OVERALL JOB PURPOSE

The Assistant Manager, Risk and Compliance is responsible for supporting the Risk and Compliance Manager with risk management, compliance reviews and basic operational/financial assessments, reviews and audits of FSD Africa and FSDAI.

KEY RESPONSIBILITIES AND ROLE REQUIREMENTS

Research and Planning

Conduct research and proper planning to support the implementation of the organization’s risk management and compliance processes:

• Contribute to the planning, designing, and implementing of overall risk management and compliance review processes for the organisation.
• Contribute to the identification and development of business areas’ risk control and self-assessments (RCSA); contribute to the development and improvement of risk and compliance assessment tools and methodologies.
• Keep abreast with developments in the relevant sectors in order to bring an informed perspective to the risk management and compliance processes.
• Keep abreast with current issues in business operations and incorporate changing business needs into the relevant risk management and compliance review tools.

Risk Management

Proactive engagement in the risk management activities including:

• Review and assess inherent risks within new processes and systems and make relevant recommendations.
• Evaluate risk with respect to standards established by the organisation, taking into consideration criteria such as cost, legal requirements, environmental factors, organisation’s previous handling of risks etc.
• Review and advise on risk mitigation measures e.g. implementation of quality systems and practices across the organisation in line with prevailing legislation.
• In conjunction with risk-owners, participate in control self-assessment and track implementation of action points for control weaknesses.
• Act as a contact person for staff queries on Enterprise Risk Management (ERM)

Compliance Reviews, Assessments and Audits

Proactively manage compliance activities in the organization that result in early addressing responses:

• Review and assess compliance risks within new processes and systems and make relevant recommendations.
• Evaluate compliance issues with respect to standards established by the organisation taking into consideration criteria such as cost, legal requirements, environmental factors, organization’s previous handling of compliance issues etc.
• Perform compliance reviews to grants, donor agreements and cooperative agreements
• Update and maintain a compliance matrix of all regulatory requirements, key policy requirements, and policy updates recommended by auditors
• Perform simple project due diligence reviews prior to approval of projects by the CEO and Pillar Heads.
• Follow-up remediation of audit findings with FSD Africa & FSDAI for resolution of open items. Update and maintain the audit and issues database
• Perform projects safeguarding risk assessments prior to approval by CEO and Pillar Heads
• Liaise with internal and external auditors as necessary to identify, describe, quantify compliance issues, and identify opportunities for application of leading practices;.
• Compile risk and compliance reports and updates in an appropriate way for review by the Risk and Compliance Manager.
• Conduct less complex reviews as instructed by Risk and Compliance Manager, CFO/CRO.

Capacity Building

Contribute towards building a culture of risk and compliance awareness and appreciation:

• Provide support, education and training to staff to build risk and compliance awareness within the organisation.
• Participate in the communication and delivery of effective risk and compliance training and awareness programs for various stakeholders.
• Benchmark against other players in the industry and on best practice recommendations.

Carry out any other duties or special assignments as assigned by the Management.

PERSON SPECIFICATIONS

Qualifications and Education

• Bachelor’s in Business Administration, Commerce, Finance or related
• Professional qualification in ACCA/CPA/CFA/ Actuarial Science/Risk Management
• Excellent written and spoken English

Essential Experience, Knowledge, and Skills

• At least 3 years of experience in a similar role with a reputable medium to large organization
• Excellent grasp of ERM principles and philosophy

Desirable

• Experience of working in a multi-cultural environment
• Good communication and relationship building skills
• Experience in business risk analysis and management
• Previous experience of working in donor funded projects.

FSD AFRICA COMPETENCIES
Competencies describe the key behaviours that drive success in all of FSD Africa’s roles, regardless of technical specialism. They have been derived from systematic research correlating performance with personal attributes. The table below indicates the level of each competency required for this role:

• Level 1: Basic
• Level 2: Foundation
• Level 3: Specialist
• Level 4: Senior Specialist
• Level 5: Leading Expert

ESSENTIAL FOUNDATIONS

• Commitment & Alignment – Level 2: Foundation
  • Demonstrates commitment to serving our partners and alignment with the values and vision of FSD Africa
• Change & Challenge – Level 2: Foundation
  • Has a strong sense of ownership that leads to learning, self-starting, taking initiative, driving change and leading development

ACHIEVEMENT COMPETENCIES

• Situational Awareness & Thinking – Level 2: Foundation
  • Thinks clearly and intentionally, analysing information objectively, understanding issues, solving problems, and making decisions
• Drive for results – Level 4: Senior Specialist
  • Is keenly motivated to achieve goals & act with accountability to deliver quality results

PEOPLE COMPETENCIES

• Relationships & Collaboration – Level 2: Foundation
  • Discerns and appreciates the values, viewpoints, or abilities of others; effectively reconciles different interests and displays emotional intelligence
• Communication & Influencing – Level 2: Foundation
  • Deliberately adjusts behaviour to accommodate others; communicates clearly, confidently, and appropriately to influence others

KEY RELATIONSHIPS

Internal Relationships : Pillar heads, Project Managers, Programme Management teams

External Relationships : External Auditors, Internal Auditors

FINANCIAL RESPONSIBILITIES : None