The role of the Manager Enterprise Risk Management is to :
Spread the risk management culture and awareness across the company and its wholly / majority-owned subsidiaries.
To develop the company’s risk models including, financial, operational, compliance, IT, market, HSEQ, and credit risks.
To ensure the effectiveness of risk management practices across the company and report to the PCEO on the same.
To ensure that the risk management practices are in compliance with applicable laws and regulation in the state of Qatar and abroad.
Key Roles & Responsibilities
Planning, designing and implementing an overall risk management process for the organisation
Risk assessment, which involves analysing risks as well as identifying, describing and estimating the risks affecting the business
Work with business unit heads in organizing and facilitating risk identification and rating workshops
Manage the risk champions designated in each business unit. These champions will report to the ERM Manager on a weekly basis the changes in risks profile, and will have to send on a monthly basis an official report for the review and approval of the ERM Manager prior to circulating it to the MLT members
Risk evaluation, which involves comparing estimated risks with criteria established by the organisation such as costs, legal requirements and environmental factors, and evaluating the organisation’s previous handling of risks
Recommending for PCEO endorsement and BoD approval the company’s risk appetite’, i.e. the level of risk they are willing to accept
Reporting regularly to Chief Internal Auditor and the MLT on the company’s top risks, risk profile, and action plan status implementation
Liaising with Internal Audit on risk identification and assessment
Providing support, education and training to Milaha staff to build risk awareness within the company
Support and provide guidance to business units in the creation of business continuity plans to ensure mitigation of corresponding risks.
Support and provide guidance to business in the development of disaster recovery and emergency response processes and plans
Graduate Degree in Risk Management, Business, Accounting, Economics, legal or business-related field
Certification in risk management is a plus
7-10 years in risk management with at least 5 years in a managerial role.
ERP experience with Oracle database is a definite plus
Fluent in English; Arabic is a plus
Strong knowledge of theories and practices related to Risk Management (COSO Framework, ISO 31000 : 2009).
Strong knowledge of developing and monitoring risk management plans and budgets