Applications are invited from suitably qualified persons to fill the following position in the Policy, Planning and Development Division, Ministry of Health and Wellness.
(Salary Scale: Min: $4,060,697.00 – Max: $5,461,186.00 per annum)
JOB PURPOSE
Under the general direction of the Director, Enterprise Risk Management, the Enterprise Risk Management Analyst is responsible for facilitating the identification, evaluation and analysis of risks inherent to the operations of the MOHW and formulating, implementing and evaluating risk management strategies to efficiently and cost-effectively manage these risks. The incumbent assists the Senior Director in providing support to the Management team in ensuring the MOHW is compliant with regulations, legislation, policies, procedures and standards. The incumbent also participates in educating and advising management and staff on risk management objectives.
KEY OUTPUTS
- Information/documentation on risk scenarios collected and reviewed;
- Potential threats and vulnerabilities identified;
- Strategic and Operational Risk Register updated and maintained;
- Risk scenarios assembled and analyzed;
- Key Risk Indicators (KPIs) collected, validated and monitored;
- Risk Reported;
- Annual/Quarterly/Monthly/Periodic Reports prepared;
- Advice and interpretation provided;
- Individual Work plan developed.
KEY RESPONSIBILITIES AREAS
Technical/Professional Responsibilities
- Collects information and reviews documentation to ensure that risk scenarios are identified and evaluated;
- Identifies 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 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 MOHW;
- Updates and maintains a Strategic and Operational Risk Register to ensure that all identified risk factors are accounted for;
- Assembles and analyses risk scenarios to determine the likelihood and impact of significant events on the Ministry’s business objectives;
- Correlates identified risk scenarios to relevant business processes to assist in identifying risk ownership;
- Validates risk appetite and 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 plan 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;
- Monitor and communicate 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 when 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.
MINIMUM REQUIRED EDUCATION AND EXPERIENCE
- Bachelor’s Degree in Management Studies, Public Administration, Business Administration or a related discipline;
- Specialized training in Risk Management; Three (3) years related experience.
Kindly submit a cover letter and resume along with the names, telephone numbers, and email addresses of two (2) references, one of whom must be a former or current supervisor.
Applications with résumés are to be submitted no later than Tuesday, January 17, 2023, to:
Senior Director
Human Resource Management & Development
Ministry of Health & Wellness
10A Chelsea Avenue
Kingston 10
Email: jobs@moh.gov.jm
The Ministry of Health & Wellness thanks all applicants for their interest, but only those shortlisted will be contacted.