Head, Risk & Compliance

Job Summary

The Head, Risk & Compliance is responsible for MRANTI’s company-wide enterprise risk management and compliance monitoring, in accordance with the relevant laws and regulations and internal policies.

Job Responsibilities

• Establish and oversee the implementation of effective company-wide Enterprise Risk Management and compliance plans to manage and mitigate crisis or compliance violations by performing and facilitating risk and compliance assessments.
• Ensure effective enterprise risk management that includes business continuity, crisis management and corporate risk planning.
• Ensure effective implementation of fraud management procedures to combat internal and external fraudulent activities.
• Facilitate group-wide risk assessment activities and compile the outcome for reporting to the Director, Risk & Integrity, senior management and Board Audit and Risk Committee.
• Review the effectiveness of the risk response plan and existing internal controls and provide recommendations for business process improvements, as appropriate.
• Organise and lead relevant training/workshops for senior management, risk coordinators and risk owners and networking sessions with other risk management practitioners.
• Monitor the Management’s compliance with requirements of local rules and regulations, as well as company-wide internal policies.
• Oversee assurance exercises and reviews or audits periodically to ensure compliance procedures are followed.
• Create awareness, educate and train employees on regulatory requirements to avoid regulatory non-compliance and severe penalties.
• Discuss compliance issues with Director, Risk & Integrity and senior management, and prepare regulatory compliance reports, as appropriate.
• Ensure and verify that all required licence to operate, regulatory policies and procedures have been documented in a Compliance Database and implemented via assurance exercise.
• Ensure trends and emerging issues that could impact the company are considered and communicated to the Director, Risk & Integrity, senior management, the Board Audit and Risk Committee and the Board as appropriate.

Job Requirements

• Possesses minimum qualification of Bachelor’s degree in any relevant field and Master’s degree is preferred in Accounting, Finance, Law, Business, or a similar field.
• Possesses at least 10 years of relevant experience with a minimum of 4 years of managerial experience.
• Possesses recognized risk qualifications and certification [e.g., CRA, CRMA, CRMP, QRA].
• Expert knowledge of enterprise risk management, internal controls and compliance, preferably in related industries.
• Familiar with risk assessment, business continuity and internal control
• Well verse in the regulatory requirements and compliance
• Skillful in conducting investigation and report writing
• Able to communicate effectively in both oral and written forms (incl. negotiation, presentation and facilitation skills)
• Good at problem solving with the ability to motivate, persuade and influence others
• Able to identifying, assessing, and mitigating risks across various aspects of the organisation, including operational, project, financial, and strategic risks.
• Possesses the experience in developing and implement strategies for managing crises and unforeseen events that could impact the organisation’s reputation and operations.
• Possesses the experience fostering a culture of compliance and risk awareness throughout the organisation, from top leadership to front-line employees.
• Keeping abreast of constantly evolving regulations and technological advancements and their implications for risk management and compliance, including cybersecurity risks and data analytics.