Manager, Enterprise Risk Management at Kenya Electricity Generating Company PLC, KenGen

Kenya Electricity Generating Company PLC, KenGen  was incorporated on 1 February 1954 under the Companies Act (Chapter 486 of the Laws of Kenya) as Kenya Power Company (KPC) to construct the transmission line between Nairobi and Tororo in Uganda as well as to develop geothermal and other generating facilities in the country. Since its inception,...

 

Manager, Enterprise Risk Management

  • Job TypeFull Time
  • QualificationBA/BSc/HND , MBA/MSc/MA
  • Experience12 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 

Job Summary

Reporting to the Managing Director and functionally to the ARC Committee of the Board, the job holder is responsible for supporting the Enterprise Risk Management (ERM) through the coordination and implementation of the ERM Policy and Framework within the Standards defined by the Company including the identification, assessment, evaluation, monitoring and reporting of risks.

Job Description

Duties and Responsibilities

  • Supporting the ERM Steering Committee in the review of the ERM Framework & policy, procedures and strategy for approval and adoption.
  • Ensuring the Company is complying with PFM Act & PFM Regulations, ISO 9001: 2015, ISO 31000: 2009 and other laws, regulations and standards in relation to risk management.
  • Coordinating with the departmental & divisional Heads and Risk Champions in monitoring high risks, new and emerging risks; identifying inter-functional risks; and ensuring risk management principles are extended and integrated within all the company processes.
  • Facilitating strategic, operational, project and adhoc risk identification & assessments and offer risk advisory services as & when needed by providing guidance in the identification and evaluation of risk events.
  • Escalating high priority risk issues on a regular basis to the ERM Steering Committee, MD & CEO and BARC and monitor the same.
  • Ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the Board approved risk appetite and report on risks accepted by Management which are outside the Board Risk Appetite.
  • Coordinate with other Assurance Providers in the review of the risk management process and ensure recommendations are implemented.
  • Support Heads of Departments/Divisions and Risk Champions to continuously update their risks registers and prepare risk reports to ERM Steering Committee and ARC Committee and ensure safe custody of the same.
  • Collate companywide risk summary to be presented to ERM Steering Committee and BARC.
  • Plan & conduct appropriate Risk Management Awareness initiatives across the business to ensure risk appreciation and upscale the risk culture within the Company.
  • Support the business in the implementation of the Governance, Risk, Control solutions through walkthrough sessions and refresher sessions as and when requested.
  • Manage the implementation and coordination of Company’s Business Continuity Management (BCM) framework and support the Company on BCM policies and practices, to identify, evaluate, and address the entire portfolio of strategic & operational risks and vulnerabilities that presents risks to the continuity of business in the event of various impacts.
  • Coordinate the Annual Business Impact Analysis for all departments and ensure documented Business Continuity Plans (BCPs) are in place and updated in line with the Company’s BCM Policy and International best practice.
  • Ensuring adherence to quality, occupational health, and safety standards
  • Facilitate preparation, monitoring and absorption of budget for the Division
  • Recommend and or approve procurement processes and professional opinions
  • Prepare and submit periodic reports in a timely manner
  • Conduct performance evaluation of employees
  • Lead, develop and mentor their teams
  • Ensure adherence to quality, occupational health and safety standards

Person specifications

For appointment to this grade a candidate must have: -

  • At least twelve (12) years relevant with at least, five (5) years in Management role.
  • Master’s degree in Accounting, Finance or Business Administration
  • Bachelor’s degree in Accounting, Finance or Business Administration.
  • Be a Certified Risk Management Professional (CRMP) or Risk Management Professional (RMI-PMI), or Certified Risk Management Assurance (CRMA) or Professional Certification in ISO 22301 or any other relevant qualification.
  • Membership of the Institute of Risk Management, Global Association of Risk Professionals, Institute of Actuaries, Chartered Insurance Institute & in good standing
  • Leadership Course lasting not less than four (4) weeks from a recognized institution.
  • Fulfill the requirements of chapter six (6) of the Constitution.

Method of Application

Interested and qualified? Go to Kenya Electricity Generating Company PLC, KenGen on careers.kengen.co.ke to apply

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