RISK SPECIALIST

Report to Manager Quality Assurance and Risk Management

JOB PURPOSE

To provide risk management strategy and work plan by monitoring the management of risk, undertaking quality control, identifying gaps in the use of quality policy and processes, including providing input into the development of risk management systems.

KEY RESPONSIBILITIES

• Monitors the management of risk to identify gaps in the internal controls in place, to ensure appropriate strategies are identified and implemented.
• Undertakes quality control reviews to ensure consistent implementation of policy and processes across all business units.
• Identifies any gaps and challenges in the use of quality policy and processes to ensure appropriate strategies are identified and implemented to address the gaps and challenges.
• Prepares reports on challenges or gaps in the management of risks, to ensure management recommends solutions to the gaps identified
• Provides input into the preparation and revision of processes that assist to identify and evaluate business risks, to ensure the MICCL is aware of and prepared for risks that the organization is exposed to.
• Identifies current and emerging risks to ensure appropriate strategies are developed in a timely manner to proactively manage the risks that the MICCL is exposed to.
• Provides inputs in the development of risk assessment and measurement systems to ensure the availability of quality tools that support effective management of risks.
• Assists in the periodic review and update of the risk and compliance policies and procedures to ensure the policies and procedures are responsive to the operating environment.
• Undertakes any other duties assigned by the Supervisor.

QUALIFICATIONS

• Grade 12 School Certificate with five (5) credits or better including English and Mathematics Degree in Business Administration, Accounting, Economics, Mathematics, Statistics, or related field
• Certified Risk Analyst, Certified Enterprise Risk Officer, or equivalent Risk Management Certifications

EXPERIENCE

• Five (5) years’ experience in legal environment in an organization of similar size

SKILLS AND COMPETENCES

• Risk policies standards, and framework.
• Risk management processes.
• Risk Categories – Strategic, operational, financial etc.
• Internal control assessment and documentation
• Risk monitoring and mitigation.
• Risk assessment techniques.
• Trend analysis on risk variables
• Business process analysis
• Scenario analysis and sensitivity analysis
• Financial analysis
• Fraud management
• Knowledge of accounting systems Risk management framework and process Corporate governance
• Stakeholder management
• Risk management
• Project management
• Analytical thinking
• Report writing
• Relationship management
• Integrity
• Excellences
• Decision making
• Corporate Citizenship