Responsible for the governance and management necessary to identify, evaluate, mitigate, and monitor the companys operational and strategic risks. Establish Enterprise Risk Management (ERM) architecture and develop tools, practices, and policies to analyze and report enterprise risks. Ensure the organizations risk management policies and strategies are aligned with the ERM framework and the organizational objectives.
Perform risk assessment: Develop and implement risk assessment methodologies, models and systems. Analyze current risks and identifying potential risks affecting the company.
Perform risk evaluation: Evaluate company?s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs, legal requirements, etc.
Assess and maintain risk maturity profile of the organization. Establish and quantify organisations risk appetite.
Integrate Risk management with strategic management process. Help establish and maintain risk management philosophy and culture within the organization.
Develop, implement and maintain an ERM framework and supporting policies, procedures, tools & techniques. Develop monitoring methods to highlight performance of ERM Framework.
Develop and maintain strong rapport within the organization. Proactively engage the Risk Owners to monitor & report risks, build tools & processes, support the drive for risk informed decision making.
Facilitate the compilation of strategic and operational risk registers.
Facilitate the development of risk response strategies (mitigation plans) and reporting progress of these plans.
Periodically review risk policies, procedures, reporting templates and framework.
Implement appropriate risk reporting to the Managing Director.
Assist in the development of risk-based audit plan.
Build risk awareness amongst staff by providing support and?training?within the company?
