Senior Associate, Risk Management

JOB PURPOSE

To implement the Enterprise Risk Management (ERM) framework by embedding risk management practices into daily operations, conducting risk assessments, and developing mitigation strategies. The role ensures continuous monitoring of risk action plans, provides strategic insights, promotes risk awareness, and strengthens business continuity plans to safeguard operations and minimise risk exposure.

KEY ACCOUNTABILITIES

Enterprise Risk Management (ERM)

• Apply the ERM framework across the organisation by integrating it into daily operations, ensuring risk management is embedded in all activities, which strengthens the overall risk culture.
• Review and update risk management policies and procedures to keep them aligned with organisational needs and regulatory changes, improving the organisation's ability to mitigate evolving risks.

Risk Assessment and Development of Mitigation Strategies

• Perform detailed risk assessments to identify and evaluate potential threats across departments, enabling proactive risk management and reducing operational disruptions.
• Collaborate with relevant stakeholders to design appropriate risk mitigation strategies that are aligned with organisational goals. Regularly update these strategies to ensure they are effective against emerging risks. Strengthens the organisation's ability to respond quickly and effectively to risks, minimising negative impacts.

Monitoring and Reporting of Risk Action Plans and KRIs

• Track the implementation of risk action plans, ensuring that each plan is executed within the agreed timelines and achieved its intended outcomes. Engage with departmental leads to ensure ownership and accountability for risk management. Ensures timely resolution of identified risks, maintaining operational efficiency and safeguarding organisational objectives.

• Develop comprehensive risk management reports and dashboards for different stakeholders, including senior management. Provides clarity and transparency on risk status, enabling risk-informed decision making by senior leadership.

Risk Analytics and Strategic Insights

• Undertake specific risk analytics projects to analyse key risk areas and trends affecting the organisation. Use appropriate analysis techniques to provide actionable insights that inform management decisions and enhance the organisation's risk profile.

• Offer strategic insights and recommendations based on risk analytics and assessments. Present these insights to the management and Board Risk & Sustainability Committee, ensuring they are informed of the most critical risks and the proposed solutions.

Risk Awareness and Business Continuity Management

• Lead initiatives to promote risk awareness throughout the organisation, ensuring that employees at all levels understand their role in risk management. Deliver training sessions, workshops, and awareness campaigns to embed risk management practices into everyday operations.

• Develop and continuously refine the organisation’s business continuity plans, ensuring they remain relevant to current risks. Conduct regular reviews and simulations to test the effectiveness of these plans during disruptions or crises. Ensures that critical business functions are protected during emergencies, minimising operational downtime and financial losses.

EDUCATION QUALIFICATION

• Degree in Finance, Business Administration, Law, Risk Management or other related disciplines.

RELEVANT EXPERIENCE

• 5 – 7 years of experiences in Risk Management and Business Continuity.
• A proven track record of successfully coordinating risk management functions and delivering exceptional business outcomes.
• Excellent verbal & written communication and interpersonal skills, with the ability to effectively communicate security-related concepts to technical and non-technical audiences and engage and influence stakeholders at all levels.