Job Ref. HR: KP1/5B.2/1/3/1650
This position will be reporting to the General Manager, Business Strategy. The key duties and responsibilities will include:
Supporting Management Risk Advisory Committee in the review of the Risk Management policy, procedures and strategy for approval and adoption.
Ensuring the Company is complying with PFM Act and PFM Regulations, ISO 9001: 2015, ISO 31000: 2009 and other laws, regulations and standards in relation to risk management.
Coordinating with the Divisional Heads and Risk Champions in monitoring high risks and emerging risks; identifying inter-functional risks; and ensuring risk management principles are extended and integrated with all Company processes.
Escalating high priority risk issues on a regular basis to the Management Risk
Advisory Committee (MRAC), Managing Director and BARC and monitor the same.
Facilitating risk assessment by providing guidance in the identification and evaluation of risk events.
Ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the Board approved risk appetite.
Coordinate with assurance providers in the review of the risk management process and ensure recommendations are implemented.
Support Heads of Divisions/Departments and Risk Champions to continuously update their risks registers and prepare risk reports and ensure safe custody of the same.
Keeping the Company abreast of developments in the risk management field.
Responsible for managing risk and implementation of mitigation strategies.
Ensuring compliance of the Company policies, regulations, standards and procedures to enhance operational efficiency.
Coaching, mentoring and developing the team to ensure optimal performance and effective succession planning.
Appointment Requirements
Bachelor's Degree in Risk Management, Actuarial Science, Engineering, Finance, Business Administration, ICT or related field from a recognized Institution.
Membership of the Institute of Risk Management, Global Association of Risk Professionals, Institute of Actuaries, Chartered Insurance Institute.
Advanced Degree will be an added advantage
Ten (10) years working experience, five (5) of which should have been at Supervisory level
Leadership skills and Communications Skills
Interpersonal skills
Problem Solving and Analytical Skills
Decision Making Skills
Creativity and innovation
Commitment to Company Vision and Values