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