---

---

Description:

Job Purpose

The Risk Officer will be responsible for supporting the Audit and Compliance Manager with risk management, compliance reviews and basic operational/financial assessments, reviews and audits of organization. Work closely with different departments to ensure that risk management strategies are integrated into all aspects of the organization’s operations.

Summary of Key Responsibilities:

• Contribute to the planning, designing, and implementing of overall risk management and compliance review processes for the organization.
• Contribute to the identification and development of business areas' risk control and self-assessments (RCSA); contribute to the development and improvement of risk and compliance assessment tools and methodologies.
• Keep abreast with developments in the relevant sectors in order to bring an informed perspective to the risk management and compliance processes.
• Keep abreast with current issues in business operations and incorporate changing business needs into the relevant risk management and compliance review tools.
• Review and assess inherent risks within new processes and systems and make relevant recommendations.
• Evaluate risk with respect to standards established by the organization, taking into consideration criteria such as cost, legal requirements, environmental factors, organization’s previous handling of risks etc.
• Develop and implement risk mitigation strategies.
• Monitor and report on risk exposure.
• Ensure compliance with regulatory requirements.
• Work closely with Audit & Compliance Manager and different departments to integrate risk management strategies.
• Review and advise on risk mitigation measures e.g. implementation of quality systems and practice across the organization in line with prevailing legislation
• Review and assess compliance risks within new processes and systems and make relevant recommendations.
• Evaluate compliance issues with respect to standards established by the organization taking into consideration criteria such as cost, legal requirements, environmental factors, organization’s previous handling of compliance issues etc.
• Update and maintain a compliance matrix of all regulatory requirements, key policy requirements, and policy updates recommended by auditors
• Provide support, education and training to staff to build risk and compliance awareness within the organization.
• Participate in the communication and delivery of effective risk and compliance training and awareness programs for various stakeholders

Required Skills and Competencies

• Excellent Communication Skills
• Strong Analytical and Problem Solving Skills. 
• Attention to detail and good judgement
• Independent minded.
• Proficiency in Risk Management tools
• Report writing and networking skills
• Strong ethical standards and high levels of integrity
• Ability to think objectively

---

Primary Areas of Accountability: