Risk Management Function- Support the Head of ERM in providing strategic direction, coordinating and driving a strong strategic approach to risk management by ensuring the alignment between the risk objectives and the business strategies of the Group.
- Promote and instill a risk-centric culture across the Group by embedding risk management as part of the organization’s decision-making process.
- Shape, build and drive high-quality risk management processes and frameworks across the organisation and create insightful and actionable reporting and feedback to the various risk officers.
- Build trusting relationships with all stakeholders (Board Risk & Compliance Committee, SLT, OpCo Risk Officers, regulators, analysts, and industry bodies) by being a values-driven leader and strategic business partner.
- Maintain an open and constructive relationship as a Trusted Advisor with senior internal and external stakeholders, including External Audit, Business Executives and relevant Risk Agencies.
- Facilitate the risk management process for projects such as M&A, ABAC, ESG, TCFD, and other projects as instructed by the management. And work with the project team to put in place the necessary safeguards and protection to cover risks that have been identified.
- Report on the overall effectiveness of the governance, risk and internal control framework of the Group.
- Implement a robust process to follow up management's agreed actions to address issues raised by RCMC, BRCC, and the Internal and External Audit functions.
Managing SORMIC- Develop and maintain the Statement of Risk Management (SORMIC) in line with Axiata framework and regulatory requirements ensuring quality and timeliness of the process.
- Ensure that all risks are identified, assessed, and managed effectively, including the development and execution of risk mitigation plans.
- Integrate strategic alignment of Risk Management, SORMIC, Corporate Insurance and the IAR process to ensure the annual board and public reports are aligned and integrated.
Group Insurance- Develop, implement, and maintain the company's group insurance program, ensuring adequate coverage and cost-effectiveness.
- Collaborate with insurance brokers and underwriters to negotiate policy terms, premiums, and claims.
- Monitor the performance of insurance providers, ensuring they meet the company's expectations and standards.
- Partner with Group Procurement to appoint and manage the insurance broker.
- Lead the engagement with relevant BU and Opcos to gather pre-insurance data gathering across the Group.
- Work with relevant BU and Opcos for the end-to-end process for Insurance Management.
Support to the RCMC & BRCC - Support the Risk & Compliance Management Committee (RCMC) and the Board Risk & Compliance Committee (BRCC), ensuring efficient and effective committee operations.
- Assist with developing and maintaining RCMC & BRCC presentation decks, including agendas, minutes, and action items at the defined schedule.
- Support the Risk Management process in reviewing Board papers from across the OpCos.
- Coordinate and facilitate the Risk Management functions like FRR, KER, Risk Forum.
- Keep up to date on current global and emerging risks to challenge and drive effective risk discussions at the risk committees.
- Coordinate and facilitate RCMC & BRCC meetings, ensuring timely follow-up on action items and ongoing communication with committee members.
- Coordinate and compile the finalized decks and material and distribute the material on schedule for the committee’s pre-read.
- After the committee meeting, prepare the committee report to the Board.
- Maintain the central repository of the papers & final check for quality assurance.
Awareness and Culture- Review and maintain the corporate awareness instruments and engagements on Risk Management (e.g.: Training modules, newsletter, workshops, etc.)
- Review and update mandatory training content by engaging SMEs for relevant content and including emerging risks to develop a risk aware culture.
- Support the R&C division in organizing and executing the cyclic plenary conferences in an engaging, relevant, and exciting format.
Digitising Risk Management- Support digitation of the risk management process to enable the move from quarterly risk reporting to identifying, reporting, and managing risk on a real-time basis across the Group.
- Develop visualisation and dashboard using Power BI or other digital technologies.
- Automate repeatable processes to enhance overall risk maturity and increase productivity and effectiveness.
