Overview
The Risk Specialist will support the Head of the Integrated Risk Management Unit in implementing risk management strategies through risk analysis and support.
Key Responsibilities
- Identify, assess, and manage programme and operations risks.
- Conduct desk reviews and research for due diligence.
- Gather, analyze, or evaluate information from public sources and investigation reports.
- Conduct forensic review of documents to identify red flags.
- Ensure compliance with sanctions regimes and AML/CFT policies.
- Provide risk reporting and communicate risk standards.
- Formulate recommendations for risk treatment and mitigation.
- Incorporate ERM policy, Social Environmental Standards, and AML/CFT in programmatic initiatives.
- Advise on improvements to partner risk assessment tools and processes.
- Monitor and update corporate dashboards on risk management indicators.
- Review and monitor project risk dashboards.
- Advise on risk assessments and coordinate due diligence of high-risk development partners.
- Review cases of suspected malpractice and assess fraud and corruption risks.
- Provide support to partner/programme and country office audits.
- Liaise with internal and external audit and investigation bodies.
- Conduct due diligence and verification of documents and processes.
- Build and maintain partnerships with internal and external stakeholders.
- Liaise with trusted partner sources and build trusted channels.
- Build, liaise and maintain partnerships with UNDP existing and prospective donors.
- Facilitate risk management dialogue with compliance, programme and operations colleagues.
- Promote collective risk management and risk-sharing approaches.
- Handle and manage information in compliance with organization’s policies.
- Contribute to the development and enhancement of the risk management program.
- Facilitate and deliver risk management learning curricula.
- Build capacities of CO teams and UNDP partners on organizational risk management best practices.
- Draw lessons and best practices for continuous improvement.
- Contribute to developing SOPs and protocols of the Unit.
Required Experience
A minimum of (5) Five years (with master’s degree) or (7) seven years (with bachelor’s degree) of professional experience in risk management, investigation, audit and finance, law enforcement with international/governmental organizations is required. Experience and knowledge of international standards on risk management (ISO31000, The Committee of Sponsoring Organizations of the Treadway Commission (COSO), Enterprise Risk Management) is required. Proven experience and knowledge in the design, implementation and evaluation of risk management related training programs and initiatives is required. Demonstrated ability in providing high-quality service delivery is required. Previous experience in investigation/intelligence, and fraud examination is desirable. Knowledge, certifications / qualifications in fraud examination/anti-fraud specialist or anti-money laundering/countering financing of terrorism is desirable. Experience in forensic document examination is desirable. Prior UN/UNDP experience and familiarity with its policies and procedures, particularly in the applicable job area, is desirable. Previous experience in conflict/post conflict countries is desirable.
Qualifications
An advanced university degree (master’s degree or equivalent) in Risk Management, Business Administration, Accounting, Statistics, Law, or in another relevant field is required. OR A first-level university degree in the areas mentioned above, in combination with two additional years of qualifying experience will be given due consideration in lieu of the advanced university degree.
