Enterprise Risk Management Role - Infra/Auto/Retail

PURPOSE OF THE ROLE :

To lead and oversee the enterprise risk management function within our organization and develop, implement and manage a comprehensive enterprise risk management framework to identify, assess, and mitigate the organization's strategic, operational, financial, and compliance risks. Collaborate closely with senior management and business units to establish risk management best practices and ensure effective risk mitigation strategies are in place to support the organization's overall risk appetite and tolerance.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES OF THE ROLE :

1. Develop, enhance and implement an enterprise risk management framework that aligns with the organization's strategic objectives and risk appetite.

2. Establish and maintain comprehensive risk management policies, procedures, and guidelines to ensure compliance with regulatory requirements and best practices.

3. Conduct regular risk assessments and identify potential risks across all areas of the organization, including operational, financial, strategic, and compliance risks.

4. Work closely with senior management, business unit leaders, and key stakeholders to effectively communicate the significance of risks and provide guidance on risk mitigation strategies.

5. Monitor and evaluate the effectiveness of risk mitigation activities and control measures to ensure they are adequate and aligned with the organization's risk tolerance levels.

6. Develop and implement risk reporting mechanisms to provide timely and accurate information to senior management, board of directors, and relevant committees on the organization's risk profile and emerging risks.

KNOWLEDGE, EXPERIENCE, SKILLS AND ABILITIES :

Education Qualification - Chartered Accountant, Commerce Graduate

Technical & Professional Knowledge required

(What someone NEEDS TO KNOW)

Risk Management Internal Audit Statutory Audits Operational audits Compliance audits Information System Audit Management Audits Auditing Standards Internal Controls Statutory Compliance Compliance Governance Internal Audits process Internal Controls SAP / ERP.