Senior Role - Enterprise Risk Management

Job Description

Overview:

We are seeking a highly experienced and strategic Enterprise Risk Management professional to lead and oversee our organizations risk management function. The ideal candidate will be a seasoned risk professional with a deep understanding of risk identification, assessment, mitigation, and monitoring. This role will be instrumental in ensuring the organizations long-term sustainability and resilience by proactively managing and mitigating potential risks.

Responsibilities:

Risk Governance:

* Develop and implement a robust enterprise risk management framework aligned with industry best practices and regulatory requirements.

* Establish effective risk governance processes, including risk committees, risk reporting, and escalation procedures.

* Oversee the development and maintenance of a risk appetite statement and tolerance levels.

Risk Identification and Assessment:

* Lead the identification and assessment of Fraud risk, operational, financial, strategic, and reputational risks across the organization.

* Utilize advanced risk assessment methodologies and tools to quantify and prioritize risks.

* Conduct regular risk assessments and reviews to identify emerging risks and trends.

Risk Mitigation and Control:

* Develop and implement effective risk mitigation strategies and control measures.

* Monitor the effectiveness of risk controls and ensure their ongoing adequacy.

* Work closely with business units to embed a risk-aware culture and promote risk ownership.

Risk Reporting and Communication:

* Prepare comprehensive risk reports for the executive management team and board of directors.

* Communicate risk information effectively to stakeholders at all levels of the organization.

* Provide timely and accurate risk updates to senior management.

Regulatory Compliance:

* Ensure compliance with relevant regulatory requirements and industry standards.

* Stay abreast of regulatory changes and their potential impact on the organization.

* Collaborate with legal and compliance teams to address regulatory risks.

Qualifications:

* Graduate / Post Graduate.

* Proven track record in leading enterprise risk management functions within complex organizations.

* Deep understanding of risk management frameworks, methodologies, and tools.

* Strong analytical and problem-solving skills.

* Ability to influence and collaborate with senior leaders across the organization.

* Strong leadership, communication and team management skills.

Additional Considerations:

* Certification in risk management (e.g., CFE) is desirable.

* Experience in a regulated industry, preferably a large bank is highly desirable.

* Knowledge of emerging risks, such as cyber security and climate change, is advantageous.