Develop and implement a comprehensive risk management framework: Establish policies, procedures and methodologies to identify, assess, monitor and mitigate risks across the organization.
Ensure compliance with regulatory requirements, Stay informed about relevant regulations and ensure the organization's risk management practices comply with legal standards.
Identify potential risks: Analyze internal and external factors that could impact the organization, including financial, operational strategies and reputational risks.
Conduct risk assessments: Evaluate the likelihood and impact of identified risks, using qualitative and quantitative methods to prioritize risk management efforts.
Develop risk mitigation plans: Design and implement strategies to reduce the likelihood and impact of risks, including contingency plans and risk transfer mechanisms such as insurance.
Monitor risk mitigation efforts: Regularly review and update risk mitigation strategies to ensure their effectiveness and adapt to changing circumstances.
Prepare risk reports: Provide regular reports to senior management and the board of directors on the organization's risk profile, significant risks and the effectiveness of risk management efforts.
Communicate risk information: Ensure that relevant risk information is communicated throughout the organization, promoting a risk-aware culture.
Promote a risk-aware culture: Foster an organizational culture that recognizes the importance of risk management and encourages employees to identify and report risks.
Provide risk management training: Offer training programs to educate employees about risk management principles and practices, ensuring that staff at all levels understand their role in managing risks.
Develop and maintain crisis management plans.
Lead the response to crises, ensuring effective communication and resolution.
Ensure compliance with all relevant local, national and international regulations.
Monitor changes in legislation and update compliance programs accordingly.
Develop, implement, and enforce internal compliance policies and procedures.
Conduct regular audits to ensure adherence to internal and external compliance requirements.
Establish and maintain a robust corporate governance framework for the whole group of companies.
Ensure adherence to governance best practices and principles.
Requirements:
Bachelor's Degree in Finance or Accounting.
Finance related professinoal qualification or part qualification (CIMA, ICASL, ACCA, CIA).
Minimum 10 years of relevant working experience.
Excellent analytical skills with strong conceptual and problem-sloving skills.
Keeping up to date with industry and regulatory changers and professional standards.