Risk Management Advisor

Functional Responsibilities:

Under the guidance of the CRO, Risk Management Advisor, Heads of functions and Regional leadership, the retainer is responsible – when requested – for reviewing and continuously improving capabilities specific to Policies, processes, roles, technologies, offices and project delivery contexts. The position holder is expected to provide strategic advice and implementation support on integrating risk management into planning, decision making and performance management frameworks. To build capacity and drive tangible improvements, they will manage implementation support initiatives for the regional organization and corporate functions, as agreed with their supervisor. In carrying out their duties, the Risk Management Advisor retainer is responsible for assigned projects, work-packages, activities that may require direct engagement and interaction with line management and local leadership across the corporate functions and regional organization.

Strategic risk management advice

• Support reviews of Policies, processes, Terms of References and Key Performance Indicators of mission-critical roles, as well as UNOPS risk taxonomy and risk assessment criteria. Ensure active collaboration with regional and field offices, policy owners, functional subject matter experts, strategy and change units as well as Internal Audit as part of initiative deployment.
• Support organization-wide analysis of requirements for risk reporting and IT systems, and guide the organization in using artificial intelligence for risk analysis.
• Analyse complex portfolio-wide risk exposures and develop risk scenarios ranging from strategic to operational themes. This may include supporting the effective identification and escalation of key portfolio risk exposures.
• Coordinate – and provide advice to senior management such as Regional Directors, Country Directors, Engagement Acceptance Committee members – on decision analysis methods to support high-quality partnership, engagement and investment commitments.
• Work with senior management and corporate functions and regional organization in developing and rolling out threshold-based risk escalation protocols and map those to performance metrics. Perform quality assurance of Management Team level risk metrics.
• Evaluate the effectiveness of risk responses and perform post-mortem analysis of realized incidents.
• Support UNOPS Insurance Advisor(s) in optimizing risk transfer strategy
• Delivery of these activities may require travel between UNOPS HQ and project offices around the world.
• Support management in developing and operationalising context specific risk management approaches across UNOPS regions.

Capacity building and knowledge management

• The Risk Management Advisor retainer shall develop and provide risk management training, coaching and facilitation support to UNOPS and its regional offices, with a focus on enabling better decision quality and risk prevention.
• The capacity-building activities may cover but are not limited to the following topics: risk modeling and quantification using Monte Carlo analysis, cause-and-effect analysis, data analytics for improved risk intelligence and Key Risk Indicator (KRI) development, reporting dashboards, awareness of cognitive biases, risk-informed decision analysis, Business Impact Analysis (BIA), mitigation planning and risk transfer strategy.
• Key to success in the role will be ensuring a field-focused approach, and fostering a global Community-of-Practice (CoP) for effective knowledge transfer and capturing of lessons learned.

Project management

• Project management and performance – including among others: (a) planning, (b) delivery and assurance of the agreed outputs – in line with the agreed cost, time and quality requirements, (c) key stakeholder management and engagement; (d) project performance reporting; (e) other relevant project management dimensions
• Compliance with relevant organizational policies and project management standards.
• Set and foster a positive can-do attitude
• Provide peer review support for other Advisors in the Risk unit

The position holder is expected to provide regular progress updates on priorities agreed with the assigned supervisor and hold themselves accountable for effectively carrying out the appointed duties.

Impact of Results

The successful achievement of results by the incumbent directly affects UNOPS ability to deliver against its mandate and protects UNOPS reputation. As part of the Risk Unit, the role is key to enable effective management of risks on an enterprise-wide basis, the quality of key decisions made under uncertainty, impacting the visibility and image of the UNOPS as an effective service provider in project services and management and consequently strengthening its competitive position as a partner of choice.

Education:

• An advanced university degree (Master’s degree or PhD) preferably in Risk Management, physics, mathematics, engineering, finance, accounting or related fields;
• A first-level university degree (Bachelor’s degree or equivalent) with a minimum of two (2) additional years of relevant work experience may be accepted in lieu of the advanced university degree;

Experience:

• A minimum of seven (7) years (or more depending on academic credentials) of experience in the design, development, and deployment of risk management programs
• Experience in working with senior leadership to support risk-informed decision-making, and driving cultural change in risk management (required)
• Experience in risk analysis, using quantitative and qualitative methods (required)
• Experience in facilitating cross-functional collaboration and managing projects (required)
• Experience in embedding risk management into functional Policies on program and project management, procurement, investments and financial management, HR and IT (desirable)
• Experience in using enterprise systems for risk management (desirable)
• Experience in evaluating and experimenting with artificial intelligence-based solutions to problem-solving (desirable)
• Field experience in globally operating development and/or project-based organizations (desirable)
• Experience in managing complex programmes or projects (desirable)

Languages:

• Fluent in English
• Spanish and/or French considered an advantage

Certifications:

Certifications in risk management (such as IRM or RIMS) and decision quality (such as SDRM Certificate) are considered an advantage