Enterprise Risk Manager

Reporting to the UK Risk Manager, based in Teesside. Salary - Negotiable. Sembcorp are keen to attract, retain and develop the highest calibre of colleague. The company offers a market leading benefits package and annual bonus.

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. The successful candidate will be core to this delivery, specifically; identification, assessment, management (controls), and reporting/communicating on Risk exposure and Control effectiveness for both existing and new business.

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.
• Drive and strive for better; 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.
• Organise BCP exercises to test the effectiveness of the policies and procedures at a time of crisis.
• Ensure that Operational Teams comply with Group requirements for the reporting of incidents in line with thresholds defined by Group.
• Assess whether risk assessments need to be adjusted as a result of these incidents.
• 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 and ensure compliance with Group Risk requirements.

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.