Sr. Enterprise Risk Management Analyst - Perm

Enterprise Risk Management Analyst (ERM Analyst)

Position Details

Job Title: Enterprise Risk Management Analyst (ERM Analyst)
Department: Governance & Control – Enterprise Risk Management
Reporting To: Head of ERM & AML
Location: Qatar
Prepared / Revised On: April 2022

Role Purpose

The Enterprise Risk Management (ERM) Analyst is responsible for supporting the implementation, administration, and continuous enhancement of client's Enterprise Risk Management framework. The role provides operational, analytical, and coordination support to the Head of ERM & AML in identifying, assessing, monitoring, and mitigating enterprise-wide risks while ensuring compliance with regulatory requirements and internal governance standards.

The incumbent will work closely with business units, Risk Champions, regulators, auditors, and external stakeholders to strengthen risk awareness, improve risk reporting, and support strategic decision-making across the organization.

Key Responsibilities

1. Strategic Risk Management Support

• Support the Head of ERM & AML in implementing the Enterprise Risk Management strategy, framework, policies, and objectives aligned with organizational goals.
• Assist in integrating risk management practices into strategic and operational business planning processes.
• Support risk assessment activities across departments and monitor alignment with approved business plans and risk appetite.

2. Policies, Procedures & Governance

• Assist in the development, review, and enhancement of ERM policies, procedures, methodologies, and governance frameworks.
• Support the implementation of governance-related policies including Product Governance and related control frameworks.
• Monitor compliance with approved risk management procedures and internal controls across departments.
• Participate in special projects, risk deep-dives, investigations, and troubleshooting exercises to identify gaps, exposures, and improvement opportunities.
• Coordinate with departments to prepare and maintain key risk management reports and regulatory submissions including ORSA (Own Risk and Solvency Assessment).

3. Risk Registers & Reporting

• Prepare, maintain, and regularly update departmental and corporate risk registers.
• Ensure emerging and existing risks are properly identified, assessed, documented, and monitored.
• Maintain regular communication with departments and Risk Champions to track risk developments and mitigation progress.
• Prepare agendas, presentations, and Minutes of Meeting for:
• Corporate Risk Committee (CRC)
• Risk Management Working Group (RMWG)
• Maintain risk dashboards, incident logs, trend analysis reports, and management reporting packs.

4. Risk Analysis & Mitigation

• Monitor risk mitigation plans and follow up with departments on the timely implementation of agreed actions.
• Conduct root cause analysis and identify interdependencies between operational and strategic risks.
• Assist in developing practical and proportionate risk mitigation strategies and response plans.
• Support risk exposure analysis and recommend control improvements where required.
• Coordinate information requests from regulators, auditors, actuaries, and external stakeholders.
• Participate in regulatory meetings and represent the Head of ERM & AML when delegated.

5. Own Risk & Solvency Assessment (ORSA)

• Support external actuaries by gathering operational, financial, and risk-related information for ORSA exercises and stress-testing scenarios.
• Assist in validating calculations, reviewing draft reports, and ensuring accuracy before final submission.
• Coordinate opening and closing meetings, interviews, and follow-up actions related to ORSA activities.
• Monitor emerging risks and risks exceeding approved appetite thresholds.

Key Performance Indicators (KPIs)

• Timely completion and maintenance of enterprise-wide risk registers.
• Effectiveness of risk monitoring and mitigation activities.
• Compliance with ERM policies, procedures, and regulatory requirements.
• Quality and timeliness of risk reports, dashboards, and management presentations.
• Alignment of departmental activities with the client's Risk Management Framework.
• Proactive identification and escalation of emerging risks.
• Effective coordination with internal and external stakeholders.
• Continuous improvement in risk governance and reporting practices.

Reporting Relationships & Authority

• Reports directly to the Head of ERM & AML.
• Exercises authority in accordance with approved organizational delegation limits.
• Responsible for ensuring compliance with QCB regulations and all applicable regulatory requirements.

Internal & External Relationships

Internal

• Department Managers
• Risk Champions
• Executive Management
• Internal Audit & Compliance Teams
• Finance and Operations Teams

External

• Regulators
• External Auditors
• External Actuaries
• Rating Agencies

Qualifications & Experience

• Bachelor's Degree in Risk Management, Business Administration, Finance, Accounting, Audit, Compliance, or a related field.
• 6–10 years of relevant experience in Enterprise Risk Management, Insurance, Governance, Audit, or Compliance functions.
• Professional Risk Management certification (e.g., IRM, CRMA, ISO 31000, FRM) is preferred but not mandatory.
• Experience within the insurance or financial services sector is highly desirable.

Skills & Competencies

• Strong understanding of Enterprise Risk Management frameworks and governance practices.
• Excellent analytical, problem-solving, and critical-thinking abilities.
• Strong report writing, presentation, and drafting skills.
• Effective stakeholder management and communication skills across all organizational levels.
• Ability to work independently and manage multiple priorities.
• Strong organizational, administrative, and time management skills.
• Proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Word.
• Ability to identify practical and business-focused risk solutions.