Our client is looking for a Risk Manager who will assist the Group Risk Officer in the overall management of risk activities across the Group operations. This mainly includes enhancing the risk culture, performing risk reviews, devising risk strategies, implementing & enhancing the risk framework & BCP, timely reporting to stakeholders, in line with governance best practice and obligations.
Main Responsibilities
- Manage the risk department at Group level, for Mauritius & East Africa.
- Be responsible for the development and implementation of a detailed business risk management framework for the group
- Develop and manage a comprehensive framework for assessing, identifying, monitoring, and reducing pertinent business risks
- Advise Management on overall corporate governance and best practices in risk management
- Ensure that the Companys risk portfolio is within our Risk Appetite Framework
- Analyse and classify risk according to frequency and potential severity and measure financial impact of risk on the group
- Perform risk reviews and report control deficiencies to the Risk Committee
- Submit risk reports as and when required
- Assist the Risk Committee in integrating risk management with the strategy development process
- Assist in developing risk mitigation strategies for the organisations critical risks
- Assist higher management and Risk Committee to develop and communicate risk management policies
- Provide an independent view regarding proposed business plans and transactions
- Create a culture of intelligent risk-taking, heighten awareness and use of advanced risk management practices through training with staff and assistance to Management Team
- Maintain regular updates on trends and advances in global risk management
- As the BCP project lead provide training to all staff to ensure that the concept of the BCP is clear and as the current BCP Coordinator, ensure that the BCP is duly implemented and coordinate all tasks in case of a BCP event
- Coordinate the ORSA (Own Risk and Solvency) process
- Promote a strong risk culture and heighten awareness
- Manage the risk aspect of integrations and lead in key steps like gap analysis and remediation (for e.g.,the integration of newly acquired affiliates)
Job Requirements
- Degree in Law or Finance or in a related field or at least 5 years in a similar position;
- Experience in insurance or in the financial services industry for at least 3 years will be a definite
Advantage;
- Ability to work autonomously, cope with pressure and manage multiple stakeholders confidently;
- Good interpersonal, communication and project management skills;
- Proven experience in dealing with risk matters;
- High degree of professional ethics and integrity;
- Highly organised and detail oriented;
- Fluency in French and English.
