Job Description: Purpose As part of the ERM framework, the governing function “RIMSC” is currently conducting risk assessment workshops to identify, analyze and document critical risks and controls of Tier 1 functions/org-units. Starting in Q4, the risk assessment scope will be extended to Tier 2 functions/org-units. The [petrochemical] client looksforward to supporting the existing team in ERM initiatives Scope • Support the risk management team for conducting functional risk assessments for ongoing residual risk assessment initiative. The consultant will support the risk management team for conducting business understanding, risk identification, risk analysis and risk treatment workshops of assigned functions. • Support the risk management team for risk identification, risk evaluation and risk mitigation strategies of top 10 business risks. The consultant will support the risk management team for conducting workshops and meetings with the relevant stakeholders. • Support the risk management team for identifying of key risk indicators and developing relevant dashboards. • Support the team for finalization of risk assessment deliverables and close out presentations with VPs/Executive Management. • Support the risk management team for providing trainings to the risk champions, risk owners and functional management. • Carry out the quality assurance activities for the assigned functions and support the risk management team in improving quality assurance and improvement program. • Support the risk management team in presenting the risk management project status and critical risks to the Board and Executive Management (wherever required).
Job Requirement: Requirements▪ The consultant should be Chartered Accountant or have certification in risk management from the recognized institute.▪ The consultant should have at least 10 years experience in risk management, internal controls evaluation, process improvement and quality assurance.▪ The consultant should have implemented enterprise-wide risk management framework (ISO 31000) and carried out operational risk assessments.▪ The consultant should have experience in SAP GRC or any other recognized GRC solution.▪ Analytical skills and ability to look at various economic and financial data, analysis of models and understand implications.▪ Communication and teamwork and the ability to liaise and negotiate with various business verticals and help them understand the underlying risk policies, to ensure better adoption of the same.▪ Experience with auditing and reporting procedures, enhanced with continuous improvement, LEAN-related concepts, and change management. ▪ Familiarity with industry compliance standards and regulations (e.g., occupational safety, health act).▪ Knowledge of Statistical and Optimization concepts.▪ Ability to build a business case, project planning, execution, and closure.▪ Solid understanding and implementation of ISO 31000 methodologies; ERM-related certification is highly preferred, e.g., Professional Risk Manager (PRM) or similar certification.▪ Excellent communication and presentation skills in English - verbally and in writing
