Head Risk Management and Compliance at Alan & Grant

Zip/Postal Code: 100001

Industry: Financial Services

Job Summary
The job holder will be responsible for championing risk management practices and ensuring compliance across the organization and its subsidiaries.

Duties & Responsibilities

• Design, implement and lead a global risk management strategy for the group and its subsidiaries
• Support the Group Executives, Board and governance structures of the various subsidiaries on embedding a risk-aware culture
• Establish and quantify the organisation's 'risk appetite' and ensure risk approach adheres accordingly
• Continuous accountability for risk identification, measurement, monitoring, assessment, and control according to the annual risk management plan
• Liaise with all relevant stakeholders; internal and external (regulatory bodies, shareholders) to ensure compliance
• Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk-based challenges and offer appropriate solutions
• Continual drive for enhanced efficiency and client service (internal and external) in all Risk and Compliance processes
• Develop, lead and motivate the Risk and Compliance team to maximise effectiveness
• Ensure senior management remain informed of regulatory, legislative and best practice changes and their obligations under these changes and how they impact the Group and its subsidiaries
• Provide regular reports to the boards and other relevant bodies detailing any current issues or information as required
• Corporate governance involving external risk reporting to stakeholders
• Providing support, education and training to staff to build risk awareness within the organisation
• Provision of proactive and practical regulatory advice to business managers and support functions
• Manage the successful delivery of compliance projects ensuring technical excellence and a practical/business-driven approach. Support and lead on Group projects as assigned
• Ensure an effective internal compliance team is fully functional and all control measures are adhered to
• Maintain a centralized reporting system that captures and records any breaches in compliance
• Maintain working knowledge of relevant legislation, statutory instruments, codes of practice, and organisation policies, and ensure adherence
• Investigate all breaches and near breaches of all regulations and statutes and report material breaches in compliance as required as soon as reasonably practicable
• Manage the anti-money laundering policies and procedures and ensure the group and its subsidiaries are compliant
• Provide guidance and recommendations on corrective actions or risk mitigation of potential issues in policies, systems and employee or vendor conduct
• Responsibility for updating and maintaining all policies on risk and compliance
• Maintain up to date knowledge and understanding of appropriate regulations and internal policies and procedures, including money laundering regulations, General Data Protection Regulations, HR Handbook, firm standards of business conduct, anti-bribery and corruption, conflicts of interest, client due diligence etc.

Requirements

• Minimum of first degree in Accounting, Economics, Finance or similar role
• Minimum of 10-15 years’ experience in this role, preferably in the financial services industry
• MBA or Master’s degree in Finance or Accounting may be preferred
• Professional Risk Manager (PRM), Financial Risk Management (FRM) or other core risk management certification would be beneficial
• Knowledge and experience commensurate with this role and having dealt with at least two of the 3 key FSI regulators (CBN, SEC and NAICOM)
• Must be able to demonstrate a broad technical knowledge and expertise covering conduct of business matters, corporate governance matters and regulatory risk and regulatory change matters Practical and commercial approach to problem-solving
• Experience of influence behaviours at all levels of the organisation
• Proven track record of delivering enhancements to process efficiency
• Experience of leading and motivating multi specialism teams
• Ability to produce and present effective presentations and training sessions
• Knowledge of finance, accounting, budgeting, and cost control principles
• Knowledge and Assets and liabilities management (ALM)
• Ability to analyse financial data and prepare financial reports, statements, and projections
• Analytical skills and an eye for detail and planning and organisational skills