Senior Risk Officer

• Summary : The Senior Risk Associate (SRA) plays a pivotal role in supporting the Chief Risk Officer (CRO) in
• identifying, assessing, monitoring and mitigating risks across the organization This role involves administering
• the GRC system, ensuring items are closed out on a timely basis. Conducting risk-based testing, and
• overseeing the timeliness of Policy and Procedure updates. The SRA also assists with developing training
• materials, preparing and reviewing reports for the Audit and Risk Committee (ARC) and performing a variety
• of administrative tasks that underpin the organization's risk framework. This position requires a detail-
• oriented and proactive professional with a strong understanding of risk frameworks and the ability to
• manage multiple priorities effectively.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Assist the CRO in the development and implementation of the Enterprise Risk Management

Framework in alignment with the organization's goals and regulatory requirements.

• Conduct the administration of the organization’s Risk Register (including self-assessment processes),

KRI suite and control framework, in conjunction with the CRO

• Collaborate with the CRO, broader senior management and various departments to map and

• implement effective controls, in order that that the organization’s current and emerging risks are
• effectively managed, monitored and mitigated where relevant.

• Draft and update risk team policies and procedures.
• Monitor and manage the organisation’s periodic review of its suite of policies and procedures,

• reminding key stakeholders when reviews are due to be completed and providing relevant reporting
• to the ARC.

• Assisting in developing and producing regular MI reporting to track and monitor the organization’s risk

• framework and control effectiveness, including working on data analysis and preparation of
• monitoring metrics.

• Act as the main point of liaison the Internal Auditors and the business operations, ensuring requests

• are responded to on a timely basis, assisting with reviewing responses to reports and testing to ensure
• that internal audit recommendations have been fully implemented.

• Promote a risk-aware culture through training, advisory support to business units, and integration of

risk considerations into product approvals and strategic initiatives.

• Participate in incident response, business continuity planning, and root-cause analysis following

significant events.

• Stay abreast of industry trends, regulatory changes, and emerging risks to proactively address

potential challenges.

• Provide expert advice and guidance on risk-related matters to support informed decision-making across the organization.
• Develop and maintain strong relationships with internal and external stakeholders, including

regulators, auditors, and industry peers.

REQUIREMENTS

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The
• requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable
• accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

• A relevant university degree in business, finance or law or professional qualification is ideal. However,
• consideration will also be given to candidates who have a significant degree of experience risk management
• with the financial services industry without these qualifications. Relevant professional certifications a distinct
• advantage.

Experience and Key Competencies

• At least 5 years’ experience in compliance, risk management, or a related regulatory field, preferably

within the financial services industry.

• In-depth knowledge of risk management principles, practices and related regulatory requirements.
• Strong analytical and problem-solving skills with an ability to interpret complex risk requirements and

translate into business processes and controls.

• Excellent written and verbal communication skills, with the ability to present complex information clearly

and concisely to diverse audiences.

• Strong organizational and project management skills, with the ability to prioritise and manage multiple

tasks effectively

• Ability to work under own initiative whilst managing multiple tasks and deadlines in a fast-paced

environment

• Ability to build relationships across departments and work collaboratively with other second line teams

and across the business

• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).