Manager - Internal Control, Risk Management at MTN Nigeria

Job Identification: 1530
Location: Victoria Island, Lagos
Job Category: MTN Level 3
Job Schedule: Full time
Reports To: Executive Director Risk
Division: MoMo Payment Service Bank

Description

• Implement the Risk management Framework in MoMo PSB to effectively manage all risk exposures (opportunity, hazard, uncertainty etc.) that pose an internal or external threat (political, economic, financial, market, international) to the business, its people and assets
• Ensure implementation, compliance & adherence to the standards, policies, guidelines & processes defined by Group Fintech Internal Controls team, and MTN Group Internal Controls team as applicable
• Implement the Compliance framework for MoMo PSB to effectively manage compliance to all applicable laws and regulations and a common set of policies and procedures
• Monitor development and manage processes to identify and evaluate business risk areas ‘and control self-assessments
• Investigate and research emerging risk trends in the industry and advise management where appropriate
• Contribute to business procedures revisions and propose controls to be incorporated
• Monitor implementation of appropriate systems for measuring effectiveness of all the risk management services and compliance, and present findings to the relevant parties and governance structures
• Ensure effective management of the corporate risk and control assessment reporting process as well as management and maintenance of the infrastructure elements
• Report and provide details on risk registers, risk monitoring status, closure, mitigation to Group DigiFin Risk teams as per the agreed timelines
• Ensure risk evaluation, which involves comparing estimated risks with criteria established by the company such as costs, legal requirements, and environmental factors, and evaluating the company's previous handling of risks
• Ensure corporate governance involving external risk reporting to stakeholders
• Ensure effective implementation of disaster recovery, business continuity, risk management and access controls Frameworks in MoMo PSB
• Oversight of MoMo PSB Ethics Management program to ensure that the company conducts business in an ethical and socially responsible manner
• Implement mechanisms to train, monitor and test compliance to all laws and regulations in the compliance universe of MoMo PSB
• Provide recommendations to enhance the company's Risk and Compliance Management road-map, policy, Framework, methodology and system. Where required, provide suggestion to group on improvement in group wide controls
• Establish a continuous improvement mechanism to enhance the maturity level of risk management and compliance processes within MoMo PSB
• Monitor and analyze all costs associated to risk non-compliance, maintenance and prevention
• Escalate unsolvable issues to Executive Director, Risk in a timeous manner
• Assist with relevant Exco, Board and other reporting requirements
• Other tasks and duties, as assigned.

Requirements
Education:

• First Degree in Compliance, Risk Management, Audit, or related field
• Post Graduate degree in similar or related field is an advantage

Experience:

• 6 - 13 Years' experience including:
  • Experience in Fintech, banking or Telecom is preferred
  • Proven experience Internal Controls Management, Process & Control Management within a FinTech or Banking environment
  • Hands on experience in managing and implementing compliance policies, procedures, and initiatives
  • Experience working in a global/multinational enterprise with a good understanding emerging markets is preferred.