Main characteristics
- Location
- Redcar, North Yorkshire
- Company
- Imperial Recruitment Group
- Employment type
- Contract
- Category
- Management
Job summary
Operational Risk & Control ManagerReporting to the Head of Risk
Location: Wilton, Redcar & Cleveland
Salary: The salary banding is negotiable based on experience. Also, the company offers a market-leading benefits package and annual bonus.
Type: Fixed-term contract ASAP till January 2025
Hours: Monday Friday
About Sembcorp Energy UK
Sembcorp Energy UK (SEUK), a wholly-owned subsidiary of Sembcorp Industries, is a leading provider of sustainable solutions supporting the UKs transition to Net Zero. With an energy generation and battery storage portfolio of over 1.3GW in operation or under development, our expertise helps major energy users and suppliers improve their efficiency, profitability, and sustainability, while supporting the growth of renewables and strengthening the UKs electricity system.
Our Wilton International site, within the Teesside Freeport, sits amongst a hub of decarbonisation innovation. At the site, we provide energy-intensive industrial businesses with combined heat and power (CHP) via our private wire network that supplies electricity generated by gas and biomass. These services are complemented by our fleet of fast-acting, decentralised power stations and battery energy storage sites situated throughout England and Wales. Monitored and controlled from our central operations facility in Solihull, these flexible assets deliver electricity to the national grid, help
Overview
Sembcorp must be able to demonstrate an adequate and effective control environment, as part of good corporate governance. SCUUK Risk team are accountable for the delivery, embedding and adherence to the Group Integrated Assurance Framework and the successful candidate will be core to this delivery, specifically; identification, assessment, management (controls), and reporting / communicating on Risk exposure and Control effectiveness for both existing and new business.
The principal responsibility of the Risk and Control Manager is to provide a risk management service to the SCUUK management and leadership team, providing assurance that risks are being identified, evaluated, and mitigated to acceptable levels. This includes management of the Risk and Control register, reporting on the effectiveness of controls across all SCUUK functional areas, Management of Group Auditing activity (pre-, during, and post) including remediation, and UK and Group reporting. Stakeholder management, influencing, and engagement up to and including the director-level.
Responsibilities
* Drive Risk management and Control performance through detailed work that will involve development of risk & control registers working closely with functional business units; reviewing and assessing the adequacy and effectiveness of controls and development of Key Risk Indicators (KRIs). Develop trend analysis of past risk issues to prevent re-occurrence and implementing forward looking KRIs as preventative measures
* Support quarterly IAF (Integrated Assurance Framework) Control performance reporting to Group (quarterly and annually), including Sustainability Risk.
* People management / succession
1. you will be responsible for the training and ongoing performance management and development of a Junior Risk Manager to support the business and succession planning.
2. Build and lead a capable team, including direct and indirect reports. Management and development of the team, identifying training needs and development/ succession plans to ensure a capable talent pipeline.
* Operational Management of SCUUK Annual strategic GIA Audit
1. Planning and preparation of SCCUK teams for Audit activity
2. Management of the site-wide audit (Group and SCUUK)
3. Review of all findings for accuracy and reasonableness, Advocate and challenge on behalf of Business units to ensure the fairest outcome (delegated to Risk)
4. Delivering tough messages internally on control effectiveness, but also educating on growth development and areas
* Deputising for the Head of Risk on Operational Risk matters
* Communicating SCUUK IAF principles to external parties (Auditors, brokers, Risk assessors).
* Drive and strive for better; provide guidance, challenge, support, and direction to the UK business on effectively managing their `risks and demonstrating that the appropriate control environment is in place,
* Is a business partner with core SCUUK management to provide advice and guidance on risk identification and control creation, processes and systems in support of their accountability for risk management ensuring risks are managed within the group risk appetite,
* Challenge as appropriate the adequacy and completion of the results generated across the control environment, driving recommendations for improvement and obtaining management agreement to their implementation,
* Ensure that Risk and Control performance reporting (to SLC and Management) is clear, timely and effective, with breaches to KPI highlighted,
* Oversight and governance of the master Risk and Control register, and sub-departmental registers. Ensure allocation of management responsibility covering Budget (12 months), CapAd (12-36 months) and Strategic (long-term) risks,
* To develop and manage processes to ensure that the risk register is kept up to date with changing circumstances and as new risks are identified to ensure that the risk register reflects the current situation,
* Support /present Risk updates at the UK SLC meetings, monthly management meetings (business) and monthly Risk Review Forum,
* Support assessment of controls and mitigation actions including executing a proportionate test programme for the control environment as part of the MCA,
* Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required,
* Enhance UK business-wide risk awareness and ownership of risks through planned communication and education programmes, and
* To identify training needs for risk management and oversee improvement in risk competence and awareness across SCUUK.
Requirements
Essential
* A professional qualification in Risk Management e.g. diploma in Enterprise Risk Management or Certified Member of the Risk Management Institute or equivalent (or a willingness to work towards one of these qualifications).
* Knowledge and experience of Microsoft Office in particular PowerPoint, Excel and Word.
* Ability to provide thought leadership to UK business regarding operational risk matters, and can deploy a range of styles to influence, negotiate and guide with gravitas to a broad range of stakeholders, translating complex issues into easily understood information.
* Ability to influence up to board level.
Desirable
* Experience of risk management in energy / industrial environments.
* Good understanding of the insurance and risk financing markets.
* Previous experience of designing and implementing risk management solutions and processes.
For more information on this opportunity please contact our retained recruitment partners Imperial Recruitment Group