures, escalation, and senior-management action plans.
Location: Dammam
Workplace: Onsite
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Entry level

Key Responsibilities

  • •Develop and integrate procurement risk management tools, templates, methods, and processes to minimize purchasing-related risks and ensure policy compliance.
  • •Regularly review and update procurement risk policies and procedures to align with best practices.
  • •Create performance metrics and checklists to evaluate vendors from a risk perspective.
  • •Lead vendor risk assessments, identify potential risks, and develop mitigation plans and corrective action plans for ineffective controls.
  • •Collaborate with internal stakeholders to monitor contract breaches, delivery/completion delays, assess penalties, and present high-risk vendor contracts to senior management.

Key Requirements

  • •Bachelor’s degree in Risk Management, Business Administration, or an equivalent field from an accredited university.
  • •Demonstrated proficiency in oral and written English.
  • •0-5 years of experience in the same field.
  • •Ability to develop and integrate procurement risk management tools, templates, methods, and processes.
  • •Experience leading vendor risk assessments and developing mitigation plans.
Experience:0ProcurementVendor risk managementSupply chainLogistics
Education:Bachelor's in Risk Management, Business Administration
Skills:Risk assessmentRisk mitigationComplianceStakeholder collaborationCommunication
Languages:English

Company Brief

Asmo
Designs and manufactures automotive electrical components, motors, and mechatronic systems for vehicle applications, supplying OEMs with powertrain and electronic modules aimed at improving efficiency and vehicle performance.
Industry: Automotive
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