Group Head of Risk

Position Overview

Role Summary:

As the leader of the Group's Enterprise Risk Management (ERM) function, you will oversee risk governance, strategic oversight, and adherence to risk management standards across the organization and its subsidiaries. This position collaborates closely with the Board, senior executives, and business leaders to cultivate a robust risk culture, bolster organizational resilience, and facilitate sustainable business growth through proactive risk management and informed decision-making.

Your day-to-day responsibilities will include:

• Steering the Group Enterprise Risk Management Framework across various business units and subsidiaries, ensuring effective identification, assessment, monitoring, and reporting of strategic, operational, financial, technology, and compliance risks.
• Delivering independent risk insights and quarterly reporting to the Board of Directors, Risk Management Steering Committee, and senior leadership to assist in governance oversight and strategic decision-making.
• Creating and maintaining the Group Risk Appetite Statement, risk appetite thresholds, impact assessment methodologies, and Key Risk Indicators (KRIs).
• Facilitating enterprise-wide risk assessments, workshops, and divisional risk profiling activities to enhance risk ownership and escalation processes.
• Supervising the identification, assessment, and monitoring of emerging risks, including those related to cybersecurity, artificial intelligence, ESG/sustainability, geopolitical factors, and regulatory changes.
• Collaborating with Internal Audit, Compliance, Legal, and external assurance providers to advance an integrated Three Lines of Defence model.
• Tracking risk treatment plans and ensuring timely mitigation of significant enterprise risks.
• Continuously improving risk governance practices, reporting frameworks, and risk management tools.
• Fostering a strong risk-aware culture through stakeholder engagement, communication, training, and capability-building initiatives across the organization.
• Leading and developing the risk management team, promoting high performance, professional growth, and effective collaboration with stakeholders.

Qualifications required for consideration:

• Education: A Bachelor's degree in Accounting, Finance, Risk Management, Business Administration, or a related field.
• Experience:
• At least 15 years of progressive experience in Enterprise Risk Management, Internal Audit, Governance, Compliance, or related assurance functions, including leadership roles within large and complex organizations.
• Experience in the telecommunications sector is advantageous, though not mandatory.
• Demonstrated experience engaging with Boards of Directors, Risk and Audit Committees, and senior management concerning risk and governance issues.
• Proven track record in developing risk appetite frameworks, risk registers, KRIs, impact assessment methodologies, and governance reporting.
• Ability to influence stakeholders, facilitate risk discussions, and simplify complex risk concepts into actionable business solutions.
• Skills:
• Comprehensive knowledge of Enterprise Risk Management frameworks, including ISO 31000 and COSO.
• In-depth understanding of corporate governance, regulatory compliance, internal controls, and assurance practices.
• Exceptional analytical, communication, presentation, and leadership capabilities.
• Professional certifications such as ACCA, CIA, CRMA, CISA, ISO31000 Lead Risk Manager, or equivalent are highly preferred.