Available Opportunities
VAC8414 - Manager, Enterprise Risk Management ( ERM)
Field: Corporate Contract Type: Full Time - Permanent
Location: Kuwait - Kuwait City Closing date: 31-Oct-2021
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. 
  • support the business to implement effective risk registers that will enable the development and maintenance of a company-wide risk register 
  • 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, analyse, treat, monitor, validate and address strategic, financial, compliance and operational risk across all facets of the business.      
  • Participate in development and dissemination of communications across the organization to promote and build a proactive approach to risk identification and mitigation.  
  • Providing information on program status of ERM initiatives. 
  • Benchmark Risk Management practices, providing strategies for improvements where needed. 
  • Ensure the compliance of OK activities with the approved Group ERM framework.     
  • Ensure the implementation of ERM best practice. 
  • Participate in global telecommunication forums and risk management educational programs to stay abreast of emerging issues affecting the telecommunication industry.  Pursue professional development opportunities, including external and internal training and professional association memberships, and shares information gained with co-workers.
  • Proactively take responsibility for self improvement by staying well-informed of developments, knowledge and innovations in relevant field of expertise.
  • Other duties as directed by the Head of Risk Management.
  • Bachelor Degree business/accounting/finance/risk management or economics related discipline, or Computer Science /Operational Management.  
Other Information:
  • At least 5 years’ experience directly related to Enterprise Risk Management, preferably in the telecommunications industry. 
  • Proven demonstrable experience in developing ERM strategies and processes.
  • Significant knowledge of Risk Management models and their implementation. Professional qualifications in risk management, would be an advantage
  • 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, including ability to foster a cooperative work environment.
  • Ability to make effective and persuasive speeches and presentations to boards and senior management.
  • Ability to conduct risk awareness and risk analysis workshops. 
  • A complete understanding of ISO 3100 and COSO Frameworks. 
  • Mature ability to work collaboratively with management teams throughout the organization and to be seen as a valuable expert resource.
  • Business & Financial Acumen
  • Understand risk management model; adapt a model to the organization’s needs; understand how risk creates value.  Know the risk management process of creating a risk program, analysing risks, identifying solutions, using a decision process, and system administration.
  • Link risk initiatives into critical business drivers; perform risk identification, measurement, and analysis applying statistical concepts; create valid risk forecasts; perform risk mapping and risk profiling; determine the cost of risk.
  • The ability to apply risk control theories to create prevention, reduction, enablement, and enhancement tactics; can create emergency response and business continuity plans.
  • Understand the techniques, frameworks and processes for optimizing risk taking decisions within the organization.
  • Understand how to successfully design and implement projects; can prepare risk management report.
  • Implement and operate comprehensive risk management systems
Note: you will be required to attach the following:
1. Resume / cv