To provide strategic leadership and oversight of the Risk Management Department (Enterprise Risk, AML/CFT/CPT and Business Continuity Management Units) by ensuring compliance with all applicable securities laws, rules, regulations by the Commission and develop guidelines and ensure compliance by market operators.
Major Accountabilities & Responsibilities
Provide leadership and direction to the Risk Management Department, fostering a strong culture of risk awareness, accountability, and proactive risk management across the Commission.
Development and implementation of Annual Risk Management Plan for the Commission
Proactively identify emerging and existing compliance vulnerabilities and risk exposures, and design, oversee, and monitor the implementation of effective mitigation and corrective action plans.
Contribute to strategic planning and policy formulation processes by providing expert risk management advice to support informed decision‑making and organisational direction.
Collaborate with departments across the Commission to ensure the comprehensive identification, assessment, and management of operational, financial, strategic, and regulatory risks.
Assess, manage, and mitigate significant risks that may affect the Commission’s capital adequacy, financial performance, operational resilience, or reputation, including market, credit, liquidity, and operational risks.
Direct the design and delivery of risk management training programmes, workshops, and awareness initiatives to strengthen risk management capacity and literacy within the Commission and the market.
Oversee the preparation of risk assessment and risk monitoring reports and present same to Executive Management and relevant stakeholders, highlighting key risks, mitigation measures, and emerging trends.
Serve as the primary focal point for all risk management matters, liaising with internal and external stakeholders, including regulators, auditors and industry bodies.
Perform any other duties consistent with the scope, objectives, and intent of the role as may be assigned from time to time.
Educational Qualification and Experience
A minimum of a Master’s Degree in Risk Management, Mathematics, Business Administration, Finance, Accounting, or relevant field from an accredited tertiary institution.
Relevant professional qualification, such as, ICA, ACCA, CIMA, FRM, and in good standing.
A minimum of fifteen (15) years’ relevant working experience, five (5) of which must be in a Managerial position.
Evidence of Leadership Training and CPD Training in Risk Management, AML/CFT and Business Continuity.
Competencies Required
Strong understanding and knowledge of the capital market industry, legal framework, products and services and the role of market participants
Strong Management, Leaderhsip and decision-making capabilities
Strong Computer and IT Literacy (Word, Excel, Power Point, etc.)
Strong Analytical skills.
Excellent communication skills
Excellent presentation and facilitation skills
Excellent interpersonal skills.
Ability to lead and motivate
Trustworthiness – ability to conduct self in a manner which elicits trust, respect, and confidence.
Ability to work under pressure and meet deadlines.