Internal Risk & Audit Officer at Vaste Finance

About the Role

We are seeking a qualified and experienced professional to join our team as an Internal Risk & Audit Officer. In this role, you will be responsible for managing risk assessments, developing audit strategies, and ensuring the organization maintains robust controls and regulatory compliance.

Risk Management Responsibilities

• Conduct regular risk assessments and evaluate the effectiveness of current risk management processes
• Identify risks, assess their plausibility and potential impact, and develop risk mitigation and management policies
• Coordinate the RCSA (Risk and Control Self-Assessment) 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
• Manage and prepare all documentation related to risk assessments and reviews of standard operating procedures
• Deliver regular risk analysis reports to management with actionable plans for avoiding or preventing potential threats
• Evaluate employees' risk awareness and conduct training when necessary
• Develop risk control and management strategies to reduce financial and legal impact on the business
• Provide guidance to senior management and stakeholders regarding current and potential risks through reports, documentation, and periodic presentations
• Ensure the company meets all legal and regulatory risk requirements
• Prepare risk contingency plans to address future risk management issues

Audit Responsibilities

• Conduct 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
• Communicate audit results to management and stakeholders
• Perform and control the full audit cycle including risk management and control management over operations' effectiveness and financial matters

Location

Lagos, Nigeria