Chief Risk Management Officer

2 days ago

Hyderabad, Telangana, India Appen Full time
Overview
Appen is a leading technology services company, and as the Chief Risk Management Officer, you will play a critical role in ensuring the company's strategic plan is implemented while managing enterprise risk and assurance mechanisms.

Estimated Salary: $120,000 - $180,000 per annum, depending on location and experience.

Job Description
The Chief Risk Management Officer reports functionally to the Audit and Risk Management Committee for strategic direction and accountability purposes. They also report administratively to the VP, General Counsel to facilitate administrative and day-to-day operations. This role has direct communication access to the Chief Executive Officer and the Audit and Risk Management Committee and reports to them directly on developing and maintaining the Risk Framework.

Key Responsibilities
  • Provide subject matter advice and support on risk projects and activities, helping the Executive and staff to identify, manage, and report risks.
  • Build capability on risk management, risk frameworks, and support the development and strengthening of the risk culture by conducting reviews to ensure that procedures, controls, issue resolution, and risk mitigation activities are appropriate.

Risk Management
  • Maintain and further develop Appen's risk management framework and its linkages to planning and governance processes.
  • Manage the evaluation of business processes and reporting mechanisms in relation to Appen's risk management framework.
  • Provide advice, guidance, and training to strategic and operational areas on better practice risk management activities to embed a positive risk culture across Appen.
  • Undertake ongoing work, including but not limited to coordinating Appen's risk appetite, risk assurance maps, risk profiles, risk treatment plans, and other risk reporting.
  • Establish and maintain internal and external relationships necessary for effective risk management, ensuring staff adopt appropriate risk practices and mitigation measures.

Internal Audit
  • Develop and deliver the Strategic Internal Audit Plan.
  • Identify audits and reviews that strategically align with Appen's objectives.
  • Execute audits in accordance with required International Standards and internal guidance.
  • Communicate and discuss findings with senior and business unit management, including clear identification of root cause and linked risks.
  • Develop balanced internal audit reports, clearly identifying opportunities and strengths in a concise manner.
  • Provide pragmatic recommendations to mitigate or address identified opportunities.
  • Conduct follow-up reviews of findings.
  • Manage co-sourced auditors where specialized reviews are required.
  • Develop meaningful working relationships with key business stakeholders.
  • Foster continuous learning through evaluation of audits and reviews.
  • Provide ongoing guidance and support to the Executive team.
  • Prepare reporting for the Audit & Risk Management Committee and present findings and recommendations of work performed.

IT Risk and Compliance
  • Develop and implement IT risk management strategies, policies, and procedures to ensure the security and integrity of Appen's information systems and data.
  • Conduct regular IT risk assessments and audits to identify vulnerabilities and ensure compliance with relevant regulations and standards.
  • Collaborate with the Senior Director of Cyber Security to align IT risk management practices with overall cyber security strategies.
  • Collaborate and support the Data Protection Officer in data privacy enhancing initiatives.
  • Monitor and report on data protection and IT risk exposure and develop risk mitigation plans to address identified risks.
  • Ensure compliance with IT-related regulatory requirements and industry best practices.
  • Provide training and support to staff on IT risk management and compliance issues.
  • Develop and maintain data protection risk registers, ensuring they are up-to-date and reflect current risk statuses.
  • Coordinate with external auditors and regulatory bodies during IT audits and assessments.

Qualifications and Experience
  • Certificate in Public Practice (CPA) qualified.
  • 5 years in a similar role with relevant experience.
  • Commercial experience in the IT industry.
  • Effective communication skills, both verbal and written, can convey technical information clearly and concisely.
  • Certifications like Certified in Risk and Information Systems Control (CRISC) would be an added advantage.

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