Risk Associate at Food Concepts Plc

Requisition ID: 2022
Location: Lagos

Job Purpose

• To ensure the development and implementation of risk policies and procedures in the organization

Core Responsibilities and Key Result Areas
Risk Assessment & Monitoring:

• Consult with relevant units to determine, quantify, and mitigate risks involved in establishing and maintaining various customer and industry relationships
• Perform tracking and reporting on risk strategy implementations and validating post implementation within the organization
• Proactively seek and recommend enhancements to internal processes
• Prepare and update organization risk register on weekly and monthly basis
• Investigate and report all alleged cases of fraud, waste, abuse and inefficiencies and make recommendations on appropriate preventive or remedial actions

Compliance:

• Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
• Implement set processes and controls to eliminate or mitigate potential risks
• Perform internal control functions to minimize risk in the company

Key Performance Indicators

• Quality of risk control assessments
• Quality of business improvement opportunities provided

Knowledge Requirements:

• Knowledge of legislations, its changes and developments as they affect the Food Industry,
• Knowledge of Fundamentals of Accounting
• Knowledge of Risk & Compliance standards or processes
• Knowledge of legal standards and in-house policies
• Knowledge of reporting procedures and record keeping
• Knowledge of the QSR/Food Industry practices Good interpersonal, communications and flexibility

Job Specifications
Educational Requirements:

• A good First Degree in Law, Finance, Accounting, or any other related areas

Professional Requirements:

• Membership of the ICAN, ACCA or any other related professional qualification is an added advantage.

Experience Requirements:

• Minimum of 2 years work experience in an administrative capacity in a similar industry / environment.

Decision Expectations:

• Recommend business improvement opportunities
• Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
• Assist in risk minimization

Working Conditions:

• Jobholder typically work 40 hours per week, Monday to Friday, although there may involve weekend or evening work.
• This role is largely office-based, although at times the individual may require travel to meetings held off-site, as the company has more than one office.
• The role requires precision and attention to detail, as it involves managing risks.