Job Description
Job Purpose
- To ensure the development and implementation of risk policies and procedures in the organization
Core Responsibilities and Key Result Areas
Risk Assessment & Monitoring
- Collaborate with relevant teams to identify, assess, and quantify operational and compliance risks.
- Maintain and regularly update the organization’s risk register on a weekly and monthly basis.
- Track the implementation of risk mitigation strategies and validate outcomes.
- Recommend improvements to internal processes to enhance control effectiveness.
- Assist in the investigation of fraud, inefficiencies, and other anomalies, providing actionable recommendations.
Compliance & Internal Controls
- Participate in the design and implementation of internal control processes to mitigate identified risks.
- Monitor compliance with internal policies, regulatory obligations, and risk standards.
- Conduct internal reviews to ensure adherence to risk management protocols.
- Identify and report emerging risks and control gaps with recommended mitigation strategies.
Key Performance Indicators
- Accuracy and timeliness of risk register updates
- Effectiveness of implemented risk controls.
- Number and quality of process improvement recommendations
- Compliance level with regulatory and internal risk policies
Knowledge Requirements
- Knowledge of legislations, its changes and developments as they affect the Food Industry,
- Knowledge of Fundamentals of Accounting
- Knowledge of Risk & Compliance standards or processes
- Knowledge of legal standards and in-house policies
- Knowledge of reporting procedures and record keeping
- Knowledge of the QSR/Food Industry practices Good interpersonal, communications and flexibility
Job Specifications
- A good first degree in Law, Finance, Accounting, or any other related areas
- Membership of the ICAN, ACCA or any other related professional qualification is an added advantage
- Minimum of 2 years work experience in an administrative capacity in a similar industry / environment
Decision Expectations
- Recommend business improvement opportunities
- Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
- Assist in risk minimization