Available Opportunities
VAC6424 - Director, Enterprise Risk Management (ERM)
Field: Board Contract Type: Full Time - Permanent
Location: Kuwait - Kuwait City Closing date: 28-Feb-2017
The Company::

Ooredoo is an organisation on the move. Thanks to our dedicated employees, we continue to move closer towards our vision to be among the top 20 telecommunications companies in the world by 2020.

We are a dynamic global telecommunications player operating in 17 countries across the Middle East, North Africa (MENA) and Asia. We cover a population of more than half a billion people and serve more than 68 million customers.

In Kuwait, we employ approximately 1,000 talented people, all of whom are driving Ooredoo to be the number one choice for world-class communications services in Kuwait. In the face of intensifying competition, increasingly sophisticated technology and rising customer expectations, nothing is more important to our success than our team – and it's a team that you can be part of.

Ooredoo's future is bright, and you can be part of our ongoing success.

The Role::

To  develop  and  execute  an  effective  and  robust strategy  for  enterprise  risk  management  in  OK.  In addition to put in place risk awareness, identification and  resolution  processes  across  all  parts  of  the organization which will ensure risk is mitigated in all parts  of  the  business  limiting  revenue  losses  and maximizing returns, with strong emphasis on educating and  implementing  systems  which  will  continually strengthen   and   improve ERM awareness  and successes.

Key Activities:
  • Development and implementation of company level ERM strategy and Road Maps and ensuring they are effectively executed. Including leading and supporting the initiative to increase the level of Risk Management Maturity level in accordance with approved Board and Group guidance.

  • Leading the introduction of risk management model in all areas of the business and support the business to implement effective risk registers that will enable the development and maintenance of a company-wide risk register.

  • Leading the and ensuring the integration of risk management into the business processes to assist in the risk management decision making based upon identified key risks, both specific and general.
  • Work closely with the management to identify, prioritize, analyze, treat, monitor, validate and address strategic, financial, compliance and operational risk across all facets of the business.
  • Leading enterprise risk management practices within the company.
  • Leading the development and dissemination of communications across the organization to promote and build a proactive approach to risk identification and mitigation.
  • Providing executive information on program status of ERM initiatives.
  • Overseeing the preparation of ERM reports for board and audit committee.
  • Interact regularly with Internal Audit to manage and mitigate exposure to risk
  • Benchmark Risk Management practices, providing strategies for improvements where needed
  • Ensure the compliance of OK activities with the approved Group ERM framework
  • Leading, managing, coaching and developing own teams to ensure the highest level of performance across the function. 
  • Participate in global telecommunication forums and risk management educational programs to stay abreast of emerging issues affecting the telecommunication industry.
  • Lead the implementation of ERM best practice.
  • Prepare and manage the ERM budget

 

 

Qualifications:
    • At least 12 years’ experience in the telecommunications industry out of which at least 10 years directly related to Enterprise Risk Management.
    • Proven demonstrable experience in developing ERM strategies and leading their.
    • Significant knowledge of Risk Management models and their implementation.
    • Knowledge  of  telecommunication  risks  in  different counties especially in Asia and the Middle East.
    • Bachelor Degree  business/accounting/finance/risk management  or  economics  related  discipline,  or Computer Science /Operational Management.

    • Professional  qualifications  in  risk  management, would be an advantage.

    • Master’s Degree in business management/accounting/finance/risk management or economics related disciplined would be recommended.

Other Information:
  • Development of ERM strategies, road maps and Risk Appetite.
  • Risk Identification and prioritization
  • Quantitative and Qualitative Risk Analysis
  • Treatment options and Risk Monitoring
  • Establishment of Risk Registers and ERM Management tools.
  • Strong interpersonal and communication skills and the ability to work effectively with a wide range of cultures in a diverse community.
  • Strong leadership and interpersonal skills, including ability to foster a cooperative work environment.
  • Ability to make effective and persuasive speeches and presentations to boards and senior management
Note: you will be required to attach the following:
1. Resume / cv
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