Assistant Manager, Risk Management at MacTay Consulting

Role Summary

• This position will liaise with stake holders for the development and review of the risk management policies and procedures to mitigate threats, reduce or transfer risks and/or mitigate the effects of those which are essentially unavoidable.

Responsibilities

• Document and assess risks in a variety of sections for the development and review of the risk management policies and procedures.
• Assist in the development of Key Risk Indicators (KRIs) for identified processes, products, and services.
• Coordinate the implementation of a robust risk management process for the group
• Support business units through promotion of risk awareness, development of risk profiles, mitigation of risks and effective implementation of agreed action plans.
• Monitors and ensure compliance to established Organization wide Risk Appetite as well as for other levels or specific business sections
• Implement the group’s risk management, HSE, compliance objectives and strategies.
• Monitor and assess operational risk via Heat Map analysis for Risk and Control Self-
• Assessment (RCSA), control self-assessments and Key Risk Indicators (KRI).
• Assist to develop Business Continuity Management framework for the group
• Conduct initial review of all contracts, MOUs, agreements, and all documentation
• Assist supervisor to oversee the process of documenting and updating existing business processes across the Group
• Perform regular checks on completeness and adequacy of business process for all company operations
• Perform regular process Risk assessment to identify emergent risks
• Make recommendations on risk mitigating measures for company-wide processes
• Review performance of financial service providers on a regular basis
• Prepare recommendations for cost optimization on a regular basis
• Review projected and actual revenue/profit on significant transactions.

Requirements

• Minimum of Bachelor’s Degree / HND (Second Class Upper) / Upper Credit in any Social Sciences, Humanities or a related discipline.
• Relevant professional certifications e.g. Certification in Risk Management Assurance (CRMA),
• Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), etc
• A relevant postgraduate degree
• Minimum of 8 years relevant experience in risk management and reporting, out of which 4years must have been in an insurance company
• Experience in financial services, specifically operations or audit
• Knowledge of operational risk best practices
• Good knowledge of operational risk measurement methodologies
• Knowledge of Investment / Portfolio Management, Assets & Liabilities Management andFinancial analysis / interpretation will be an added advantage.