Corporate Risk Officer

Job Summary: The Corporate Risk Officer leads and enhances the Enterprise Risk Management (ERM) framework by identifying and assessing key risks, maintaining the corporate risk register and KRIs, embedding risk into strategic decision-making, overseeing mitigation and compliance processes, fostering a risk-aware culture, and providing strategic risk reporting and advisory support to the CEO and the Board.

Duties and Responsibilities:

Enterprise Risk Management (ERM)

• Develop, implement, and continuously enhance the enterprise risk management framework and methodology.
• Identify and assess internal and external risk factors, viz., strategic, financial, operational,
• legal, regulatory, and reputational risks, providing recommendations to minimize potential impacts.
• Conduct risk workshops for the leadership & the senior management teams to ensure a thorough understanding and documentation of risks.
• Provide risk analysis and scenario planning to support strategic decision-making.

Corporate Risk Register

• Maintain an up-to-date corporate risk register, key risk indicators, causes, impacts, and ensure all identified risks are properly recorded, categorized, and rated.
• Facilitate identification workshops.
• Monitor risk trends and emerging risks across internal and external environments.
• Provide periodic updates to the CEO and Board on the risk profile of the company.

Risk Mitigation and Assurance

• Collaborate with the COO and the Unit Heads to develop and implement effective risk mitigation plans.
• Monitor adherence to mitigation strategies and actions, validate implementation through evidence-based checks and escalate gaps or non-compliance with the CEO.
• Assure the CEO and relevant Board committees that risk mitigation measures are executed and effective.

Governance and Compliance

• Manage risk reporting and governance processes, providing regular updates and strategic insights to the CEO and the Board.
• Develop and maintain risk management policies, strategies, and programmes and ensure their compliance with local and international regulatory frameworks.
• Track regulatory changes and assess business impact.
• Conduct compliance reviews and gap assessments.
• Incorporate risk assessments into processes, namely strategic planning, budgeting, and major project decisions.
• Promote a risk-aware and compliance culture across all levels of the company.

Reporting and Communication:

• Risk Appetite, KRIs and Reporting: Define risk appetite, develop Key Risk Indicators (KRIs).
• Prepare clear and concise risk reports, dashboards, and presentations for the CEO and the Board.
• Act as the primary point of contact for risk-related matters across the company.
• Advise the CEO and the Board on potential risk implications for strategic initiatives and operational decisions.

Minimum Qualifications and Experience:

Qualifications:

• Bachelor’s degree in Risk Management, Finance, Engineering, Law, Management, or a related field from a recognized university.
• A master’s degree is preferred.

Experience:

• 14-18 years of relevant experience in enterprise risk, governance, or compliance with at least 5-8 years in a senior leadership role.
• In-depth knowledge of risk management tools, regulatory requirements, and preferably in Engineering & construction operations.

Note: We thank all applicants for their interest, however only those candidates who are shortlisted will be contacted