Reports To: MD/CEO & Board Risk Management Committee.
As Risk Manager your duties will include, but are not limited to:
Devising a risk management strategy for the organization in line with global risk strategy and the Guidelines issued by the National Pension Commission (PenCom).
Monitoring and evaluating risks associated with investment activities. The main risks include: market risk, credit risk, liquidity risk and operations risk.
Undertaking risk assessment and reporting on an on-going basis in line with the policies established by the Board of Directors.
Devising risk mitigation strategy including Business Continuity and Contingency Planning.
Acting as an adviser to the organization to enable all strategic, management and operational tasks of the organization to be aligned to a common set of risk management objectives.
Preparing regular reports on the effectiveness of the risk environment for the Management and Board of Directors as may be required from time to time.
Undertake risk assessment by analyzing risks as well as identifying, describing and calculating the risks affecting the business.
Establish a Risk Management System that includes setting and monitoring policies so that all major risks are identified, measured, monitored and controlled on an ongoing basis.
Produce written policies (categorization of risks, implement and facilitate appropriate risk strategy).
Devise a risk mitigation strategy including business continuity and contingency plan.
Develop a risk management system which includes reinsurance arrangements, internal control systems, IT systems, policies and procedures to be adequate for the nature and scale of the company’s business functions.
Support management in strategic management, investment and operational tasks throughout projects, functions and processes to align with the set risk management objectives.
Engage in functions that may be assigned by management
Bachelors Degree in Economics, Finance, Accounting, or business-related field from a reputable institution. Professional qualifications will be helpful, but not required.
A minimum of ten (10) years experience, five (5) of which must be in Risk Management; preferably from the financial services industry or related environment.
A professional certification on Risk Management.
The ability to design and implement systems suitable to a challenging and volatile environment will be an advantage.
Knowledge of the Pension Industry and Asset and Liability Management (ALM) will be added advantage.
Analytical skills and an eye for detail
Planning and organizational skills
Ability to understand broader business issues
Communication and presentation skills