Risk Manager
Posted today
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Lets Write Africa's Story Together
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
The purpose of this job is to support the Enterprise Risk Management and Compliance function through the implementation of the Risk Management and Compliance Framework within the standards defined by the Group, including the identification, measurement, monitoring and reporting of risk and enforcing compliance with policies, processes, procedures and controls.
- Responsibilities
- Monitor implementation of the Group's risk policies, procedures, standards, systems and guidelines and identify gaps to be closed (30%)
- In conjunction with the Group Head of Financial Risk, conduct stress tests, sensitivity analysis and scenario simulations to update the Board and EXCO on the risks that the company is facing and how to mitigate them (20%)
- Monitor full compliance against established risk standards/benchmarks and regulatory requirements, including transaction monitoring, tracking risk & compliance matrix and review of reports sent to the regulator (10%)
- Identify potential areas of risk and control gaps; provide guidance on how to mitigate the risks identified; conduct follow-up to ensure corrective actions are implemented (10%)
- Provide the necessary awareness among management and staff through guidance, communications, and training to ensure compliance with the company's framework and methodologies, including internal policies, procedures, standards and guidelines (10%)
- Provide regular reporting as required on risk and compliance, including Dashboards and Reports for Financial, Operational risk (including business continuity), compliance and AML/CFT reports, quarterly Board reports, and Risk Management Reports MANCO (10%)
- Adequacy of personal competence through continuous professional and technical education to effectively perform risk and compliance tasks (10%)
- Main Activities
- Conduct identification and assessment of the risk gaps for each functional area /department of the company and recommend controls to reduce residual risk.
- Conduct independent monitoring and oversight of the risk appetite limits.
- In conjunction with the Group Head of Financial Risk, conduct gap analysis and stress tests for market, credit risk and liquidity risk to update the Board and EXCO on the risks that the company is running and how to mitigate them.
- Prepare periodic reports to regularly update the financial and operational risk exposures and circulate them to the various Heads of Department for action.
- Review of Risk and Control Self-Assessment (RCSA), incidence reports, key risk indicators (KRIs), loss data collection, and conduct other risk analytics.
- Assist in the development of the company Risk management standards reviews of all policies, policy guidelines and procedures that provide direction on processes within the company.
- Assist with conducting compliance risk assessments with a focus on AML/CFT and assess AML/CFT risk from new products, delivery channels, and services and conduct annual AML/CFT risk assessment.
- Knowledge and Experience
- Bachelor's degree in actuarial science, finance, business administration or related field
- Professional certifications or qualifications in Actuarial Science or Risk Management required.
- A minimum of 5+ years in mid-level risk management experience in the insurance sector.
- Skills and Competencies
- Excellent communication skills.
- Financial risk expertise highly preferred.
- Demonstrated ability to motivate and manage a diverse team toward strategic goals of the risk management function.
- Demonstrated ability to build consensus across various constituencies and achieve results through the effort of others.
- Strong planning and organizational skills, with an ability to establish a strategic direction and subsequently outline initiatives and develop priorities in support of that vision.
Skills
Action Planning, Analytics Software, Budget Management, Computer Literacy, Data Analysis, Database Reporting, Data Compilation, Data Controls, Data Interpretations, Evaluating Information, Management Reporting, Numerical Aptitude, Report Review
Competencies
Business Insight
Communicates Effectively
Courage
Ensures Accountability
Financial Acumen
Instills Trust
Manages Complexity
Optimizes Work Processes
Education
NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent
Closing Date
02 October 2025 , 23:59
The Old Mutual Story
Financial Risk Management Lead
Posted today
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Job Description
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. Our purpose is to inspire confidence and empower change. We have a notable Africa Footprint serving clients across the continent. Our East Africa practice comprises Kenya, Uganda, Tanzania, and Rwanda.
The Nairobi office serves as the regional coordinating office providing the required networking to facilitate delivery of services on a timely basis to meet and exceed our clients' expectations.
Key roles and responsibilities
Manage Engagements.
- Supporting with the organization and execution of multiple financial risk management engagements (including projects relating to regulatory, credit risk management / modelling, market risk / valuations, etc.).
- Supporting with other strategic engagements to assist clients with enhancing their financial risk management capabilities.
- Developing a client account plan and engaging with a vast client-base within the financial services industry, including banks, development finance institutions, micro-lenders and retailers.
Business Development.
- Develop and maintain relationships with decision makers at key clients
- Contribute to proposal development efforts
- Manage engagement risk and project budget
- Report to Africa USAID account lead partner on key performance metrics – Pipeline & assignments
Team Development.
- Support the development of strong delivery teams, from recruitment, mentoring, on the job development and retention
- Day-to-day management of staff to deliver on assignments and project, as well as perform administrate task over the team management (such as planning, operational matters and budgeting)
- Mentor /coach senior staff with career growth.
Personal Development.
- Involvement in community and office initiatives
- Contribute to thought leadership via at least three activities e.g. articles and speaking at events
- National / local training instructor
- Ensure continuous learning through compliance to 40 Continuous Professional Development (CPA) hours
Risk Management
Ensure 100% compliance to Quality and Risk Management Policies, Standards and Procedures.
Any other tasks that will be assigned to you.
Lead- Financial Risk Management
Academic/Professional qualifications and Experience:
- Must have a Master's degree in accounting, business, actuarial science, or related relevant degree course
- Must have a minimum 10 years of experience in a quantitative credit risk-based role.
- FRM (GARP) is an added advantage
- Coding experience is an added advantage.
Technical competencies & Personal attributes:
- Relevant experience within a quantitative credit risk-based role would be desired.
- Well versed in contemporary mathematical / statistical techniques and practices in financial risk management areas (e.g. credit risk modelling, etc.).
- Strong analytical & problem-solving skills, with the ability to proactively engage and consult with others across all levels.
- Must demonstrate strategic insights on client management and engagements.
- Experience of leading teams, coaching and mentoring staff.
- Able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
- Drive market opportunities and engage with clients.
- Strong business writing, report writing, presentation and research skills.
- A high aptitude for learning new approaches and innovation.
- Proven experience in formulating business strategy and growth.
- Diligent and committed to excellence.
- Excellent coordination and planning skills.
- Resilience and Tenacity: must be able to always sustain motivation and commitment and can contain and absorb stressful moments and issues.
- Willingness to travel within and outside the region on a need basis.
We offer:
- An exciting opportunity to work with a Big 4 firm on cutting edge clients across Africa.
- Continuous learning and development.
- Exposure to multi-disciplinary client service teams.
- Unrivalled space to grow and be innovative.
- Opportunity for international travel.
If your career aspirations match this exciting opportunity,
please use the link below to apply:
If your career aspirations match this exciting opportunity, please use the link below to apply: Financial Risk Management Lead – Candidate's Summary. Filling the link is mandatory for consideration alongside your application to quoting '
Financial Risk Management Lead'.
This position shall be shortlisted on a rolling basis.
Please note that only shortlisted candidates will be contacted.
Senior Financial Risk Manager
Posted 11 days ago
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Job Description
Responsibilities:
- Develop and implement robust risk management frameworks and policies.
- Identify, assess, and quantify various financial risks, including market, credit, operational, and liquidity risks.
- Design and oversee stress testing and scenario analysis programs.
- Monitor key risk indicators (KRIs) and ensure timely reporting to senior management and regulatory bodies.
- Collaborate with business units to embed risk management principles into daily operations.
- Develop and maintain risk models and analytical tools.
- Ensure compliance with relevant financial regulations and industry best practices.
- Provide expert advice and guidance on risk-related matters to support strategic decision-making.
- Lead and mentor a team of risk analysts in a remote environment.
- Stay abreast of emerging risks and market developments.
- Prepare comprehensive risk reports and present findings to executive leadership.
- Master's degree in Finance, Economics, Statistics, Mathematics, or a related field.
- Professional certifications such as FRM, CFA, or PRM are highly desirable.
- Minimum of 7 years of progressive experience in financial risk management within the banking or financial services sector.
- In-depth knowledge of risk management principles, methodologies, and regulatory requirements (e.g., Basel Accords).
- Strong analytical, quantitative, and problem-solving skills.
- Proficiency in risk management software and tools, as well as advanced Excel and statistical analysis packages.
- Excellent communication, presentation, and interpersonal skills, with the ability to influence stakeholders in a remote setting.
- Proven leadership experience and the ability to manage and develop a remote team.
- Strategic thinking and a proactive approach to risk identification and mitigation.
Lead Actuarial Analyst - Risk Management
Posted 19 days ago
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Job Description
Lead Quantitative Analyst, Risk Management
Posted 19 days ago
Job Viewed
Job Description
Key responsibilities include designing, developing, and validating quantitative models for credit risk, market risk, and operational risk. You will analyze large datasets, identify trends, and provide actionable insights to senior management. This role requires a strong understanding of financial markets, derivative pricing, and statistical modeling techniques. Collaboration with business units, IT, and compliance teams will be essential to ensure the effective deployment and monitoring of models. You will also be responsible for staying abreast of regulatory changes and industry best practices in quantitative risk management. The ideal candidate possesses exceptional analytical prowess, advanced programming skills (e.g., Python, R, C++), and a deep understanding of financial instruments and risk metrics. Experience with risk management software and data visualization tools is a plus. As a lead, you will mentor junior analysts, oversee model development projects, and communicate complex technical concepts clearly and concisely to diverse audiences. This position demands a high degree of autonomy, excellent problem-solving abilities, and a commitment to producing accurate and reliable results in a remote setting. Strong communication and interpersonal skills are vital for effective virtual collaboration. If you are a highly motivated quantitative professional seeking a challenging and rewarding remote career in banking and finance, we encourage you to apply. The **job location** is remote, and while this position is associated with our operations, no physical relocation to Mombasa, Mombasa, KE is necessary.
Lead Financial Risk Manager (Remote)
Posted 10 days ago
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Job Description
Key Responsibilities:
- Develop and implement enterprise-wide risk management policies and procedures.
- Identify, assess, and monitor financial risks, including credit risk, market risk, liquidity risk, and operational risk.
- Design and oversee stress testing and scenario analysis programs.
- Develop risk appetite statements and key risk indicators (KRIs).
- Ensure compliance with relevant financial regulations (e.g., Basel Accords, local banking laws).
- Collaborate with business units to integrate risk management into strategic decision-making.
- Prepare comprehensive risk reports for senior management and the Board of Directors.
- Lead and mentor a team of risk analysts and managers.
- Stay abreast of emerging risks and evolving regulatory landscapes.
- Develop and maintain strong relationships with internal and external stakeholders, including regulators.
- Master's degree in Finance, Economics, Mathematics, or a related quantitative field. A professional certification like FRM or PRM is highly desirable.
- Minimum of 7-10 years of progressive experience in financial risk management within the banking or financial services sector.
- In-depth knowledge of various financial risk types and risk modeling techniques.
- Proven experience in developing and implementing risk management frameworks and policies.
- Strong understanding of banking regulations and compliance requirements.
- Excellent analytical, problem-solving, and strategic thinking skills.
- Exceptional leadership, communication, and interpersonal skills, with the ability to influence stakeholders at all levels.
- Proficiency in risk management software and data analysis tools.
- Ability to manage complex projects and lead cross-functional teams in a remote setting.
- Demonstrated ability to think critically and make sound judgments under pressure.
Senior Quantitative Analyst - Risk Management
Posted 17 days ago
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Job Description
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Senior Actuarial Analyst - Risk Management
Posted 19 days ago
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Senior Financial Analyst - Risk Management
Posted 17 days ago
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Job Description
Primary responsibilities will include:
- Developing and maintaining comprehensive risk assessment models and methodologies.
- Analyzing financial data to identify emerging risks and trends, and preparing detailed reports for management.
- Implementing and monitoring risk mitigation strategies and controls.
- Ensuring compliance with banking regulations and internal policies related to risk management.
- Collaborating with various departments to integrate risk management principles into business operations.
- Conducting stress testing and scenario analysis to evaluate the impact of adverse market conditions.
- Staying current with industry best practices and regulatory changes in financial risk management.
- Contributing to the development and execution of business continuity and disaster recovery plans.
- Providing training and guidance to other teams on risk management best practices.
- Utilizing advanced financial modeling software and data analytics tools.
The successful candidate will hold a Master's degree in Finance, Economics, Accounting, or a related quantitative field, with professional certifications such as FRM or CFA being a strong asset. A minimum of 6 years of experience in financial analysis and risk management within the banking or financial services sector is required. Proven expertise in quantitative analysis, financial modeling, and risk assessment techniques is essential. Excellent written and verbal communication skills, strong analytical abilities, and meticulous attention to detail are mandatory. This remote position offers the flexibility to contribute significantly to the financial health of our organization from anywhere, serving clients in Mombasa, Mombasa, KE .
Senior Financial Risk Manager - Regulatory Compliance
Posted 9 days ago
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Job Description
Key Responsibilities:
- Develop and implement robust risk management policies and procedures across various financial areas, including market risk, credit risk, operational risk, and liquidity risk.
- Conduct comprehensive risk assessments and identify potential vulnerabilities and threats to the organization.
- Design and oversee the execution of risk mitigation strategies and control measures.
- Ensure the firm's compliance with relevant financial regulations (e.g., central bank guidelines, international standards).
- Monitor risk exposures and provide regular reports to senior management and the board of directors.
- Lead internal and external audits related to risk management and compliance.
- Develop and deliver risk management training programs to employees at all levels.
- Stay abreast of changes in the regulatory environment and industry best practices.
- Collaborate with legal, compliance, and business units to integrate risk management into strategic decision-making.
- Manage and mentor a team of risk analysts and specialists.
- Master's degree in Finance, Economics, Risk Management, or a related quantitative field. Professional certifications such as FRM, PRM, or CFA are highly desirable.
- Minimum of 8 years of progressive experience in financial risk management, with a significant focus on regulatory compliance.
- In-depth knowledge of financial markets, instruments, and associated risks.
- Proven expertise in implementing and managing risk management frameworks (e.g., Basel Accords, Solvency II).
- Strong understanding of financial regulations and compliance requirements in the banking and financial services sector.
- Excellent analytical, problem-solving, and strategic thinking skills.
- Exceptional written and verbal communication skills, with the ability to articulate complex risk concepts to diverse audiences.
- Proven leadership and team management experience.
- Ability to work independently and manage multiple priorities in a fast-paced, remote environment.
- Must possess a reliable high-speed internet connection and a dedicated home office setup conducive to managing sensitive financial information and remote collaboration.