The Risk and Compliance Manager will also review internal processes and procedures against the relevant organizational rules, regulations, codes and internal policies and procedures.
Minimum Qualification : Bachelor
Experience Level : Mid level
Experience Length : 2 years
Reporting to the CEO, the job holder will be responsible for theimplementation, execution and monitoring of the risk and compliance framework.
Specific risk areas include, financial and information security.
The Risk and Compliance Manager will also review internal processes andprocedures against the relevant organizational rules, regulations, codes andinternal policies and procedures.
S / he will manage the systems that identify,evaluate, mitigate and monitor the organisation’s operational and strategic risk,and co-
ordinate with all programmes and departments within the organisation bycreating linkages between enterprise risk initiatives and risk.
S / he will alsooversee organisation-wide compliance with the organisation’s policies andregulations.
Draft, modify and implement company policies;
Update the existing database of Standard OperatingProcedures (SOPs); review existing SOPs and propose amendments to strengthenthe current operational environment;
Monitor the implementation of the risk assessment the framework through the development of a risk-based Compliance monitoring system;
Monitor implementation of action plans to ensurerisk mitigation efforts are proceeding as required;
Develop and oversee control systems to prevent ordeal with violations of legal guidelines and internal policies;
Evaluate the efficiency of controls and improvethem continuously;
Advice and make recommendations to the ChiefExecutive Officer on appropriate strategies to strengthen controls and mitigatepotential risks for adequate compliance to rules and regulations and goodgovernance of the organization;
Develop a strong culture of compliance awarenessand ensure a consistent approach across the different units as well asdisseminate information on compliance initiatives;
Conduct risk assessments on the differentprocesses, which will involve identifying, describing and profiling the risksaffecting the organisation as well as evaluating the identified risks againstthe organisation’s risk appetite;
Ensure that risk and compliance management policiesand strategies comply with applicable regulations and the strategic imperativesof the organisation;
Liaise with departmental / unit heads in ensuringcompletion and monitoring of quality risk registers; creating a viable controlenvironment and supporting the enhancement of internal controls;
Ensure that policies, procedures and standards ofconduct are communicated, understood and appropriately implemented; respond toroutine enquiries and provide day to day guidance to all staff on rules andinternal policies, and organize training programmes for staff to enhancecompliance with policies, rules and procedures;
Assess the business’s future ventures to identifypossible compliance risks;
Keep abreast of regulatory developments within oroutside of the company as well as evolving best practices in compliancecontrol;
Handle corporate governance involving external riskreporting to stakeholders;
Regular reporting to the CEO / Board on managementof breaches, incidents and issues;
Seek to identify, understand and escalate the riskevents / incidents / issues on a timely basis focusing on fixing root-
causes andtaking ownership of identified mitigating actions;
Maintain zero tolerance to bribery, fraud andcorruption, and ensure the immediate reporting of any corruption or suspectbehaviour that threatens the organisation’s reputation;
Prepare reports for senior management and externalregulatory bodies as appropriate
Academic and professional qualifications
A university degree (Bachelors or Masters) in arelevant discipline such as assurance, risk management, accounting orinternal / operational auditing.
A professional qualification (CPA, ACA, ACCA,CIMA or other relevant qualification related to risk and assurance) is arequirement.
Proven experience as compliance manager
In-depth knowledge of the betting andcommunications industries standards and regulations
Excellent knowledge of reporting procedures andrecord keeping
A business acumen partnered with a dedication tolegality
Methodical and diligent with outstanding planningabilities
An analytical mind able to see the complexitiesof procedures and regulations
Excellent communication skills
Knowledge of Risk Management and Compliancepractices;
Knowledge of Financial controls and procurementpractices;
Sound judgement in dealing with delicate andconfidential information;
Able to train and motivate staff in Compliance andRisk Management tasks;
Excellent communication skills.