Assistant Manager, Risk
5 days ago
About Sembcorp Sembcorp is a leading energy and urban solutions provider headquartered in Singapore. Led by its purpose to drive energy transition, Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record. Join our Renewable Energy business Play a role in advancing Asia's energy transition As a leading renewable energy player, Sembcorp is driving sustainable change, with a growing portfolio of renewables and energy storage solutions across Southeast Asia, China, India, the UK, and the Middle East. Our Renewable Energy segment leverages strong execution and development capabilities to power a cleaner future. Role Purpose The role will support the implementation and maintenance of the Enterprise Risk Management (ERM) framework within Sembcorp Solar. This role ensures effective identification, assessment, monitoring, and mitigation of risks across solar projects and operations, aligning with corporate governance and regulatory requirements. Key Responsibilities Risk Management Framework Act as the single point of contact for risk governance, collaborating with various risk lines of defense functions to develop and execute ERM policies, processes, and tools. Communicate group policy updates to management and operational teams, ensuring timely adoption and compliance. Risk Identification & Analysis Proactively identify emerging risks in the business, including operational, financial, regulatory, reputational and ESG-related risks. Perform quantitative and qualitative risk analysis assessments for new projects (greenfield and brownfield), operations, including monetary impact analysis for property damage, business interruption, and reputational risks. Monitoring & Reporting Maintain and update Key Risk Indicators (KRIs), risk registers, challenging control effectiveness and collaborating with stakeholders to ensure practical and feasible risk mitigation strategies. Compliance & Governance Ensure adherence of business processes to internal policies, ISO standards, and regulatory requirements. Anchor audit coordination, manage audit queries objectively, and drive meaningful outcomes with clear improvement actions and timelines. Stakeholder Engagement & Advisory Embed risk culture across project teams, finance, and operations, providing advisory support for new projects and investments. Challenge group policies where necessary, securing waivers with strong justifications to balance compliance and business value. Business Continuity Develop and test business continuity and crisis management plans, ensuring exercises go beyond desktop reviews for operational readiness. Serve as the single point of contact during incidents, recommending prudent escalation decisions. Insurance Management Oversee insurance procurement for all solar project assets throughout their lifecycle, manage broker relationships, conduct tenders, and lead risk surveys to ensure fit-for-purpose insurance coverages. Continuous Improvement Drive initiatives to strengthen risk resilience and support strategic decision-making across the business. Provide leadership in challenging assumptions and fostering a proactive risk management mindset. Requirements Bachelor's degree in Business, Finance, Accounting, Economics, Engineering, or related field. Min 2 to 5 years in risk management, compliance, or audit roles. Experience in renewable energy or infrastructure sectors preferred. Possess of CRMA, FRM, or ERM-related certifications. Knowledge of risk frameworks (ISO 31000, COSO ERM). Familiarity with project risk assessment and financial risk analysis. Strong analytical and problem-solving skills. Excellent communication and stakeholder management abilities. Competencies Understanding of solar PV project lifecycle risks. Awareness of climate-related and ESG risks. Ability to use risk management tools and data analytics platforms. Certifications ISO Risk Management Professional Risk Manager (PRM)Business Continuity Certifications Our Culture at Sembcorp At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition. We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition. Join us in making a real impact#J-18808-Ljbffr
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