Group Head, Risk Management and Compliance

Reference Group Head, Risk Man
Sector Acquirer Services/Merchant Services, Business analytics / business modelling , Business Operations
Salary, Benefits & OTE Excellent
Town/City Lagos
Locations Africa, Nigeria
Job Type Permanent
Date Posted 14th May

Shortlist Apply

Job Description
Group Head, Risk Management and Compliance

. Position: Group Head, Risk Management and Compliance
Reports to: Group CEO
Job Summary: This challenging role will champion the development of an enterprise risk management (ERM) framework and facilitate the execution of ERM processes and infrastructure as a key enabler to achieving the Group’s business objectives.

The individual in this role will work to enhance the Group’s audit strategy and will oversee the execution of its risk-based internal audit plans. In addition, the role will be responsible for coordinating all internal audit efforts focused on compliance, financial reporting, operational, and IT environments to promote accountability and transparency in the Group’s business operations.
Job Responsibilities:
• Oversee the development of the Group’s integrated ERM framework and define guidelines for the development and implementation of supporting policies and procedures
• Establishes, communicates and facilitates the use of appropriate ERM methodologies, tools and techniques and works with business units to establish, maintain and continuously improve risk management capabilities
• Ensures effective alignment between the ERM process and internal audit and risk financing
• Communicate the Group’s risk management policies, risk appetite and risk limits for processes, products and projects, and work closely in partnership with senior managers throughout the Group to assess, identify and manage business and operational risks and deliver organisational effectiveness
• Create a culture of intelligent risk-taking; heighten awareness and use of advanced risk management practices through educational programs, training process, and personal mentoring with senior executives, business unit management and other staff
• Maintain regular updates on trends and advances in global risk management and ensure the knowledge and relevant information is passed to business managers across the Group
• Develop, build and execute a risk-based operational audit plan, bringing to bear best in class thinking relative to risk assessment, audit process development, and utilization of automated audit tools, including tracking audit findings through to remediation, to support the Group in identification and mitigation of business risks
• Provide an independent appraisal of the effectiveness of controls over financial integrity, operational effectiveness, IT controls for security, privacy and high availability, and compliance with laws and policies across the Group
• Communicate identified weakness in compliance and controls to executive management and propose practical and workable solutions
• Ensure the businesses entities within the Group are in full compliance with all relevant laws, regulations, and internal risk management policies and procedures
• Liaises with the Group Finance and the Group’s external auditor(s) for the execution of the annual audit
Qualifications and Experience
• First degree in Business Administration or a Management related discipline
• Relevant professional qualification (e.g. CISSP,CISM, etc.) is essential
• A post graduate degree (MBA) will be an added advantage
• Substantial experience in a senior management role in the risk management and/ or internal audit function in a major company or group
This is an exciting opportunity to join a dynamic and successful organization
 

Employer Details
Employer: Interswitch
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