Chief Risk Officer, Sovereign Investment Vehicle, Middle East (Role based in GCC)

<div><p>Our client, a sovereign investment vehicle based in one of the leading GCC countries, is seeking a<b>Chief Risk Officer (CRO)</b>to establish and lead a comprehensive, enterprise‑wide risk function. This is a pivotal C‑suite role responsible for designing, implementing, and continuously enhancing the firm’s investment and enterprise risk frameworks as it scales its multi‑asset platform. The position plays a strategic role in strengthening risk culture, safeguarding capital, and enabling disciplined investment decision‑making across public and private markets, with particular emphasis on private market investment risk</p><h3>Key Responsibilities</h3><ul><li>Develop, implement, and maintain an enterprise‑wide risk framework covering investment, operational, strategic, financial, and regulatory risks</li><li>Define and embed risk appetite, limits, and tolerances across all investment and governance processes</li><li>Lead risk identification, assessment, scenario analysis, and stress‑testing, ensuring timely insights for senior leadership and investment committees</li><li>Oversee portfolio‑level risk aggregation, including cross‑asset exposures, correlations, and concentration risks</li><li>Establish and enhance risk measurement tools, analytics, and reporting capabilities across market, credit, and liquidity risks</li><li>Oversee internal controls, operational risk management, business continuity planning, and resilience frameworks</li><li>Serve as an independent voice in governance forums, providing challenge and input into major investment decisions and strategic initiatives</li><li>Manage regulatory and audit engagement while ensuring full compliance with applicable standards</li><li>Build, lead, and mentor a high‑performing risk team, fostering a proactive, high‑standards risk culture</li><li>Drive continuous improvement of risk systems, data infrastructure, and enterprise reporting</li></ul><h3>Key Requirements</h3><ul><li>15+ years of relevant investment and enterprise risk experience, including 5+ years in senior leadership roles within asset management, sovereign investment, or institutional investment environments</li><li>Proven ability to design and evolve enterprise‑wide risk and resilience frameworks in regulated, multi‑asset investment organizations</li><li>Strong technical expertise in investment risk assessment, scenario analysis, stress testing, portfolio aggregation, and risk reporting</li><li>Experience engaging with regulators, auditors, and senior stakeholders.</li><li>Bachelor’s degree required; advanced degree (MBA / Master’s in Finance) or professional certifications (e.g., FRM, CFA) preferred</li><li>Strong leadership capability, with experience building and developing high‑performing risk teams</li></ul></div>#J-18808-Ljbffr