Summary
The Head, Risk, and compliance will strive to minimise exposure to potential risk and mitigate the impact on business performance by establishing and implementing a robust enterprise risk management framework to enable the company to achieve its strategic objectives.
Responsibilities:
Liaise with appropriate unit to develop and implement a robust enterprise risk management framework and action plans to minimize or eliminate identified or potential risk to the company’s’ business and growth plans.
Define and, in conjunction with the respective business units, update policies and procedures governing enterprise risk management, monitoring various operations to ensure compliance and promote operational efficiency.
Assess business risks and liaise with the Heads of Departments to identify potential risks, outlining findings and providing recommendations on risk mitigating strategies.
Develop monitor and tests risk management tools.
Review internal (infrastructure, personnel, processes, technology) and external (physical, political, economic, competition) factors in the operating environment to ascertain potential risk to the company’s business operations and growth plans.
Make recommendations to reduce/control risks ensuring adequate controls are put in place.
Review government legislation which may affect the company to identify potential areas of compliance vulnerability and advice on corrective actions/compliance plans.
Develop business continuity and contingency plans to deal with emergencies due to risks.
Oversee and monitor the periodic review of operational processes across the business to ascertain weaknesses, and risk management gaps and proffer improvement solutions.
Develop risk mitigation strategies for identified operational, business, financial and people risks.
Provide guidance to Heads of Departments and managers in the integration of enterprise risk management with other business planning and management activities.
Review and report on the company’s’ compliance to industry/statutory laws and regulations.
Respond to ad hoc risk issues at all levels of the organization.
Conduct risk management training/workshops to increase risk management awareness and build a risk management culture.
Maintain reports of risk portfolio performance variances and trends with analysis for recommended adjustments to controls and models.
Liaise with Administration (procurement) to ensure all relevant insurance policies are up to date and managed efficiently in order to mitigate the company’s risk in the event of loss or damage.
Experience:
Minimum 15 years cognate experience in Risk Management, 6 out of which must have been in a managerial role.
Qualification:
Minimum of a first degree in Sciences, Management Sciences, Business or Finance related discipline is required.
MBA or Masters in a related discipline is an advantage.
Relevant risk management certification.
Proven track record in improving governance, risk and compliance activities in a similar environment.
Apply via :
recruit.zohopublic.com
