Risk Management Specialist

15 hours ago


Hyderabad, Telangana, India Appen Full time
Job Summary

The Risk Lead is responsible for providing strategic direction and accountability to the Audit and Risk Management Committee. This role requires direct communication access to the Chief Executive Officer and the Audit and Risk Management Committee to report on developing and maintaining the Risk Framework. The Risk Lead contributes to Appen's adherence to our strategic plan by ensuring that enterprise risk and assurance mechanisms are managed, and drives continuous improvements across the company.

Key Responsibilities

The Risk Lead provides subject matter advice and support on risk projects and activities. This role supports the Executive and staff to identify, manage and report risks. The Risk Lead is responsible for building capability on risk management, risk frameworks and for supporting the development and strengthening of the risk culture. This includes conducting reviews to ensure that procedures, controls, issue resolution and risk mitigation activities are appropriate by identifying issues, risks and trends needing attention and recommending appropriate actions or, escalating these issues as required.

Risk Management

The Risk Lead is responsible for maintaining and further developing Appen's risk management framework and its linkages to planning and governance processes. This includes managing the evaluation of business processes and reporting mechanisms in relation to Appen's risk management framework. The Risk Lead provides advice, guidance and training to strategic and operational areas on better practice risk management activities to embed a positive risk culture across Appen. This includes undertaking ongoing work including but not limited to coordinating Appen's risk appetite, risk assurance maps, risk profiles, risk treatment plans and other risk reporting.

Internal Audit

The Risk Lead is responsible for developing and delivery of the Strategic Internal Audit Plan. This includes identifying audits and reviews that strategically align with Appen's objectives, executing audits in accordance with the required International Standards and internal guidance, communicating and discussing findings with senior and business unit management, developing balanced internal audit reports, providing pragmatic recommendations to mitigate / address identified opportunities, conducting follow-up reviews of findings, managing co-sourced auditors where specialized reviews are required, developing meaningful working relationships with key business stakeholders, fostering continuous learning through evaluation of audits and reviews, and providing ongoing guidance and support to the Executive team.

IT Risk and Compliance

The Risk Lead is responsible for developing and implementing IT risk management strategies, policies, and procedures to ensure the security and integrity of Appen's information systems and data. This includes conducting regular IT risk assessments and audits to identify vulnerabilities and ensure compliance with relevant regulations and standards. The Risk Lead collaborates with the Senior Director of Cyber Security to align IT risk management practices with overall cyber security strategies, collaborates and supports the Data Protection Officer in data privacy enhancing initiatives, monitors and reports on data protection and IT risk exposure, develops risk mitigation plans to address identified risks, ensures compliance with IT-related regulatory requirements and industry best practices, provides training and support to staff on IT risk management and compliance issues, develops and maintains data protection risk registers, and coordinates with external auditors and regulatory bodies during IT audits and assessments.

Qualifications and Experience

The Risk Lead should be CPA qualified with 5 years of experience in a similar role, commercial experience in the IT industry, effective communication skills, both verbal and written, to convey technical information clearly and concisely, and certifications like CRISC would be an added advantage.

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