Senior Manager: ERM at Public Investment Corporation

Purpose of the role:

• To manage the ERM Risk function of the PIC including listed and unlisted investment

Requirements:

• Relevant post-graduate qualification in risk or auditing or business management
• 8 -10 years of risk management experience, of which three years must be at senior management with direct reports
• In-depth knowledge and understanding of internal controls and control functions.
• Knowledge and understanding of risk management frameworks.
• Knowledge and understanding of third-party risk management frameworks
• In-depth knowledge of financial instruments and markets.

Duties:

• The role involves the identification, assessment, responses and monitoring of enterprise risk management in the PIC
• Support the maintenance of an efficient and effective ERM Risk function.

• Enhance the ERM Risk function to meet the requirements of management, board and clients with respect of listed and unlisted investments.
• Adequately manage staff in the ERM Risk function ensuring that the expected benefits of the function are obtained.
• Reporting to and the translation of, relevant information emanating from the ERM Risk function.
• Development and maintenance of an effective enterprise risk management philosophy across investment and corporate functions.
• Provide independent risk assessment and reporting actions to provide a holistic PIC view of the risks to the organisation.
• Co-ordinate the risk analysis activities of the PIC Business units assigned in Corporate Functions, and identify appropriate responses to risks identified.
• Provide independent oversight and risk assessment of third-party risk management.
• Work with Compliance, Internal & External Audit functions and other Assurance Providers to direct their efforts towards reviewing controls that mitigate the identified risks across the organization
• Reporting to various PIC governance structures as and when required.