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Summary:
Assistant Manager - ERM is responsible for supporting stake holders in implementing the risk management framework across the Group entities. The main objective of this role is to identify operational, strategic, business and enterprise-level risks for Group entities and ensure that appropriate controls are in place. He/she is responsible to ensure that the risk reviews scheduled in the operational plan are done and that the complete details are updated in the risk registers and risk score card. He/she will assist in managing communications related to risk management matters with stakeholders.
Job Responsibility:
Overall strategic
Assist in executing the operational plan for Enterprise Risk Management for Group
Identify and analyze Enterprise-level risks for various businesses of the Group and propose controls along with treatment plans to manage the risks.
Assist in assuring and controlling the quality and updation of the Risk Management Framework and policy;
Operational
Identify and review risks in the assigned business / departments to prepare risk register for each function / department by undertaking discussions with Process/ risk owners.
Analyze risks with respect to the likelihood and impact assessment matrices.
Design and recommend risk mitigation plans to reduce risk, including business continuity and contingency plans.
Engage risk owners in risk treatment discussions to build consensus around immediate actions to meet objectives and deliver value.
Review risk treatment plans to ensure their effectiveness and completeness of their details, which include the actions' description, action owners, planned completion dates and method of measuring progress;
Continuously track risks, key risk indicators (KRIs), and report findings and performance to senior management and stakeholders.
Identify room for improvement in the Risk Management Framework and policy with reference to lessons learned, industry best practices and international standards;
Monitor and update department-wise risk register based on agreed frequency;
Educate employees and management on risk awareness and procedures.
Candidate Requirements:
Minimum of a Bachelor's degree in the relevant field is required e.g. Risk Management
Qualification such as CA, CPA, ACCA, CMA
Certification in Risk Management is preferred
SAP ERP knowledge / working experience is preferred
Minimum work experience of 3-4 years in Risk Management or related field with a large size organization.
Key Skills:
Strong analytical, problem-solving, and decision-making skills.
Excellent communication and presentation skills.
Understanding of relevant laws, regulations, and industry standards
The Easa Saleh Al Gurg Group (ESAG) is one of the UAE’s eminent family businesses, comprising over 30 companies. Since 1960, ESAG has partnered with leading brands, providing expertise across a diverse range of industries and consumer sectors. Starting as an exclusive trading partner for iconic brands such as Grundig and Siemens, today, ESAG is a multifaceted conglomerate offering expertise in retail, building materials, industrial, real estate and the service sector. With engineering and manufacturing expertise we provide technical consultancy and project management across construction, oil & gas, power and other infrastructure industries. Through strategic acquisitions and organic growth, the Group focuses on continual expansion in new markets. ESAG’s strengths lie in value-added products and services, fostering successful business relationships with partners and customers. The Group partners with over 370 global brands including Osram, Dunlop, Armitage Shanks, SieMatic, Delta, Trespa, Lutron, Danfoss, Smeg and 3M among others. Key joint ventures include Unilever, Siemens, Akzo Nobel Decorative Paints and Fosroc. The Group continues to contribute to the UAE’s growth and prosperity through transformative projects. ESAG’s capabilities are showcased within several iconic UAE projects such as the Burj Khalifa, Dubai Opera, Yas Marina, Dubai Metro, the Expo2020 district, the Louvre and Sheikh Zayed Mosque.
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