Risk management Senior Analyst

Contract

This is a IICA-1 contract. This kind of contract is known as International Individual Contractor Agreements. It is normally internationally recruited only. It's an external contract. It usually requires 2 years of experience, depending on education. More about IICA-1 contracts.

Background Information - Job-specific

Background Information and organizational context

The United Nations Office for Project Services (UNOPS) is an operational arm of the United Nations, supporting the successful implementation of its partners' peacebuilding, humanitarian and development projects around the world. Mandated as a central resource of the United Nations, UNOPS provides sustainable project management, procurement and infrastructure services to a wide range of governments, donors and United Nations organizations.

UNOPS operating environment and projects are inherently risky. This makes risk management a core competence for UNOPS and a fundamental part of its Governance framework. Risk management is integral to the way UNOPS strategy is set and implemented, ensuring It is aligned with UN values, Sustainable Development Goals as well as UNOPS mandate and capabilities.

Under the direction of UNOPS Chief Risk Officer, the Risk Unit oversees the functional domains of enterprise risk, information security, internal control and risk transfer. The Risk Unit’s role is to enable and oversee that the organization’s strategy and key decisions are risk-informed, and that portfolio risk exposures are escalated and addressed in a timely and effective manner. Key to this is ensuring that appropriate risk management requirements are incorporated into Policies, procedures, processes, roles, contractual arrangements and IT systems, and to the way It engages with its stakeholders. Risks are evaluated on the basis of their potential impacts on the achievement of the set contribution goals, specific project targets and internal performance indicators and finally how they may impact the reputation of UNOPS, the UN and our wider stakeholders.

Functional Responsibilities

Under the guidance of the Risk Management and Insurance functional leads, the Risk Management Analyst is responsible for supporting the Risk Unit in reviewing and continuously improving risk management capabilities specific to policies, processes, roles, technologies, offices and project delivery contexts. The position holder is expected to support the integration of risk management into planning, decision making and performance management frameworks, as well as supporting the implementation of risk transfer solutions.

The position holder will contribute to implementation support initiatives for the regional organization and corporate functions. Risk management support:

• Support reviews of policies, processes, Terms of References and Key Performance Indicators of mission-critical roles, as well as UNOPS risk taxonomies, risk management dashboards and risk assessment criteria.
• Collaborate with key stakeholders within and outside the Risk Unit to ensure continuous on-the-job learning and harvesting of internal benchmarks
• Contribute to requirements analysis for risk reporting and IT systems and artificial intelligence adoption for risk analysis.
• Contribute to complex risk analysis and development of risk scenarios - from strategic to operational themes.
• Supports decision analysis methodologies deployment to support high-quality partnership, engagement and investment commitments.
• Assist in developing and rolling out threshold-based risk escalation protocols.
• Support the analysis of changes in risk exposure to optimize insurance coverage and other risk retention and transfer measures to mitigate identified risks.
• Assist in gathering and preparing submission material for underwriting purposes prior to renewal of insurance policies;
• Assist in the administration of corporate insurance policies, provides support and answers queries from UNOPS country offices and HQ;
• Support risk reporting from all angles (e.g. portfolio exposure, contribution, ethics, information security, security, supply chain) and through the means of data analytics, dashboard development, consolidation, aggregation and control over data integrity.
• Coordinate and track progress of the Risk unit’s implementation actions addressing assurance and oversight recommendations (e.g. audits, response plan, compliance queries, third parties due diligence);

• Provide regular updates on progress of priority initiatives agreed with the supervisor(s) and demonstrate accountability for effectively carrying out the appointed duties.

  Capacity building and knowledge management

• Contribute to develop and provide risk management and insurance training, coaching and facilitation support to UNOPS and its regional offices.
• Help develop capacity - among others - on 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.
• Support the Risk Unit management activities, to help ensure the effort is well coordinated and coherent across key functional domains.
• Ensure full documentation of risk management approaches and activities, to enhance knowledge-sharing/transfer within the team and beyond.
• Contribute to the global risk management network / community of practice, sharing innovative solutions and lessons learned;
• Follow emerging risk management approaches, remain up-to-date with trends and apply best practice.

• Promote a field-focused approach and knowledge transfer across the risk organization.

  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 support effective management of risks on an enterprise-wide basis.

Education/Experience/Language requirements

Education:

• An advanced university degree (Master’s degree or PhD) preferably in Risk Management, physics, mathematics, statistics, 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

Certifications:

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

Experience:- A minimum of two (2) years (or more depending on academic credentials) of experience in supporting the design, development, and deployment of risk management programs. - Experience in risk analysis, using quantitative and qualitative methods (required) - Experience in facilitating cross-functional data collection (required) - Experience in developing risk and control dashboards (desirable) - Experience in using python or R to build risk models (desirable) - Experience in using risk analysis tools e.g. @RISK, ModelRisk or Crystal Ball (desirable) - A prior role within risk consulting is (desirable) - Experience in supporting risk-informed decision analysis (desirable) - solutions for problem-solving (desirable) - Experience in globally operating development and/or project-based organizations (desirable)

Languages:

• Fluency in English language is required
• Fluency in Spanish and/or French considered an advantage

Competencies

Treats all individuals with respect; responds sensitively to differences and encourages others to do the same. Upholds organizational and ethical norms. Maintains high standards of trustworthiness. Role model for diversity and inclusion.

Acts as a positive role model contributing to the team spirit. Collaborates and supports the development of others. For people managers only: Acts as positive leadership role model, motivates, directs and inspires others to succeed, utilizing appropriate leadership styles. Demonstrates understanding of the impact of own role on all partners and always puts the end beneficiary first. Builds and maintains strong external relationships and is a competent partner for others (if relevant to the role). Efficiently establishes an appropriate course of action for self and/or others to accomplish a goal. Actions lead to total task accomplishment through concern for quality in all areas. Sees opportunities and takes the initiative to act on them. Understands that responsible use of resources maximizes our impact on our beneficiaries. Open to change and flexible in a fast paced environment. Effectively adapts own approach to suit changing circumstances or requirements. Reflects on experiences and modifies own behavior. Performance is consistent, even under pressure. Always pursues continuous improvements. Evaluates data and courses of action to reach logical, pragmatic decisions. Takes an unbiased, rational approach with calculated risks. Applies innovation and creativity to problem-solving. Expresses ideas or facts in a clear, concise and open manner. Communication indicates a consideration for the feelings and needs of others. Actively listens and proactively shares knowledge. Handles conflict effectively, by overcoming differences of opinion and finding common ground.

Contract type, level and duration

Contract type: ICA Contract level: IICA-1 (ICS-09) Contract duration: Ongoing (subject to satisfactory performance and availability of funds)

For more details about the ICA contractual modality, please follow this link: https://www.unops.org/english/Opportunities/job-opportunities/what-we-offer/Pages/Individual-Contractor-Agreements.aspx

Additional Information

• Please note that UNOPS does not accept unsolicited resumes.
• Applications received after the closing date will not be considered.
• Please note that only shortlisted candidates will be contacted and advance to the next stage of the selection process, which involves various assessments.
• UNOPS embraces diversity and is committed to equal employment opportunity. Our workforce consists of many diverse nationalities, cultures, languages, races, gender identities, sexual orientations, and abilities. UNOPS seeks to sustain and strengthen this diversity to ensure equal opportunities as well as an inclusive working environment for its entire workforce.
• Qualified women and candidates from groups which are underrepresented in the UNOPS workforce are encouraged to apply. These include in particular candidates from racialized and/or indigenous groups, members of minority gender identities and sexual orientations, and people with disabilities.
• We would like to ensure all candidates perform at their best during the assessment process. If you are shortlisted and require additional assistance to complete any assessment, including reasonable accommodation, please inform our human resources team when you receive an invitation.

Terms and Conditions

• For staff positions only, UNOPS reserves the right to appoint a candidate at a lower level than the advertised level of the post.
• For retainer contracts, you must complete a few Mandatory Courses (they take around 4 hours to complete) in your own time, before providing services to UNOPS. For more information on a retainer contract here.
• All UNOPS personnel are responsible for performing their duties in accordance with the UN Charter and UNOPS Policies and Instructions, as well as other relevant accountability frameworks. In addition, all personnel must demonstrate an understanding of the Sustainable Development Goals (SDGs) in a manner consistent with UN core values and the UN Common Agenda.
• It is the policy of UNOPS to conduct background checks on all potential personnel. Recruitment in UNOPS is contingent on the results of such checks.