Head of Enterprise Risk

About Company

The company is one of the world's leading engineering conglomerate.

The company has manufacturing facilities in several states of India & across borders.

Job Description

The Risk Manager will be responsible for identifying, assessing, and mitigating risks that could impact the company’s financial stability, operational efficiency, legal compliance, or reputation. This role involves close collaboration with cross-functional teams to design and implement effective risk management strategies and frameworks.

Roles & Responsibilities :

• Lead the design and execution of comprehensive risk assessments across Finance, Operations, Reporting, and Compliance to Identify emerging risks and evaluate their potential impact on business operations and strategic objectives.
• Assess the likelihood and impact of identified risks to prioritize mitigation efforts.
• Develop and implement risk mitigation strategies, policies, internal controls and standardized processes to reduce or eliminate risk exposure. Develop and implement risk mitigation strategies, policies, and internal controls.
• Conduct root cause analysis of risk events and implement corrective actions.
• Establish, review, and enforce risk management policies, procedures, and internal controls.
• Continuously monitor key risk indicators (KRIs) and the effectiveness of mitigation strategies, reporting key findings to senior leadership.
• Prepare detailed risk reports and dashboards for executive and board-level review.
• Design and maintain contingency plans to manage potential crises effectively.
• Ensure compliance with regulatory requirements and internal governance standards.
• Collaborate with internal audit, legal, finance, and operations teams to align risk management practices
• Oversee the development of business continuity and crisis management plans.
• Provide training and guidance to teams on risk awareness and best practices.
• Participate in internal audits and investigations as required.
• Ensure compliance with applicable laws, regulations, and internal policies.
• Conduct audits of business processes and procedures to identify vulnerabilities.
• Deliver training programs to enhance risk awareness and compliance across the organization.

Competencies :