Vice President, Enterprise Risk Management

Mark Williams Recruitment; Abu Dhabi; On-site; AED 900,000 - 1,300,000; Full time

Job summary

Mark Williams Recruitment is assisting a state-owned conglomerate in Abu Dhabi seeking a Vice President to lead the Enterprise Risk Management program, shaping risk strategy, policies, and reporting to the board.

The role heads a small division and partners with operating companies to embed risk into planning and capital allocation, with international experience and senior leadership required.

Qualifications

• 18 years' experience, including at least 12 years' international experience.
• Experience implementing ERM within the GCC.
• Bachelor's degree in Finance, Accounting, Engineering or Science.
• Master's degree in Risk Management, or an MBA.
• Certified, or working towards certification, in Enterprise Risk Management or Financial Risk Management.

Responsibilities

• Strategy: Lead the development and execution of ERM strategy, processes and infrastructure.
• Policy: Help the CEO and leadership set risk policies, risk appetite and risk limits.
• Risk assessment: Facilitate enterprise-wide risk assessments and monitor priority risks.
• Reporting: Implement risk reporting to the CEO, Executive Leadership Team and Audit Committee.
• Operating Companies: Build their risk capability and give assurance that their programmes are effective.
• Division leadership: Manage the division's plans, budget, performance and staff development.
• Technology: Develop an IT strategy to support ERM.

Skills

ERM leadership

Risk strategy

Stakeholder management

Strategic planning

Executive communication

Education

Bachelor's degree in Finance/Accounting/Engineering/Science

Master's degree in Risk Management or MBA

Certification in ERM or FRM

Job description

Client Overview

The client is a state-owned corporation and one of the region's largest and most strategic organisations, with a significant international footprint. It runs its business through a group head office and a portfolio of operating companies.

About the Role

The Vice President leads the group's Enterprise Risk Management (ERM) programme and oversees the full range of company-wide risks. The role develops and implements risk strategy, policies, processes and reporting, and works with the Executive Leadership Team on weighing risk against reward. It gives the board and Audit Committee full visibility of the group's risk position. The role heads a division of three direct reports; Operating Company risk managers are working relationships, not reports.

Key Focus Areas

• Enterprise risk: Sets the risk strategy, policies, methods and reporting.
• Strategy and planning: Builds risk into business planning and capital allocation.
• Investment: Gives an independent view on new investments, and builds the company's ability to assess risk on investments and projects.
• Audit and governance: Reports to the Audit Committee and aligns risk work with Internal Audit.

Key Responsibilities

• Strategy: Lead the development and execution of ERM strategy, processes and infrastructure.
• Policy: Help the CEO and leadership set risk policies, risk appetite and risk limits.
• Risk assessment: Facilitate enterprise-wide risk assessments and monitor priority risks.
• Reporting: Implement risk reporting to the CEO, Executive Leadership Team and Audit Committee.
• Operating Companies: Build their risk capability and give assurance that their programmes are effective.
• Division leadership: Manage the division's plans, budget, performance and staff development.
• Technology: Develop an IT strategy to support ERM.

Requirements

• 18 years' experience, including at least 12 years' international experience.
• Experience implementing ERM within the GCC.
• Bachelor's degree in Finance, Accounting, Engineering or Science.
• Master's degree in Risk Management, or an MBA.
• Certified, or working towards certification, in Enterprise Risk Management or Financial Risk Management.