Enterprise Risk Management Specialist - Kenilworth at Unitrans

Job Advert Summary    

• The ERM Specialist will be responsible for identifying, assessing, and mitigating operational, financial, regulatory, and reputational  risks associated with the company. The ERM Specialist will work closely with the Assurance & Compliance, Legal, Finance, SHEQ  and Operational Excellence teams to ensure that the company's ERM practices are robust and effective.

Minimum Requirements    
Qualification and Experience -

• Degree or Diploma with 4 to 6 years related experience

Duties & Responsibilities    

• Conducting regular risk management workshops and risk assessments to identify, analyse and evaluate potential risks to the 
• company's operations, financial position, and reputation.
• Aggregating, recording and assessing all existing and emerging risks and controls.
• Developing, implementing and maintaining risk management plans and systems that align with the company's objectives, as well 
• as risk tolerance and appetite levels, including risk mitigation and treatment strategies.
• Maintaining divisional, regional and functional risk registers and collaborating with risk and control owners to track the 
• implementation progress of risk treatment plans.
• Maintaining divisional and regional Combined Assurance Models, considering all KAP Corporate, internal and external sources of 
• assurance.
• Conduct incident reviews following significant risk events and use learnings to take appropriate corrective and/or preventative 
• action in an attempt to avoid reoccurrence.
• Assist in the development and implementation of fraud detection and prevention measures (including data analytics) to protect the 
• company from financial losses resulting from fraudulent activities.
• Working closely with other departments to evaluate whether adequate and effective internal controls are in place to manage risks.
• Compiling regular reports to senior management on the company's risk exposure, risk management strategies, and performance 
• against established risk management objectives.
• Ensure completion of the annual risk management work plan approved by the Audit & Risk Committee.
• Continuously monitoring and evaluating the effectiveness of the company's risk management strategies and implementing 
• changes to improve performance and maturity over time.
• Assist in developing and implementing crisis management plans to respond to potential crises or unexpected events that could 
• impact the company's operations or reputation.
• Coordinate annual insurance declarations and renewals, quarterly insurance claims reporting, ad-hoc insurance cover 
• confirmations and interim policy adjustments.
• Support the provision of training and education to employees on risk management, fraud prevention, and insurance issues.