Enterprise Risk Management Specialist at Aramco

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

Overview

We are seeking an Enterprise Risk Management Specialist to join the Decision Support & Risk Management Department (DS&RMD).

DS&RMD operates under the Strategy & Market Analysis (S&MA) organization and serves as a central advisory function to Company management. The department provides integrated decision support across energy markets and outlook, oil pricing, macroeconomic analysis, economic evaluations, international energy policies & regulations and risk management. In parallel, DS&RMD plays a key role in enabling a corporate-wide Enterprise Risk Management framework by supporting Corporate Management and business organizations in the development, implementation, and continuous enhancement of risk management practices to strengthen strategic decision-making and organizational resilience.

Your primary role As an ERM specialist, you will be responsible for the development, implementation, and oversight of the company’s global ERM framework, ensuring a consistent and proactive identification, assessment, monitoring, and reporting of risks across the enterprise, including corporate entities, subsidiaries, and joint ventures. 

Key Responsibilities

As a successful candidate, you will be required to perform the following: 

• Align risk management practices with the company’s Operational Excellence framework and strategic objectives.
• Commission periodic independent reviews of the ERM program and present findings to senior leadership.
• Provide regular updates and briefings to the President & CEO, Group Executive Committee, and Board-level risk committees on key and emerging risks.
• Maintain oversight of the company’s Top Corporate Risks (TCRs), including reporting, validation, and mitigation tracking.
• Ensure timely and accurate updates of Key Risk Indicators (KRIs) for corporate-level reporting.
• Lead the annual Corporate Risk Assessment process across all business lines and affiliates.
• Guide global organizations in identifying, assessing, and reporting risks in alignment with standardized templates and practices.
• Review risk registers and ensure proper ownership, accountability, and action plans for identified risks.
• Develop and maintain tools, templates, and guidance for decision risk assessments.
• Review submissions to Executive and Investment Committees for adequacy of risk assessment.
• Provide consultative support to proponents on integrating risk insights into strategic proposals.
• Implement and manage a unified ERM approach for subsidiaries.
• Conduct periodic risk program assessments for alignment and adequacy.
• Provide training and support to affiliate teams in identifying and managing risks.

Minimum Requirements

As a successful candidate you will hold a:

• Bachelor’s degree in Engineering, Economics, Business Administration, Accounting, Financial Management, Risk Management or related discipline from an accredited university. Advanced degree is a plus.
• 10 years of experience in governance, risk and compliance areas.
• Holding certificates from Institute of Risk Management (IRM), Professional Risk Managers International Association, and Institute of Internal Auditors (IIA) is a plus.
• Must be experienced in ERM and familiar with leading governance, risk and control practices. 
• Experience of working with Enterprise Risk Management, Project Risk Management, IT Risk Management, Loss Prevention, Internal Audit, HAZOP or other risk management process is preferred.
• Excellent analytical, communication, and strategic thinking abilities.
• Must be able to work with minimum supervision on relatively unstructured tasks. 

Work Schedule and Work Location

Work Location: Within Saudi Arabia – To be specified in Job offer 
Work Schedule: Full Time - To be specified in Job offer

Posting Duration

Posting Start Date: 12/16/2025

Posting End Date: 12/31/2026

Working environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.