Risk Manager

Job Information

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    Category East Africa Jobs
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    Posted On Jun 1 ,2020
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    Qualifications Bachelor's Degree
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    Employer Name Ikeja Electricity Distribution Company (IKEDC)

Job Description

  • Work with business line and support function managers and risk owners to implement and ensure compliance with Risk Management Policy and procedures, including risk documentation standards.
  • Generate and compile risk data, analyze the data regularly and generate summary risk reports for Management, Enterprise Risk Management Committee, and the Board.
  • Develop monitoring and reporting processes, including producing summary reports of risk issues and planned resolution for review by the ERM Committee.
  • Stay abreast of regulatory requirements and mature industry practices relating to operational risk management.
  • Maintain the enterprise-wide risk and control self-assessment (RCSA) workbook, including coordinating with 1st, 2nd and 3rd line of defense managers to update risks, controls and assessments.
  • Maintain the company’s ERM Report, including updating key risk indicators, limits and tolerance thresholds, and ensure accurate and timely reporting to the ERM Committee.
  • Provide analysis of risk trends and comparisons of risk indicators to established risk limits and tolerance thresholds – coordinating with risk owners to understand drivers and root causes of trends – and incorporate conclusions into the ERM Report.
  • Collect data on economic, market and industry trends to assist in identifying potential risks associated with proposed new products/services and strategies.
  • Create risk awareness and facilitate risk management trainings to staff.
  • Comply with Quality Management System/Operational Health & System requirements including objectives and applicable regulations relating to assigned jobs.
  • Perform ad-hoc risk analysis and any other duties as requested by the Chief Risk Officer and the ERM Committee.