Support the organization in implementing/ embedding a standardized, repeatable, flexible and adaptable approach to identify, assess, respond and monitor business opportunities and risks.
Support the Board and management in articulating the organizational risk appetite and create heightened awareness of risk and opportunities so as to encourage informed decision making at all levels in the organization.
1. Developing a robust understanding of the company's business, core strategies and risk appetite and risk tolerance.
2. Developing/ strengthening the overall organizational risk management framework, key risk indicators and risk identification and assessment processes;
3. Supporting the Board and management in the articulation of various aspects of organizational Risk Appetite;
4. Working collectively with key risk stakeholders across the organization to identify, assess and prioritize risks based on an assessment of the control environment to ensure that risks are mitigated or managed to an acceptable level;
5. Working closely with key risk stakeholders in the development of risk mitigation plans and monitoring implementation of risk mitigation plans;
6. Working with individual risk owners to develop/ maintain process level internal controls and risk management action plans and appropriate metrics to address risks effectively;
7. Monitoring the management of key risks to the organization and escalating issues that conflict with the organizational risk tolerance/ limits;
8. Working closely with risk stakeholders to ensure risk related documentation (including documentation of controls) is clear and accurate;
9. Supporting the management in increasing awareness, building understanding of organizational risks and embedding of the Risk Management Framework in the organization (including business units/ subsidiaries);
10. Monitoring the effectiveness of the Risk Management Framework and supporting the continual improvement of risk management activity to ensure risks are addressed effectively;
11. Contributing to the overall risk oversight program and providing insightful analysis of key risks and issues facing the organization;
12. Working closely with Internal Audit in the development of annual audit plans, and coordinating with Internal Audit to ensure visibility of top risks in the audit plan and testing of risk controls;
13. Preparing regular risk reports and other related management information on the organizational risk profile, as required by the Board and management;
14. Developing, maintaining, and improving risk management policies, methodologies, tools and templates and reports ensuring quality and effectiveness; and
15. Providing guidance on risks and controls, as appropriate.
Job Details
| Date Posted: | 2015-05-10 |
| Job Location: | Kuwait |
| Job Role: | Management |
| Company Industry: | Catering/Food Services/Restaurants |
Preferred Candidate
| Career Level: | Management |
| Degree: | Bachelor's degree |
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