Business Risk Management - Merchant & Inclusion
Interswitch Group
Lagos, Nigeria
Posted on Tuesday, September 12, 2023
Key Responsibilities
- SupportsindrivingtheentrenchmentofRiskCulture andEnterpriseriskmanagement, strategy,andobjective-setting enterprise-wide
- Supports in strengthening the Enterprise Risk Management Framework organization-wideandparticularly fortheMerchant& FinancialInclusionGroups
- Developsandensurestheimplementationof RiskManagementPoliciesandProcessed
- Risk assessment: Conduct enterprise, ad-hoc, product and third-party risk assessments onBusiness Lines, new & existing Products and Services; Vendors and Third-party serviceprovidersinlinewithcertification,leadingpractice, andregulatorystandardsexpectations
- Maintains working and up-to-date Risk Register, RCSA organization-wide and particularlyfortheMerchant& FinancialInclusion Groups
- Ensuresnewandexistingproductscomplywithsetbaselines beforego-live
- MerchantsandAgentsrisk &complianceoversightonnewandexistingrelationships
- Develops risk awareness presentations and conducts same across Business Lines topromoteandraiseriskmanagementculture andawareness inthe organization
- Provides risk expert advisory services on new initiatives and existing businessrelationships
- DevelopsandoperatesRisk KeyPerformanceIndicatorsandRisk Analytics
- SupportsoversightrelatingtoDataProtectionregulationsandprocesses
- Supportsriskmanagementactivitiesinregionalcountriesandsubsidiaries
- Develops Key Risk Indicators (KRI) for proactive risk monitoring organization-wide andparticularlyfortheMerchant& FinancialInclusionGroups
- Prepares Risk Management reports for Department, Group, Senior Management and RiskCommitteeandtheBoard
- Monitors and Reports Operational losses, Claims, and Refunds; Engages concernedBusiness groupstoperformrootcauseanalyseson identifiedrisk eventstorecommendimprovements to prevent these risk events from re-occurring in the future. Whennecessary,refertoInternalAuditforinvestigation.