Lead Enterprise Risk

Role & responsibilities

Purpose : To lead the design, implementation, and oversight of the Enterprise Risk Management frameworks, ensuring effective risk identification, mitigation, and alignment with organizational objectives.

• ERM Framework: Enhance and implement ERM policies, taxonomy, and governance aligned with regulatory requirements. Perform framework effectiveness review.
• Risk Identification: Oversee enterprise-wide risk identification, assessment, and prioritization across all categories.
• Operational Risk Management: Manage operational risks, including third-party dependencies, cybersecurity, and business continuity.
• Financial Risk - Should understand, review and challenge financial risk matters like ECL, Market Risk, and ICAAP etc.
• Risk Appetite & Governance: Define and monitor risk appetite thresholds, ensuring alignment with business goals.
• Monitoring & Reporting: Implement risk dashboards and heatmaps for real-time monitoring; report key risks to the Board, critical stakeholders and CRO.
• Resilience & Mitigation: Build organizational resilience through change management, controls, and mapping interdependencies.
• Regulatory Compliance: Ensure compliance with regulatory standards, including ICT and operational risk frameworks.
• Risk Culture: Drive strong risk-aware culture through training and accountability frameworks.
• Strategic Integration: Partner with business units to integrate risk considerations into strategic decision-making and growth plans.
• Leadership & Oversight: Lead cross-functional collaboration, manage risk committees, and drive continuous improvement. Should be able to deal with Rating Agencies, Regulator, Auditors

Essential Capabilities

• Solution Oriented : Critical thinking, bias for solution and execution
• Strong influencing skills : Ability to build deep and influential partnerships with stakeholders
• Excellent communication skills: Ability to build and execute the governance rhythm
• Mature and credible presence with senior leaders: Able to engage and gain their professional respect
• Ability to mentor effectively and bring in end-to-end thinking.

Min 12-15 years in Underwriting or Risk Department preferably in Mortgage Industry