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Risk & Compliance Manager

Basata Microfinance Solutions
Nasr City, Cairo
Posted 5 years ago
92Applicants for1 open position
  • 63Viewed
  • 9In Consideration
  • 0Not Selected
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Job Details

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Job Description

Purpose of the Job

Handle and satisfy the evolving the Company needs, throughout a continuous improved approach to the practice of risk management through the knowledge of international standards and best practices to deliver a significant change.

Accountabilities

  • Manage the incident management function in order to insure proper handling for all operational risk incidents.
  • Participate in setting out and updating Risk & Compliance policies and procedures.
  • Raise awareness for all levels of the company’s staff about the necessity of the operational & Market risk.
  • Review procedures, contracts to ensure that the processes are in line with the operational risk standards.
  • Prepare the quarterly reports to be presenting to executive committee.
  • Promote the role of Compliance & risk throughout the company.
  • Participate in developing the fraud & money laundry unit by setting out its procedures that insure to save the company from any fraud activities.
  • Periodically conduct business impact analysis to identify the operations critical activities and vulnerability for major disruptions.
  • Facilitate testing plans to ensure that team members are aware of their roles and responsibilities in the event of the disruption.
  • Ensure that the Company’s response to the disruption is communicated internally to the applicable parties.
  • Identify internal and external threats that could cause a disruption and assess their probability and impact.
  • Examine all new products proposals and provides comments and recommendations regarding the market & operational risk implication and the adequacy of proposed policies, systems and controls.
  • Evaluate the proposed control environment of new contracts and recommend improvements.
  • Examine all customer complaints and provide comments and recommendations in order to mitigate such risks from re-occurrence.
  • Manage & ensure proper implementation of compliance policies & procedures for both internal & external purposes.

Job Requirements

Qualifications

  • A Minimum of 10 years of professional experience in operations & Market risk.
  • A relevant degree in economics, accounting, Finance.
  • Fluent English
  • Strong computer skills.
  • Preferred relevant professional certification or working towards certifications. Examples include: CRCM - Certified Regulatory Compliance Manager– Certified Public Accountant, – Certified in Risk Management Assurance.

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