We are seeking an Enterprise Risk Management Lead for a 2-year-regular position (renewable) to coordinate the Enterprise Risk Management activities at the International Vaccine Institute in Seoul, Korea. (Duty station : Seoul, Korea)

Job Description

This role ensures that the company identifies, evaluates, and mitigates risks across all departments, keep adequate documentation and develop reports to the risk committee, the Finance & Audit committee of the BOT and the BOT.

Key Roles & Responsibilities

1. Enterprise risk management policy and governance body establishment and maintenance

• • ERM policy and SOPs establishment, periodic revision and company wide distribution
  • Develop and update Risk Committee charter
  • Organise and maintain minutes of the Risk committee meeting and other internal meetings related to ERM cycle.

2. ERM cycle planning

• • Annual ERM operational and evaluation schedule planning

3. ERM cycle coordination

• • Organise and manage annual ERM cycle kick off meeting
  • Ensure that all activities required as part of the ERM cycle are performed and documented as per agreed annual timelines
  • Ensure the improvement tasks and mitigation plans are implemented as agreed with and by the responsible functions; and assist the Leadership Team in assuring compliance.
  • Serve as a liaison between the various departments to ensure a consistent approach to risk management.
  • Work with external vendors as needed.

4. Reporting and analysis

• • Maintain risk management documentation, including risk assessments, mitigation plans, incident reports, and other related records.
  • Maintain a comprehensive risk register and ensure that all identified risks are accurately documented.
  • Prepare reports on risk management activities, including risk assessments, mitigation efforts, and incident outcomes, for the Risk committee, the Finance & Audit committee of the BOT and the BOT.
  • Analyze data related to ERM performance and recommend improvements to existing processes.

5. Risk management Training and awareness enhancement

• • Help design and deliver training sessions to staff on risk management procedures.
  • Promote a risk-aware culture by raising awareness of risks and the importance of risk management across the organization.

Job Requirements and Qualifications

1. Education Requirements (Specify field of studies preferred)

• • Bachelor’s degree in risk management, Project Management, Business Administration, Finance, Insurance, or a related field.
  • A professional certification in Risk Management (e.g., CRM, ARM) is a plus.

2. Related Field Work Experience (Specify people management experience)

• • Minimum of 3 years of experience in risk management, insurance, compliance, project management or a related field.
  • Experience in developing risk management strategies and performing risk assessments.
  • Familiarity with risk management software and tools is a plus.

3. Technical and Professional Skills / Knowledge (e.g., official certification, training, project, etc.)

• • Knowledge of risk management principles, policies, and practices.
  • Understanding of regulatory requirements and industry standards related to risk management.
  • Project management expertise.

4. Key Competency

• • Strong analytical and problem-solving skills.
  • Excellent communication skills, both written and verbal.
  • Ability to work independently and manage multiple tasks simultaneously.
  • Attention to detail and strong organizational skills.
  • Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

5. Language Proficiency

• • Fluency in English (written and spoken) is mandatory.
  • Proficiency in Korean is a plus.