Main Purpose:
The ERM Senior Specialist is responsible for developing and maintaining the organization's Risk Management Framework. This role ensures that risksfrom financial and operational to strategic and reputationalare identified, measured, and mitigated before they impact corporate objectives.
Area of Responsibility:
- Framework Implementation: Design and update the Enterprise Risk Management framework based on ISO 31000 or COSO standards.
- Risk Identification & Assessment: Facilitate annual and quarterly risk workshops with department heads to identify emerging threats and assess their potential impact and likelihood.
- Risk Register Management: Maintain the Corporate Risk Register and oversee departmental sub-registers, ensuring all data is accurate and up-to-date.
- Risk Appetite & KRIs: Assist leadership in defining the organization's Risk Appetite Statement and develop Key Risk Indicators (KRIs) to monitor exposure levels.
- Mitigation Tracking: Collaborate with Risk Owners to design effective internal controls and follow up on the progress of mitigation action plans.
- Reporting: Prepare high-level risk dashboards and quarterly reports for the Risk Committee and Board of Directors.
Educational Qualification:
- Bachelor's degree in Risk Management, Finance, Business Administration, or a related field.
Work Experience:
- 46 years of experience in Risk Management.
