Risk Manager at Vitafoam Nigeria Plc

Job Summary

• The Risk Manager will be responsible for identifying, assessing, and mitigating potential risks that may impact the company's financial stability, operations, and reputation.
• This role involves developing risk management policies, conducting risk assessments, and ensuring compliance with regulatory requirements to safeguard the company’s assets and interests.

Key Responsibilities
Risk Identification & Assessment:

• Develop and implement a robust risk management framework.
• Conduct risk assessments across departments to identify potential threats to business continuity.
• Analyze financial, operational, legal, and strategic risks affecting the company.

Risk Mitigation & Control:

• Design and implement risk mitigation strategies to reduce business exposure.
• Work closely with internal stakeholders to ensure compliance with risk policies.
• Monitor and assess the effectiveness of risk controls and update strategies accordingly.

Regulatory Compliance & Governance:

• Ensure compliance with all regulatory requirements and industry standards.
• Liaise with regulatory agencies, auditors, and other external bodies regarding risk matters.
• Stay updated with industry trends and legislative changes that may impact the business.

Reporting & Documentation:

• Prepare risk reports for senior management and board members.
• Maintain comprehensive records of risk incidents, assessments, and mitigation actions.
• Provide recommendations for improving risk management policies and procedures.

Crisis Management & Business Continuity Planning:

• Develop and oversee business continuity and disaster recovery plans.
• Conduct risk awareness training for employees to foster a risk-conscious culture.
• Lead incident response efforts during crises to minimize business disruptions.

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Risk Management, Economics, or a related field.
• Professional certification such as CRISC, CRM, FRM, CFA, or ACCA is an added advantage.
• Minimum of 5 years of experience in risk management, preferably in a manufacturing or FMCG environment.
• Excellent knowledge of risk assessment tools, regulatory compliance, and corporate governance.
• Ability to communicate effectively with senior management and external stakeholders.