The Risk and Compliance Officer manages the day-to-day operations of risk mitigation and policy and procedures development, ensuring that the business meets its compliance and assurance obligations as determined by all relevant external organizations
Duties& Responsibilities
To Design And Oversee The Company-Wide Risk Management Strategy, Aligning All Risk Management And Associated Internal Control Activities To Support Achievement Of Business Objectives.
To Facilitate The Integration Of Risk Management Policy And Strategy Into All Department’s Strategies And Activities.
To Design And Implement An Overall Risk Management Process For The Organization, Which Includes An Analysis Of The Financial Impact On The Company When The Risks Occur.
Ensure That Risk Identification And Assessment Activities Are Performed Across The Company On a Regular Basis, Standard Operating Procedures (Sops) Are Reviewed And Challenged Where Necessary And Appropriate Escalation Procedures Are In Place.
Prepare Risk Management And Insurance Budgets Prior To The Occurrence Of Risks.
Keep Up To Date On Legal And/or Regulatory Changes That May Impact The Business And Make Recommendations Where Existing Policies And Procedures May Require Review.
Reviewing Contracts To Ensure Compliance With The Company’s Policies And Commercial Viability.
Responsible For The Set-Up, Management And Coordination Of The Risk Department
To Facilitate Risk Management Knowledge And Best Practice Sharing Across The Company, With Reference To External Best Practice Where Appropriate.
Qualifications
Professional Qualification in Actuarial Science, Professional Risk Manager or Financial Risk Management.
Master’s Degree in finance an Added Advantage
Bachelor's degree in Finance, Accounting, Mathematics, Statistics, Business Administration, or a related field.
2 years’ experience in a similar role
+5 years’ experience with risk and compliance in the financial services sector or in a highly regulated environment