Risk Manager

Summary of the role The Risk Manager (ERMF) in the relevant Business Units (BU). The Risk Manager identifies and assesses risks relevant to the organization, while advising and supporting on effective risk management practices. The Risk Manager will work closely with all business areas as well as the Enterprise Risk team to support the relevant Board of Directors in setting appropriate risk appetites and designing a robust internal control environment to mitigate the risks to which the BU is exposed. ESSENTIAL DUTIES AND RESPONSIBILITIES 1. Promote and Embed Risk Culture Support the promotion, dissemination and communication of the ERMF in the relevant BUs. Foster a strong risk culture by ensuring the understanding and embeddedness of the ERMF in day-to-day activities particularly through the effective utilisation of the in-house risk system ERMA (Enterprise Risk Management Application). 2. Implementation of the ERMF Oversee the integration of the ERMF within the relevant BUs, focusing on the identification, assessment and management of material risks and their controls. Manage the alignment of the Risk Management Framework and governance mechanisms Establish, participate and manage running of Risk Committees as appropriate and manage Board approved governance documentation aligned to ERMF including Enterprise Risk Management Policy, Risk Appetite Statement and Risk Registers 3. Support the Ongoing Enhancement of the ERMF Assist the Group Head of Enterprise Risk with ongoing enhancement of the ERMF by proactively identifying new or emerging risks that could impact the BU or wider organisation Consolidate and analyze risk information to assess the potential impact on risk areas Drive the roll-out and completion of bi-annual 2LOD Risk and Control Self-Assessment (RCSA) and 1LOD Control Self Assessment (CSA) to ensure robust risk and control practices Compile and maintain ongoing and periodic risk reporting to keep stakeholders informed of risk trends and mitigation efforts. 4. Oversee Event and Decision Escalation Management Ensure the effective identification, management and remediation of risk-related events within the relevant BUs Establish and embed processes to track and close risk-related events in a timely manner Report or escalate any Events in line with Escalation protocol REQUIREMENTS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed in this job description are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Waystone has an open and inclusive culture and we encourage candidates from varied backgrounds and experiences to apply. Education An internationally recognised professional qualification. Strong academic background including a Degree in Finance/Business/Economics or related field. Skills/Experience Demonstrable knowledge of risks identification, assessment, and management frameworks. Strong ability for design, implement and execution of control frameworks. An internationally recognised professional qualification or bachelors degree or significant experience in risk, compliance or operations-based control function Minimum of 5 years relevant experience in the financial sector with proven path of advancement Excellent interpersonal and communication skills, both written and verbal Ability to think strategically, prioritise effectively and balance competing deadlines and stakeholders First Name Last Name Email Phone Address City Province Postal Code Country India Resume Choose File No file selected Date Available Desired Pay Website, Blog, or Portfolio LinkedIn Profile URL Thank You Your application was submitted successfully