Risk Management Strategist
4 days ago
Job Title: Risk Management Specialist
About the RoleThis role is responsible for facilitating the implementation of a risk management framework at technical or operational units, including Transmission and Distribution functions in accordance with policies and applicable regulatory guidelines.
Key Responsibilities- Provide consultative oversight and programs to business units regarding risk management.
- Plan, design, and implement an overall operational/engineering risk management process.
- Guide departments in controlling identified risks and provide guidance on the Enterprise Risk Management (ERM) Framework.
- Identify and assess risk and determine the adequacy and cost-effectiveness of controls.
- Develop and implement risk dashboards to monitor key operational risks using Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs).
- Lead risk identification, assessment, and ongoing monitoring activities for high-risk operational/engineering processes.
- Conduct analysis, develop risk methodologies, and drive the implementation of strategies, policies, procedures, and internal controls.
- Identify and resolve risk issues impacting the business.
- Perform process mapping analysis and process re-engineering.
- Review and maintain the enterprise risk management system through periodic updates of risk registers.
- Work closely with technical departments to undertake thorough risk assessments and identify mitigation actions.
- Prioritize high-risk areas for effective mitigation measures.
- Monitor departments' progress and conduct training sessions to create a culture of risk awareness.
- Coordinate with the training function to include risk management training in new employees' induction programs.
- Review reports and ensure compliance with the Enterprise Risk Management Framework and Business Principles and Ethics Policy/Code of Conduct.
The ideal candidate should be an Engineering Graduate or MBA from a recognized university with at least 4 years of relevant experience. Registration with PEC is mandatory for Engineers.
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