Enterprise Risk Management Consultant

The position of Enterprise Risk Management Consultant involves the following business objectives:

• Identifying risks through conducting thorough assessments to identify potential risks across the organization.
• Developing risk mitigation strategies, creating and implementing plans to mitigate identified risks effectively.
• Enhancing risk awareness: fostering a culture of risk awareness and proactive management within the organization.
• Establishing comprehensive risk management frameworks tailored to the organization’s needs.
• Using risk analysis to support informed decision-making processes.
• Ensuring adherence to regulatory requirements and industry standards.
• Developing systems for ongoing risk monitoring and regular reporting to stakeholders.
• Providing training and resources to staff and clients on risk management practices and protocols.
• Enhancing the organization’s ability to respond to and recover from potential risk events.
• Aligning risk with strategy, integrating risk management into the overall business strategy to support long-term goals.

KEY RESPONSIBILITIES:

• Designs, develops, and implements the Project’s and clients’ enterprise risk management and strategic project risk management initiatives collaborating with internal and external stakeholders. 
• Reviews and reports on risk exposure, trends, emerging risks and opportunities, mitigation strategies, and outcomes.
• Provides recommendations to strengthen and continuously improve processes to minimize risk exposure and enhance strategic planning.
• Leads the preparation of materials for presentation to the Executive team and the Advisory Board.
• Works with identified internal clients to conduct ongoing reviews and analysis of strategic and functional risks to identify trends, minimize and mitigate enterprise risks, and support the reduction of risk exposure.  
• Works with internal clients to develop risk mitigation mechanisms, plans, and measurement vehicles (including predictive indicators) to monitor and control risk exposure, likelihood, frequency and impact.
• Provides oversight and governance to ensure enterprise risk action plans are in place, communicated and understood by internal and external stakeholders, and are tested, measured and monitored. 
• Develops key strategic relationships internally to understand the Project’s business elements and their requirements and strategic alignment, so that the ERM program can best integrate into the Project’s risk management practices and help them achieve their strategic goals while considering a holistic enterprise risk-based strategic view.
• Facilitates/conducts information gathering, analysis, quarterly, annual, and other enterprise risk assessment workshops and meetings with senior leaders and assigned clients to execute functional requirements and to provide results/recommendations for the alignment and integration of the enterprise risk management program into the operations and business planning.
• Develops tools to enhance the effectiveness of enterprise risk management processes.
• Organizes effective means of measuring the status and trends of enterprise risks and reporting upon the same.
• Undertakes research and analysis of emerging risks in the broader industry that may impact the Project’s processes and deliverables.
• Provides support to strategic initiatives in designing, and implementing a tailored project risk management approach, measuring their risk exposure and their ability to drive and capture opportunities consistent with the ERM program.
• Assists in strategic planning and situational analysis, and supports the preparation of presentations and materials, and follow-up actions/initiatives supporting the Executive Team and the Advisory Board meetings and organizational priorities and goals.
• Other duties as assigned by the Project Manager.
  

MINIMUM REQUIREMENTS:

• Undergraduate degree in Business Administration, Engineering, Accounting, Finance, Commerce, or a related field.
• Five (5) or more years of experience in planning and executing financial, operational or IT-related audits, or enterprise risk management.
• Excellent portfolio of successfully implemented risk identification and management initiatives.
• A Risk Management Certificate from an accredited institution.  
• Strong understanding and practical experience of risk management best practices and standards such as COSO ERM 2017, ISO 31000:2018 Risk Management Guidelines, etc.
• Proficient in risk management software and Microsoft Office Suite.
• Knowledge of sustainability risk concepts.
• Experience leading multidisciplinary teams in a collaborative environment.
• Able to work independently and exercise strong stakeholder engagement and project management skills.
• Strong problem-solving, decision-making and analytical skills including modelling and financial costs and benefits.
• Strong organizational and time management skills, with the ability to multi-task and meet deadlines.
• Strong strategic business focus and commitment to partnering with staff and management to enable them to meet their objectives.
• Demonstrates a strong strategic business focus and commitment to partnering with Project stakeholders to enable them to meet their objectives.
• Superior verbal and written communication skills (both oral and written); ability to effectively communicate ideas and influence change with internal stakeholders at all levels of the organization.
• Full professional proficiency in English.