Supervisor–Risk and Compliance at Madison Group Limited

Job Summary

Reporting to the Head of Risk and Compliance, the Supervisor–Risk and Compliance must be a self-driven person who will be responsible for initiating and in liaison with the respective departmental heads, manage the operational, insurance risk and compliance initiatives for the company.

Duties & Responsibilities

• Creating awareness on risk management to facilitate embedding of a risk-conscious culture across the Company.
• Monitoring of  risks  and  preparation  of  reports  to  management  and  other  risk committees on various aspects of risk management e.g. reports of monitoring key risk indicators.
• Following up proactively on action plans put in place by management or the various risk committees to address risk exposures and report on the same.
• Conducting risk modeling in line with the various established risk analysis models.
• Conducting risk analysis and quantification of financial and insurance risks through sensitivity analyses and stress testing for financial and insurance risks as well as major projects in the company.
• Implement the risks and compliance policies and procedures in place.
• Provide relevant information required by external bodies and regulators on compliance matters such as reporting suspicious transactions related to money laundering and the fight against terrorism financing.
• Keep abreast with the applicable laws, regulations, rules and standards in the risk & compliance fraternity and advice on the emerging developments of the same.
• Undertake any other tasks as assigned.

Key Competencies Required

• Strong analytical skills with ability to pay attention to details;
• Knowledge of risk management concepts and principles;
• Understanding of Quality Management Systems
• Self-driven individual with ability to work with minimum supervision;
• Good communication skills, both verbal and written;
• Team player with excellent interpersonal skills;

Academic /Professional Qualification

• Bachelor’s Degree in Accounting, Finance, Actuarial Science or a related field
• Professional qualification in either CPA,ACCA,CISA or IRM;
• At least 3 years relevant experience in Audit or Risk Management.

Deadline - 12th July, 2024.