Deputy Manager Risk & Controls

Description

Performance Indicators

Work with the Manager to develop and maintain risk management policies and procedures that align with Engro Corporation's business strategy and objectives, comply with regulatory requirements in Pakistan, and meet the company's internal policies and standards.

• Timely development and maintenance of risk management policies and procedures that align with Engro Corporation's business strategy and objectives.
• Compliance with regulatory requirements in Pakistan.
• Internal policies and standards are met.

Ensure that the ERM framework is standardized across all subsidiaries and business units of Engro Corporation. Develop and implement a common risk management methodology and tools to ensure consistency in risk management standards.

• Successful development and implementation of a common risk management methodology and tools to ensure consistency in risk management standards across all subsidiaries and business units of Engro Corporation.
• Consistency in the application of ERM framework across all subsidiaries and business units of Engro Corporation.

Safeguard the Internal Control Framework to ensure compliance with applicable laws and regulations in Pakistan and protect Engro Corporation's assets. Regularly review and update the internal control framework, and ensure appropriate controls are in place to mitigate risks.

• The internal control framework is safeguarded to ensure compliance with applicable laws and regulations in Pakistan and protect Engro Corporation's assets.
• Regular review and update of the internal control framework.
• Appropriate controls are in place to mitigate risks.

Assist in developing a methodology for establishing and maintaining risk appetite that aligns with Engro Corporation's business strategy and objectives. This involves collaborating with senior management and other stakeholders to identify and assess risks and establish risk tolerance levels.

• Successful collaboration with senior management and other stakeholders to identify and assess risks and establish risk tolerance levels.
• A methodology for establishing and maintaining risk appetite that aligns with Engro Corporation's business strategy and objectives is developed.

Provide oversight of risk assessments on operational and IT processes, and ensure that risk mitigation plans are in place and effective. Collaborate with business units and subsidiaries to identify and assess risks, and develop risk mitigation plans to reduce the likelihood and impact of identified risks.

• Successful oversight of risk assessments on operational and IT processes.
• Successful collaboration with business units and subsidiaries to identify and assess risks, and develop risk mitigation plans to reduce the likelihood and impact of identified risks.
• Effective risk mitigation plans are in place.

Manage a consolidated group-wide risk register to provide visibility and transparency on key risks and control issues across the company. Report on progress on risk mitigation plans to senior management and the Board of Directors.

• Successful management of a consolidated group-wide risk register to provide visibility and transparency on key risks and control issues across the company.
• Timely reporting on progress on risk mitigation plans to senior management and the Board of Directors.

Provide guidance and support to R&C resources working in subsidiaries across multiple countries. Ensure that these resources are trained and equipped to implement risk management policies and procedures effectively.

• Successful guidance and support provided to R&C resources working in subsidiaries across multiple countries.
• Effective training and equipping of R&C resources to implement risk management policies and procedures.

Collaborate with R&C resources in subsidiaries to obtain a companywide overview of risks and internal control. Identify and assess risks, and share best practices and lessons learned across the company.

• Successful collaboration with R&C resources in subsidiaries to obtain a company-wide overview of risks and internal control.
• Identification and assessment of risks, and sharing of best practices and lessons learned across the company.

Develop training programs and materials, and facilitate knowledge sharing and collaboration across the company to ensure standardization and promote learning.

• Successful development of training programs and materials.
• Effective knowledge sharing and collaboration across the company to ensure standardization and promote learning.