Description

• The role holder is responsible for supporting the head of Risk Management & BCM in the delivery and execution of the to ensure that the organization’s insurance risk management policies and strategies are in alignment with the strategic goals of the organization and internal operational requirements.
• All three elements are critical and assist in providing assurance to DHAM that its investment mandates will be met and assets appropriately safeguarded.
• Ensure appropriate insurance cover exists across DHAM by liaising with the designated broker to ensure, where relevant, policies are in place for all DHAM’s activities and associated risks.
• Collaborate with DHAM relevant departments on insurance claims and needs for the company.
• Prepare regular, formal, and ad-hoc reports on the risk program to provide timely and accurate information to senior management (which highlights significant risk and contributes to a risk-intelligent decision-making process.
• Drive continuous improvement in the development of an organization-wide risk management culture through the creation of effective governance, communication, change management and controls development.
• Conduct risk assessment workshops, in conjunction with Business Units and Corporate Departments in order to identify and mitigate risk. Support in integrating this process into local management operations.
• Develop and implement BCM training plans across the business and develop and implement mitigation strategies where any risk areas are identified.
• Maintain and update BCM Business Impact Analyses and the wider Business Continuity Management framework, including Threat Risk Assessments and Business Continuity Plans.
• Maintain and update Corporate and Business Unit risk registers to ensure risks are appropriately documented and mitigated. Work closely with senior management to ensure agreement and timely sign-off of mitigations.
• Develop and implement a business continuity plan testing strategy. Manage the execution of the plan on an annual basis to ensure robust business response to BCM-events.
• Provide risk-based training to management colleagues to ensure both its promotion and integration across the company and the creation of a risk-intelligent decision-making culture.
• Manage insurance claims to ensure they are tracked, communicated, and escalated, as needed.
• Develop and maintain core enterprise risk management tools and measurement methodologies for risk monitoring that align with best practices.
• Ensure that all DHAM requirements are addressed in a timely manner by the broker and that all broker and market requests are dealt with efficiently, including the annual insurance renewal process.
• Manage DHAM’s annual insurance budgeting and insurance policy renewal process, including invoicing and premium payments. Act as the focal point for liaison with the insurance broker.
• Support in driving the design and development of a comprehensive risk management and business continuity strategy and framework that mitigates market, counter-party and operational risks across all functions.
• Ensure insurance needs, strategy and risk and loss control measures through insurance portfolio reviews, understanding of business operations and changes and periodic review of third-party contractual insurance.
• Together with the line manager, develop enterprise risk management policies, procedures, processes and templates for risk identification, assessment, and evaluation to ensure a standardized response to risk issues, which are in line with the documented risk appetite and tolerance statements.
• Ensure the risk framework aligns with DHAM and provide day-to-day coordination necessary to facilitate the risk identification, assessment, risk ownership, mitigation, and support in monitoring DHAM’s enterprise risks which includes strategic, operational, financial and compliance risks.
• Assist in achieving external certifications in both Enterprise Risk Management (ISO31000) and Business Continuity Management (ISO23001).

Requirements

• Bachelor’s Degree in Finance/ Accounting, Risk Management, or related field preferred.
• A broad operational perspective and a proven ability to develop practical solutions to complex business risk issues are also required.
• Minimum 3-4years professional risk management and insurance experience within a corporate environment
• Proven track record of development and implementation of corporate risk management frameworks.
• The ideal candidate will possess excellent written and verbal communication and presentation skills, with strong facilitation and influencing capabilities.
• Professional risk management qualification from recognized certification body preferred e.g., Institute of Risk Management (IRM).
• Strong analytical and judgment abilities are essential, supported by expert knowledge of current risk management techniques, frameworks, and methodologies.
• Expert level in assessment and mitigation of market, strategic, financial, operational and governance risk.
• MBA in Business Management preferred.
• Must have exceptional interpersonal skills and the ability to identify and prioritize key issues while building consensus across stakeholders.

Benefits

At Dubai Holding, we're committed to nurturing the success and well - being of our colleagues. Join our dynamic and diverse team and enjoy a comprehensive benefit package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.

Training + Development

Interview process

Visa Sponsorship

Security clearance