Manager Enterprise Risk Management.1011647

Job Description

Manager Enterprise Risk Management – Enterprise Risk Management<br>Job Purpose:<br>Manager Enterprise Risk Management is responsible to lead, support and sustain a risk management program that is effectively embedded into the institution’s operations. In addition, the responsibilities include leading, implementing and developing the risk management practices that enable an organization to make risk-effective decisions that create and sustain value.<br><br>Key Roles &amp; Responsibilities<br>Strategic Responsibilities<br><br>•Contribute to the development of the Department’s strategy, as well as annual business plans.<br>•Contribute to the development of the Department’s policies and procedures, in line with the overall business objectives of the University, ensuring they promote leading practices and excellence.<br>•Contribute to the development and management of the Department’s budgets and report back on a timely basis to ensure that divergences are addressed promptly.<br><br>Operational Responsibilities<br><br>• Develop a Comprehensive Risk Framework and Process for Evaluating and Prioritizing Risks<br>• Provide leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the operational and strategic risk.<br>• As a part of risk planning, analyze the likelihood, impact, and velocity of risks across the institution.<br>• Develop Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an enterprise risk management framework.<br>• Identify and disclose key risks to the Management.<br>• Monitor all operational risk management activities of the organization.<br>• Monitor and analyze risks within the organization business units and reports on these risks to the Management.<br>• Provide key inputs into the organization’s enterprise risk or other committee that oversees the enterprise risk management process and ensure alignment with organizational objectives.<br>• Ensure the organization’s risk management policies and strategies are in compliance with applicable regulations, rating standards, and strategic imperatives of the organization<br>• Review Risk /Mitigation options<br>•Mitigate risks and manage risk events.<br>•Develop a Risk System for Communicating, Reporting, and Monitoring<br>• Develop appropriate action plans and execute<br>• Evaluate effectiveness of strategic and action plans; determine if results are on target with University objectives, making adjustments as necessary<br>• Manage services and programs utilizing continuous improvement methodology<br>• Define goals for future organizational performance and decide on the tasks and uses of resources needed to attain them;<br>• Develop, evaluate, enhance, and implement quality improvement practices, processes, procedures, or policies that have a strategic impact on University operations<br>• Ensure established standards of continuous quality improvement are met;<br>• Maintain up-to-date knowledge of local laws, policies, regulations, exhibits and guidelines as they relate to the relevant programs.<br>• Maintain the confidentiality of the work and the results of the work performed.<br>• Manage operational, investigative, compliance and programs audits.<br>• Maintain, monitor, tracks and respond to questions regarding compliance program activities.<br>• Adhere to the University’s information security and confidentiality policies and procedures, and report breaches or other security risks accordingly<br>• Coordinate with other departments to facilitate the accomplishment of tasks and responsibilities, as and when needed<br>• Perform any other tasks assigned by the Line Manager<br><br>Supervisory Responsibilities<br><br>•Provide coaching, guidance and mentoring as required to enhance the internal capabilities of the team and ensure the achievement of established objectives and plans.<br>•Recommend appropriate training courses as per the pre-determined training needs, evaluate their effectiveness, and monitor their results.<br>•Carry out performance appraisals for subordinates according to planned schedules and recommend necessary actions as per the applied practices.<br>•Conduct periodic meetings with subordinates to ensure that priorities are clear and workflow is running smoothly.<br>•Follow-up on employees’ administrative affairs such as vacations, leaves and other administrative and related affairs.