Risk & Compliance Officer at Eldoret Water and Sanitation Company Limited (ELDOWAS)

Position Overview

An exciting opportunity has arisen for a motivated professional to join our organization in a Risk & Compliance Officer role.

Operational Roles and Responsibilities

• Identify, analyze, and document risks, ensuring that action plans and mitigations are in place and being implemented
• Prepare regular quarterly reports on the status of risks, including new risks identified
• Create and implement risk awareness programs throughout the organization
• Assist in updating the Enterprise Risk Management framework and related policies, guidelines, and procedures
• Continuously research the internal and external risk environment to ensure proactive risk management programs are in place
• Undertake risk ratings reviews and scenario planning
• Maintain and update a company-wide inventory of risk registers
• Establish and monitor key risk indicators
• Analyze transactions, internal reports, and financial information for potential risks
• Advise on policies, procedures, and control self-assessment tools in response to identified risks
• Provide training and technical support to management and employees regarding risk management strategies and programs
• Enforce, implement, and train staff on risk policies and procedures
• Conduct quarterly risk reviews of company investments
• Conduct risk assessments to analyze areas of potential risk in investment and business support processes
• Report on company-wide potential risk areas and weaknesses
• Carry out investigations on the enterprise risk profile to certify that company risk standards and criteria are met
• Perform any other duties as assigned

Key Result Areas

• Effective operational cost control of the department's financial resources
• Successful implementation of quality control standards for services offered by the department
• Effective supervision and management of department operations