Risk Management, Compliance, and Business Continuity Department

Risk Management

Risk Management

About the Department

The Risk Management, Compliance, and Business Continuity Department was established in the year 1445 AH and incorporated into the university's organizational structure under the Presidency of the University by a decision of the University President, Dr. Mohammed bin Yahya bin Murdhi. This falls under the comprehensive restructuring decision of the university (12449), issued on 2/5/1445 AH. The department is responsible for developing strategies, plans, policies, documents, methodologies, standards, guidelines, and controls related to identifying, assessing, and managing risks that could affect the university's objectives. These include financial, operational, legal, environmental, and safety risks, among others, and involve prevention, emergency and crisis planning, preparedness, response, and recovery, ensuring business continuity and minimizing impact and disruption to operations and services, thereby supporting the achievement of the university's strategic goals and priorities, and meeting all compliance requirements (such as legislations, regulations, internal university policies, and adopted standards).

Objectives of the Department

Identify and assess the risks faced by the university.

Take necessary actions to mitigate or transfer these risks and achieve the university's objectives.

Enhance the sustainability of the university's operations, services, assets, and resources.

Ensure compliance with legislations, regulations, internal policies, and standards.

Continuously promote a culture of risk management and raise awareness of its importance.

Vision

Achieving the university's objectives efficiently and effectively.

Mission

Contributing to the enhancement of the university's performance through organized commitment and procedures to prevent risks and mitigate their consequences, ensuring maximum value and sustainability of operations.