Risk Manager at Omnibiz Africa

Job Title: Risk Manager

Role Summary

• The Risk Manager plays a crucial role in identifying, assessing, and mitigating potential risks across the organization.
• This position is responsible for developing and implementing comprehensive risk management strategies that align with the company’s objectives.
• The Risk Manager will collaborate with cross-functional teams to integrate risk management practices into business operations and design strategies to address identified risks.

Key Responsibilities
Risk Assessment and Analysis:

• Conduct regular risk assessments to identify potential risks and fraud across various business functions and lines of business.
• Analyze risk data and trends to provide actionable insights

Strategy Development and Implementation:

• Design and implement strategies and policies to mitigate identified risks.
• Ensure that risk management is integrated into the organisation’s business continuity strategy
• Set Key Risk Indicators for each business function and track and monitor mitigation and resolution.

Crisis Management:

• Develop the organisation’s Crisis Management Framework, Business Continuity Plan/strategy and Enterprise Risk Framework
• Coordinate the organisations response during crisis or unexpected events
• Implement crisis management plans and communicate with stakeholders

Monitoring and Reporting:

• Monitor and review risk mitigation plans to ensure effectiveness.
• Develop and implement internal risk management reports and dashboards

Financial Risk Management:

• Develop strategies to mitigate financial risks such as market fluctuations, credit risk, currency risks.

Cross functional Collaboration:

• Collaborate with cross-functional teams to integrate risk management practices into business operations.

Incident Response:

• Respond to and investigate risk incidents or breaches, working with relevant departments to resolve issues

Insurance Management:

• Procure and manage insurance policies Respond to and investigate risk incidents or breaches, working with relevant departments to resolve issues
• Assess the organisation’s risk exposure and work with insurance brokers
• Co-ordinate the filing and management of insurance claims when necessary

Compliance and Best Practices:

• Ensure the organisation complies with legal, regulatory and industry standards related to risk management
• Stay updated on emerging risk related regulations and best practices

Providing Risk Management Training:

• Develop training materials and conduct workshops
• Educate staff and stakeholders on risk management strategies and policies

Qualifications
Education:

• Bachelor’s degree in one of the following fields: Business Administration, Finance, Economics, Risk Management, Mathematics, Statistics or a related field;
• A master’s degree (MBA or a related field) is preferred but not required.

Experience:

• 5 to 7 years’ experience in risk management.
• Experience should include conducting risk assessments, developing risk mitigation strategies, and analyzing risk data and trends.

Certifications:

• Certified Risk Manager; or
• Financial Risk Manager; or
• Professional Risk Manager

Competencies:

• Excellent communication and leadership skills
• Ability to collaborate effectively across departments
• Analytical mindset with strong problem-solving abilities.

Application Instructions:

The application deadline is 30th March, 2025. Therefore, Qualified and interested candidates should send their CV to: [email protected] using the Job Title as the subject of the mail. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.

Website:
Official Job Website: https://omnibiz.com