Enterprise Risk Management Specialist

The job holder is responsible for supporting the development, implementation, and maintenance of WTCO s enterprise risk management framework. Involves conducting detailed risk analyses, contributing to risk mitigation strategies, and working closely with internal and external stakeholders to ensure the organization s risk management objectives are achieved.

Key Roles and Responsibilities

• Ensure work is performed based on approved policies, processes, procedures, and instructions.
• Identify opportunities for continuous improvement of systems, practices, cost optimization, and productivity & efficiency improvement.
• Ensure compliance with all applicable laws, rules, regulations, and standards within WTCO and related functions such as but not limited to (HC, HSSE, Risk, Cybersecurity, etc..).
• Escalate problems to ensure case/issue is closed efficiently and in a timely manner.
• Assist in implementing the ERM framework, ensuring all processes and policies are aligned with the organization s strategic and operational goals.
• Perform comprehensive risk identification and assessment activities, collaborating with various business units to evaluate potential threats and develop mitigation strategies.
• Maintain and update the corporate risk register, ensuring it accurately reflects the current risk landscape and includes actionable mitigation plans.
• Guide the continuous improvement of insurance coverage frameworks by assessing emerging risks, market practices, and organizational needs.

Key Roles and Responsibilities 2

• Research emerging risks and trends, providing insights to enhance WTCO s preparedness and risk resilience.
• Monitor and review risk performance indicators to measure risk contribution to ensure the cost-effectiveness of existing controls and introduce improvements.
• Track key risk indicators (KRIs) and ensure appropriate measures are in place to address any deviations or adverse trends.
• Prepare detailed risk management reports, highlighting key findings, risk trends, and mitigation recommendations for leadership review.
• Collaborate with stakeholders across business units to ensure alignment in risk management practices and provide technical support on risk-related issues.
• Assist in delivering training programs and workshops to promote a culture of risk awareness across the organization.

Key Roles and Responsibilities 3