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• Identify and Evaluate: Identify potential risks to the organization's operations, projects, and initiatives. Assess the impact and likelihood of risks and develop risk mitigation strategies. Conduct regular risk assessments to identify emerging risks and update risk profiles. • Risk Mitigation and Control: Develop and implement risk management strategies, policies, and procedures. Design and implement control measures to minimize identified risks. Collaborate with relevant stakeholders to ensure effective risk mitigation and control activities. • Risk Monitoring and Reporting: Establish risk monitoring systems and processes to track identified risks. Monitor and evaluate the effectiveness of risk mitigation measures. Prepare and present risk assessment reports to senior management and other stakeholders. • Compliance and Regulatory Requirements: Stay updated with relevant laws, regulations, and industry standards related to risk management. Ensure compliance with applicable regulatory requirements. Provide guidance on risk-related compliance matters to business units and functions. Design and implement robust risk management process and actively compute financial risk as they present themselves. • Risk Culture and Training: Promote a strong risk management culture within the organization. Conduct training sessions and workshops to enhance risk awareness and understanding. Collaborate with HR to integrate risk management principles into employee training and development programs. • Stakeholder Collaboration: Work closely with cross-functional teams to understand their risk management needs. Provide guidance and support to business units in identifying and managing risks. Collaborate with internal audit and other assurance functions to ensure alignment in risk management efforts. Program Management • Drive all ERM initiatives from the CFO Office, monitor initiatives of varied scope and complexity. • Assist Senior Leaders and guide them how to contribute to risk management strategy. Managing Risk • Recommends and implements risk management solutions such as insurance, safety and security policies, business continuity plans, or recovery measures. • Create risk reporting protocols and develop board packs highlighting significant risk. • Ensure all leaders and associated stakeholders understand the threat the risk can possess, ensuring they understand their contribution in active risk management. Continuous Improvement • Motivate one’s own team and identify opportunities to take part in change initiatives, programs and projects that reflect international best practice and changes in the competitive environment. Policies, Processes & Procedures • Recommend improvements to company policy and direct the implementation of procedures and controls so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to all stakeholders. MIS & Reports • Prepare MIS statements and reports pertaining to departmental needs to meet UPP’s and the departmental requirements, policies, and standards. Related Assignments • Perform other related duties or assignments as directed
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