Develop and implement risk management strategies, policies, and frameworks in line with the institution’s risk appetite and regulatory standards.
Maintain a business risk register and support management in its effective use.
Monitor and assess various risks, including operational, reputational, and those specific to the company’s business model.
Lead the integration of the operational risk management framework into the overall risk management structure.
Ensure risk management policies and controls are communicated and implemented across the organization through training programs.
Collaborate with business units to identify and manage risk exposures from new products, services, or initiatives.
Guide risk mitigation strategies and best practices.
Conduct regular risk assessments and audits to identify, evaluate, and mitigate risks.
Chair risk workshops with senior management to foster a proactive risk culture.
Prepare focused risk management reports for executive committees and the board, highlighting trends, deficiencies, and recommendations.
Lead the development and maintenance of the Internal Control Framework, including key performance and risk indicators (KPIs/KRIs).
Offer advisory services on new systems, procedures, and services, providing technical control or project governance advice before implementation.
About you:
Bachelors Degree in Business Administration or a related field of study as well as professional qualifications and certificates in risk management and operational risk management would be highly beneficial
Minimum of three years’ experience of working in the area of risk management in a regulated entity in the banking, financial institutions or insurance industry or as a consultant providing advice in risk management to such regulated entities.
Proficiency in working with industry-standard risk management tools and software, enabling efficient risk identification, analysis, and mitigation.
Sound knowledge of relevant regulatory frameworks and industry guidelines.
Strong analytical abilities and the aptitude to identify, assess, and manage risks effectively. Proven experience in developing risk mitigation strategies and implementing risk controls.
Exceptional verbal and written communication skills, enabling effective stakeholder management at all levels. The ability to convey complex risk concepts in a clear and concise manner is crucial.
Fluency in English is required for this role.
Benefits
Relocation Support.
Competitive compensation package: Permanent contract, competitive salary, insurance (private medical, dental, accident, illness, and life insurance), and free parking.