QSSK-MFC-RCM-Risk and Compliance Manager at Q-Sourcing Servtec Group

Job summary:

The Risk and Compliance Manager is responsible for setting up, implementing and enforcing robust company-wide risk management and compliance framework and systems (policies, processes and tools) covering risk governance, BCP, internal audit and compliance. This role will also champion a culture of compliance throughout the Company to ensure everyone complies with external regulatory requirements and internal policies and procedures.

DUTIES & RESPONSIBILITIES:

• Design and oversee the Company-wide risk management strategy, aligning all risk management and associated internal control activities to support achievement of business objectives.
• Facilitate the integration of risk management policy and strategy into all department’s strategies and activities.
• Review operational policies to ensure compliance with laws and regulations for the management and board approval.
• Develop contingency plans to deal with emergencies (perform annual BCP/DR risk analysis, planning, testing or live execution for the business.)
• Ensure appropriate information on risk and internal controls is provided to the stakeholders of the Company in a timely manner to minimize/eliminate the adverse effects.
• Ensure that risk identification and assessment activities are performed across the Company on a regular basis, Standard Operating Procedures (SOPs) are reviewed and challenged where necessary and appropriate escalation procedures are in place.
• Prepare budget to cater for audits, costs to be incurred to mitigate risks, insurances, etc
• Identify portfolio, operational, systems, resourcing and reputation risks and provide recommendations to reduce or control identified risks.
• Review and provide recommendations/amendments on investment prospects and other proposals presented.
• Liaise with HR (Learning & Talent) to develop group-wide staff training programs that build risk and compliance awareness.
• Prepare quarterly reports on the risk assessment.
• Provide leadership to the Risk and Compliance Department.

KNOWLEDGE, SKILLS, AND EXPERIENCE:

• LLB Degree
• 7+ years’ experience: Risk Management in a medium to large-sized retail organization.
• High-level critical thinking skills, including strategic thinking, effective analysis of data, and the ability to aggregate information.
• Very strong analytical background with the ability to interpret data and recommend solutions to maximize the efficiency of decision engines.
• Detail-oriented, with a hands-on approach.
• Professional certification such as Certified Public Accountant (CPA) or Certified Internal Auditor (CIA), (CISA) or Risk Management is highly desirable.