Deputy Manager RM-Business Partner

Our employees are our company's greatest asset - they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission.

Job Title: Deputy Manager - Risk Management – Distribution

Purpose:

To support building of risk management capabilities, improving resilience in business processes and informed decision making by implementing ERM framework across assigned portfolios. The core responsibilities involve diligently identifying and categorizing risks using ERM methodologies and conducting analytical and qualitative assessment of identified risks. Furthermore, it involves monitoring and analysis of leading and lagging risk indicators for continuous risk assessment of existing risks, validation of risk mitigation strategies and tracking action plans.  These responsibilities provide solid foundation in determining and managing risk exposure while cultivating and maintaining strong relationship with process owners.

The position proactively supports to identify, assess & monitor Business, Strategic and Operational risks faced by Distribution business to ensure gaps in future strategies are mitigated / alternate available.

Education:

Graduate / ACCA / MBA / BBA / BE (Electrical).

Knowledge:

• Awareness of latest trends in Governance, Risk & Compliance (GRC)
• Thorough understanding of policies and best practices of risk management
• Basic knowledge of ERM solutions and their functionalities
• Data analysis and visualization tools
• Understanding of business processes and their optimization

Experience:

At least 3 years of experience

Competencies

DRIVES RESULTS > Value (CUSTOMER CENTRIC + ENERGIZED)

DRIVES CHANGE > Value (ENERGIZED)

MENTAL AGILITY > Value (ENERGIZED)

SELF AWARENESS > Value (ACCOUNTABILITY)

INTERNAL & EXTERNAL STAKEHOLDER MANAGEMENT > Value (CUSTOMER CENTRIC + RESPECTFUL)

Safe

Areas of Responsibility

1. Risk Monitoring and Data Analytics (40%)

• Identify and formulate key risk indicators that will be used to measure the status of each risk. KRIs should be quantifiable, relevant, and timely.
• Regularly collect data and information related to the identified risks. This may involve internal data sources, external market data, and expert opinions.
• Implement alert mechanisms or triggers that notify relevant stakeholders when risk levels exceed predefined thresholds.
• Utilize technology and data automation tools to streamline the collection and aggregation of risk data, making the process more efficient.
• Schedule regular reviews and analysis of KRI data to identify trends, patterns and potential control gaps that need to be addressed.

2. Mitigants Tracking and Control Validation (20%)

• Revisit and review the action plans developed to address high-priority risks. Ensure that the plans are well-documented and actionable.
• Track the execution of risk mitigation plans to ensure that they are implemented effectively and on schedule. This involves working closely with stakeholders responsible for executing the plans.
• Continuously monitor the progress of mitigation efforts by collecting and analyzing relevant data and performance metrics.
• Assess the risk's impact and likelihood to determine if mitigation efforts have effectively reduced the risk to an acceptable level.

3. Risk Analysis and Assessment (20%)

• Examine internal documents, reports, policies, and procedures to identify risks.
• Conduct interviews, focused group / brainstorming sessions with Risk Champions to gather insights into potential risks. Encourage open and candid discussions.
• Utilize risk checklists or questionnaires tailored to specific business processes and functions to prompt discussions and identify risks systematically.
• Analyze risk incidents, including assessment, root cause analysis, and follow-on remediations as required.

4. Risk Reporting and Documentation (20%)

• Maintain a comprehensive risk register that catalogs all identified risks, their descriptions, potential impact, likelihood, risk owners, and other relevant details.
• Document the results of risk assessments, including assessments of impact and likelihood, risk scores, and any qualitative or quantitative data used in the analysis.
• Maintain records of risk-related communications, including meeting minutes, emails, and other correspondence related to risk management discussions and decisions.
• Create reports summarizing the results of risk identification and assessment processes, including risk profiles, risk scores, and assessments of impact and likelihood.
• Collaborate closely with cross-functional departments and teams to gather valuable insights, ensuring that risk assessments comprehensively encompass all relevant facets of the business.

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, physical or mental disability, race, religion, creed, gender, marital status, status with regard to public assistance or any other characteristic protected by federal, state or local laws.

Women and persons with disabilities are encouraged to apply. Role suitability for PWDs will be assessed in accordance with HSE standards.