Enterprise Risk Manager
Reporting to the UK Risk Manager
Based in Teesside
Salary - Negotiable - Whilst all salaries are graded, Sembcorp are keen to attract, retain and develop the highest calibre of colleague. Also, the company offer a market leading benefits package and annual bonus.
Sembcorp must be able to demonstrate an ‘adequate and effective’ control environment, as part of ‘good corporate governance’.
SEUK Risk team are accountable for the delivery, embedding and adherence to the Group Integrated Assurance Framework and the successful candidate will be core to this delivery. specifically; identification, assessment, management (controls), and reporting / communicating on Risk exposure and Control effectiveness for both existing and new business.
The principal responsibility of the Enterprise Risk Manager is to provide a risk management service to the SEUK management and leadership team, providing assurance that Sembcorp Group and UK Market risks are being identified, evaluated and mitigated to acceptable levels. This includes:
The dynamic maintenance and management of the Enterprise Risk and Control register
Reporting on the effectiveness of Key Controls in mitigating effects of Key Risk Drivers across all SEUK functional areas,
The development and management of effective forward looking Key Risk Indicators
The associated reporting to UKMC and the preparation of the Quarterly Iintegrated Assurance Framework reporting to Group Risk.
Stakeholder management; influencing and engagement upto and including Director level
Key Responsibilities:
Management and continuous development of the Enterprise Risk Associate
Drive Risk management and Control performance through detailed work that will involve development of risk and control registers and working closely with functional business units; reviewing and assessing the adequacy and effectiveness of controls and the development of Key Risk Indicators (KRIs). Develop trend analysis of past risk issues to prevent re-occurrence and implementing forward looking KRIs as preventative measures
Risk training and mentoring
Drive and strive for better; help develop an open risk culture within SEUK by providing guidance, mentoring and training on good risk management practice to SEUK employees and extol the benefits that the company can derive from its implementation
To identify training needs for risk management and oversee improvement in risk competence and awareness across SEUK.
Deputising for the UK Risk Manager on Enterprise Risk matters
Assisting in the communication of SEUK IAF principles to the UKMC, operational teams and external parties (Auditors, brokers, Risk assessors).
Support the annual insurance renewal process
Ensure that all Business Continuity policies comply with Group requirements, associated procedures are fit for purpose and are updated for all changes in personnel, processes and systems. This includes the organiasation of BCP exercises to test the effectiveness of the policies and procedures at a time of crisis
Ensure that Operational Teams comply with Group requirements for the reporting of incidents in line with thresholds defined by Group and assess whether risk assessments need to be adjusted as a result of these incidents
Is a business partner to the Project team to ensure that project risks are managed accurately and on a timely basis through the project risk management framework
Is a business partner with core SEUK management to provide advice and guidance on risk identification and control creation, processes and systems in support of their accountability for risk management ensuring risks are managed within the group risk appetite and that the process is dynamic,
Challenge as appropriate the adequacy and completion of the results generated across the control environment, driving recommendations for improvement, obtaining management agreement to their implementation, and assisting management in the timely and accurate completing of agreed action plans
Assist the UK Risk Manager to produce reporting to the UK Risk Committee and IAF reporting to ensure that Risk and Control performance reporting is clear, timely and effective, with breaches to KPIs being highlighted,
Contribute to the governance of the ‘master’ Enterprise Risk and Control register, and sub departmental registers.
Provide training and assistance to all users of the RSA Archer tool once implemented in relation to the system’s functionality and ensure compliance with Group Risk requirements in this respect
Skills & Experience:
A professional qualification in Risk Management e.g. diploma in Enterprise Risk Management or Certified Member of the Risk Management Institute or equivalent (or a willingness to work towards one of these qualifications),
Degree or equivalent industry qualification (STEM preferred)
Evidence of strong analytical skills and a keen eye for detail
Up-to-date understanding of key risk and control concepts, tools and trends
Knowledge and experience of Microsoft Office – in particular PowerPoint, Excel and Word
Ability to provide thought leadership to UK business regarding operational risk matters, and can deploy a range of styles to influence, negotiate and guide with gravitas to a broad range of stakeholders, translating complex issues into easily understood information.
Ability to influence up to board level.
Desirable:
Experience of risk management in energy / industrial environment,
Good understanding of the insurance and risk financing markets, and
Previous experience of designing and implementing risk management solutions and processes.
For more information on this opportunity please contact at retained recruitment partner Adam Gallagher at Imperial Recruitment Group