Overview
Responsibilities
·
Understand the strategic direction of the
business and develop risk and compliance strategies in support of the business
mandate and implement accordingly.
·
Assist the Managing Director in the formulation
of long and short-term strategy plans in line with the broad company
objectives. The incumbent then presents these to relevant stakeholders for
ratification and adoption.
·
Develop, review and maintain a comprehensive
enterprise wide risk management and compliance framework.
·
Develop, review and maintain a comprehensive
enterprise wide risk management and compliance policies and procedures.
·
Review the financial status/ performance of the
organisation and analyze Key Performance Indicators (KPIs).
·
Document the strategy into a Risk Policy with
procedures and ensure approval by the Board.
·
The Head Risk will provide the operational
managers with the tools to facilitate the full implementation of the policy
including the integration of Quality Assurance issues
·
Oversee the formulation and compilation of
departmental budget in liaison with the
finance department for adequate planning and ensure approval by Managing
Director
·
Understand the various company stakeholders and
their respective needs so as to meet their requisite needs.
·
Develop, maintain and review internal controls
management framework encompassing all units in the organisation.
·
Develop, review and maintain a comprehensive
compliance management framework encompassing all operations.
·
Assure and protect the business income and
assets from losses, thefts and frauds or other misappropriations through the
conducting of pro-active and preventive risk checks.
·
Prepare and present risk management and
compliance report to the Managing Director and to management
Requirements
1.
Degree in Risk Management / Business studies/
Banking and Finance or equivalent
2.
Corporate membership of a professional body
3.
At least 7-10 years relevant banking experience