To facilitate the execution of the risk management framework and processes that are essential for the Board in achieving its business objectives.
Analysing and anticipating market trends.
Conducting research to assess financial risks.
Calculating risks involved in transactions and business proposals.
Using statistical computer programmes to analyse financial risks.
Formulating contingency plans.
Recommending precautionary or improvement measures.
Monitoring the implementation of action plans to address key risks on the RCSA/risk registers.
Assisting the Principal Risk Owners with the identification of Key Risk Indicators (KRI) in their business units.
Monitoring the implementation of action plans to address KRI.
Analysing identified trends in the key risk indicators.
Aggregating and analysing risk events reported by the business units into the categories and circulating them in the business every month for staff awareness and/action.
Performing root cause analyses on identified financialrisk events to recommend improvements to prevent these risk events from re-occurring in future.
Assisting the Manager- Risk Management in preparing reports to the Commissioner, Audit Risk & Compliance Committee and the Board of Directors.