Offered Salary: 150,000 - 200,000 PKR Age: 30 - 40 years Gender: Both Skills Level: Expert Location: Karachi, Sindh Organization: Sui Southern Gas Company Limited (SSGC) Posted on: 2025-03-23

Job Summary

The purpose of this position is to ensure implementation of Strategic, Financial and Compliance Risk Management activities as defined in the ERM framework of SSGC. The position is also responsible to implement and maintain ERM Framework, maintains and implement company processes and policies across SSGC.

Job Responsibilities

1. Oversees and promotes the development and implementation of:
2. Implementation of ERM Framework for providing guidance, facilitation to the first line of defense, in identifying, assessing, evaluating, categorizing, prioritizing, monitoring and controlling all significant risks facing the entity by reviewing and approving risk management methodologies
3. Provides guidance in identifying and assessing risk and determining the adequacy and cost effectiveness of controls
4. Implements Processes, systems, procedures and data management capabilities to support the enterprise-wide risk management framework
5. Implements Risk management information requirements (including risk metrics, and reports), reporting thresholds, early warning indicators;
6. Reports all Risk exposures identified with the help of risk owner's departments at SSGC in relation to approved risk appetite and tolerance limits to CRO
7. Works with other head of departments to ensure monitoring and compliance with the approved Enterprise Risk Management Framework;
8. Monitors internal controls and systems of SSGC relevant to risk management;
9. Arranges Risk Workshops and drives action points for implementation in coordination with the HoDs, Risk Champions and Risk Owners
10. Develops and recommends the risk appetite and risk tolerance limits for the consideration of RMC;
11. Monitors risk parameters against the risk tolerance limits, approved by the RMC and BRMC as reported and identified by the Risk Owners and Head of Departments
12. Presents Risk Reports to CRO periodically; and
13. Drafts risk policies and procedures for review and recommendation of RMC.
14. Plans the risk management related awareness amongst SSGC departments regarding the need and importance of this exercise and ensures the correct implementation of the program through guided training sessions and/or e-learning modules
15. Presents updated Contract registers to the CRO, RMC and BRMC as and when required
16. Automates ERM Processes through implementation and maintenance of ERM Software
17. Ensures close coordination with individual departments in proper articulation of risks and determination of the severity of impact as well as probability of its occurrence, using a top-down as well as a bottom-up approach.
18. Coordinates with Internal Audit Department for arrangement of Risk based Audits
19. Facilitates business and support groups in risk based performance evaluation.
20. Conducts risk related reviews as assigned by CRO, RMC and BRMC and ensures that findings of those reviews are reported to business units, Senior Management and if appropriate to the Board.
21. Convene RMC / BRMC meetings as per TORS and approved rules of business.
22. Ensures identification of successors for key positions through proper development.
23. Facilitates learning through trainings in co-ordination with Human Resource Management Group and interactive sessions among the employees.
24. Appraise the performance of employees deputed in the ERM department
25. Report Key Risks in the Annual Report
26. Oversees quality reviews of Divisional and Departmental risk management, policies, process, people, Audit & Compliance Reports to identify iterative risks and systems.
27. Assist the departments in categorization of the risks s per pre-defined criteria into categories including 'critical', 'catastrophic' etc. based on level of severity and likelihood of happening (e.g. almost certain, likely, possible) as defined in the ERM Framework.
28. Builds and improves capabilities to respond effectively to low probability, critical, and catastrophic risks.
29. Develops risk registers for documenting, storing and maintaining risk information and conducts in depth analysis of key risks by obtaining information and data from SSGC departments.
30. Manages the program to update the Risk Registers on a monthly basis with the active participation of the respective departments.
31. Ensures to prepare comprehensive management reports from the consolidated risk related information.
32. Present the reports to the Risk Management Committee and Board's Risk Committee on quarterly basis for inputs and monitor progress of the necessary actions by departments in order to mitigate the identified risks.

Application Method

To apply for the Lead Manager - Strategic, Financial, and Compliance Risks position at Sui Southern Gas Company Limited (SSGC), please submit your updated resume and cover letter outlining your relevant experience and qualifications. Ensure that your application highlights your experience in implementing risk management frameworks and your leadership skills. Shortlisted candidates will be contacted for an interview. Due to a high volume of applications, only selected candidates will be notified. Please note that submitting false information will lead to disqualification.
Kindly note that we are not accepting any application/resume through email. Please apply through appropriate channel.

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