Senior Manager, Enterprise Risk Management (TTRA)

Our Client, the Trinidad & Tobago Revenue Authority, is seeking to fill the position of Senior Manager, Enterprise Risk Management (ERM).

JOB SUMMARY

The Senior Manager, Enterprise Risk Management will collaborate with the Chief Risk Officer (CRO) and other key stakeholders to ensure that an Enterprise Risk Management (ERM) and Business Continuity Management (BCM) Frameworks are developed and implemented to ensure effective risk management throughout the TTRA in accordance with strategic plans, regulatory requirements and industry standards. 

The incumbent is required to work with the CRO and collaborate with the business to ensure that TTRA proactively identifies, assesses, mitigates, and monitors risks that could impact its strategic goals, operations, continuity and compliance obligations. The Senior Manager serves as a key advisor to the CRO, supporting informed risk-based decision-making, providing objective challenge and fostering a Risk Intelligent Culture.

RESPONSIBILITIES & ACCOUNTABILITIES

• Assist the CRO in developing and implementing the TTRA’s ERM Framework and BCM framework inclusive of policies and standard operating procedures (SOPs.)
• Research industry trends related to ERM and BCM and make recommendations to ensure relevance and continuous improvement of ERM Framework.
• Develop and maintain Business Continuity plans in collaboration with Department heads to manage continuity risks.
• Partner with risk owners to monitor and report on TTRA’s risk profile; includes trends and emerging risks.
• Collaborate with Risk Owners to integrate Risk Management into key organisation processes including but, not limited to strategic planning, policy development, project management.
• Collaborate with Department Heads to identify the scope, plan and the schedule for department level risk assessments.
• Collaborate with Risk Owners to identify, assess and evaluate enterprise risks and ensure the implementation of risk management strategies to mitigate risks.
• Monitor the effectiveness of an organisation’s approaches to risk treatment and makes recommendations.
• Prepare risk reports including dashboards, and heat maps for senior leadership, internal risk committees, board committees, regulatory bodies as required.
• Provide risk management and business continuity management guidance as part of the second line of defence to management and all departments.
• Act as a change catalyst for a risk-based approach to the delivery of services and systems.
• Plan for and prepare documents to support ERM committee meetings in accordance with the TTRA Enterprise wide Risk Governance structure, ERM Policy and relevant terms of references.
• Maintain proper documentation for all risk management activities and ensuring audit readiness.
• Build professional relationships across the TTRA and work closely with decision-makers in other departments to support risk-informed decision making.
• Participate in risk committee meetings and contribute to the overall risk governance framework.
• Ensure the continuing coordination and maintenance of business continuity and crisis management strategies and plans.
• Develop in consultation with the CRO, KPIs for direct reports and utilise the Performance Management System to manage performance.
• Prepare comprehensive reports, draft Cabinet/Ministerial Notes, internal notes, board papers, circulars and memoranda as required.
• Remain updated on relevant tools, methodologies and technology.
• Perform other job-related duties as required.

EDUCATION & EXPERIENCE REQUIREMENTS

• Master’s Degree in Business Management or a related field.
• Professional Certification as a qualified Risk Management Professional (CRMP, RIMS, CRP or other recognised certifications)
• Professional Business Continuity Management (BCM) certification from a recognised body.
• Professional Financial risk and AML certifications (e.g., CFA, CPA, FRM, ACAMS) will be an asset.
• Eight (8) years’ progressive experience in Risk Management and BCM including at least five (5) at a Senior Managerial level within a revenue authority, government agency, or large financial institution.
• Proven experience in developing and implementing risk management and BCM frameworks including policies and procedures to support risk management.
• Experience conducting and or facilitating risk assessments.
• Experience developing and executing Risk and BCM training programs.
• Or any other equivalent combination of education and experience.

KNOWLEDGE REQUIREMENTS

• Sound knowledge of Risk and BCM principles, strategies, tools and technologies.
• Knowledge of regulatory requirements and industry relative to Risk management and BCM.

Closing Date: February 17^th, 2025

We wish to thank all applicants for their interest, however, only those favourably considered will be contacted.