Meenakshi Energy - Risk Management

Job Purpose:

The Risk Manager is responsible for

- Planning, designing and implementing an overall risk management process for the organization

- Risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business

Key Responsibilities:

- planning, designing and implementing an overall risk management process for the organization;

- risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business;

- risk evaluation, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization's previous handling of risks;

- establishing and quantifying the organization's 'risk appetite', i.e. the level of risk they are prepared to accept;

- risk reporting in an appropriate way for different audiences, for example, to the board of directors so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks;

- corporate governance involving external risk reporting to stakeholders;

- carrying out processes such as purchasing insurance, implementing health and safety measures and making business continuity plans to limit risks and prepare for if things go wrong;

- conducting audits of policy and compliance to standards, including liaison with internal and external auditors;

- Providing support, education and training to staff to build risk awareness within the organization.

- Risk Appetite, Metrics & Governance

- Valuation of Risks. Modeling & Analytics. Captives & ARF

- Residual Risk evaluation using KRIs

- ISMS (ISO 27001) ;BCP (ISO 22301) implementations

- International Corporate Credit Rating

- Integrating Risk into Strategy

- Stakeholder representations (Underwriters,Rating Agencies)

- Dealing with Structured/Unstructured information

- Business Finance (FP&A, Budgeting, Capex)

- Controllership & SOX environments

- USGAAP & IFRS accounting environments

- Activity Based Cost Management

- Facilitate Business Level Compliance

Job Zone:

Experience:

- Minimum 10 to 15 years of exposure in Risk Management in the Power sector