Strategic & Managerial Responsibilities:
- Advise on ERM policies and ensure risk management strategies align with corporate governance and regulatory requirements.
- Approve enterprise risk reports and oversee risk exposure management in alignment with corporate risk appetite.
- Communicate risk control strategies and ensure department-wide adherence to ERM frameworks.
- Direct ERM governance initiatives, ensuring compliance with international risk standards and regulatory guidelines.
Core Responsibilities:
- Approve and maintain ERM risk registers to ensure structured risk identification, analysis, and mitigation strategies across business units.
- Direct and oversee comprehensive Business Impact Analysis (BIA) reviews to identify, evaluate, and address enterprise risks effectively.
- Authorize ORSA reporting, ensuring risk assessments align with solvency regulations, capital adequacy, and financial resilience measures.
- Foresee and approve risk reduction strategies that enhance resilience, mitigate threats, and maintain compliance with industry's best practices.
- Communicate ERM awareness programs, promoting a proactive risk culture and strengthening decision-making processes organization-wide.
- Represent ERM during regulatory audits, internal risk reviews, and external assessments to ensure policy compliance and governance integrity.
- Direct the implementation of ERM frameworks, embedding risk management principles into strategic, operational, and financial planning.
- Envision and implement business continuity improvements that safeguard critical functions against potential disruptions and operational risks.
- Grant authorization for ERM assessments, overseeing risk control measures, compliance frameworks, and governance enhancement strategies.
Quality & Excellence Management:
- Approve ERM data analytics to enhance risk reporting and strategic decision-making processes.
- Direct risk governance audits and ensure adherence to ERM policies and international standards.
- Communicate risk excellence strategies, ensuring continuous improvements in ERM frameworks.
- Envision a proactive ERM culture, reinforcing compliance and strategic risk mitigation initiatives.
People Management Responsibilities:
- Advise ERM team members, providing guidance on enterprise risk management policies and procedures.
- Communicate risk governance principles and ensure compliance adherence across business units.
- Direct ERM training initiatives to enhance organizational understanding of risk governance frameworks.
- Approve career development programs supporting UAE Nationals in the risk management domain.
Preferred Educational Qualifications and Professional Certifications
- Bachelor's degree in Risk Management, Finance, Business Administration or related field.
- Master's degree in Risk Management, Finance, Business Administration or related field.
- Certified Enterprise Risk Manager (CERM), Certified Information Systems Auditor (CISA) or equivalent is a plus.
Experience
Minimum 7+ years of enterprise risk management experience, with at least 3 years in leadership roles.