Head, Enterprise Risk Management

Job Title: Head, Enterprise Risk Management
Contract Type: Permanent
Location: Kuala Lumpur
Salary: Above RM25,000
Contact Name: Christine Ow Yong
Contact Email:
Job Published: November 22, 2019 09:43

Job Description

About our client

Our client is a refined oils and fats company with vision to be the top 3 players in the market. 


About the role

A newly created Head of ERM to support the management in driving business continuity plan, compliance, and internal control policies.


Your responsibilities

Internal Control Systems & Policies

  • Facilitate towards building systems driven organization, provide guidance to establish effective & sound systems that also in-builds reliable internal control mechanisms which aids the Sector in meeting its Strategic Objectives & Goals

  • Review and ensure the effectiveness and timely implementation of systems, processes procedures and policies, towards achieving business plans by:

  • At the time of designing of systems, processes, procedures & policies – ensuring systems are designed efficiently, eliminating duplications, adequately addresses prevailing systems weaknesses, eliminating/minimizing room for frauds, adopting techniques for charting /evaluating processes

  1. Evaluate and ensure all critical activities are addressed, capturing key operational risks

  2. whilst systems should not impede operational efficiencies /flexibility

  • Ensuring effective implementation of systems & processes –review the effectiveness of systems and processes in achieving productivity

  1. implementation & compliance to policies, standard operating procedures

  2. identify bottlenecks in implementation, lack of awareness / training / other operational impediments

  • Review and recommend means of strengthening operational processes & systems, to overcome practical bottlenecks, deficiencies & loopholes

  1. Coordinate with relevant functions/ support services and facilitate and ensure processes and systems are reviewed/revised and updated on a continuous basis

  • Evaluating systems to ensure emerging industry challenges, new technologies, operating / best practices (benchmarking) – (among the industry best managed companies, and within our group companies) - are adequately captured in developing/ reviewing systems & processes.

Business continuity planning & Risk Management

  • Set in place the Risk Management framework and the operating structure for identifying, assessing, managing and monitoring the risks.

  • Develop the risk appetite, identifying key risk management strategies, assessing & profiling of the key risks affecting the achievement of the business plans at group, sector and at a unit level.

  • Develop, Implement, Evaluation & Review Risk management process & Business continuity planning (BCP) adopted by the Sector / Operating units from all stakeholders’ point of view - This will require the provision of assurance & increasing the comfort level from Parent company & operating unit management point of view.

  • Develop, Refine & Review the Risk Register & evaluate the relevance of risks identified at Operating companies & Sector level.

  • Assist management team in improving risk management/mitigating strategies and techniques, and carrying out follow up action plans & it's effectiveness in mitigating/controlling risks.

  • Review & evaluate the effectiveness of implementation of action plans for risk management – provide assurance on whether the risk mitigation process is being driven effectively & efficiently, whilst also continuously monitoring of whether the risk register is being updated appropriately.

  • Evaluate & draw attention to possible gaps in the risk register to the Sector/Operations management – follow-up on the development of control environment to overcome deficiencies in the risk management / mitigating process.

  • Coordinate with operations and ensure readiness of BCP activities and provide leadership to BCP implementation team. Set in place a structured BCP for the sector, ensuring the key impact areas are adequately covered, and on a routine basis ensure the presence of a process to monitor readiness of the BCP. Increase the importance of awareness and importance on the risk management and BCP programs.

  • Ensure the development & presence of an effective Disaster Recovery Plan (DRP) for the Sector & appropriate level of testing for effectiveness.

Effective risk management process (reviewing compliance)

  • Coordinating to ensure the routine identification and management of operational & business risks

  • Ensure that an effective risk management process exists at the various business processes / functions / operating units etc , allocation of responsibilities at various levels carry out monitoring / periodic reviews, and ensure compliance to risk management policies & procedures

  • Assist management team in improving risk management/mitigating strategies and techniques, and carrying out follow up action plans & it's effectiveness in mitigating/controlling risks


You will have

  • Leadership experience in managing a risk and compliance department of palm oil of downstream/upstream vertical.

  • Strong analytical and problem-solving skills