Position Purpose

Support Risk Department with the implementation of Wave Money’s Risk Management Framework across the organization and facilitating day-to-day risk management processes, including identification, assessment, monitoring and overseeing mitigation actions.

Key Results Area

• Assist in the process of management of risk related to adherence of laws and regulations to which DMM is subject to.
• Support Risk Department and Risk owners to identify and assess risk within the business
• Minimize fraud, reputation damage, and other losses/impacts on the business
• Assist with reviews of status of operational risks and mitigating activities
• Assist with identifying risk changes and escalates material changes to line manager
• Identify and escalate any noncompliance with Code of Conduct or Policies including but not limited to Risk and Compliance matters

Key Responsiblities and Accountabilities

• Assist the line manager in preparing risk reports and dashboards
• Assist in monitoring Key Risk Indicators and escalate Breaches to line manager
• Coordinate with cross-functional units to assess risk and ensure mitigation actions
• Assist in maintaining Risk Register and ensure periodic and holistic review
• Coordinate cross-functional activities related to Risk Management
• Participating in Business Continuity planning and activities
• Perform data analytics and provide insights by checking transactional behaviors and suspicious activities to detect ML/FT
• Provide ad-hoc reporting and scenario analysis
• Manage any assigned operational risk incidents including fraud
• Follow the governance structure and risk management framework set by Wave Money
• Perform administrative activities for Risk Department

Competencies

Communicating with influence: Strong communication skills with the ability to work with a diverse audience in a coherent manner

Attention to detail: able to execute sequential tasks and ensure completeness and accuracy

Service Focus: making it easy to do business with all other departments

Analysis and Problem Solving: Acquires and uses information efficiently to identify problems and offer sustainable solutions

Experience, Functional Skills and Knowledge Areas

• Experience in Risk and Compliance in a Financial Institution or Mobile Operator and/or a holder of appropriate qualifications will be an advantage
• Good English writing and oral skills
• Good working knowledge of Microsoft Office suite and presentation skills