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Internal Risk & Audit Officer
Vaste Finance
Lagos, Nigeria
Permanent
Published 2 months ago · Expires 3 weeks from now
Job description
We are looking for a qualified candidate to fill this position.
Key Responsibilities:
Risk Management:
- Conducts regular risk assessments
- Evaluate the current risk management processes and determine their effectiveness in a future scenario
- Identify risks, and evaluate them in terms of their plausibility and repercussions and curate risk mitigation and management policies to reduce the effectiveness of the risk
- Coordinate the RCSA process with inputs from all departments and ensure compliance
- Ensure adequate policies and mitigation measures are in place to minimize operational risks.
- Contribute to the development and implementation of risk management strategies and initiatives to enhance organizational resilience and sustainability.
- Manages and prepares all documentation related to risk assessments and reviews of standard operating procedures
- Delivers regular risk analysis reports to Management complete with actionable plans for avoiding or preventing potential threats at all levels
- Evaluate employees’ risk awareness and train them when necessary
- Develop risk control and management strategies to reduce the financial and legal impact on the business
- Liaise with, and guide senior management and the stakeholders about the current and potential risks through reports, documentation and presentations periodically
- Ensure that the company meets its legal and regulatory risk requirements
- Prepare risk contingency plans to tackle future risk management issues.
- Conducting independent risk assessments as a basis for the audit plan
- Perform internal audits, reviews, and testing procedures to assess the reliability and accuracy of financial and operational information.
- Document audit findings, observations, and recommendations in audit reports, and communicate results to management and stakeholders.
- Perform and control the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
- Identify loopholes and recommend risk aversion measures and cost savings
- Document process and prepare audit findings memorandum
- Conduct follow up audits to monitor Management’s interventions
- Developing and maintaining a risk-based audit plan and submitting the plan and any adjustments to the Management for approval
- Provide ad hoc advice and guidance to managers and staff at all levels, sometimes by delivering courses and training sessions
- Perform risk assessments on key business activities and u...