Risk Officers at Kenya Power

 Job Ref: HR:KP1/5B.2/1/3/1596

Responsible for identifying and managing risks that could affect the company's operations and objectives. This includes developing and implementing risk management strategies, ensuring compliance with regulatory requirements and internal policies and monitoring risk exposure. Additionally, the role involves providing reports and promoting a culture of risk awareness within the organization.

DUTIES AND RESPONSIBILITIES

• Assist in identifying potential risks across various business areas, support the development of risk assessment tools and help in documenting and categorizing identified risks.
• Record and ensure all risk registers are up to date.
• Support the evaluation of risk impact and likelihood, assist in conducting risk assessments and help analyze the potential effects of risks on business objectives.
• Help develop and implement risk mitigation strategies, support the creation of action plans to address identified risks, and assist in monitoring the effectiveness of risk controls.
• Assist in tracking and reporting on risk management activities, support the continuous monitoring of risk indicators and help update risk management reports and dashboards.
• Support the management of compliance and regulatory risks, assist in monitoring adherence to laws and regulations, and help in preparing compliance reports.
• Support the development of enterprise risk management strategies, assist in aligning risk strategies with business objectives, and help in reviewing and updating risk management frameworks.
• Liaise with risk champions to document minutes from all risk committee meetings.
• Build a risk aware culture across the organization through training and structured engagements.
• Review the implementation status on the recommended mitigations as per the risk advisory reports.
• Assist in preparing risk management reports, support the analysis and presentation of risk data and help in communicating risk findings to senior management.

Person Specifications

• Bachelor’s Degree in Risk Management, Actuarial Science, Engineering, Finance, Business Administration, ICT or related field from a recognized Institution.