Risk Officer at Lawrence Sikutwa & Associates Company Limited

Lawrence Sikutwa & Associates Company Limited (LSA) invites applications from suitably qualified and experienced individuals to fill in the following positions to be based in Lusaka.

KEY QUALIFICATIONS, QUALITIES & ABILITIES

• Full grade twelve certificate with a minimum of a credit in English and Mathematics.
• A relevant Bachelors degree from reputable university and/or a professional
  qualification i.e. CII,CIA, CA ZM, ACCA, CIMA, CRMA, CRISC.
• At least 3 years work experience in a compliance role preferably in a financial
  institution
• Team player and ability to set up a department
• Strong investigative skills
• Self-starter
• Risk Management
• Leadership skills
• Basic Computer skills
• Good communication skills
• A high level of analytical skills
• Excellent work ethic
• Must be familiar with insurance and liability as well as compliance standards for
  the industry, including financial, property, operational, or personnel reporting,
  regulations, and standards.
• Must possess knowledge of risk analysis, database management and risk metrics.
• Extensive knowledge of legal requirements and compliance regulations.

KEY RESPONSIBILITIES

• Identifies potential threats to the financial stability of the company, including risky
  credit, investments, and portfolio inefficiencies.
• Detects potential threats to operational efficiency including underperforming
  resources, personnel liabilities, property inefficiencies, and safety risks.
• Assess risk throughout the organization
• Quantify risk limits
• Develop plans to mitigate risks
• Assist functional managers in risk mitigation
• Monitor the progress of risk mitigation activities
• Create and disseminate risk measurements and reports
• Communicate to key stakeholders regarding the risk profile of the business
• Coordinates programs designed to minimize threats and anticipate threats to the
  company.
• Conducts regular risk assessments either through a team of risk management
  experts or personally on site.
• Recognizes potential threats to the company’s reputation.
• Designs and implements methods for avoiding potential threats using available risk metric software and personal knowledge of the industry.
• Delivers regular risk analysis reports to company executives complete with
  actionable plans for avoiding or preventing potential threats at all levels.
• Undertake any other related duties as assigned from time to time.
• Create an integrated risk framework for the entire organization
• Prepares and maintains internal and external data gathering for risk analysis and
  reporting.
• Manages and prepares all documentation related to risk assessments and reviews
  of standard operating procedures.
• Liaise with Chief Risk and Audit Officer and Internal Audit on risk related issues,
  as well as risks emanating from non-compliance with regulation i.e. Financial
  Intelligence Centre Act,The Pension Scheme Regulation Act.
• Stay abreast with current Risk Management Practices.

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