Risk Officer at Business Development Fund(BDF Ltd): (Deadline 8 August 2024)

Job Title:

Risk Officer

Reports to

•  Director of Risk and Compliance

Grade:

BD 5

Department:

N/A

Direct Reports

•  N/A

Section:

Risk

Unit:

Risk and Compliance

Job Purpose:

To coordinate across all business lines to assist in the identification, monitoring, and reporting of risks taken throughout BDF.

Key Responsibilities and Job Dimensions

Key Responsibilities

•  Coordinate and conduct various risk assessments for the organization.
•  Assist in managing the risk exposure of the company and formulate the recommendations to mitigate those risks.
•  Maintain the BDF risk register by analyzing internal audit reports and internal and external data to compile and maintain the risk register.
•  Assist the Senior Risk Officer in responding to actual and potential risk events.
•  Implement and monitor the achievement of the annual risk plan.
•  Provide support and training to staff to build risk awareness within BDF.
•  Ensure proper risk incident monitoring and management by having relevant data capture formats, registers, and proper implementation of corrective actions by relevant department and branches through sufficient follow up.
•  Conduct frequent field visits to investigate the underlying issues and assess the effectiveness and efficiency of the existing process, procedures, and controls.

Decision Making/ Job Influence

The role makes decisions on an individual level on implementation and carrying out of work packages and is personally accountable for those decisions.

Working Conditions

The role is expected to work standard hours but occasionally, may be expected to work outside the normal hours and may travel to a field environment.

Job Competencies (Knowledge, Experience and Attributes / Skills).

Academic Qualifications

•  Bachelor’s degree in any of the following fields: Statistics, Economics, Mathematics, Analytics, or any other relevant qualification.

Professional Qualifications / Membership to professional bodies

•  Membership to a professional body such as RIMS (Risk Management Society)-Certified Risk Management Professional is an added advantage/ preferred.

Previous relevant work experience required

• The role requires 3 years of cumulative relevant experience.

Functional Skills:

Behavioral Competencies/Attributes:

•  Strong business acumen and broad-based business skills
•  Excellent understanding of the DBF culture
•  Analytical ability and follow through skills to comprehend a wide range of risks
•  Full understanding of all ERM principles and techniques
•  Project Management skills

•  Courage and confidence
•  Integrity, ethics, and values
•  Collaborator, partner, innovator
•  Proactiveness
•  Strong communication and interpersonal skills