Head Enterprise Risk

Job Purpose

• Lead the management of the overall Group's Enterprise Risk Management and Emerging Risk requirements
• Responsible to lead and manage the day to day operations of Enterprise Risk Management team
• Able to strategize and drive the implementation of risk management framework, methodology, system and programs for the Group, which include obtaining buy-in from relevant stakeholders

Risk Management Framework

Assist Chief Risk, Integrity, Compliance Officer (CRICO) in managing risk across the Group, which includes but is not limited to:

• Internally - operations
• Review, recommend and enhance (where appropriate) the Group's Risk Management roadmap, policy, framework, methodology and system. This includes the establishment or enhancement of risk standards and processes that are effective and efficient in identifying, preventing, detecting and mitigating risk incidences
• Directing the operations of the risk management framework as designed
• Ensure that the Group's Risk Management efforts are coordinated effectively by the Risk team
• Provide ongoing education and appropriate briefing and training to management
• Lead the development, review and enhancement of the Group-wide risk appetite and measurements that are tailored to the Group's industry (how much risk can be taken)
• Externally - Best Practice and Scan of Risk Environment
• Be aware of the current risk management best practices in the industry
• Investigate and research emerging risks and trends in the industry, advising CRICO, GMD or management where appropriate

Risk Identification

• On a continuous basis, identify and analyze areas of potential risk to the assets, earning capacity, or success of the Group
• Provide quality challenge to the risk evaluated - inherent and residual risk, impact and likelihood, and targeted risk. Work with operations to ensure results are practical and reflective of the risk faced
• Conduct high level review threats on an annual basis in line with the latest/approved Strategy Blueprint, ensuring enterprise risks are identified, reviewed and assessed with risk treatment plans in place
• Review the Risk Assessment for Major Proposal/Investment/Divestment initiatives as prepared by Strategy or Operational Units

Risk Strategy and Annual Plans

Develop and propose the annual risk plan

Assist in the development of the Group's Risk Management Strategic plan

Requirements

• Bachelor's Degree or higher in Risk Management, Finance, Accounting, Business Administration, Law, Engineering, or a related field. (Master's Degree, MBA, or professional certification in Risk Management (e.g., CRM, FRM, IRM) is an advantage.)
• Minimum 8-12 years of relevant experience in Enterprise Risk Management, Operational Risk, Compliance, Internal Audit, or related functions.
• Those with relevant years of experience from professional services firms will have an added advantage
• Proven experience leading risk management initiatives in medium to large organizations.
• Exposure to emerging risk trends, regulatory environments, and best practices in risk management.
• Strong experience engaging with senior stakeholders and advising management teams.