Risk Compliance Manager

Job Responsibilities:

Development of ERM Policy and Framework

· Develop, implement and manage the organisation's compliance and risk management policies and framework to deploy effective strategies.

· Establish a sustainable Enterprise Risk Management Policies and Framework and Risk Rating Matrix to identify, assess, evaluate, measure and monitor key material risks.

· Develop strategies to mitigate risks and ensure compliance of relevant laws and regulations.

· Fostering a culture of risks and compliance and integrate risk management into the Organisation's culture, operational activities and decision-making processes.

· Review and update Standard Operating Procedures to adhere to compliance and risks parameters.

Risk Identification:

· Conduct comprehensive risk assessments to identify potential threats and vulnerabilities that could impact the organization's business, operations, finances, technology, human resources or reputation.

· Analyse internal and external factors that may affect the organization's objectives.

 

Risk Assessment:

· Evaluate the likelihood and potential impact of identified risks.

· Prioritize risks based on their severity and potential consequences.

 

Risk Mitigation Strategies:

· Develop and implement risk mitigation plans to reduce the impact of identified risks.

· Collaborate with relevant departments to establish effective control measures.

 

Incident Reporting:

· Manage and oversee the generation of incident reports.

· Ensure timely and accurate reporting of incidents, and coordinate appropriate responses.

 

Compliance Management:

· Monitor and enforce compliance with standard operating procedures across the operations team.

· Work closely with teams to address any deviations from established procedures.

 

Service Level Agreement (SLA) Monitoring:

· Establish and maintain service level agreements for key operational processes.

· Monitor the extent to which the company meets service levels and address any deviations.

Reporting to Management and Risk Management Committee:

· Oversee the quarterly reporting to the Management.

· Prepare and present risk assessments to the Group's Risk Management Committee.

 

Customer Service Level Reporting:

· Oversee the periodic reporting of service level performance to customers.

· Ensure accurate and timely communication of service level achievements and improvements.

 

License Compliance Management:

· Manage compliance with all matters pertaining to licenses.

· Administer applications for licenses and ensure adherence to regulatory requirements.

 

Cybersecurity Threat Reporting:

· Oversee the periodic reporting of cybersecurity threats from the cybersecurity team.

· Work closely with the cybersecurity team to ensure that the cybersecurity team performs prompt assessments to address potential cyber threats.

 

IT Risk Policies and Regulations:

· Oversee compliance with IT risk policies and regulations relevant to the nature of the organization's business.

· Collaborate with the IT team to ensure adherence to established IT risk management standards.

 

ISO Certification Compliance:

· Manage the Group's compliance with ISO certifications.

· Facilitate the renewal process for ISO certifications and ensure continued adherence to ISO standards.

 

Insurance Management:

· Work with the procurement manager to engage with insurance providers to secure appropriate coverage for identified risks.

· Manage insurance policies and claims processes.

 

Monitoring and Reporting:

· Regularly monitor and assess the effectiveness of risk mitigation measures.

· Prepare and present comprehensive reports to senior management, stakeholders, and relevant committees.

 

Crisis Management:

· Develop and implement crisis management plans to respond to and recover from unexpected events, including business continuity plans of the Group

· Coordinate with relevant teams during crisis situations to minimize impact.

 

Training and Education:

· Conduct training sessions to educate employees on risk management principles, incident reporting procedures, and standard operating procedures.

· Foster a risk-aware culture within the organization.

Job Qualifications:

· Bachelor's degree in business, finance, law, or a related field (Master's degree preferred).

· Professional certification in compliance (e.g., Certified Compliance and Ethics Professional, Certified Risk Manager) is a plus.

· 10 years of experience in compliance, risk management, or a related field, with X+ years in a leadership or managerial role.

· Strong knowledge of relevant laws and regulations in the industry.

· Excellent communication, analytical, and problem-solving skills.

· Ability to work collaboratively across departments and with external stakeholders.

· Attention to detail and a commitment to upholding the highest ethical standards

Law, Leadership, Compliance, Insurance Management, Compliance Management, Risk Management, Analytical, Communication, Business, Framework, Risk Assessment, Finance, Crisis Management, Collaboration, incident reporting , Problem-solving