Enterprise Risk Management Analyst (GMG/SEG 3)

Summary

Reporting directly to the Director, Enterprise Risk Management, the Enterprise Risk Management Analyst is responsible for enabling the identification, evaluation and analysis of risks inherent to the operations of the Ministry and formulating, implementing and evaluating risk management strategies to efficiently and cost effectively manage these risks. The incumbent assists the Director in providing support to the team in ensuring the Ministry is compliant with regulations, legislature, policies, procedures and standards. The incumbent also participates in educating and advising management and staff on risk management objectives. 💰Salary range $5,198,035 - $6,990,779 per annum.

Responsibilities

• • Collects information and reviews documentation to ensure that risk scenarios are identified and evaluated;
• • Identifies, with the respective directors legal, regulatory and contractual requirements and organizational policies and standards related to the Ministry’s operations to determine their potential impact on the business objectives;
• • Identifies with senior management, potential threats and vulnerabilities for business processes, associated data and supporting capabilities to assist in the evaluation of enterprise risk;
• • Implements the ERM framework and ongoing ERM practices suitable for the requirements of the Ministry;
• • Updates and maintains a Strategic and Operational Risk Register to ensure that all identified risk factors are accounted and recorded;
• • Assembles and analyses risk scenarios to determine the likelihood and impact of significant events to the Ministry’s business objectives;
• • Correlates identified risk scenarios to relevant business processes to assist in identifying risk ownership;
• • Facilitates the establishment of risk tolerance with senior leadership and key stakeholders to ensure alignment;
• • Assists in the development of a risk awareness programme, and conducts training to ensure that stakeholders understand risk and contribute to the risk management process and to promote a risk-aware culture;
• • Identifies and evaluates risk response options and provides Executive Management with information to enable risk response decisions;
• • Participates in the review of risk responses with the relevant stakeholders for validation of efficiency, effectiveness and economy;
• • Applies risk criteria to assist in the development of the risk profile for Executive Management approval;
• • Assists in the development of risk response action plans to address risk factors identified in the organizational risk profile;
• • Collects and validates data that measure Key Risk Indicators (KRIs) to monitor and communicate their status to relevant stakeholders;
• • Monitors and communicates Key Risk Indicators (KRIs) and management activities to assist relevant stakeholders in their decision-making process;
• • Facilitates independent risk assessments and risk management process reviews to ensure they are performed efficiently and effectively;
• • Identifies and reports on risk, including compliance, to initiate corrective action and meet business and regulatory requirements;
• • Influences and, where necessary, challenges decisions that give rise to material risks;
• • Builds awareness of business continuity and disaster recovery risks, including encouraging the preparation of business continuity and disaster recovery management plans;
• • Develops Individual Work Plans based on alignment with the overall plan for the Unit;
• • Participates in meetings, seminars, workshops and conferences, as required;
• • Prepares reports and programme documents, as required;
• • Performs all other duties and functions, as may be required, from time to time.

Required Skills

• Core:

  • • Good oral and written communication and presentation skills
  • • Customer and quality focused
  • • Presentation skills
  • • Teamwork and co-operation
  • • Interpersonal skills and people management skills
  • • Ability to work under pressure
  • • Planning and organizing skills
  • • Problem-solving/decision making skills

• Technical:

  • • Strong monitoring, evaluation, analytical and report writing skills
  • • Use of technology- relevant computer applications such as Microsoft Office Suite and MS Project or other project tool
  • • Excellent knowledge of ERM framework and tools
  • • Sound Technical Knowledge and expertise to monitor business matters, corporate governance matters, regulatory risks and regulatory change matters.
  • • Sound knowledge of research methodology
  • • Excellent knowledge of public sector management principles
  • • Sound knowledge of government policy formulation, monitoring, and evaluation processes

Qualifications

• • BSc in Management Studies, Public Administration, Business Administration or equivalent qualifications.
• • Minimum of six (6) years’ related experience, with at least three (3) years in a Risk Management role.
• • Specialized training in Risk Management.

Additional Information and Instructions

• Special Condition Associated with the Job:

  • • Typical office working environs.
  • • Long working hours during peak planning and budgeting periods as well as being on call to provide support to the Permanent Secretary and other Executive Management staff in preparation for cabinet meetings.

Applications accompanied by résumés should be submitted no later than Wednesday, 4th June, 2025 to: The Permanent Secretary Ministry of Science, Energy, Telecommunications and Transport PCJ Building, 36 Trafalgar Road Kingston 10 ✉️ Email: hr@mtw.gov.jm 🔑 Please include the job title in the subject line of your email. ⚠️ Note: Only shortlisted applicants will be contacted. Applications should include the names and positions of two (2) senior persons who can provide a character and work-related reference. Special Conditions Associated with the Job:

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