Enterprise Risk Manager at Paga Nigeria

    Lagos State
    Posted 8 months ago

    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

    Job Features


    7 years

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