Ref.
2025/RMEERSDWTSPFOU/12427
Job offer type
Experts
Type of contract
Service contract
Deadline date
2025/01/30 23:55
Duration of the assignment
Short term
Contract
Freelancer
Duration
tbd
Risk Management Expert - Early Response System Development within the State Property Fund of Ukraine (M/W)
Cellule coordination géographique > -
Published on : 2025/01/02
CONTINENTAL EUROPE
UKRAINE
KYIV
Mission description
1. Objective of the Position
Supporting the review, the update, and the improvement of the Fund existing risk procedures & processes.
2. Key Responsibilities
- Participating in the review & assessment of existing risk procedures and processes
○ Along with the project team and business analyst, develop a template for inventorying and describing risk procedures & business processes;
○ Develop a template for evaluating strengths and weaknesses of existing risk management system;
○ Conduct interview with users of ERS and actors of the risk management system
- Challenging existing risk management system
○ Analyzing the efficiency and relevance of existing business processes through their assessment against pre-determined KPIs.
○ Performing gap analysis of existing risk management procedure
○ Develop proposal for updating & improving risk management system, risk procedures, and risk tools, including : risk mapping, action plans.
○ Propose improvements based on international standards, best practices, and personal experience.
- Review of the technical requirement for ERS
○ Ensure that technical requirements for ERS reflects optimum business processes on risk management
Project or context description
1. About the Project
Expertise France assists the State Property Fund of Ukraine for the improvement of the management of public properties and assets under its responsibility. In particular, this involves incorporating reforms into the governance of state-owned enterprises, and introducing systematic and automated asset management processes for the SPFU.
The large number of state-owned enterprises in Ukraine (over 3,000) calls for effective management and governance procedures to ensure a significant source of revenue for the state budget, in proportion to the value of these assets. In a context of extreme pressure on the country's public finances, the implementation of these reforms is essential to contribute to the resilience of Ukrainian public finances. It has 3 main objectives:
o Improve the management of the SPFU's portfolio of state-owned enterprises through the development of a risk management system;
o Support the implementation of reforms in the governance of state-owned enterprises;
o Contribute to the incorporation of international standards and practices concerning the management of public entities into Ukrainian legislation.
2. About the Component
More specifically, the Expert will work on the Component 2: Support for automation of corporate governance of state-owned enterprises: development of the Early Response System (ERS).
Given the significant increase in the number of state-owned enterprises under the management of the State Property Fund and the lack of effective mechanisms for timely identification and minimization of risks associated with the management of state property, the Fund faces serious challenges. In this regard, several levels of risks have been identified, caused mainly by analog methods of state property management. These include:
● Problems of integration and coordination:
o State property information is stored in different, unintegrated automated systems. This leads to disparate databases, making it difficult to obtain complete and up-to-date information on the state of state assets.
o Lack of integration between systems makes it difficult to coordinate between different departments and services involved in the management of state property, often leading to duplication of efforts.
● Limited opportunities to anticipate and minimize risks associated with state property management:
o Fragmentation of systems does not allow for comprehensive data analysis, which limits the ability to make informed management decisions.
o The lack of forecasting capabilities prevents the implementation of a proactive approach to risk management, which in general reduces the efficiency of state property management and creates a risk of losses.
● Inefficient use of state assets:
o State assets may be used inefficiently or remain unused, reducing their efficiency and economic return.
● Increased risks of delays and human error:
o Control and monitoring processes are performed manually, which increases the likelihood of errors and slows down processes. On the contrary, staffing problems (e.g., lack of staff) can also negatively affect the management of state property.
o The creation of the Early Response System will help prevent inefficient use of state assets, reduce the likelihood of abuse and loss of revenue for the state budget, as well as other unforeseen consequences.
Component objective: The objective of the component is to create an effective information and communication system for automated detection, analysis and minimization of risks in the field of state property management, which will ensure increased transparency and accountability of state asset management processes, as well as allow timely response to identified risks.
Required profile
● Education:
○ Higher education in the field of finance, corporate governance, or business administration
● Experience:
○ At least 10 years of experience in risk management and/or compliance and/or corporate governance;
○ Previous experience in provision of advisory services in international environments would be a plus;
○ Experience in financial analysis activities to support risk strategy ;
○ Strong understanding of banking regulations, risk, and/or compliance.
○
● Skills:
○ Confident in multicultural context ;
○ Quick understanding and analysis of new contexts and their features ;
○ Strong communication skills ;
○ Ability to challenge existing state of play ;
○ Solution-orientated;
○ Strong organization skills, initiative, and detail oriented;
○ Strong collaboration and executive presence; ability to work with senior level executives and cross functionally.
● Languages: English - Fluent; Ukrainian would be a plus.
Selection criteria for applications
The selection process for candidates will be based on the following criteria :
- Candidate’s skills linked with the expert mission
- Assessment of the candidate's skills in the sought-after domain
Deadline for application : 2025/01/30 23:55
Expertise France is the public agency for designing and implementing international technical cooperation projects. The agency operates around four key priorities :
- democratic, economic, and financial governance ;
- peace, stability, and security ;
- climate, agriculture, and sustainable development ;
- health and human development ;
In these areas, Expertise France conducts capacity-building initiatives and manages project implementation, leveraging technical expertise and acting as a project coordinator. This involves combining public sector expertise with private sector skills to drive impactful results.