Job Summary
This role is responsible for advising and collaborating closely with the business on the identification of potential risks and building strong robust controls and procedures to mitigate risks. The candidate will play an integral role in the oversight and governance of risk management within the organization.
Responsibilities
- Advise first line business units on developing and reviewing risk management frameworks, policies, and processes aligned with industry standards and regulations
- Deliver risk-related training to promote a robust risk-aware culture across the company
- Collaborate with business units to review and challenge the effectiveness of Risk Controls Self-Assessment (RCSA) and provide guidance to improve controls
- Conduct independent reviews and sample testing of key controls to ensure compliance and effectiveness
- Monitor and report remediation action plans from Operational Risk Events, RCSA, or other risk reviews to Management and Board Risk Committees
- Define, update, and monitor Risk Thresholds and Key Risk Indicators prepare risk dashboards for Management and Board reporting
- Execute risk assessments and verification initiatives to identify and mitigate risks
- Engage stakeholders on risk matters and recommend control improvements to strengthen risk posture
- Support Crisis Management, Business Continuity Management, and IT Risk teams in initiatives and ad-hoc tasks
- Assist risk committees and governance structures in overseeing and monitoring risk-related activities across the organization
Preferred competencies and qualifications
- Recognized professional qualification in IT or Risk Management (e.g., CIA, CRMA, CERM, CPRM, CISA, CRISC, ITIL) is an advantage
- Experience in a regulated financial industry is an advantage
- Bachelor's Degree in a related discipline or equivalent industry experience
- At least 2 to 3 years of experience in a second line risk function
- Strong knowledge of Risk Management concepts, including Technology Risk Management
- Strong understanding of the Three Lines of Defence model
- Strong verbal and written communication skills
- Ability to establish effective relationships with peers and stakeholders
- Highly motivated team player with a strong desire to learn and succeed
