Hinduja Leyland Finance - Head - Enterprise Risk Management (15-20 yrs)

Job description:

Risk Management Framework Development:

- Lead the design and implementation of the ERM framework, ensuring it aligns with organizational goals and industry best practices.

- Establish policies and procedures for identifying, assessing, managing, and monitoring risks across all business areas.

- Ensure that risk management activities are integrated into decision-making processes across departments.

Risk Identification and Assessment:

- Oversee the identification of key enterprise-wide risks, both internal and external, that could impact the organization.

- Lead risk assessments, including strategic, operational, financial, compliance, and reputational risks.

- Implement a risk register and ensure that identified risks are categorized, quantified, and prioritized.

Risk Mitigation and Response:

- Work with senior leadership and business units to develop and implement risk mitigation strategies.

- Lead the development of contingency and crisis management plans for high-impact risks.

- Ensure that risk mitigation plans are regularly reviewed and updated.

Risk Reporting and Communication:

- Provide regular risk reports to senior management and the board of directors, highlighting key risks, risk trends, and the effectiveness of mitigation strategies.

- Ensure transparent communication of risks to relevant stakeholders across the organization.

- Support the creation of risk-related materials for regulatory bodies, auditors, and investors as needed.

Compliance and Regulatory Oversight:

- Ensure that risk management processes comply with applicable regulatory requirements and industry standards.

- Stay up to date with regulatory changes and emerging risks, advising the organization on necessary adjustments to its risk management practices.

Leadership and Team Management:

- Lead and manage the ERM team, providing guidance, training, and development opportunities.

- Foster a culture of risk awareness throughout the organization.

- Promote collaboration between risk management and other business units to ensure alignment and integration of risk-related activities.

Crisis Management and Business Continuity:

- Oversee business continuity and crisis management planning, ensuring that the organization is prepared for potential disruptive events.

- Lead incident response teams during crisis situations and ensure that effective recovery plans are in place.

Risk Culture and Awareness:

- Champion a proactive risk management culture across all levels of the organization.

- Develop and implement risk awareness programs, training sessions, and workshops for employees.

Skills Required

- Strong knowledge of risk management frameworks (e.g., COSO, ISO 31000).

- In-depth understanding of risk assessment methodologies and tools.

- Excellent communication, presentation, and interpersonal skills.

- Strong analytical and problem-solving abilities.

- Ability to think strategically and balance risk with business opportunities.

Education:

- Bachelors degree in Business Administration, Finance, Risk Management, or related field (Masters degree preferred).

- Certifications (Preferred): - Certification in Risk Management (e.g., FRM, CRM, or equivalent).

- Professional qualifications in project management, audit, or governance (e.g., PMP, CISA, or CIA) are advantageous.

Experience:

- Minimum of 15+ years of experience in risk management, with at least 5 years in a senior leadership role.

- Extensive experience in enterprise risk management, financial risk management, and compliance.

- Proven track record in managing cross-functional teams and influencing senior leadership.