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11 Lohum Jobs
Head - Risk
Lohum
posted 3+ weeks ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Qualification Bachelor s Degree and above.
Responsibilities:
- Ensure compliance with relevant local and international regulatory requirements and internal risk management principles.
- Support in ensuring that the CEO, the board, and its committee operations receive relevant information in accordance with best practices and international standards for corporate governance.
- Regularly review and recommend changes to the company s risk management and corporate governance documents.
- Work closely with senior management to liaise with regulatory and enforcement agencies where appropriate and proactively manage related risks.
- Provide support, advice, and guidance on compliance, risk, and governance-related issues to the board of directors and senior management.
- Report to the Chair of the Audit and Risk Committee and, where necessary, to the ESG committee on business integrity matters.
- In conjunction with the Board and CEO, lead the creation and maintenance of a strong compliance and business integrity culture in the business.
Development and maintenance of the risk management framework:
- Develop, implement, and oversee a robust risk management strategy and program with good corporate governance and anti-corruption at its core, in line with national and international best practices.
- Establish risk management policies and procedures to identify, measure, monitor, and report operational and integrity-related risks to senior management, the board of directors, and shareholders as appropriate.
- Conduct periodic business integrity and corporate governance-focused risk assessments of the company and its operations, including any projects planned or being undertaken by the company, and report the results of the assessments to the Board and relevant committees.
- Oversee the investigation of business integrity issues and report to management, the board, and shareholders as appropriate.
- Ensure that key compliance records and registers, such as gifts and conflict registers, procurement registers, and delegated and signing authorities, are properly maintained and regularly reviewed.
- Oversee the development and implementation of a whistleblower mechanism for both internal and external reporting, in line with international best practices, with appropriate reporting to the board and investors.
- Develop an approach and oversee the business integrity risk assessment and engagement process for all third-party engagements by the company, including but not limited to service providers, contractors, aggregators, and off-takers.
- Identify and assess risks across various areas of the organization, including operational, financial, strategic, compliance, and reputational risks.
- Collaborate with department heads (supply chain management, business development, finance, HR) to ensure risk identification and mitigation strategies are integrated into business processes and decision-making.
- Lead the development and implementation of risk assessment tools and methodologies to evaluate the impact and likelihood of identified risks.
- Monitor emerging risks and changes in the regulatory environment to ensure the organization remains compliant and adapts its risk management practices accordingly.
- Oversee the design and implementation of risk mitigation strategies, such as risk transfer, risk avoidance, and risk reduction techniques.
- Foster a risk-aware culture by promoting risk awareness, education, and training initiatives across the organization.
- Develop and maintain relationships with internal and external stakeholders, including regulatory bodies, auditors, and insurance providers.
- Stay updated on industry trends, best practices, and emerging technologies in risk management to drive continuous improvement.
Employment Type: Full Time, Permanent
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What Lohum employees are saying about work life
based on 41 employees
Flexible timing
Monday to Saturday
No travel
Day Shift
Lohum Benefits
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