Risk Manager at VFD Group

Role Purpose

• The Risk Manager will be responsible for embedding a best-in-class Risk management culture within VFD Group.
• Build a Risk Management framework that supports the achievement of VFD Group corporate vision and objectives.

Responsibilities

• Ensure that a full set of frameworks and policies is in place that complieswith regulation and ensures the upkeep thereof including EnterpriseRisk Framework, Risk Appetite Policy, Operational Risk Policies etc.
• Ensure that process and systems are in place for the identification andreporting of risk across all risk types.
• Identifying where risk exceeds risk appetite, or has a heightened likelihoodof exceeding risk appetite, and bring management and board attention to this in a timeous manner.
• To monitor control mechanisms implemented as part of the risk management process and assess the operational effectiveness.
• To coordinate and provide training programs related to specific riskmanagement as required and guide users where necessary.
• To conduct and document risk assessments for each function in the business unit to ascertain compliance with risk management policy, standard operating procedures and set guidelines.
• To manage business risks to ensure opportunities are proactivelyleveraged and advise the Management accordingly.
• To coordinate with Business Unit Leads on updating the risk register and tracking closure of action plans.
• To ensure business continuity test is conducted based on theapproved schedule signed off by the board.
• Drive the identification, measurement and analysis of, andreporting on, all risks in the company.
• Monitor remediation of any breaches or misalignments reportedper the above functions.
• Serve as a trusted advisor to Executive Management and BoardRisk Committee on strategic, operational, financial, and regulatory risks.
• Attend and actively participate in Executive Management Meetings,and Board Sub-Committee Meetings, providing independent riskinsights and recommendations.
• Conduct portfolio-level risk assessments, stress testing, andscenario analysis to evaluate potential impacts on capital andprofitability.
• Oversee counterparty risk management, credit risk assessments and due diligence reviews for investments and strategicpartnerships.
• Ensure compliance with applicable regulatory requirements,governance standards and industry best practices.
• Lead Business Continuity Management, Crisis Management andIncident Management programs across the Group.

Specification & Qualifications

• HND / Bachelor’s Degree in a Business-related Course, Economics, Accounting or Engineering.
• Masters’ degree in a relevant field of study or relevant professional qualification would be an advantage.
• Minimum of 5 years or more risk management with relevant experience in financial services.

Skills, Knowledge & Experience:

• Excellent organizational, analytical, time management, planning, problemsolving, oral and written communication skills with strong attention todetails.
• Proficient in the use of Microsoft applications and other computer softwaree.g., spreadsheet, database and is comfortable reviewing numbers.
• Knowledge of relevant policies in a financial environment with strongbusiness acumen.
• Good interpersonal and strong team management skill.