Ongoing Recruitment UN Jobs 2023
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Main Purpose of the Job- (Job Summary)
The job holder is responsible for partnering with management to provide continual risk assessment and in the development of comprehensive policies, procedures, compliance training, protocols, internal investigations, plan and implements risk management strategies and processes.The holder is expected to have functional reporting line board audit committee and chief executive officer.
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Establish and manage departmental strategic program, budgets and resources.
Establish departmental annual program in liaison with business drivers.
Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives;
Develop, review and lead evaluation of policies, procedures and processes inconformity with internal governance and regulatory expectations;
Monitor and report on compliance with regulatory requirements;
Monitoring and evaluate implementation of all insurance business; projects, ventures and new products in conformity with regulations;
Ensure company interests in; arrangements, agreements, security documents, contracts, service level agreements, comply with legislation and regulations in liaison with legal services.
Risk enterprise roles:
Proactively identify emerging risks and report to relevant stakeholders;
Ensure establishment of an appropriate risk reporting system and that all risk reports are concise, accurate and timely, highlighting ratios and trends that may signal existing or potential problems
Continuously improve on the Enterprise Risk Management framework;
Perform bi-annual stress testing and scenario simulations;Monitor implementation of action plans to ensure risk mitigation efforts, proceed as required;
Perform business, financial and operational risk analysis that might impact financial health of the company. Reporting Roles:
Advise the Board and Management on business & ERM automation;
Liaison with Board Audit, Risk and Compliance committee, in ensuring the identification and prioritization of risks and reporting;
Manage board reporting and monitoring requirements.
Quality management roles:
Develop risk management system and train departmental risk champions on implementation;
Liaise with department and division heads on the adequacy of management proposals to manage risk areas as highlighted in internal audit reports or from independent reviews;
Identify training needs for risk management and oversee development of enterprise risk competence and awareness across the company;
Guiding integration of enterprise risk management with other organizational planning and management activities
Method of Application
If you are interested in the position and have the required qualifications, please email a detailed CV indicating the current and expected salary and cover letter clearly indicating ‘RISK AND COMPLIANCE MANAGER’ on the subject line to firstname.lastname@example.org by 23rd December 2021. Only shortlisted candidates will be contacted.