Job Description
Group Head of Governance, Risk and ComplianceJob Type: Contract/Interim (6+Months Fixed Term Contract) with a view to go permanent.Job Category: Governance, Risk Management, and Compliance (GRC)Location: Dublin 4 (Hybrid, 2 Days on Office, 3 Days Remote/WFH)Reports to: Chief Governance OfficerNo of staff: Circa 10Our client is an Irish State-owned company that plays a critical role in Ireland’s electricity sector and in the Irish economy, particularly in the delivery of the Irish Government’s decarbonisation and climate action targets.Their activities are regulated by the Commission for Regulation of Utilities and/or the Single Electricity Market Committee (SEMC), as applicable. They are designated as an Operator of Essential Services under Irish and EU law.As electricity can increasingly be generated without carbon emissions, it will play a crucial role in the response to climate change. The growth in Clean Electricity from low carbon and Renewable sources will require a decade of change to the Electricity System, central to much of this transformation.Their plans, operates, and develops the Electricity Transmission System in Ireland. The transmission system (“The Grid”) brings power from where it is generated to where it is needed to supply power to industries and businesses that use large amounts of electricity and to power the distribution network, which supplies electricity for everyday use in homes and businesses.As outlined in their 2023 Annual Report consolidated revenues were €1.1 billion and consolidated total assets were €2.4 billion for the year ended 30 September 2023. The current 5-year onshore network capital programme (2020-2025) is c. €1.5 billion.In 2021, they were mandated by the Irish Government to operate, develop, and own Ireland’s Offshore Transmission Grid. This new mandate will be transformative for the organisation in terms of size, scale and balance sheet requiring c. €5 billion in equity and debt financing, along with growing the capability and scale of the workforce to c. 1,000 people.In conjunction with its independent subsidiary in Northern Ireland, they operates SEMO, the All-Island Single Wholesale Electricity Market. (market size average €3.5 billion per annum).They also develops and operates interconnections with neighbouring Grids. They own and operate the East West Interconnector, a High Voltage link between Ireland and Great Britain.Along with our French counterpart, Transition System Operator (TSO) we are currently constructing the “Celtic Interconnector”, a High Voltage link between Ireland and France which will directly connect the Irish Grid and the all-island electricity market to mainland Europe. The estimate cost of this project is €1.6 billion partially funded by the European Commission (€0.5 billion). They also facilitate the connection of third-party interconnectors to the grid and are at the forefront of innovations in the industry, transitioning towards a Low-Carbon, Technology enabled smart future. They are supporting economic and social growth for future generations, meeting the need for Clean Energy, and limiting the impact of Climate Change by facilitating sustainable sources of energy.Their success is delivered through our people. We strive to exceed the expectations of their customers, their stakeholders, and the communities in which we operate. They pride ourselves on behaving responsibly and with integrity in all our dealings.Role DescriptionReporting to the Chief Governance Officer the Group Head of Governance, Risk & Governance will be responsible for the second line of defence in the three lines of Defence Model, ensuring that the Group’s Risk Management and Governance Processes are aligned tobest practice and operate effectively throughout the Group to identify and mitigate the risksfaced by the organisation in the delivery of its objectives.The role holder will drive theenhancement of the Risk Management Processes and capabilities throughout the groupproviding challenge to the business on how it operates these processes and the output thereof.The role holder will also be appointed as the Data Protection Officer for the Group with responsibility for advising the Group on its obligations under, and to monitor its compliance with, the General Data Protection Regulations (GDPR) and to be the contact point for the Data Protection Authorities.The role holder will collaborate with both internal and external stakeholders and lead cross functional teams. The role holder will be results oriented with strong people leadership, influencing and communication skills.The role holder is a member of their management team and as such is expected to actively contribute to the overall achievement of objectives.Key Responsibilities:Lead, motivate and engage a small high performing team.Develop and manage the effective implementation of the Risk Management Framework across the organisation to identify and mitigate the significant risks faced by the Group in the delivery of its objectives.Assess, monitor, and report on the effectiveness of the mitigations actions and controls implemented by the business.Promote a Risk Management Culture and work with the business to embed risk awareness so that it becomes an integral part of decision-making processes and activities.Develop the annual programme of Risk Management and Compliance Assurance activity for approval by the Audit & Risk Committee, and following approval execute and report on the programme.Maintain the integrity of the data within the Risk Management Software utilised by the Group and drive the use of this system throughout the business.Manage, monitor, and report on the Group’s Risk Register and risk profile to Executive Management and BoardProvide challenge to the business in review of individual business risk registers.Preparation of the assessment of the Group’s Principal Risks and their associated mitigation measures for inclusion in the Group’s Annual ReportAdvise management on implementation and interpretation of Risk and Governance practices and be the central point of reference for risk related queries.Monitor, assess and report on the effectiveness and efficiency of the Group’s operational governance processes to the Chief Governance OfficerMonitor, assess and report on the effectiveness and efficiency of the Group’s compliance with its statutory and licence obligations to the Chief Governance Officer, Board, Regulators and ShareholderMonitor, assess and report on the application by the organisation of its internal control processes.Interact with the Group’s Head of Internal Audit and liaise with the Group’s external auditors as required.As Data Protection Officer inform, advise, and monitor compliance by the business with GDPR requirements, provide advice regarding Data Processing Impact Assessments and act as a contact point for data subjects and the supervisory authority.Represent the Group to external stakeholders as required.Manage the risk department budget ensuring cost effective services are procured and delivered.Critical knowledge, skills and experience:Qualified to degree level or professional qualification in a relevant discipline.Substantial Enterprise Risk Management (ERM) in addition to experience and a detailed knowledge of Risk Management and Governance principlesPrior experience of successful implementation of an ERM framework in a complex organisationExperience in implementing and overseeing GDPR Compliance Processes.Strong Organisational, Planning and Process Management skills.Strong business acumen and ability to understand the overall business operating model within the context of the organisation being a commercial semi state company operating within a regulated environment.Able to build credibility and strong relationships with stakeholders in a cross functional environment with ability to influence and engage in constructive challenge.Excellent presentation and communications skills, verbal and written; ability to take information and present it to stakeholders in a non-complex manner.Ability to multi-task and prioritise under pressure of deadlines, whilst working independently.Prior experience working in the electricity sector and/or a regulated environment is helpful, but not essential.Benefits Package: Bonus 0-12%, 25 Annual Leave Days + 2 Company Days, Max pension contribution 11% employer v 8% employee), Flexible start times 08:00 -10:00 each day & 16:00 finish. Educational Support: Funding towards further education provided. Onsite Restaurant: Complementary Breakfast/Lunch onsite every dayInterested? Please send a copy of your CV to Jamie.ali@enexa-partners.com #J-18808-Ljbffr