The incumbent will be responsible to develop, coordinate, and maintain PLUS’s risk management and resilience practices through comprehensive risk assessments and business continuity management. Th incumbent will work closely with all business functions to understand their processes, identify risks, and provide solutions to help manage and minimize those risks.
Key Responsibilities
Corporate Risk Reporting
- Support the management and monitoring of the Corporate Risk Profile (”CRP”) and Division Risk Profiles (”Risk Profiles”) and incorporate any relevant changes in order to reflect the latest status of the risk profile concerned for PMB Group of Companies on quarterly basis
- Coordinate, participate and prepare materials for Management Governance, Risk and Sustainability Committee (MGRSC), Board Governance, Risk and Sustainability Committee (BGRSC) and Board meetings to facilitate Top Management making informed decisions
- Build and maintain effective relationship with business functions to understand how risk management can add value to them and assist them accordingly including facilitating the reviews of Business Function Risk Registers and Risk Profiles
- Coordinate, monitor and follow-up with the respective Risk Coordinator (”RC”) on the progress of implementation of risk mitigation action plans of PMB Group of companies and individual departments, based on planned schedules to meet timeline set in the respective Risk Profiles
- Prepare and update framework, manuals & procedures, and guidelines related to Enterprise Risk Management (”ERM”) etc. to ensure they are updated
Project Risk
Collaborate with Project Owners / Project Leads, Project Management Team and other internal stakeholders in conducting project risk assessment to identify and analyze potential and existing risk that will impact the projectsCoordinate, monitor and follow-up with the respective Project Owners / Project Leads and Project Management Team on the progress of implementation of project risk mitigation action plans of respective projects based on planned schedules to meet timeline set in the respective Project Risk RegistersGuide and advise Risk Champions and Risk Owners (”RO”) on identification, assessment and measurement of key risks vis-à-vis their project objectives and review their risk assessment and Environmental, Social & Governance (ESG) considerations in Board Papers, management papers and project proposals to ensure the potential risks that threaten the company’s goals and objectives are prevented or mitigatedResilience
Coordinate the review, maintenance and testing of Emergency Response Plan (”ERP”), Crisis Management Plan (”CMP”) and Departmental Business Continuity Plans (”BCP”) including call trees, and work with the BCM Coordinator to ensure these ERP, CMP, crisis / BCM plans are reviewed and updated in accordance to current practice.Facilitate and support the execution of the ERP, CMP and BCP plans during crisis events to support Crisis Management Team (CMT) with critical components of the plan in order for them to make critical decisions.Work collaboratively with stakeholders of Emergency Response Team (ERT), Disaster Recovery (DR) and Cyber Emergency Response Team (CERT) team to ensure business resumption strategies, goals and initiatives are aligned.Arrange and coordinate CMT meetings and any other related post-mortem meetings including the preparation of presentation materials.Prepare Resilience reports, dashboard and analysis for Senior Management and the Board.Other Analysis
Develop, review and update framework, manuals and procedures and risk registers to ensure its compliance to the Quality Management System (QMS) and other International Organization of Standardization (ISO) requirementsPerform the scanning of internal and external factors to identify new emerging risks that might impact the company’s business objective including establishing a dashboard reporting for managementPerform analysis of the risks identified such as cyber incident statistics for insights to facilitate decision makingPlan and conduct operational and on-the-ground risk assessment to assist in mitigating operational risks e.g. maintenance, encroachment etc.Carry out any special assignment or ad-hoc duties assigned by the Head of Function to meet the department’s or company’s goals and objectivesRequirements
Degree in Business Administration / Finance, Insurance or Risk Management or any related discipline.Candidate with a Certificate in Risk Management will have an added advantage.At least five (5) years of working experience in related field#J-18808-Ljbffr