Enterprise Risk Manager at Paga Nigeria

Job FieldICT / Computer
Job TypeFull-Time
EducationBA/BSc/HND
LocationLagos State
Experience7 years

Location: Yaba, Lagos
Sector: Financial Services
Grade 11
Reports To: Head, Risk & Compliance

About The Role

  • The Enterprise Risk Manager will be responsible for supporting the head in the development, re-design, implementation and maintenance of the risk management framework within Paga in line with the company’s strategic plans and its 3rd party activities.
  • This includes developing and maintaining detailed risk management policies and processes and working with key business stakeholders to facilitate the embedding of these across the organization.
  • The Risk Manager will also be responsible for the ongoing review and challenge of risk framework effectiveness and the implementation of risk management best practice.  

Primary Responsibilities
Managing Relationships:

  • Provide support to key business stakeholders in implementing the risk framework
  • Work closely with the Head of risk in defining the company’s risk appetite
  • Manage the relationship with the 3rd party outsourced provider risk representatives
  • Engage with company-wide risk champions
  • Primary contact for significant incidents or risk events

Managing Process and Administration:

  • Provide support to the Head of risk, in the design, documentation, communication and implementation of the risk management framework
  • Prepare, maintain and communicate detailed risk management policies and processes including the risk control self-assessment process.
  • Lead the risk assessment process for the company’s key products and projects.
  • Assist in the annual review of the risk management policy in preparation for Board sign off, communicating amendments to business areas as required.
  • Assist with the roll out of the risk control self-assessment and annual policy compliance processes, working with business stakeholders and 3rd party providers where appropriate
  • Scope and deliver the ongoing self-assessment of risk management processes and procedures, scoping, agreeing and implementing improvements as required
  • Review, assess and report significant risks and issues identified or reported by the business in line with the incident management process and assist the business in defining and agreeing remedial action
  • Assist business lines in identification of key risks and mitigating controls as well as action plans to address any gaps in the mitigating measures identified.
  • Monitoring the implementation of action plans to address key risks on the risk and control self-assessments/risk registers.
  • Prepare and collate monthly risk reporting to the Head of Risk, Compliance and internal Audit and management.
  • Challenge and periodically assess business area control assessments, including 3rd parties, reporting, recommending and agreeing remedial action where required
  • Assist key business stakeholders in identifying and responding effectively to risks arising from internal changes or external events.

Knowledge and Skill Requirements

  • Bachelor’s degree with a minimum of a 2:1 in an analytical field such as Engineering, Finance, Computer Science, Mathematics, Economics, etc
  • At least 7 years relevant work experience
  • Knowledgeable in technology
  • Knowledge of risk management and auditing.
  • Must have completed the mandatory NYSC
  • Previous experience in a risk management role within financial services ideally within a Platform environment
  • Excellent knowledge of industry best risk management practice.
  • Experience in developing and implementing risk management policies and processes
  • Experience of reviewing 3rd party risks
  • Ability to understand and articulate the commercial benefits of effective risk management
  • Excellent communication, relationship management and influencing skills
  • Ability to build and maintain effective internal and external relationships
  • Ability to analyse, present and report risk management data to senior stakeholders
  • Team management skills including day to day training, supervision and performance management
  • Ability to adapt and respond to change

 Key Competencies:

  • Managing people
  • Initiative
  • Take ownership for workload and is proactive in approach
  • Organized
  • Multitask and manage competing priorities
  • Creative and resourceful
  • Good team player
  • Flexibility
  • Manage time effectively, personally and on behalf of others
  • Strong communication skills, using appropriate language and style of communication that is relevant to the situation and circumstances to influence
  • Demonstrate sufficient self-awareness to identify personal strengths and areas for development
  • Ability to analyse and problem solve
  • Professional manner
  • Attention to detail.

Method of Application

Interested and qualified? Go to Pagatech Limited on paga.bamboohr.com to apply

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