Netone
DUE: 23 APR 2023
Risk And Compliance Manager (Mobile Financial Services)
NetOne Cellular (Private) Limited seeks to recruit a highly motivated, outstanding and results oriented individual to fill the following position.
Key job purpose
Is to ensure that Mobile Financial Services is conducting its business in full compliance with all National and International laws and statutes, industry best practice, directives and regulatory requirements that pertain to the Financial services and Telecommunications industry, as well as professional standards, accepted business practices, and internal standards and policies through an efficient compliance program. The incumbent shall be responsible to the Head Enterprise and Loss Control.
DUTIES
Develops and implements the Risk Management Framework for the Mobile Financial Services.
Assists in the development of and manages processes to identify and evaluate Mobile Financial Services risks and control self-assessments.
Manages the process of developing risk policies and procedures, risk limits and approval authorities and establishes an effective trigger system for breach.
Manages the MFS risk and control assessment reporting process.
Conducts risk assessments which include on-going analysis of existing risks and the identification of new or emerging risks and keeps pace with any changes in the Mobile Financial Services risk profile and the external risk landscape.
Prepares risk evaluation which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors and evaluating the organization’s ‘risk appetite’, i.e. the level of risk the Company is prepared to accept.
Monitors the consequences of business decisions in relation to predetermined risk appetite.
Participates in key processes including strategic planning, new product development, engagement of key stakeholders and performance monitoring.
Handles Corporate Governance involving external risk reporting to stakeholders.
Conducts risk review on new products before launch.
Establishes measures that ensure the business complies with all applicable laws, statutes and regulations, standards of best practice, internal policies, processes and procedures.
Reviews contracts with third parties to ensure that the company’s interests are protected.
Oversees and ensures proper safe custody of contracts and other important documentation for the business.
Liaises with Legal Department on contract negotiations, reviews and finalization.
Acts as the link between the business and the Regulator.
REQUIREMENTS
Bachelors Degree in Risk Management, Finance, Economics, Financial Engineering, Applied Mathematics, Actuarial Science, Accounting, Risk and Insurance or equivalent.
5 years’ relevant working experience.
Competencies:
Problem-solving skills.
Ability to multi-task with minimum supervision.
Must work well under pressure.
To apply;
Applications accompanied with a detailed Curriculum Vitae should be submitted to: recruitexec@netone.co.zw