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Group Business and functions Risk and Controls Manager – ()
Description
Description
We seek to recruit qualified, experienced, self-driven, highly motivated, and passionate candidates to fill the
position outlined below within the Internal Controls & Compliance Job Family
The Business and Functions Risk and Controls Manager is responsible for developing and implementing a risk
management strategy that aligns with business objectives. This role is pivotal in safeguarding the organization
against potential threats and uncertainties, promoting a proactive approach to risk management, and ensuring
business resilience.
Job Responsibilities
- Develop and implement a comprehensive First Line risk management strategy aligned with strategic objectives.
- Create a process universe for the business functions and units maintain an up-to-date universe
- Identify and assess risks across various business functions and maintain an up-to-date risk register.
- Create a risk universe for the business functions and units and maintain an up-to-date control library, Key Risk Indicators (KRIs), Key Control Indicators (KCIs)
- Liaison with department heads to integrate risk management into business and functions processes and decision-making.
- Establish and maintain risk management policies, procedures, and frameworks within the business function.
- Conduct regular risk assessments to identify emerging risks and update risk profiles accordingly.
- Monitor and evaluate Inherent risks against controls, key risk indicators (KRIs) and liaise with business functions to remediate potential issues.
- Ensure compliance with regulatory requirements and industry standards related to risk management
- Implement internal and external audit recommendations.
- Implement risk management findings and recommendations in liaison with senior management and relevant stakeholders.
- Serve as the secretary to Business Risk Forums/ DNFRC
- Serve as a member of GNFRC, GFCRC and business & functions management committees
- Train and guide employees at all levels on risk awareness and mitigation strategies within the business functions.
- Design and implement Quality Assurance programs
- Lead the development and maintenance of business continuity and crisis management plans.
- Keep abreast about changes in the business environment, regulations, and industry trends that may impact risk exposure.
- Manage a team of risk management professionals, providing leadership, direction, and support and develop an operational resilience strategy.
Qualifications
Education Qualifications
- Bachelor’s degree in business administration, business management, Finance, Law, Risk Management, or related field.
- Relevant certifications (e.g., Certified Risk Manager (CRM), Certified Internal Auditor (CIA),
- Certified Compliance & Ethics Professional (CCEP)) is a plus.
Knowledge and Experience Required
- Minimum of 3 years of experience in the relevant business function, risk management, internal controls, auditing, quality assurance, or a related field within the financial industry. · Strong understanding of risk management frameworks, internal controls, and compliance standards relevant to the business.
- Strong analytical skills with the ability to identify and assess risks across a wide range of business functions.
- Proactive problem-solving abilities, with experience in developing and implementing mitigation strategies for diverse business risks.
- Excellent verbal and written communication skills
