Risk Assurance Manager

Job Purpose:

Will ensure that all risks are recognized and managed in a manner that their financial impact is minimized, allowing the Company to efficiently and cost-effectively minimizes the impact of losses, provides a hands-on approach to business problems and share the exposure to a wide variety of complex operational and systems environments. 

Job Accountabilities:

STRATEGIC

· Assist the Head of unit for formulation of the Panda –Enterprise Risk Management Strategy, budget, and planning process covering the

areas of business systems and operational processes, financial and accounting systems, and business risk Management

· Coordinate for Annual revisit the company risk assessment and amend in accordance with changes to the company objectives and challenges

· Coordinate the Audit Division’s activities so that it effectively utilizes its resources, manages its priorities, and is able to be both responsive

and proactive

· Assist the Head of unit to evaluate and assess significant new or changing services, processes, operations, and control processes coincident with their development, implementation, and/or expansion.

· Assist the Head of unit in ensure RA Section’s organisational and professional ethical standards, ensuring all audit activities to carry out

in accordance compliance with The IIA’s International Standards for the Professional Practice of Internal Auditing and Panda standards.

PLANNING

· Coordinate for preparation of Risk Assurance plan to set out the priorities of the Risk Assurance, consistent with the internal audit dept. and organizational objectives.

· Assist the Head of unit in preparing the annual audit plan. Undertake comprehensive planning and risk assessments relating to each assignment to ensure that the engagement identifies potential business risks. Define audit scope in order to identify the risk areas, management processes, and internal controls.

OPERATIONAL

· Support implementation, development and enhancement of enterprise-wide risk management program, including instituting applicable policies and standard operating procedures.

· Assist Head of unit in assessing the nature and severity of inherent risks and work together to identify and design risk mitigation strategies including risk reduction, acceptance or transference processes.

· Coordinate with Head of unit to Work with business units to establish, maintain and continuously improve risk management capabilities and act as champion on risk related initiatives.

· Communicate and facilitate the use of appropriate Enterprise Risk Management methodologies, tools and techniques by business partners.

· Facilitate enterprise-wide risk assessments and monitor priority risks across the company.

· Support Head of unit to implement appropriate risk reporting to senior management.

· Assist on the job training, coaching, and guidance to Risk Assurance and other internal audit staff in conducting Risk Assurance

programs and other audit-related work.

· Ensure the organization's enterprise-wide risk management policies are in compliance with applicable regulations and the Company’s

strategic imperatives.

· Perform other duties as required to Head of unit and the business. support Risk Assurance team,

· Assist overall performance of Risk Assurance assignments, training staff to company standards, addressing audit issues and providing

continual senior guidance

· Stay abreast of current public trends and directions that could increase the efficiency of the Company’s Internal Audit Department

· Work closely with the other departments’ managers (IT, Finance, Operations, etc.) on RA -internal audit matters to achieve the

company objectives and ensure implementation of the agreed remediation plans

· Stays abreast of general business/economic developments and new professional announcements & standards to gain an understanding

of their links and impact on the organization. Understands and applies technical standards.

· Keep current with the latest applicable laws, regulations, and relevant the company Policies and Procedures

· Maintains a positive, professional relationship with staff and management at all levels, including maintaining a professional appearance at all times.

Qualification: 

Bachelor degree.

Experience: 

Minimum 5 Years of experience.

 Key Competencies:

· Risk Management

· Risk Control and Governance

· Compliance & Regulatory Requirements

· Data/ Financial & Risk Analysis

· Advanced Audit Reporting and communication skills

· Monitoring and Control

· Quality Inspection

· Knowledge of Laws and Regulations

· Comfortable with leading-edge risk assessment methodologies.

· Excellent verbal and written communication and presentation skills.

· Strong interpersonal skills—ability to work closely with people at all levels of the organization and facilitate the implementation of

corrective action.

· Project management experience would be a plus.

· Proficient in MS Word, Excel and PowerPoint