JOB REF: ELDOWAS/HR/2025/RCO/03– 1 post
Reporting to: GENERAL MANAGER, FINANCE & STRATEGY
Department: FINANCE&STRATEGY
Terms of Engagement: Permanent & Pensionable
Job Grade 7
Purpose of the Job
To carry out risk assessments to
analyze areas of potential risk and make appropriate recommendations and
reports.
Main Duties and Responsibilities
The duties and responsibilities
are:
Operational Roles and Responsibilities
- Assist in identifying, analyzing and
documenting risks ensuring that action-plans (mitigations) are in place
and being implemented;
- Assist in preparing regular (quarterly)
reports on status of risks including new risks;
- Create and implement risk awareness
programs throughout the ELDOWAS;
- Assist in updating the Enterprise Risk
Management framework and other policies, guidelines and/or procedures
related to implementation of ERM across the ELDOWAS;
- Continuously research the risk
environment (internal and external) to ensure proactive programs for
managing risks are in place;
- Undertake risk ratings reviews and
scenario planning;
- Assist in keeping an updated company-wide
inventory of risk registers;
- Establish and monitor key risk
indicators;
- Analyze transactions, internal reports
and financial information for potential risks;
- Advise on policies, procedures and
control self-assessment tools in response to identified risks;
- Provide training and technical support to
management and employees regarding risk management strategies and
programs;
- Enforce, implement and train staff on
risk policies and procedures;
- Conduct quarterly risk reviews of company
investments;
- Conduct risk assessments to analyze areas
of potential risk in the investment and business support processes and
reports on companywide potential risk areas and weaknesses;
- Carry out investigations on enterprise
risk profile to certify that the company risk standards and criteria are
met.
- Perform any other duties that may be
assigned
Key Result Areas:
The jobholder’s accountability
areas are as follows:
- Effective operational cost control of the
department’s financial resources;
- Successful implementation of quality
control standards for services offered by the department;
- Effective supervision of employees
assigned to the department;
- Maximization of productivity in the
department;
- Continuous process improvement of
services offered by the department;
- Ensure customer satisfaction for both
internal and external consumers of the services offered by the department.
Knowledge and Skills Required:
The jobholder must possess:
- Minimum of a Bachelor’s degree in Finance
or accounting or business related field;
- Professional qualifications such as CPA,
ACCA, CFA, Actuarial or financial risk management;
- Minimum of six (6) years’ work
experience;
- Must have demonstrated ability to handle
departmental budgets, resources, processes, projects and relationships;
- Should have thorough knowledge of Risk
Management as well as knowledge of regulatory requirements affecting the
Audit profession;
- Must have ability to plan, organize,
implement and evaluate departmental goals;
- Must demonstrate ability to handle
multiple and conflicting priorities, and work under strict deadlines;
- Should have strong analytical and be
result oriented;
- Must have high standards of integrity and
ethical practice;
- Must be capable of functioning
effectively both as a team player and a team leader;
- Must have management and Leadership
skills;
- Must have ability to accurately plan work
assignments, prioritize tasks and deliver deadlines;
- Should have problem solving and decision
making abilities;
- Should be an effective communicator with
the ability to handle both internal and external communication;
- Should demonstrate ability to identify
and respond to risk areas within the department;
- Should have effective people management
and conflict resolution skills;
- Must have knowledge in use of MS Office
packages;
How to Apply
