At a Glance
- Tasks: Lead risk management efforts, ensuring effective controls and reporting on risk exposure.
- Company: Join Sembcorp, a leader in energy and industrial solutions, committed to corporate governance.
- Benefits: Enjoy a competitive salary, market-leading benefits, and an annual bonus.
- Why this job: Be at the forefront of risk management, shaping a positive culture and making a real impact.
- Qualifications: Professional qualification in Risk Management or willingness to pursue one; strong analytical skills required.
- Other info: Opportunity to influence at board level and work with diverse stakeholders.
The predicted salary is between 43200 - 72000 £ per year.
Reporting to the UK Risk Manager, based in Teesside. Salary - Negotiable. Sembcorp must be able to demonstrate an ‘adequate and effective’ control environment, as part of ‘good corporate governance’. The SEUK Risk team is accountable for the delivery, embedding and adherence to the Group Integrated Assurance Framework, and the successful candidate will be core to this delivery.
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 Integrated Assurance Framework reporting to Group Risk.
- Stakeholder management; influencing and engagement up to 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; help develop an open risk culture within SEUK by providing guidance, mentoring and training on good risk management practice to SEUK employees.
- 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.
- Ensure that Operational Teams comply with Group requirements for the reporting of incidents in line with thresholds defined by Group.
- Act as 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.
- Provide advice and guidance on risk identification and control creation, processes and systems in support of their accountability for risk management.
- Challenge the adequacy and completion of the results generated across the control environment, driving recommendations for improvement.
- 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.
- 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.
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.
- 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.
- Previous experience of designing and implementing risk management solutions and processes.
For more information on this opportunity please contact retained recruitment partner Adam Gallagher at Imperial Recruitment Group.
Contact Detail:
Imperial Recruitment Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise Risk Manager
✨Tip Number 1
Familiarise yourself with the Group Integrated Assurance Framework that Sembcorp uses. Understanding this framework will help you demonstrate your knowledge during interviews and show that you're ready to contribute from day one.
✨Tip Number 2
Network with professionals in the risk management field, especially those who have experience in the energy or industrial sectors. Engaging with them can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with Key Risk Indicators (KRIs) and how you've implemented them in previous roles. Being able to share specific examples will highlight your expertise and suitability for the position.
✨Tip Number 4
Showcase your ability to influence stakeholders at various levels. Think of examples where you've successfully communicated complex risk issues to non-experts, as this skill is crucial for the Enterprise Risk Manager role.
We think you need these skills to ace Enterprise Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of the Enterprise Risk Manager role. Focus on your analytical skills, risk management qualifications, and any experience in energy or industrial environments.
Craft a Compelling Cover Letter: Write a cover letter that specifically addresses how your background and expertise make you a suitable candidate for this position. Mention your understanding of key risk concepts and your ability to influence stakeholders at various levels.
Showcase Relevant Qualifications: Clearly list any professional qualifications in Risk Management, such as diplomas or certifications. If you're working towards one, mention that too. This shows your commitment to the field and enhances your application.
Highlight Stakeholder Management Skills: Emphasise your experience in stakeholder management, particularly your ability to communicate complex risk issues clearly and effectively. Provide examples of how you've influenced decision-making at higher levels in previous roles.
How to prepare for a job interview at Imperial Recruitment Group
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations of the Enterprise Risk Manager position. Familiarise yourself with Sembcorp's Integrated Assurance Framework and be prepared to discuss how your experience aligns with their risk management needs.
✨Prepare for Stakeholder Engagement Questions
Given the importance of stakeholder management in this role, think of examples from your past experiences where you've successfully influenced or engaged with senior stakeholders. Be ready to explain your approach and the outcomes of those interactions.
✨Showcase Your Analytical Skills
As an Enterprise Risk Manager, strong analytical skills are crucial. Prepare to discuss specific instances where you've used data analysis to identify risks or improve controls. Highlight any tools or methodologies you’ve employed in your previous roles.
✨Demonstrate a Proactive Risk Culture
Sembcorp values a proactive approach to risk management. Be prepared to share your thoughts on fostering a positive risk culture within an organisation. Discuss any training or mentoring initiatives you've led and how they contributed to improved risk awareness among employees.