Risk And Compliance Manager

Position Summary:

The Risk and Compliance Manager is a critical role within our financial services business, tasked with developing, implementing, and overseeing policies and programs to ensure the company complies with regulatory requirements, industry standards, and internal policies. This role involves comprehensive risk assessments, monitoring compliance with laws and regulations, and advising management on the risk implications of various corporate strategies. The ideal candidate will have a strong background in financial services, in-depth knowledge of regulatory requirements, and exceptional analytical and communication skills.

Key Responsibilities:

1. Risk Management:

• Conduct risk assessments to identify, assess, and prioritise risks across the organisation.
• Develop and implement risk mitigation strategies and controls.
• Monitor the effectiveness of risk management processes and recommend improvements.
• Facilitate risk management training for staff across all levels of the organisation.

2. Compliance Oversight:

• Keep abreast of, interpret, and ensure compliance with relevant laws and regulations.
• Develop, implement, and maintain compliance policies and procedures.
• Conduct regular compliance audits and reviews.
• Conduct control testing programs.

3. Reporting and Documentation:

• Prepare and present risk and compliance reports to senior management and relevant committees.
• Maintain comprehensive records of risk assessments, compliance activities, decisions, and actions taken.
• Ensure all compliance and risk management documentation is up-to-date and accessible.

4. Advisory and Support:

• Serve as the key point of contact for risk and compliance-related queries from within the organisation.
• Advise on the risk and compliance implications of new products, services, and business initiatives.
• Collaborate with other departments to create a culture of risk awareness and compliance throughout the organisation.

5. Continuous Improvement:

• Stay informed of emerging risks, trends, and innovations in risk management and compliance.
• Recommend and implement enhancements to risk and compliance frameworks, tools, and practices.
• Promote continuous education and awareness on risk and compliance matters within the organisation.

Qualifications:

• Bachelor’s degree in Finance, Law, Business Administration, or a related field.
• A relevant professional certification is highly desirable.
• Minimum of 3 years of experience in risk management and compliance within the financial services industry.
• In-depth understanding of financial regulations, standards, and best practices.
• Strong analytical, organisational, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to engage effectively at all levels of the organisation and with external stakeholders.
• Proficient in risk and compliance software systems.