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1.

JOB DETAILS:
Job Title:

Specialist Risk Management

Reports to:

Senior Manager Corporate Planning and Excellence

Department:

Corporate Planning and Excellence

Directorate:

Corporate Planning and Support

2. JOB PURPOSE:
Assist in the development and implementation of the overall Risk Management framework. Ensure the
development of internal risk controls across the organization, measure their effectiveness, and recommend
remedial action.

3. JOB DIMENSIONS
Number of Staff Supervised:

Direct Reports:

01

Total:

01

4. Key Performance Indicators:

Financial
Preventable loss (total value lost from unforeseen risk/ mismanaged risk)
Customer
Stakeholder alignment (disagreements/ concerns in Risk Committee)
Communication (level of awareness of identified risks by relevant stakeholders)
Internal Processes
Time to develop Risk reports (average # of days to finalize reports)
Risk mitigation (# of risks successfully mitigated/ # of risks identified)
Risk register completeness (# of issues arising that were not identified as risks)
Capabilities & Learning
Trainings attendance (# of training days per year)

5. KEY ACCOUNTABILITIES:
Description
Strategy

Execute the functional strategy in line with the departmental strategy to ensure the achievement of
departmental objectives in due course, cost and quality.
Operating Plans, Budgets and Policies

Assist in the development of the departments annual business plan, KPIs and budget,
Policies and Procedures

Develop risk management policies and procedures in coordination with Quality & Assurance
Operations

Support Corporate Planning & Excellence in the setting of Clients Risk Management framework

Implement risk policies and guidelines for Clients staff, projects under construction, property under
operations and others

Lead the identification of all risks facing Client, support in developing mitigation plans, and monitor
their effectiveness

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Compile the risk register of Organization and coordinate with all departments to identify and
mitigate risks
Assist in assessing the risks of all projects that Organization will undertake by potentially allocating
Risk resources to projects to identify risks, develop mitigation plans, and measure their
effectiveness
Assist Internal Audit in auditing risk management tools at Organization
Assist Management in developing Organizations risk management strategy and determining target
risk profile
Prepare quarterly and annual risk reports that would be presented to Organization Management
and subsequent Board-level committee
Guide the Risk Committee discussions and ensure transparency and alignment

Continuous Improvement

Identify opportunities for continuous improvement to enhance performance and quality of work with
a view of stakeholders expectations.
Health, Safety & Environment

Follow all relevant safety, quality and environmental management policies, procedures and
controls to guarantee employee safety, legislative compliance, delivery of high quality
products/services and a responsible environmental attitude.

5. FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:

The Specialist Risk Management reports to the Senior Manager Corporate Planning and
Excellence and confers with the latter on critical and strategic issues.
Key decisions having significant impact on the Risk Management function are referred to the Senior
Manager Corporate Planning and Excellence for approval before implementation.
The jobholder exercises financial authority as per the level established by the MSHEIREB
PROPERTIES management.

6. QUALIFICATIONS, EXPERIENCE, & SKILLS:


Minimum Qualifications:

Bachelor degree in Engineering/Finance/Business Administration.


Minimum Experience:

5 - 8 years in Risk Management in RE, of which 3 should be in the Middle East.


Job-Specific Skills:

Extensive experience in risk management and insurance strategies.

Experience in developing policies and procedures.

Strong conflict resolution/management skills.

Strong communication skills.

Strategic thinking experience.

7. COMPETENCIES:

Effective Communication
Achievement Orientation
Teamwork
Strategic Intent
Leading People

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