Operational Risk Management Officer at Human Capital Partners (HCP)

Key Duties and Responsibilities
Operational Risk:

• Support the planning, designing and implementation of the Authority’s overall risk management process.
• Support the process for identifying critical business processes and relevant control mechanisms.
• Conduct periodic risk assessments to analyse, identify, describe and estimate the risks inherent in the Authority’s activities and provide recommendations to address identified weaknesses.
• Liaise with the Unit Head to develop and implement the business continuity management framework for the Authority.
• Support the process of designing and implementing recovery and crisis management plans.
• Promote awareness and assist in embedding an improved risk and compliance culture within the Authority.
• Collaborate with other Unit Heads to address new and/or emerging risks that may occur as a result of changes in regulatory, government policy, NSIA’s strategy and business focus.
• Document the occurrence of operational risks and investigate such incidences.
• Support the implementation of a detailed emergency response and associated operational activities.
• Support the implementation of techniques & methods of training, testing & maintaining business recovery plans.

Compliance:

• Coordinate compliance monitoring and enforcement of set rules and regulations as defined within all applicable regulations guiding the Company’s operations e.g. AML/ CFT reporting etc.
• Liaise with functional heads within the Company and support processes for ensuring full compliance across board with all applicable regulatory requirements.
• Support the Head, Risk & Compliance in managing relationships with regulators and other relevant statutory bodies to facilitate prompt and effective resolution of compliance-related issues.
• Create company-wide awareness on key regulatory issues impacting on the company’s operations and liaise with Human Resources to organize compliance related trainings (e.g. periodic AML awareness exercises).
• Conduct periodic compliance audit/ reviews in liaison with Legal and Internal Audit.
• Support policies and procedures management.
• Any other responsibility as may be assigned by the Head, Risk and Compliance.

Competencies and Skills Requirements

• Bachelor’s degree in finance, business, risk management or a related field.
• Relevant post-graduate/ professional qualification.
• Membership to relevant professional body will be an advantage.
• 8-10 years cognate experience.
• Experience in financial services, specifically operations or audit will be an added advantage.
• Knowledge of operational risk and compliance best practices.
• Good knowledge of operational risk measurement methodologies.
• Environmental / Industry Analysis.
• Knowledge of Investment / Portfolio Management, Assets & Liabilities Management and Financial analysis / interpretation will be an added advantage.