DESCRIPTION Objective The Senior Risk Coordinator will work under the supervision of the Senior Director, Risk to ensure that risks are properly identified and controls are in place to help protect and grow the business.
RESPONSIBILITIES The Senior Risk Coordinator will have the following responsibilities: 1. Implement the overall risk strategy and policy and ensure risk taken by the corporation is consistent with the Enterprise Risk Management framework and risk management strategy 2. Provide input to the risk framework and the risk management strategy of Africa50 3. Assist in the implementation and monitoring of the Enterprise Risk Management framework, tools, practices, and policies to analyze, identify, manage, and report enterprise risks 4. Proactively seek and recommend enhancements or adjustments to the risk strategy and policy and Enterprise Risk Management framework 5. Ensure the organization's risk management policies and strategies are in compliance with applicable regulations and strategic imperatives of the organization 6. Conduct risk assessments, identifying strategic, operational, compliance and reporting risks 7. Implement Compliance, AML / KYC / CFT (together, “IDD”) procedures, including participation to investee company/investor/LP reviews and providing IDD approvals required at the various stages of the project cycle. 8. Respond to IDD requests made of the Africa50 Group by other institutions and work closely with the investment team in responding to IDD issues/questions 9. Monitor, analyze and aggregate risks within the organization and report on these risks to the Senior Director, Risk 10. Implement compliance with risk policies, procedures and controls consistent with the risk appetite 11. Support the implementation of the internal control framework and pro-actively identify and implement internal control improvements 12. Assist the Senior Director, Risk with internal audit work 13. Assist in implementing education and training to ensure employees have adequate awareness and understanding of the overall risk management strategy, the Enterprise Risk Management framework, other risk-related Africa50 policies and internal control standards 14. Work with the Senior Director, Risk to build a continuous risk awareness culture in Africa50 15. Contribute to building an environment that is conducive to discussing risk at all staff levels throughout the organization. 16. Monitor and share risk management developments in similar organizations 17. Stay abreast of industry practices and knowledge
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