Control & Governance Manager

Role : Control & Governance Manager
Location : Abu Dhabi

Role Purpose:

– To deepen and institutionalize effective ‘control and governance’ across Vendor Management and Centralized Procurement operating model and support the HoD meet the strategic objectives of the ADIB including but not limited to the following:
 

• Responsibility to ensure effective control and governance within VMCP’s operating model including policy and procedures and procurement technology.
• Ownership of Outsourcing Policy and drive adoption, strict adherence across the lifecycle.
• Build, effective proactive reporting and dashboards to increase control and governance.
• Build effective internal relationships to drive synergies and awareness
• Effective stakeholder engagement to increase awareness of risks to governance and control
• Proactively identify and reduce ADIB Risk across the supply chain
• Proactively engage as a SME from a risk, governance and control perspective for all stakeholders for supply chain requirements including IBG

Key Accountabilities of the role

Thought Leadership
 

• Lead VMCP control, governance and risk reporting mechanisms to ensure reports provided to stakeholders with key information.
• Identify opportunities to raise awareness of Outsourcing Regulations and institutionalize control and governance for adherence to Regulations
• Engagements with external thought-leadership to analyse industry better practices and identify opportunities to incorporate within ADIB
• Own and develop risk management strategies for ADIB engagements with strategic and critical vendors

Business As Usual Focus
 

• Review of department P&P, mapping to technology to identify enhanced ways to identify and manage/mitigate risks
• Drive the adherence and adoption of the Outsourcing Policy
• Develop and implement formal awareness campaigns to ensure wider and appropriate understanding and adherence of third party risk
• Proactive review of ADIB vendor commercial directory to, risk management and alignment to ADIB overall objectives
• Reporting and Management of VMCP audit and governance findings
• Responsible for department reporting activities incorporating, risks BRCC, RSCA, ORM etc.
• Establish risk modelling for VMCP.

Governance & Controls
 

• Ensure effective controls are in operation to reduce the potential financial loss
• Develop robust departmental KPI and KRI to ensure risks and value are identified and map to ADIB objectives
• Develop suite of reporting tools to enable VMCP to demonstrate its compliance to all associated metrics
• Act as point of contact for all engagements with Audit, ORM, ICD (etc.)

Financials & Benefits Realization
 

• Where requested effectively lead major vendor negotiations to reduce, mitigate and manage risk
• Quantify risk, governance and control into financial data to highlight the value proposition.

Specialist Skills / Technical Knowledge Required for this role:

• Procurement operational and category buying experience.
• Deep awareness of risk in supply chain and third party risk.
• Risk modelling awareness.
• Effective Customer engagement skills.
• Data analytics and reporting experience.
• Excellent presentation skills.

Previous experience:
 

• Minimum 12 years procurement experience
• Professionally qualified (CIPS) (or working towards), Legal awareness (LLB) and/or experience in Financial Services