Senior Finance Analyst (Risk)

10 Oct 2024

General Overview

 

The candidate shall be involved in managing and coordinating Risk Management and Insurance activities for the Company, as well as the Delegation of Authority within the organization. The candidate will also be involved in liaising with external consultants for Internal Audit and Fraud Risk Assessment.

 

 

 

Roles and Responsibilities

Risk Management

  • Manage and apply the Risk Management Frameworks including reviewing and enforcing policies, procedures, tools and methodologies.
  • Work with various business groups on qualitative and quantitative risk management, including risk identification, risk assessment, risk analysis and control assessment.
  • Provide support to develop and monitor the execution of risk mitigation plans.
  • Plan and conduct corporate risk workshops annually; and project risk workshops where necessary.
  • Provide support for the monitoring and reporting of business risks, including key risk indicators.
  • Facilitate the preparation and update of risk registers and relevant risk reports for senior management and risk committees.
  • Perform secretariat duties to the risk committees.

 

Insurance

  1.  
  • Management of annual renewal of Company’s insurance policies and placement of insurance policies (where required by the business).
  • Provide support in insurance related matters within the organization, including but not limited to, providing insurance related advices and working closely with insurance broker on ad-hoc insurance needs.

 

Delegation of Authority

  • Review and enforce the Delegation of Authority Policy.
  • Provide advice on queries related to the application of the policy.
  • Provide support for the monitoring and reporting of reportable items to the senior management and risk committees.

 

Internal Audit and Fraud Risk Assessment

  • Liaise with external consultant on the Internal Audit and Fraud Risk Assessment activities, including but not limited to, planning of meetings with internal stakeholders, provision of requested information, provision of clarifications to the audit / risk assessment.
  • Provide support for the audit / risk assessment by bridging any technical knowledge or process knowledge gaps between the consultants and the internal stakeholders.
  • Exercise professional judgement in the review of information (e.g. requested documents, clarifications, consultant reports).

 

Work experiences 

  • Candidate shall have at least 5 years of working experience, preferably in Risk Management and/or Insurance function, or Internal / External Audit role. Additional finance-related work experience will be considered favorably.
  • Candidates from energy or asset intensive industries will be considered favorably.
  • Candidate with prior experience in working a multi-cultural environment is an advantage.
  • Candidate shall be proficient with MS Office applications.

 

Education Requirements

  • Degree in Finance, Accountancy, Risk Management, Business Administration or relevant discipline.

 

Performance Criteria

  • Successful candidate shall also possess the following personal attributes:
  1. A team player with strong interpersonal and communications skills, both written and verbal, with ability to interact with people at all levels. Possess good stakeholder management skills.
  2. Ability to work independently and under tight deadlines and multitask.
  3. Analytical and resourceful, and is process oriented with a sharp eye for details.
  4. Possess pleasant disposition and has a positive and outgoing personality.