Enterprise Risk Officer at Outsource Company

Job Details

• Design and implement an overall risk management process for the Agency
• Explore and analyze Agency key performance indicators/metrics and identify risk trends to be incorporated into Agency’s risk register
• Gather risk-related data from internal and external resources and conduct analyses to identify, validate, and report emerging risks for consideration and follow-up
• Facilitate risk workshops in order to evaluate and quantify risks and develop appropriate risk mitigation strategies and action plans
• Conduct reviews to assess control environments to help develop additional controls and audit programs to assist with the execution of risk mitigations plans
• Educate and train other units in the concepts and international best practices of ERM in order to promote risk awareness and effective risk management within the Agency.
• Create business continuity plans to limit risks
• Prepare and collate monthly risk reporting to the Actuarial Manager Risk and Regulation Compliance.
• Conduct policy and compliance audits, which will include liaising with internal and external auditors and facilitate review of ERM program for verification and certification purposes.
• Liaise closely with the other departments in order to ensure proper escalation of business area risks to the Agency risk register
• Prepare, maintain and communicate detailed risk management policies and processes including the risk control self-assessment process
• Assist in the annual review of the risk management policy in preparation for Board sign off, communicating amendments to business areas as required
• Monitoring the implementation of action plans to address key risks on the risk and control self-assessments/risk registers.
• Prepare regular compliance reports