Risk Manager at MFS Africa

The Role

We have an exciting opportunity for a Risk Manager to take responsibility of managing and evolving the MFS Africa Group Enterprise and Operational Risk Program. The Manager will be responsible for leading and managing MFS Africa’s approach to enterprise and operational risk management including credit, foreign exchange, operational, compliance, anti-money laundering, personal data, cyber & information security, reputational, and other risks as they become relevant.

The ideal candidate should have a strong Enterprise and Operational Risk Management background and is comfortable operating independently, pragmatically, and efficiently.

The role will work across all functions, activities and geographies of MFS Africa Group and will collaborate with key stakeholders and staff across the Group. The position will be based in Johannesburg, South Africa and will report to the Director Legal & Regulatory Affairs and GRC.

The duties and responsibilities of the role will be as follows:

• Maintaining and updating as necessary the Enterprise Risk Management framework, including holding periodic assessments with senior management and updating of Risk Appetite Statement

• Designing the relevant Operational Risk management framework, including the introduction and management of a Risk and Control Self-Assessment (RCSA) program

• Ensuring the ongoing monitoring and testing of key controls

• Overseeing and tracking the timely and adequate closure of risks, and escalating issues to management and board

• Updating related Risk Management policies and procedures

• Continuous monitoring of the effectiveness of the framework and the adherence to policies and procedures

• Maintaining awareness of Risk Management across the organization, including awareness of risk event reporting process

• Maintaining and providing updates to senior management and Board Audit & Risk Committee on the risk management program and risk events

• Provide advisory guidance and support for business growth and opportunities across MFS Africa ensuring alignment to risk appetite of the organization

• Be the primary point of contact for external auditors and other third parties who may need to interact with the risk management function

Requirements

Skills and Competencies

• Thrive in a diverse, collaborative environment involving different stakeholders and subject matter experts

• Can work autonomously in a highly demanding and often ambiguous environment

• Comfortable dealing with senior management and Board level, often with contentious issues

Qualifications

• At least 5 years of Enterprise and Operational Risk Management experience at management level

• Good practical understanding and application of corporate governance standards as it applies to Risk Management

• Extensive practical knowledge and experience of financial services ideally gained in banking, payments, fintech sectors

• A sound understanding of digital and cash-based money transfer operations as well as broader e-commerce related activities

• A relevant qualification in Risk Management or other relevant discipline

Benefits

• We have a very diverse work environment with over 28+ nationalities represented and continually strive to build a culture of caring and execution

• We operate a flexible remote working policy

• We offer a competitive salary package and bonuses

• We prioritize the overall well being of our staff through various initiatives aimed at ensuring they reach their full potential in a supportive environment

• We solve relevant problems for Africa and the world in hope of continuing to make an impact on the millions, if not billions, of users who also believe in what we do

• We work at the very cutting edge of fin-tech in Africa