Mandate 1 – Employees will come to the office twice or thrice a week at their base location and work remotely for the remaining days. Eg: Partner facing roles.
Skills requirement :-
- CA / IRM with 10+ years experience of setting up and/or running Enterprise risk
management function for a reasonable size FMCG/manufacturing company.
Alternatively at Mid management level in a large FMCG working directly withEnterprise Risk Leader.
- Strong knowledge of risk management methodologies, tools, compliance
frameworks, and internal control practices.
- Experience in a complex and multi-business organizational environment is
preferred.
- Excellent leadership, communication, and interpersonal skills to collaborate with
stakeholders at all levels.
- Ability to understand business, analyze complex issues, exercise sound judgment,
and provide practical solutions.
- Demonstrated experience in driving change and continuous improvement
initiatives.
- Operating and collaborating effectively with diverse teams across the org and
embracing the views of others to develop optimal solutions
- A working knowledge of information technology, particularly how systems and
applications integrate with business processes and operations.
Roles and responsibilities Overall :-
- Candidates will be responsible for effective implementation of risk management
frameworks and risk culture through ownership of policies, processes, thresholds
and controls that would enable prompt risk identification, accurate riskmeasurement and effective risk mitigation.
- Implementing an overall risk management process for the organization that
includes conducting and assisting in the identification, assessment, monitoring and
mitigation of risks throughout the group.
- Analyze and report risk profile and control performance, and benchmark processes
against regulatory requirements, Company standards and industry best practices to
develop and improve the Company risk management framework.
- Ensure the business manages all types of risk within agreed statements of risk
appetite. Embed the risk appetite statement and risk limits into their day-to-dayactivities so as to embed prudent risk taking into the Company's risk culture andday to day management of risk.
Risk register and KPIs
- Develop risk registers for all the material BUs based on the designed risk
management framework
- Operationalize the risk register into measurable business KPIs. Put in place
digitisation plans for tracking such measurable KPIs. Establish an early warning or
trigger system for breaches of the company's risk appetite or limits;
- Annual refresh of the risk registers across all business units. Monitors and analyzes
risks within the company's business units and reports action planning on these
risks to the management and Committees.
- Drive automation/ process efficiency in managing risk registers and monitoring
KPIs identified to help business understand early signals and take action
Leadership and management
- Set up a monthly/ quarterly review to identify new and emerging risks with the key
business leaders and create an effective review cadence.
- Liaise with leadership and senior managers to identify risks in their business areas,
and agree the controls required to mitigate each risk.
- Be part of key business reviews and understand overall business risk landscape
- Prepare & analyze various reports / Deck for the various committees, top
management and other stakeholders.
Board and Risk Management Committee
- Preparation of all agenda items for Risk Management Committee.
- Develop qualitative and quantitative risk reporting dashboards for Board Risk
Management Committee to support effective decision making
Compliance
- Ensures the organization's risk management policies and strategies are in
compliance with applicable regulations, standards, and strategic imperatives of the
organization.
- Ensure compliance with company's policies and reviewing the effectiveness of
controls designed to address risks
- Review of amendments in policies and standard operating procedures (SOPs)/risk
control matrix related to Financial, Operational, Reputational, market and other risks
KRAs
- Drive Implementation of ERM policy, processes, and various risk initiatives within
the organization as required under SEBI LODR, Companies Act and other applicable
laws and regulations
- Support and Contribute to continuous improvement and maturity of the Enterprise
Risk Management (ERM) framework, policy, and processes.
- Identify risks and their mitigation for various functions/departments and liaison
with different stakeholders to facilitate resolving the issues/risks via updated risk
registers and reporting to the management and Board risk management committee
- Perform Risk assessments and periodically review risk policies, procedures across
business,frameworks to ensure risk register and overall risk management is upto
date
- Implement emerging risk management practice to ensure robust risk management
within the organization
