Risk Manager at Alan & Grant

Industry: Financial Services

Job Summary

• The Risk Manager will play a critical role in establishing the framework for evaluating and monitoring the Enterprise Risk management techniques in Alpha Morgan.
• Key deliverables include providing a holistic view of the key risks that affect the businesses and identify business opportunities.
• Collaborating with all departments to identify, assess and implement robust risk mitigation strategies.
• Support in streamlining various business processes and establish more effective internal controls to drive profit maximization and reduction of costs
• Facilitate the standardization and uniformity of the business processes.
• Promote a risk-aware culture.

Duties and Responsibilities

• Design and implement an overall risk management process for the organization, which includes an analysis of the financial and non-financial impact on the company if a risk crystalizes.
• Identify potential regulatory and non-regulatory risks through thorough and ongoing risk assessments with relevant internal stakeholders
• Liaise with the business to identify Company/team specific risks to maintain & update the Business Risk Assessment.
• Evaluate identified risks against a variety of information & factors (e.g. documents /statistics /reports /trends) to provide commentary and recommendations about how to mitigate these risks;
• Drive service levels from the Risk & Compliance function to ensure that the operational risk needs of the business are serviced appropriately, through maintenance/reporting and controls of key areas;
• Establish a comprehensive enterprise risk management framework across all jurisdictions.
• Identify and manage the Company’s operational risk priorities
• Ensure the risk priorities are effectively addressed through a regular testing program of the standard policies, procedures, systems, and controls.
• Initiate action to address any gaps or deficiencies identified during the remediation process
• Provide insightful, quality reporting to internal Boards, Committees, and other key stakeholders to support risk processes.
• Manage the completion of the Annual Risk & Compliance Staff Declaration
• Contribute to Risk Committee meetings on current risk issues and developments.
• Maintain an open and productive relationship with the Company's insurers
• Overseeing and testing the Group Business Continuity Plan.
• Develop, monitor, and maintain a Group Risk register for the Board
• Update the Board on recent developments around global risk management practices
• Conducting policy, process, and compliance reviews, which may include liaising with internal/external auditors
• Evaluate employees' risk awareness and provide support and training within the company where necessary.
• Draft the Risk management plan, risk training strategy, and the continuous awareness program.​

Requirements

• Bachelor's Degree in Finance, Accounting, Law, Social sciences, an IT course or a related field.
• A relevant Risk Management qualification (E.g., Professional Risk Manager - PRM) is an advantage.
• Minimum of 7 years of Risk Management experience in a managerial/supervisory position.
• Experience with auditing and reporting procedures.
• Sound knowledge of Sarbanes Oxley (SOX), the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Integrated Framework, Fraud and Anti-money laundering Frameworks.
• Strong experience in the analysis of business metrics and the formulation of Key Risk and Performance Indicators.
• Technically strong with good IT ability.
• Excellent relationship management skills - proven experience of building internal & external relationships, through strong interpersonal and team working skills.