ROLE OVERVIEW

Responsible for managing and oversight of the applicable programs and activities or combinations thereof within the risk function. Provides significant contributions to the development, implementation and enforcement of policies, procedures, and programs designed to minimize legal and/or other risk within the established strategies of the Department and the company.

Assist in the development and maintenance of policies and procedures for the general operation of risk and compliance programs and its related activities to prevent illegal, unethical, or improper conduct.

KEY DUTIES & RESPONSIBILITIES

Risk Management

• Designing and implementing an overall risk management process for the organization, which includes analysis of the financial impact on the company when risks occur.
• Performing a risk assessment by analyzing current risks and identifying potential risks that are affecting the company and recommend remedial measures in consultation with all relevant stakeholders.
• Performing a risk evaluation through evaluating the company’s previous handling of risks and comparing potential risks with criteria set out by the company such as costs and legal requirements.
• Risk reporting tailored to the relevant audience. Educating the management about the most significant risks to the business, ensuring the heads of departments understand the risks that might affect their departments, and ensuring individuals understand their own accountability for individual risks.
• Conducting policy and compliance audits, which will include liaising with internal and external auditors.
• Develop and deliver training programs to enhance compliance awareness and knowledge among employees and management.
• Facilitate awareness and training programs on risk management, controls and compliance activities
• Reviewing any new major contracts or internal business proposals
• Audit processes and procedures and develop risk management controls and systems
• Evaluate existing policies and procedures to find weaknesses
• Prepare reports and present recommendations
• Support the continuous evolution of the Risk & Control (R&C) framework
• Develop and implement best practice standards and secure sustainable effectiveness of operational controls.
• Manage regulatory and R&C projects/initiatives in coordination with stakeholders
• Establishing and maintaining the risk framework and operating procedure
• Assist in the development and maintenance of policies and procedures for the general operation of the Risk & Compliance program and its related activities to prevent illegal, unethical, or improper conduct
• Monitor and report on the implementation of internal audit recommendations and compliance with statutory and contractual obligations
• Carry out compliance risk events, data collection, analysis and preparation of reporting, including recommendations to mitigate exposure
• Promote and reinforce a strong culture of compliance throughout the organization, emphasizing the importance of company policies/processes/governance and reporting obligation
• Conduct due diligence on vendors/suppliers with whom the business intends to establish business relationships with
• Designing and developing responsive web applications from scratch using front-end

Minimum Requirements:

• Minimum of an undergraduate degree in Accounting, Audit & Finance or related discipline with a professional qualification in e.g. (CA, CPA/ACCA, CIA or CISA)
• Active member of a relevant professional body
• Analytical with auditing and investigation skills
• Strategic thinking and problem-solving ability