JOB OBJECTIVE:
The Executive, Risk Management supports the execution of DET's ERM activities—helping develop the Annual Risk Management Plan, maintaining the risk register, coordinating assessments, and tracking mitigation so that risks to DET's objectives are identified, evaluated, reported, and managed in line with ISO 31000, NIST, and COSO.
KEY ACCOUNTABILITIES:
Core Functional Responsibilities & Subject Matter Expertise
- Assist in drafting inputs to the Annual Risk Management Plan (scope, timelines, stakeholders, resources) aligned to DET's priorities.
- Support the implementation of DET's ERM framework and risk philosophy in line with ISO 31000, NIST, and COSO guidance (templates, procedures, controls library).
- Coordinate with business units to collect data on risk capacity, tolerance, and appetite; prepare first-cut analyses and summaries for review.
- Facilitate logistics for risk and control self-assessments (RCSA); compile risk registers, score risks using approved criteria, and document assumptions.
- Perform baseline analysis on inherent/residual risk, control effectiveness, and emerging risks; highlight gaps for review by the Senior Manager.
- Maintain the DET-level risk register: create/update entries, ensure metadata completeness, and track ownership, due dates, and status.
- Prepare periodic risk dashboards/reports (heat maps, trends, KRIs) for committees and leadership; ensure accuracy and version control.
- Track risk response and mitigation plans to closure; follow up with owners on milestones, dependencies, and evidence of completion.
- Escalate delays and high-risk items per governance thresholds; propose schedule or scope updates for approval.
- Coordinate with line management and risk champions to promote a collaborative approach to risk management and on-time deliverables.
- Schedule and document workshops, interviews, and follow-ups; maintain clear communication and action logs.
- Support training and awareness sessions on the ERM framework and RCSA process (materials, attendance, evaluations).
- Gather feedback and suggest enhancements to content and formats.
- Ensure documentation complies with DET policies and leading standards; maintain auditable working papers.
- Contribute ideas to improve methods, templates, and tools; support post-implementation reviews of major initiatives from a risk perspective.
