Operational Risk Associate

2 weeks ago

Redcar, United Kingdom Imperial Professionals Full time

**Operational Risk Associate**

**Reporting to the Risk and Control Manager**

**Based in**: Teesside (Middlesbrough)

**Salary**: Negotiable - Whilst all salaries are graded, Sembcorp are keen to attract, retain and develop the highest calibre of colleague.

**Type**:Permanent

**Hours**:Full Time

**Reporting to**: Risk and Control Manager

**Position overview**:
The Operational Risk team are responsible for the management of the Integrated Assurance Framework (IAF), which is the control framework used globally to monitor Risk and report on control performance.

As an Operational Risk Associate your focus will be on providing a variety of control support, and analytical functions across several operational risk responsibilities including governance, reporting, Business Continuity, and Insurance Risk. You will be required to work collaboratively with and provide an excellent service to both internal and external business partners.

The role will provide an opportunity for a talented and motivated individual to develop their knowledge and experience in the of UK energy industry and its associated products and markets.

**Key responsibilities**:

- You will be expected to demonstrate the appropriate behaviours and commitment towards health and safety to ensure we maintain our first-class safety culture.
- Demonstrate professional scepticism, think laterally and creatively to overcome obstacles and problem solve, and have a good awareness of how risks and issues can impact differently across multiple functions.
- 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 to key SCUUK stakeholders.
- Support regular Control performance reporting to Group (quarterly and annually),
- Provide guidance, support, and direction to the UK business on effectively managing their 'risks and demonstrating that the appropriate control environment is in place.
- 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 assessment of controls and mitigation actions including executing a proportionate test programme for the control environment as part of the Management Control Assessment (MCA).
- 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,
- Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
- Prepare and maintain internal risk process documentation ensuring risk practices are aligned to relevant UK and Group standards.

**Requirements**:
**Essential**
- Understanding of Enterprise Risk Management with ability to support and advise on effective risk management.
- Awareness of external and internal risk factors to energy industry.
- Collaborative team player able to work across disciplines ensuring collective accountability and individual responsibility.
- Persistent, resilient, creative problem solving.
- Confident communicator able to liaise with managers, team members and other departments.
- Ability to work on own initiative, multitasking and reprioritising to manage conflicting priorities.
- Operates with integrity.
- Proficient in Microsoft (Excel, Word, and PowerPoint).
- Degree or equivalent industry qualification (STEM preferred).

**Desirable**
- Working toward or gained a professional accreditation in Risk Management.
- Experience in Risk Management in similar industry/sector.
- Full UK driving licence.

For more information on this opportunity please contact our retained recruitment partner Beth Forshaw at Imperial Recruitment Group.

**Job Types**: Full-time, Permanent

**Benefits**:

- Cycle to work scheme
- Flexitime
- On-site parking

Schedule:

- Flexitime
- Monday to Friday

Supplemental pay types:

- Yearly bonus

Ability to commute/relocate:

- Redcar, North Yorkshire: reliably commute or plan to relocate before starting work (required)

**Education**:

- Bachelor's (preferred)

Work Location: One location

Flextime

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