Risk Management Officer at Interswitch

Responsibilities

• Assist with implementation of the Enterprise Risk Management framework for Interswitch Kenya;
• Assist with implementation of Risk Management and Control Policies and Processes;
• Work with other departments to ensure prioritization of identified risks and reporting of the same;
• Continuously update the organization-wide Risk Register based on business environmental changes as guided by Head of Risk Management;
• Assist in improving and monitoring organization-wide Risk Appetite and Tolerance framework;
• Work with Business Groups to ensure development and continuous update of Risk Control Self-Assessments (RCSAs) and Key Risk Indicators (KRIs) for all departments.
• Assist in conducting Enterprise Risk Assessment on Business Groups and as required support the requirements of Regulators or adopted certification standards;
• Assist in conducting vendor and other Third-Party Risk Assessments to support business and partners’ requirements in collaboration with IT Risk and Security Team;
• Conduct Risk Assessment of existing and newly developed products and services and ensuring identified concerns are addressed before they are signed-off for launch/go-live;
• Assist in conducting control assessments/reviews as planned in the Internal Control Plan and in fulfillment of the requirements of adopted standards such as PCI DSS, ISO 9001, ISO 27001, ISO 20000, ISO 22301, etc.;
• Engages concerned Business Group to perform root cause analysis on identified risk events/incidents to recommend improvements to prevent these risk events from re-occurring in future;
• Liaise with the Legal and Compliance department on addressing compliance risks affecting the organization;
• Assist in managing Internal fraud and Operational losses;

Qualifications

• Bachelor’s degree in Business or Economics or Technology related course
• A minimum of 3 years of experience in Risk Management

Professional qualifications & other skills

• Be a member of a professional body such as IRM, GARP, ISACA and any other relevant to the field
• Knowledge and experience on Payment Schemes Rules (Verve, Visa, MasterCard, UnionPay, etc)
• Skilled in using MS Office tools
• Coding and programming skills will be an added advantage