Our client, operating in the Payments industry is looking to recruit a meticulous Risk Manager to hold a pivotal role in setting up their risk framework. The chosen candidate will be reporting to the Chief Risk Officer and working closely with the board.
Responsibilities:
- Design and execute risk management strategies, policies, and frameworks aligned with the institution's risk tolerance and regulatory requirements.
- Maintain the business risk register and assist management in optimizing its utilization.
- Oversee and evaluate a variety of risks, including operational, reputational, and those unique to their business model.
- Spearhead the integration of the operational risk management framework into the broader risk management system.
- Ensure organization-wide communication and implementation of risk management policies and controls through structured training programs.
- Work closely with business units to identify and address risk exposures related to new products, services, or initiatives.
- Offer expert advice on risk mitigation strategies and industry best practices.
- Perform routine risk assessments and audits to identify, assess, and mitigate potential risks.
- Facilitate risk workshops with senior leadership to promote a proactive approach to risk management.
- Create detailed risk management reports for executive committees and the board, emphasizing key trends, gaps, and recommended actions.
- Lead the development and upkeep of the Internal Control Framework, including key performance and risk indicators (KPIs/KRIs).
- Provide consultancy on new systems, procedures, and services, delivering technical control and governance advice prior to implementation.
Requirements
- A minimum of 3 years of experience in a similar role specialized on Risk with a regulated entity
- Proven experience in developing risk mitigation strategies and implementing risk controls
- Sound knowledge of relevant regulatory frameworks and industry guidelines
- Excellent written and spoken English
- A self-starter who is assertive, takes initiative and enjoys a challenge
Education and Experience
- Ideally a degree level of education or higher in a related field
Benefits
- Gym membership
- Performance bonus
- Health and life insurance
- Childcare facilities
- Parking facilities
Job Reference: RB446
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