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

About the Role

An exciting opportunity has arisen for a motivated professional to join Eldoret Water and Sanitation Company Limited (ELDOWAS) in a critical risk management position.

Position Details

• Job Reference: ELDOWAS/HR/2025/RCO/03
• Posts Available: 1
• Reports to: General Manager, Finance & Strategy
• Department: Finance & Strategy
• Job Grade: 7
• Terms of Engagement: Permanent & Pensionable
• Location: Eldoret, Kenya

Purpose of the Role

To carry out risk assessments to analyze areas of potential risk and make appropriate recommendations and reports.

Main Duties and Responsibilities

Risk Identification and Documentation

• Identify, analyze and document risks, ensuring that action plans (mitigations) are in place and being implemented
• Prepare regular quarterly reports on the status of risks, including newly identified risks
• Maintain an updated company-wide inventory of risk registers
• Conduct risk assessments to analyze areas of potential risk in investment and business support processes

Risk Management Framework and Strategy

• 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 programs are in place
• Undertake risk ratings reviews and scenario planning
• Establish and monitor key risk indicators
• Conduct quarterly risk reviews of company investments

Compliance and Policy Implementation

• Enforce, implement and train staff on risk policies and procedures
• Advise on policies, procedures and control self-assessment tools in response to identified risks
• Conduct investigations on the enterprise risk profile to certify that company risk standards and criteria are met

Awareness and Training

• Create and implement risk awareness programs throughout ELDOWAS
• Provide training and technical support to management and employees regarding risk management strategies and programs

Risk Analysis and Reporting

• Analyze transactions, internal reports and financial information for potential risks
• Report on company-wide potential risk areas and weaknesses