Associate Manager - Risk and Resilience

About Emirates Global Aluminium

Emirates Global Aluminium is the world’s biggest ‘premium aluminium’ producer and the largest industrial company in the United Arab Emirates outside the oil and gas industry.  EGA is an integrated aluminium producer, with operations on four continents from bauxite mining to the production of cast primary aluminium and recycling. EGA employs over 7,000 of these people including more than 1,200 UAE Nationals. EGA operates aluminium smelters in Jebel Ali and Al Taweelah in the United Arab Emirates, an alumina refinery in Al Taweelah, a bauxite mine and associated export facilities in the Republic of Guinea, a speciality foundry in high strength recycled aluminium in Germany, and a recycling plant in the United States.

2.    JOB PURPOSE:
Supports the Manager – Risk & Resilience in ERM with the implementation and application of a comprehensive and effective enterprise-wide integrated risk management framework which ensures that all risks (including financial, market, operational, strategic and EH+S) are identified and effectively managed within the defined shareholders risk appetite and governance framework.
Accountability for the ongoing effectiveness of the group enterprise-wide risk management programme encompassing EGA, DUBAL, EMAL, ATA, GAC and all overseas offices.

3.    KEY ACCOUNTABILITIES:
Enterprise Risk Management (ERM)
    Supports and advises risk owners and risk champions in identifying critical business risks and developing appropriate risk mitigation strategies
    Supports EGA business units to identify, establish, maintain and continuously improve risk management capabilities in line with department strategy
    Facilitates enterprise-wide risk assessments by supporting the implementation of Risk Assessment workshops and monitors the prioritisation of risks within the organisation
    Facilitates the identification and assessment of risk treatment options, and supports the development and monitoring of risk treatment plans
    Implements and recommends improvements to risk-assessment models or methodologies
    CAPEX and STRATEX Risk assessments - Support the Capital Projects on project risk evaluations on projects valued > $5M and High Risks for projects valued between $500,000 and $5M
    Quarterly review of all the risks in the Corporate & Projects business units and advice BU of any significant changes that impacts the risk rating 
    Input into Quarterly individual Area Owners Meetings to reviewing area risks and main concerns 
    Mentoring and Training of Graduate Trainees and/or new recruits to the department
ERM Systems
    Maintains appropriate internal risk reporting to support the ERM framework  
    Monitors the progress of implementation of risk mitigation plans and prepare reports on the effectiveness of these plans
    Provides support to update and maintain the GRC platform.
    Provides training to the Risk Champions and Deputy Risk Champions of the business units
    Provides technical support to the Manager in drafting, implementing, maintaining and reviewing the department policy and procedures
    Participates in internal/external audits of the department by providing support in demonstrating compliance to the applicable standards
    Supports Financial Risk Analyst in the quantitative risk assessment of the identified risks using appropriate quantitative , semi-quantitative and statistical methods

4.    AUTHORITY/ DECISION MAKING:
Guidelines: 
    Thinking within clearly defined policies, standards and specific objectives

Decision Making:
    Direction of work is subject to practices and procedures, output is managed

5.    QUALIFICATIONS & SKILLS:
 
Qualifications:
    Undergraduate degree in Finance/Accounting/Engineering from a recognised university. Post graduate qualifications in management or/and professional qualifications in Projects or Risk Management is essential.  
Experience:
    Minimum consecutive 5 Years in an ERM role or similar function
Skills:
    Sound understanding of ERM principles and philosophy
    Operational Risk Management, corporate finance and financial risk management
    Working knowledge of risk appetite, tolerance, thresholds and limits concepts, risk governance principals, quantitative risk modelling
    Communication skills – written and verbal
    Accuracy in calculations
    Attention to details
    Able to work to tight deadlines
    Strong customer focused and team oriented
    Proficiency in MS Excel & MS Office