Head, Risk Management & Compliance at Michael Stevens Consulting

Michael Stevens Consulting – Our client a big player in the Manufacturing/FMCG industry seek to employ self managed individuals with strong experience and sound knowledge from the Manufacturing Industry to fill the position below:

Job Title: Head, Risk Management & Compliance

Location: Lagos

Job Summary

• Coordinate and provide oversight for risk management activities across the Company, to ensure that the full spectrum of risks are identified, measured, monitored and controlled.
• Work closely with the Executive Management team to articulate, implement and ensure compliance with the Company’s risk management framework and policies, including the Company’s risk appetite / limits and tolerance levels.

Principal Duties and Responsibilities

• Define the Company’s Enterprise Risk Management Framework and establish guidelines for the development and implementation of supporting policies and procedures.
• Work closely with departments to facilitate the implementation of the Company’s risk management framework, including the ongoing identification of risks, assessment and recording of business risks, definition of risk mitigation strategies, assignment of risk owners, monitoring and reporting on compliance with laid down policies and procedures on risk management.
• Work with risk owners and managers, collaboratively, to develop risk mitigation responses in line with the agreed levels of risk tolerance.
• Monitor and review the Company’s risk management policies and procedures, methodology, frameworks and tools for continued relevance, and suggest amendments necessary to update them on an ongoing basis.
• Incorporate risk considerations into strategic decision-making and ensure alignment between business strategies of line management and the Company’s risk policy.
• Ensure periodic re-evaluation of Company’s risk appetite within the context of its risk environment and make recommendations to the Executive Management team on the appropriate risk response(s) and their implications for the business.
• Conduct periodic (scheduled and unscheduled) compliance checks across the Company’s operations in accordance with the Company’s laid down policies and procedures.
• Recommend relevant sanctions and penalties for the approval of the MD, based on outcomes of compliance checks.
• Continually review the Company’s processes, policies and procedures, and proffer recommendations and updates, in line with best practices.
• Review any new contracts or internal business proposals to ensure risk compliance measures are adequate
• Build risk awareness amongst staff by providing support and training within the company.

Education and Work Experience

• Bachelor’s degree or its equivalent in Finance, Economics or Management.
• Professional accounting certification, e.g. ACA, ACCA, CPA, CIMA, CISA or other relevant higher business degree
• Risk management certification is an added advantage.
• Minimum 12-13 years risk management experience in a reputable organization with strong risk management skill, with at least five (5) years at managing the strategic direction of a business risk unit.
• Manufacturing experience is a must.

Competency and Skills Requirements:

• Good understanding of enterprise risk management strategies, techniques and reporting applications.
• Extensive risk management experience, including an understanding of risk management frameworks and internal control structures.
• Good understanding of operational dynamics.
• In-depth knowledge of internal control processes and procedures
• Good knowledge of organizational policies and procedures across departments.
• Good knowledge and hands on practical experience and use of ERP packages and systems.
• Strong leadership and organizational skills, with excellent track record in embedding risk management and compliance within a Company.
• Strong interpersonal and communication skills with a proven ability to effectively interact with and influence people at all levels.
• High sense of responsibility, accountability and dependability.
• High integrity and ethical standards.

Application Closing Date
31 March, 2019.

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