Open SALIC Chief GRC Officer JD 13012023 v2

Saudi Agricultural and Livestock
Investment Company (SALIC)
Job Details
Basic Information of The Role
Job Title: Chief GRC Officer
Job Grade: XXX Sector: XXX
Division: GRC Department: XXX
Number of Direct
Reporting to (Job Title): Group CEO XXX
Subordinates:
Job Purpose
This section summarizes the primary purpose of your job, the major overall responsibilities.
Oversee the development and implementation of strategies, policies, and procedures related to Risk, Compliance,
Corporate Governance, Sustainability and Cybersecurity ensuring the proper establishment of related frameworks,
controls, and tools that enable SALIC to proactively identify, monitor, and mitigate any potential business risks, while
maintaining the highest levels of compliance and integrity of the fund.
Key Roles and Responsibilities

This section describes the primary duties and responsibilities to give an accurate, complete picture of the job &
details Key Result Area required for this position used for the performance management.
Accountability Detailed Responsibilities
▪ Lead the development, implementation, and continuous updating of SALIC’s

Risk Management strategy including risk identification, analysis, response
Strategy and Planning planning, monitoring, and control to identify the root causes and highlight the
potential risk related implications
▪ Ensure the effective implementation of SALIC business strategy through

leadership of the GRC team – setting individual objectives, managing
Leadership performance, developing and motivating staff, provision of formal and informal
feedback and appraisal – in order to ensure that the highest level of
performance is achieved.
▪ Direct the preparation and consolidation of the division budgets and monitor
Budget financial performance versus the budget so that the business is aware of
anticipated costs/revenues, areas of unsatisfactory performance are identified,
Management
and potential performance improvement opportunities are capitalised upon.
Page 1 of 4
People ▪ Coordinate with the HC in defining workforce requirements, recruiting, training,

and developing talent in line with the organizational structure.
Management
▪ Oversee implementation of appropriate Divisions policies, processes, systems,

standards, procedures and internal controls, organizational guidelines to
Policies and support execution of the work programs in line with SALIC’s and International
standards.
procedures
▪ Recommend improvements in internal processes against best practices in
pursuit of greater efficiency in line with international standards.
▪ Oversee the development and management of the Risk, Compliance, Corporate

Governance, Sustainability and Cybersecurity policies, processes, procedures,
and systems that align with legal and regulatory requirements, ensuring that all
internal functions and any relevant stakeholders adhere to them to achieve the
GRC full required efficiency for the fund.

▪ Identify the risk appetite of SALIC and set the execution framework to enable
the efficiency and compliance of operations within standards.
▪ Identify and assess the risks to SALIC, and ensure that effective controls are put
in place and implemented to mitigate those risks.
▪ Oversee SALIC’s risk framework, including risk identification, categorization, and

mitigation mechanisms to enable proactive risk management in alignment with
local and global best practices.
▪ Oversee portfolio risk analysis framework and provide recommendations to
ensure financial sustainability with regards to SALIC’s assets both locally and
internationally.
Risk Management ▪ Oversee the implementation of SALIC enterprise risk management strategy,
including risk identification, analysis, response planning, monitoring, and
control, to identify the root causes and highlight the potential risk-related
implications to ensure the protection of the fund.
▪ Provide advice and guidance on risk management related matters to SALIC
leadership.
▪ Oversee the development, maintenance, and implementation of SALIC’s

compliance guidelines, policies, and procedures to ensure adherence to
Compliance relevant, officially approved policies, procedures and guidelines across all SALIC
functions and identify instances of non-compliance.
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▪ Oversee the development SALIC’s corporate governance framework, manual

and associated guidelines, policies, and tools to ensure an effective governance
Corporate Governance mechanism is in place across all BUs/functions and ensure its effective
implementation and ensure the development of solid governance mechanisms
and controls across SALIC.
▪ Direct and oversee the development of an integrated sustainability strategy and

identification of initiatives and requirements to address sustainability concerns
Sustainability and achieve sustainability goals to ensure that SALIC effectively and carefully
manages its impact upon the public and upon the wider environment.
▪ Oversee the development and implementation of cybersecurity policies,

processes, and procedures in order to ensure the security of SALIC’s critical
Cybersecurity information systems, resistance to breach attempts, and the continuous
improvement to meet the present and emerging threats to cybersecurity.
Job Specifications
Industry / Domain Risk Management / Governance or any related field.
Qualifications and
Bachelor’s / Master’s degree in Risk Management or similar fields. (Preferred MBA)
Certifications
Work Experience 15 years+
Competencies
Type Description Level
Behavioural XXX XXX
Technical XXX XXX
Communications and Working Relations

Key Internal Contacts Key External Contacts
All relevant SALIC departments Consultants
XXX XXX
XXX XXX
Page 3 of 4
Job Description Documentation
Prepared by: XXX
Approved By: XXX
Date of Approval: XXX
“This job description is a summary of the typical job duties and requirements that are essential to the evaluation of the job and is not
intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. On occasion,
individuals classified on this job may be required to perform functions of a higher or lower skill level not included in this job description”
Page 4 of 4

Open SALIC Chief GRC Officer JD 13012023 v2

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Saudi Agricultural and Livestock

Investment Company (SALIC)

Basic Information of The Role

Job Title: Chief GRC Officer

Job Grade: XXX Sector: XXX

Division: GRC Department: XXX

Key Roles and Responsibilities

▪ Lead the development, implementation, and continuous updating of SALIC’s

▪ Ensure the effective implementation of SALIC business strategy through

People ▪ Coordinate with the HC in defining workforce requirements, recruiting, training,

▪ Oversee implementation of appropriate Divisions policies, processes, systems,

▪ Oversee the development and management of the Risk, Compliance, Corporate

GRC full required efficiency for the fund.

▪ Oversee SALIC’s risk framework, including risk identification, categorization, and

▪ Oversee the development, maintenance, and implementation of SALIC’s

▪ Oversee the development SALIC’s corporate governance framework, manual

▪ Direct and oversee the development of an integrated sustainability strategy and

▪ Oversee the development and implementation of cybersecurity policies,

Industry / Domain Risk Management / Governance or any related field.

Work Experience 15 years+

Type Description Level

Behavioural XXX XXX

Technical XXX XXX

Communications and Working Relations

All relevant SALIC departments Consultants

Job Description Documentation

Prepared by: XXX

Approved By: XXX

Date of Approval: XXX

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