Risk Management Policy Analyst (GMG/SEG 3)

Job Purpose

Under the leadership and direction of the Principal Director – Enterprise Risk Management Policy, the incumbent is responsible for executing evidence-based research and analysis mechanisms to inform the development of policy initiatives and programmes, to support the advancement and application of GOJ Enterprise Risk Management Systems, legislative instruments, tools, procedures, standards and guidelines for all government entities. 

Key Responsibilities

Technical/Professional 

• Guides the establishment and maintenance of an enterprise risk management philosophy within the Government of Jamaica; 
• Researches, analyses and develops sound policy submissions and advice to enable informed decision-making on a range of Enterprise Risk Management matters in the GOJ;
• Proactively identifies and analyses policy options and emerging issues related to a range of Enterprise Risk Management in the GOJ; 
• Assesses and maintains risk maturity profiles for the Government of Jamaica;
• Identifies and analyses sector trends to continuously improve the GOJ’s risk management approach, including the identification of gaps in processes and capabilities; 
• Provides expert policy advice and information to relevant stakeholders to facilitate the appropriate interpretation and implementation of a range of risk management policies to support MDAs; 
• Develops the prioritisation and implementation of Enterprise Risk Management policy research and analysis activities to identify, evaluate and critically analyse highly complex and politically sensitive issues and concerns affecting policy outcomes to deliver effective policy resolutions; 
• Provides technical direction, coaching and peer review to the Policy team, and implements developmental strategies to build capability and capacity to deliver quality policy analysis and development needs into the future; 
• Provides tactical advice to direct enterprise risk management policy proposals and initiatives through parliamentary processes; 
• Aligns and integrates enterprise risk management policy development activities with the broader strategic policy framework of the GOJ; 
• Assist with the implementation and maintenance of an Enterprise Risk Management Framework within MDAs, processes, tools and templates that support the GOJ ERM policies and procedures; 
• Guides the development, implementation and maintenance of a strategic Enterprise Risk Management plan for the GOJ; 
• Research emerging risk assessment methodologies, models and systems;
• Develops mechanisms that are geared at guiding MDAs in identifying risks at the strategic and operational levels; 
• Guides the development of protocols to appropriately assess identified risks using severity ratings and matrix; 
• Guide the development and maintenance of strategic and operational risk registers for MDA’s in line with the ERM Framework and other guidelines; 
• Guides the development of risk response strategies/mitigation plans to manage identified risks; 
• Produces Public Sector Risk Reports working with key contributors and, supports the analysis of significant risks and the appropriate mitigation measures;
• Guides the development of quality assurance system of MDAs risk management process that ensures risk reporting aligns with organisational strategy and supports decision-making, management oversight and performance reporting; 
• Through the application of sound change management principles, drives a culture of risk management awareness and capabilities across the GOJ; 
• Identifies and analyses sector trends to continuously improve the GOJ’s risk management approach, including the identification of gaps in processes and capabilities; 
• Develop the direction of costings and analyses of alternative enterprise risk management policies to inform the Financial Secretary and DFS regarding their potential fiscal and economic impacts; 
• Guides, reviews and assists in the preparation of responses to risk management policy queries, petitions, and requests from the Cabinet Office, other GOJ stakeholders, as well as external stakeholders; 
• Liaises with senior executives in MDAs on plans and strategies for risk management issues to guide policy development and programme evaluation; 
• Maintains mechanisms to effectively monitor align of each portfolio’s risk plan, and programmes to ensure cohesive and complimentary execution of risk programme initiatives;
• Guides, reviews and assists in the preparation of decision-making documents, to include: Cabinet Submissions, Notes, Ministry Papers, Technical Papers etc. 
• Establishes and maintains liaison and linkages with MDAs, Statutory Bodies, Private Sector and Non-Governmental Organizations on risk management matters to ensure that the stakeholders’ interests are addressed in the design of policies and programmes; 
• Establishes and sustains effective working relationships with senior policy professionals and key stakeholders across the public sector to optimize engagement, consultation, negotiation and facilitation of policy alignment, implementation and response; 
• Works with relevant MDAs, industry and academia to research and understand potential issues in the enterprise risk management sector(s) in a GOJ context, and assesses and supports work by those actors to address these issues; 
• Keeps abreast of enterprise risk management policies, monitoring and evaluation initiatives to ensure adherence to international standards and competitiveness. 

Management/Administrative 

• Contributes to the development of the Branch’s Strategic and Operational Plan and Budget;
• Prepares and submits performance and other reports relating to the achievement of targets for the Branch as required and ensures timely submission of all documents/information requested; 
• Develops Individual Work Plan based on strategic alignment with MOFPS’s Operational Plan;
• Establishes and maintains various Policy Formulation and Monitoring/Evaluation Committees that make recommendations for the implementation of improved procedures and systems;
• Prepares reports and project documents as required; 
• Prepares and delivers Public Policy presentations related to Enterprise Risk Management as needed. 

Human Resources 

• Monitors and evaluates the performance of direct reports, prepares performance appraisals and recommends and/or initiates corrective action where necessary to improve performance and/or attain established personal and/or organizational goals; 
• Participates in the recruitment of staff for the Branch and recommends, promotion, and leave in accordance with established human resource policies and procedures, as well as participate in recruitment of ERM staff for MDAs; 
• Provides leadership and guidance to direct reports through effective planning, delegation, communication, training, mentoring and coaching; 
• Facilitates welfare and development of staff within the Unit and across the Public Sector;
• Establishes and maintains a system that fosters a culture of teamwork, employee empowerment and commitment to the Division’s and organization’s goals; 
• Prepares and conducts presentations for capacity building across the public sector. 

Customer Service 

• Maintains customer service principles, standards and measurements; 
• Identifies and incorporates the interests and needs of customers in business process design;
• Ensures critical success factors are identified and meet expectations; 
• Performs all other duties and functions as may be required from time to time. 

Required Knowledge, Skills and Competencies

• In-depth knowledge of the development, analysis, revision and implementation of policies, procedures, guidelines, programmes and legislation;
• In-depth knowledge of policy monitoring and evaluation frameworks; 
• In-depth knowledge of Enterprise Risk Management principles and practices;
• Strong ability to synthesize multiple ideas and complex information into a coherent summary, as in reports and briefing notes, and to make cogent recommendations for the modification or creation of legislation, policies and programmes; 
• Excellent verbal and written communication skills, with the ability to deliver presentations with tact, clarity, enthusiasm and accuracy to widely varied audiences; 
• A high level of initiative and self-motivation; 
• Demonstrated interpersonal and negotiation skills; 
• Aptitude for developing and maintaining collaborative relations with team members both within and outside the Ministry, and for functioning effectively on inter-ministerial and multi-sectoral committees and working groups; 
• Familiarity with procedures, policies and legislation governing the machinery of government;
• Knowledge of the Government processes, including policy development, financial planning, performance management systems and basic theories, principles and methods of analysis;
• Knowledge of computerized systems and software, databases 
• Excellent research skills 
• Strong analytical and problem-solving skills 
• Excellent interpersonal and team management skills 
• Excellent communication skills 
• Strong leadership skills 
• Strong customer relations skills 
• Excellent planning and organizing skills 
• Excellent judgment and decision-making skills 
• Ability to influence and motivate others 
• Proficiency in the use of relevant computer applications 

Minimum Required Qualification and Experience

• Master’s in Business Administration or related discipline 
• Certification in risk management 
• Over three (3) years’ experience in risk management and/or policy development

OR 

• First Degree preferably in Business Administration or a related discipline
• Certification in risk management 
• Over four (4) years’ experience in risk management and/or policy development

Special Conditions Associated with the Job

• Work will be conducted in an office outfitted with standard office equipment and specialized software. The environment is fast-paced with ongoing interactions with critical stakeholders and meeting tight deadlines which will result in high degrees of pressure, on occasions. 
• It may be required to travel locally and overseas to attend conferences, seminars and meetings. 

Please note that only shortlisted applicants will be contacted.