NEOM Looking for Enterprise Risk Management Lead at Saudi , Neom Full Time

Overview

Position

Enterprise Risk Management Lead

Job Code

Reports to

(Senior) Manager Enterprise Risk

Direct Reports

None

Department / Sector / Region

Governance Risk Compliance

Division

Enterprise Risk Management

Role Purpose

Support (Senior) Manager Enterprise Risk Management in delivering risk management leadership across NEOM and provide technical and project management assistance on all risk management activities.

Key Accountabilities & Activities

Planning, Strategy, Implementation and continuous monitoring/ improvement

• Work with Senior Management to define appropriate role of Risk Management in the organization.
• Assist in developing ERM strategies, objectives, processes, policies and procedures.
• Periodically review risk policies, procedures, reporting templates and framework to ensure everything is up to date.
• Identify risk issues that impact the NEOM company wide.
• Responsible for assisting and as needed, leading the development and implementation of risk-related initiatives and risk sensing/risk awareness programs.
• Facilitate periodic enterprise-wide risk assessment exercise/ workshops.
• Aggregate data from multiple sources to provide a comprehensive assessment.
• Create reports, summaries, presentations, and process documents to display results.

Relationship Management

• Engage and develop effective working relationships to support cooperative responses to risk management matters and issues.
• Collaborate with the team to develop and implement ongoing risk reporting to the Chief Risk Officer, other executive management, and Internal Audit.
• Partner with Business Continuity/ resilience team to support assessment of risk to business line processes and continuity plans, developing mitigation actions as needed.
• Monitor and report the progress of Mitigation Action Plans.
• Proactively engage the GRC Leads to monitor & report the risks, build tools & processes, drive risk informed decision making and enhance risk informed execution.
• Analyze management information to identify potential risks areas, plan, and support enterprise risk reviews.
• Issue accurate and timely reports identifying risk areas, making recommendations for improvement, and working with the business units until agreed actions are complete.
• Facilitate sharing of risk management best practice across the organization.

Background, Skills & Qualifications

Knowledge, Skills and Experience

• 3+ years of ERM, audit, project management or related experience with 1+ years developing/ operating an ERM process and/ or in a broad risk management/ strategic consulting role for Middle and Senior Management.
• Experience and capability to deputize for the Manager Enterprise Risk (if required).
• Strategic/ enterprise wide/ collaborative (rather than compliance) mindset.
• Excellent interpersonal skills to “win hearts and minds”; and communicate complex issues in a simple way to management, executives and the Audit Committee and Board.
• “Facilitator” – able to organize, facilitate running and delivering quality output from risk workshops.
• Ability to work in a continuously changing environment; and meet tight deadlines. Detailed/ results oriented. Problem solving/critical thinking.
• Willing to learn risk quantification (to check validity of business plans/ key assumptions e.g. scenario planning/Monte Carlo simulation).
• NEOM sector/ industry experience (e.g. Capital Projects, Technology, Energy, Leisure).
• Willing to learn using/ implementing Corporate Objectives/ Governance, Risk and Compliance (GRC) software/ dashboards.
• Advanced Excel, Word, PowerPoint, Visio. SAP knowledge an advantage.
• Willing to learn project management and document recording/ retention.
• Advanced communication and report writing skills.

Qualifications

• Advanced degree/ risk qualification and/ or qualified accountant (preferred)

COMMUNICATION – MAIN STAKEHOLDERS

Internal

External

• Sector, Regions, DOS, Departments, JV’s, Projects Heads
• Finance, IT, HR, Legal, GRC, Compliance, Data Privacy, Risk, and Internal Audit teams
• Advisors and Consultants
• Consultants, suppliers, vendors and service providers
• Regulatory bodies and government agencies

VERSION TRACKING

Version

V02

Prepared by

Date: 09 January 2022

First Review by

Date: 13 January 2022

Second Review by

Date:

Evaluation

Date:

Approved by

Name (Title)

Signature

AW

Date

13 January 2022