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Risk & AML Manager

Basata Microfinance Solutions
Cairo, Egypt
Posted 4 years ago
90Applicants for1 open position
  • 68Viewed
  • 10In Consideration
  • 0Not Selected
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Job Details

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Job Description

  • Manage the incident management function in order to ensure proper handling for all operational risk incidents.
  • Participate in setting out and updating Risk 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 regular reports to be presented to all concerned parties (FRA, Executive committee, BOD etc.)
  • Promote the role of risk throughout the company.
  • Participate in developing the fraud & anti money laundry unit by setting out its procedures that ensure to save the company from any fraud activities.
  • Periodically conduct business impact risk assessment 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.
  • Cooperates continuously with the Internal Audit department.

Job Requirements

  • 10 years of experience

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