Risk and Compliance Manager

Education

• Bachelor’s degree in actuarial science, finance, business administration or related field
  
• Professional certifications or qualifications in Actuarial Science or Risk Management required.
  
• Minimum of five (5) years’ relevant experience in risk management, compliance, audit, or financial risk analysis within the insurance or financial services industry.
  
• Demonstrated experience in enterprise risk management, operational risk management, compliance monitoring, and regulatory reporting.
  
• Experience engaging with regulators and supporting regulatory compliance activities.
  

• Support the implementation and monitoring of Group risk management policies, frameworks, standards, systems, procedures, and guidelines across the organisation.
  
• Identify weaknesses, control gaps, and emerging risks within business processes and recommend appropriate mitigation measures.
  
• Monitor adherence to approved risk appetite limits, governance standards, and internal control requirements.
  

• In collaboration with the Group Head of Financial Risk, conduct stress testing, sensitivity analysis, and scenario simulations relating to market, liquidity, credit, and operational risks.
  
• Analyse financial and operational risk exposures and provide recommendations to management on risk mitigation strategies.
  
• Prepare and present risk exposure reports, trend analysis, and mitigation recommendations to the Board, Executive Committee (EXCO), and Management Committees.
  

• Monitor compliance with regulatory requirements, internal policies, procedures, and established risk management standards.
  
• Maintain and track compliance matrices, transaction monitoring activities, and regulatory obligations.
  
• Support the preparation, review, and submission of regulatory reports to relevant authorities.
  

• Conduct risk identification and assessment exercises across departments and operational areas.
  
• Review and evaluate the adequacy and effectiveness of internal controls and risk mitigation measures.
  
• Provide guidance to management and staff on corrective actions required to address identified risk and compliance gaps.
  

• Promote awareness of risk management and compliance requirements through training, workshops, guidance notes, and stakeholder engagement.
  
• Support staff and management in understanding and implementing the company’s risk management methodologies, frameworks, policies, and procedures.
  
• Encourage a culture of accountability, compliance, and proactive risk management across the organisation.
  

• Prepare periodic risk and compliance reports, dashboards, and analytics for Management, MANCO, EXCO, Board Committees, and regulators.
  
• Compile and analyse operational risk data, key risk indicators (KRIs), incident reports, and loss event data.
  
• Support enterprise-wide reporting on operational risk, financial risk, compliance, and AML/CFT activities.
  

• Maintain up-to-date knowledge of risk management, compliance, governance, and regulatory developments within the insurance and financial services sector.
  
• Participate in continuous professional development initiatives to enhance technical and professional competence.
  
• Contribute to the continuous improvement of risk management tools, frameworks, methodologies, and reporting processes.