Risk Officer at Mshel Homes Ltd

About the Role

The Risk Officer is responsible for supporting the Group in identifying, assessing, mitigating, and monitoring potential risks that could impact operations, assets, and reputation. This role ensures the effective implementation of the Group's Enterprise Risk Management (ERM) framework and promotes a strong risk culture across all subsidiaries.

Key Responsibilities

Risk Identification and Assessment

• Identify and analyze potential operational, financial, legal, reputational, and strategic risks
• Maintain and update the Group's risk register and ensure continuous monitoring of key risk exposures
• Conduct regular risk assessments for projects, business units, and subsidiaries

Risk Monitoring and Reporting

• Track key risk indicators (KRIs) and generate monthly and quarterly risk reports
• Escalate significant risk incidents to Management for timely intervention
• Contribute to Board Risk Committee presentations and reporting templates

Policy and Framework Implementation

• Assist in the development and implementation of the Group's Enterprise Risk Management framework
• Review existing policies and recommend improvements to enhance risk control systems
• Ensure compliance with statutory and regulatory risk-related requirements

Risk Mitigation and Internal Controls

• Work with department heads to design and implement appropriate risk mitigation measures
• Conduct risk control testing and evaluate the effectiveness of mitigation actions
• Identify control weaknesses and recommend corrective measures

Compliance and Governance

• Support adherence to internal policies, ethical standards, and governance frameworks
• Collaborate with Internal Audit, Finance, and Legal teams to address audit findings and compliance gaps
• Ensure all subsidiaries operate within approved risk appetite and tolerance levels

Training and Risk Awareness

• Organize periodic training and risk awareness sessions across the Group