Mubadala is an investment and development company supporting the diversification of the Abu Dhabi economy through active global operations and capital deployment in multiple sectors.
Wholly owned by the Government of Abu Dhabi, Mubadala was created in 2002 to generate sustainable financial returns for its shareholder and deliver socioeconomic benefits to the emirate.
It has a portfolio valued at AED 246.4 billion (US 67.1 billion), and assets in more than 20 countries.
The company works in partnership with world-class organizations to build integrated global businesses and establish investment platforms, strengthening Abu Dhabi’s competitive position in sectors such as aerospace, semiconductors, metals & mining, oil & gas, renewables, information & communications technology, healthcare, real estate & infrastructure, utilities, and defense services.
Internal Audit helps Mubadala ensure it is managing its risks as effectively and efficiently as possible. We report to the Mubadala Audit, Risk and Compliance Committee, a sub-
committee of the Board, and provide them with comfort that Mubadala’s investments are being managed appropriately. We aim to be collaborative partners and trusted advisors for the business, by delivering audits, advisory reviews and supporting the Business Units on Audit, Risk and Compliance Committees at our investments
As Mubadala moves to the next phase ofmaturity our focus is to realize the value of our assets and expand ourinvestment footprint globally.
To ensurewe do this effectively, we have strengthened our Risk Management approach bydeveloping and implementing an Enterprise Risk Management Framework.
This willenable us to provide insight into the risks we face and better inform decisionson our portfolio, individual investments and operating assets.
The SeniorSpecialist of Enterprise Risk Management will support with the implementation of theEnterprise Risk Management framework, focusing mainly on risk assessment,monitoring and reporting activities.
They will support with the planning andexecution of risk assessment at platform and operating asset levels, compileand manage risk data through the Risk Information Management System, and assistwith the preparation of risk reports.
They will also provide support toMubadala corporate and business platforms and assets, as required.
Support with the revision of ERM Frameworkdocumentation as part of continual review and improvement of Mubadala’sEnterprise Risk Management approach.
Collect and compile risk information from varioussources and in various formats;
Aggregate information and perform data analysis toenable the prioritisation of risks and assessment of risk concentrations,correlations and interdependencies;
Undertake continuous monitoring and reporting onrisks at various levels in the organisation;
Prepare risk reports for various audiences.
Assist with the planning and preparation of materialsfor risk assessments;
Support with the execution of risk assessments,mainly for business platforms and assets;
Provide support to Business Platform teams, regardingthe management of risks, as required.
Support with the implementation of functionalpolicies, systems, processes and procedures, and continuously identifyopportunities for improvement to ensure compliance with Mubadala’s standardsand regulatory requirements, aligned to business requirements, and to increaseoperational effectiveness.
Perform other related duties or assignments, asrequired.
Knowledge, skills and experience
Bachelor degree in Finance, Accounting, Economics,Engineering or a quantitative science. Masters degree or higher is preferred;
Certified or working towards a professionalcertification in Enterprise Risk Management, Financial Risk Management,Investment Management, or Financial Analysis.
Minimum of 5 years of directly relevant experience inERM, Business / Financial Analysis, or Financial Risk Management, within leadingconsulting firm, financial institution (investment focus preferred), or with amajor organisation in an industry in which Mubadala has significant interest;
International and GCC experience.
Knowledge of leading practices, concepts and trendsin ERM in different organizations and asset classes (private equity, publicequity, real estate, and funds);
Clear understanding of Enterprise Risk ManagementStandards (ISO3100, COSO, Bespoke Corporate) and the relationship between ERM,Financial Risk Management, Internal Audit, Business Continuity and ComplianceManagement;
Familiarity with Governance, Risk and ComplianceInformation management software and well-known sources ofinformation / intelligence on risk;
Good research and analytical skills;
General awareness of the organizational context androle of Sovereign Investment Funds;
Experience of conducting desktop analysis, interviewsand workshops, in the context of risk management;
Excellent report writing and presentation skills;
Excellent verbal and written communication skills inEnglish and Arabic.