• The role holder is responsible for developing and implementing the Group Third Party Risk Management Program across Equity Group Holdings and its subsidiaries. This program supports Equity Group’s strategy by ensuring adequate due diligence, periodic risk management and ongoing relationship management that boosts value addition from the Group’s supply chains.
• The Group’s partners span from technology partners, Social and Environmental transformation partners, Trade and Investment Partners, Manufacturing and logistics partners etc. Which drives the need for strategic supplier/thirdparties management across the enterprise.

Job Responsibilities/ Accountabilities/ Operational Efficiency:

• Promote regulatory compliance by keeping abreast and raising awareness of CBK, BNR, BOT, IRA and other regulators’ requirements, pertaining to management of the Group and its subsidiaries engagements with external partners.
• Provide balanced and informed assessment of operational risks arising from acquisitions and major change initiatives related to the Group’s strategic partnerships.
• Report and escalate third-party risk events/incidents in a timely manner and monitor issue resolution to ensure timely responses are provided
• Compile third-party risk reports, dashboards and metrics for management, committees and board reporting.
• Challenge the completeness of risk identification, monitoring and control activities across Third-party Risk Control Areas within the business & support functions and identify and address any significant gaps that may exist between them.
• Validate and challenge each department’s risk identification and assessment of inherent and residual third-party risks arising from its end-to-end processes and identify any gaps.
• Set the boundaries for First Line activities through the definition of risk frameworks and policies
• Intervene to curtail business if not in line with existing or adjusted risk appetite, there is material noncompliance with policy requirements or when the existing controls do not effectively manage risk
• Review and challenge risk remediation plans set by the First Line to mitigate Risk Appetite breaches or issues
• Promote positive risk culture and risk awareness across the Group

Required Skills and Qualifications

• A bachelor’s degree in a relevant field
• A master’s degree in business related field
• A risk management certification such – ORM (PRMIA); or PRM (PRMIA); or CORM (IRM) or FRM (GARP) among others.
• IT Risk related certification such as CRISC desired