At a Glance
- Tasks: Lead risk management initiatives and ensure effective control measures are in place.
- Company: Join Sembcorp, a leader in sustainable energy solutions, committed to innovation and excellence.
- Benefits: Enjoy a competitive salary, market-leading benefits, and an annual bonus.
- Why this job: Be part of a dynamic team shaping risk management practices in a forward-thinking company.
- Qualifications: Professional qualification in Risk Management or willingness to pursue one; strong analytical skills required.
- Other info: Opportunity for mentorship and training, with a focus on developing a positive risk culture.
The predicted salary is between 43200 - 72000 £ per year.
Reporting to the UK Risk Manager, based in Teesside. Salary is negotiable. Sembcorp offers a market-leading benefits package and annual bonus.
Sembcorp must 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 in the 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, ensuring that Sembcorp Group and UK Market risks are 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 involving the 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 implement forward-looking KRIs as preventative measures.
- Risk training and mentoring to develop an open risk culture within SEUK by providing guidance, mentoring, and training on good risk management practice.
- 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 and are updated for all changes in personnel, processes, and systems.
- Ensure that Operational Teams comply with Group requirements for the reporting of incidents and 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 timely through the project risk management framework.
- Provide advice and guidance on risk identification and control creation, ensuring risks are managed within the group risk appetite.
- Challenge the adequacy and completion of results generated across the control environment, driving recommendations for improvement.
- Assist the UK Risk Manager in producing reporting to the UK Risk Committee and IAF reporting.
- 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.
Skills & Experience:
- A professional qualification in Risk Management (e.g., diploma in Enterprise Risk Management or Certified Member of the Risk Management Institute) 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 – particularly PowerPoint, Excel, and Word.
- Ability to provide thought leadership regarding operational risk matters and influence a broad range of stakeholders.
- 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 Adam Gallagher at Imperial Recruitment Group.
Enterprise Risk Manager employer: 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 to its delivery.
✨Tip Number 2
Network with professionals in the risk management field, especially those who have experience in energy or industrial environments. Engaging with these individuals 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 used them in past roles. Being able to articulate your approach to developing and managing KRIs will be crucial in showcasing your fit for the position.
✨Tip Number 4
Brush up on your analytical skills and be ready to present examples of how you've used data to drive risk management decisions. This will highlight your ability to provide thought leadership and influence stakeholders effectively.
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: If you have a professional qualification in Risk Management or are working towards one, be sure to mention it prominently. Highlight any degrees or industry qualifications that are relevant to the role.
Demonstrate Stakeholder Management Skills: In your application, provide examples of how you've successfully managed relationships with stakeholders, particularly at senior levels. This is crucial for the Enterprise Risk Manager position, so make it clear how you can influence and guide effectively.
How to prepare for a job interview at Imperial Recruitment Group
✨Understand the Role Thoroughly
Before the interview, make sure to read the job description carefully. Familiarise yourself with the key responsibilities and skills required for the Enterprise Risk Manager position. This will help you tailor your answers to demonstrate how your experience aligns with what the company is looking for.
✨Prepare for Scenario-Based Questions
Expect to be asked about specific scenarios related to risk management. Prepare examples from your past experiences where you successfully identified, assessed, and mitigated risks. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
✨Showcase Your Analytical Skills
Given the emphasis on analytical skills in the job description, be ready to discuss how you've used data analysis in previous roles. Highlight any tools or methodologies you've employed to assess risk and control effectiveness, as well as how you communicated these findings to stakeholders.
✨Demonstrate Stakeholder Management Experience
The role requires influencing and engaging with stakeholders up to director level. Be prepared to share examples of how you've successfully managed relationships and communicated complex risk concepts to diverse audiences. This will show your ability to navigate the corporate environment effectively.