The Senior Risk Manager is accountable for overseeing and managing the organization’s risk function. This role leads the development and implementation of comprehensive processes, tools, and systems to identify, assess, quantify, mitigate, monitor, and communicate risks effectively. The Senior Risk Manager ensures that risk management practices are embedded across the organization and provides timely, actionable insights to the Executive Management, Finance Committee, and Board.
Key Roles and Responsibilities
Lead the development, implementation, and periodic review of a comprehensive risk management framework and policies, ensuring risk is embedded into organizational planning, decision-making, and management activities.
Promote a strong risk culture and awareness across the organization by conducting operational and fraud risk training, aligning risk responses with organizational capacity.
Act as the primary advocate and champion for effective risk management.
Identify, assess, monitor, and escalate key organizational, operational, and shared risks, including fraud risks, ensuring timely mitigation.
Oversee the implementation of risk management action plans, ensuring all agreed actions are executed effectively and in a timely manner.
Lead the development, maintenance, and testing of Business Continuity Plans (BCP) and Disaster Recovery Plans (DRP) across the organization.
Conduct regular risk assessments and maintain up-to-date risk registers, ensuring timely reporting and enhancing the quality, design, and value of risk reports.
Develop and document methodologies for fraud risk assessments and conduct assessments for all new projects.
Integrate risk management, compliance, and control measures into organizational policies and procedures, ensuring alignment with regulatory requirements and donor/grant obligations.
Collaborate with Operations, Finance, and HR to ensure staff awareness of compliance obligations, including grant terms and conditions.
Provide technical guidance and advisory support on risk management and compliance to staff and management.
Support tracking, implementation, and reporting of audit actions to ensure accountability and timely closure of findings.
Research and recommend innovations and emerging risk management approaches.
Educational Qualifications, Career Experience and Skills
MBA or MSC in Business, Finance, Economics, or other relevant fields.
Bachelor’s degree in business, finance, economics, or other relevant fields.
Minimum Eight (8) years overall experience, with Four (4) years at a Managerial level developing and implementing a risk management framework.
Preferred experience in research institutions or non-governmental organizations.
Proven understanding and experience of risk management methodologies.
Proven ability to identify, interpret, and document compliance requirements related to legal, contractual, regulatory, and financial matters.
Appreciation for enterprise risk management and the ability to champion it across the business.
Professional certification in risk management, internal audit, or fraud.
Experience with Risk and Compliance software.
Experience with the development and delivery of risk and compliance training.
Core Competencies
High levels of integrity and confidentiality.
Excellent interpersonal, written, presentation, and communication skills.
Good analytical, problem-solving, and critical thinking skills.
Teamwork and ability to work with diverse teams.
Strong flexibility, adaptability, multi-tasking, and attention to detail.
Strong team coordination and supervisory skills.
Ability to balance multiple priorities to meet deadlines.
Interested and qualified candidates should apply via the Flexi-Personnel application link provided on the portal: https://www.myjobmag.co.ke/apply-now/1209017. This will redirect you to the ATS at ats.flexi-personnel.com.
