Risk Management Team Leader

Job Purpose:

The job holder is responsible for supervising risk management activities including preparing the framework, risk assessment and mitigation to reduce risks and ensure business continuity in the Council.

Responsibilities:

• Develop the operational plan for Risk Management in line with the business plan.
• Ensure that Risk Management business plan is well communicated and understood.
• Assist the section head in developing budgets and identifying resources.
• Participate in the development of policies in compliance with requirements (legal, internal, external).
• Manage the development of Risk Management processes, procedures, forms, and tools in compliance with policies and identify business needs for automation in coordination with Technology Services.
• Manage the day-to-day activities of the team ensuring that work processes are implemented as required.
• Provide subject matter expertise in risk management subjects and support in developing approaches and tools.
• Coordinate with internal and external stakeholders including other departments, public and private sector entities, contractors, and consultants.
• Identify sources of data, ensure data accuracy and conduct complex analysis.
• Follow-up and handle escalated cases/issues with the Director and ensure resolution in a timely manner.
• Develop advanced reports and submit for decision-making purposes.
• Keep abreast of latest national and international risk management standards to identify best-fit risk management practices for CHI.
• Develop and maintain CHI risk management strategy, standards, tools, and mitigation framework in line with best practices and lessons learned.
• Assess and provide advice concerning developed risk management appetite, policies, guidelines, frameworks, producers, templates, forms, and criteria for risk identification, classification, assessment, and mitigation.
• Develop and maintain framework to train CHI employees on set plans, onboard and raise awareness on new strategy, answer inquiries and concerns, and ensure continuous re-enforcement of risk culture across CHI.
• Manage internal and external assessments to identify risks per department and activity, receive feedback from businesses/champions, and modify risk management strategy accordingly.
• Manage risk monitoring through consolidated risk indicators and mitigation status for identified risks.
• Ensure development and maintenance of risk register and update regularly in coordination with concerned departments.
• Ensure support is provided to CHI departments in developing Key Risk Indicators (KRIs) for their risk register.
• Manage the automation and maintenance of risk management modules in GRC system to maintain documentation and improve workflow efficiency.
• Review identified, prioritized and categorized potential threats (financial, regulatory, people, operational, etc.), assess their impact on CHI, and recommend next steps.
• Review developed mitigation and recovery plans to minimize risks and threats and ensure coordination with CHI departments in all phases.
• Maintain regular follow-up with concerned stakeholders on risk mitigation analysis and mitigation plans development and implementation.
• Ensure proper implementation of developed risk management plans and share reports with relevant stakeholders.
• Evaluate CHI risk management current practices and provide subject matter expertise to identify areas of improvement.
• Participate in the identification and recruitment of key talent.
• Guide, mentor and support direct reports in order to execute their duties according to set policies and processes.
• Perform on-the-job training for direct reports.
• Provide feedback on the job performance of direct reports.

Job Qualifications:

Education, Certifications:

• Bachelor's degree in business administration or a related field.
• Chartered Enterprise Risk Analyst (CERA) or ISO 31000 or Enterprise Risk Management Certified Professional (ERMCP) or Certified Risk Manager (CRM) certification is required.
• Proficient in oral and written English language.

Experience:

• 6+ years of relevant experience.
• Experience in operational, financial and health risk management.
• Previous experience in government sector or regulatory bodies is preferable.