The Role
The Risk Manager will develop and maintain enterprise risk frameworks, policies, appetite statements, and reporting systems. Responsibilities include risk assessments, control monitoring, remediation tracking, stress testing, scenario analysis, counterparty and credit risk reviews, regulatory compliance, business continuity, crisis and incident management. The role advises executive management and the Board Risk Committee, coordinates risk training, maintains risk registers, and provides independent insights on strategic, operational, financial, and regulatory risks.
Summary Generated by Built In
The Risk Manager will be responsible for
embedding a best-in-class Risk management culture within VFD Group. Build a Risk Management framework that supports the achievement of VFD
Group corporate vision and objectives.
- Ensure that a full set of frameworks and policies is in place that complies with regulation and ensures the upkeep thereof including Enterprise Risk Framework, Risk Appetite Policy, Operational Risk Policies etc.
- Ensure that process and systems are in place for the identification and reporting of risk across all risk types.
- Identifying where risk exceeds risk appetite, or has a heightened likelihood of exceeding risk appetite, and bring management and board attention to this in a timeous manner.
- To monitor control mechanisms implemented as part of the risk management process and assess the operational effectiveness.
- To coordinate and provide training programs related to specific risk management as required and guide users where necessary.
- To conduct and document risk assessments for each function in the business unit to ascertain compliance with risk management policy, standard operating procedures and set guidelines.
- To manage business risks to ensure opportunities are proactively leveraged and advise the Management accordingly.
- To coordinate with Business Unit Leads on updating the risk register and tracking closure of action plans.
- To ensure business continuity test is conducted based on the approved schedule signed off by the board.
- Drive the identification, measurement and analysis of, and reporting on, all risks in the company
- Monitor remediation of any breaches or misalignments reported per the above functions
- Serve as a trusted advisor to Executive Management and Board Risk Committee on strategic, operational, financial, and regulatory risks.
- Attend and actively participate in Executive Management Meetings, and Board Sub-Committee Meetings, providing independent risk insights and recommendations.
- Conduct portfolio-level risk assessments, stress testing, and scenario analysis to evaluate potential impacts on capital and profitability.
- Oversee counterparty risk management, credit risk assessments and due diligence reviews for investments and strategic partnerships.
- Ensure compliance with applicable regulatory requirements, governance standards and industry best practices.
- Lead Business Continuity Management, Crisis Management and Incident Management programs across the Group.
Requirements
- Excellent organizational, analytical, time management, planning, problem solving, oral and written communication skills with strong attention to details.
- Proficient in the use of Microsoft applications and other computer software e.g., spreadsheet, database and is comfortable reviewing numbers.
- Knowledge of relevant policies in a financial environment with strong business acumen.
- Good interpersonal and strong team management skill.
- Minimum of 5 years or more risk management with relevant experience in financial services.
- HND /Bachelor’s Degree in a Business-related Course, Economics, Accounting or Engineering.
- Masters’ degree in a relevant field of study or relevant professional qualification would be an advantage.
Skills Required
- Excellent organizational, analytical, time management, planning, problem-solving, communication, and attention-to-detail skills
- Proficiency with Microsoft applications and computer software, including spreadsheets and databases
- Knowledge of relevant policies in a financial environment and strong business acumen
- Good interpersonal and team management skills
- Minimum of 5 years of risk management experience, with relevant financial services experience
- HND or Bachelor's degree in Business, Economics, Accounting, Engineering, or a related course
- Master's degree in a relevant field or relevant professional qualification
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The Company
What We Do
VFD Group Plc is an industry-agnostic proprietary investment company focused on building Africa's most diverse business ecosystem by investing in and creating businesses that shape the future. It provides financial services including advisory, asset management, currency, real estate, debt, and private funds management.
