Risk Control Manager Job at PalmPay

PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.

We are recruiting to fill the position below:

Job Position: Risk Control Manager

Job Location: Oregun, Lagos
Employment type: Full-time

Job Summary

• We are looking for a highly skilled Risk Control Manager to oversee our risk management and control processes.
• The ideal candidate will have a strong background in risk assessment, risk mitigation strategies, and compliance management.
• The Risk Control Manager will be responsible for identifying potential risks, developing strategies to mitigate those risks, and ensuring compliance with regulatory requirements.

Responsibilities

• Develop and implement risk management policies and procedures to identify, assess, and mitigate potential risks.
• Conduct regular risk assessments to identify emerging risks and evaluate existing risk controls.
• Coordinate with internal and external stakeholders to ensure compliance with regulatory requirements.
• Conduct training sessions for employees on risk management principles and practices.
• Prepare reports and presentations on risk management activities and findings for senior management.
• Collaborate with department heads to develop risk mitigation strategies and action plans.
• Monitor and analyze key risk indicators to assess the effectiveness of risk control measures.
• Provide guidance and support to business units on risk management best practices.
• Stay informed about industry trends, regulatory changes, and best practices in risk management.
• Lead investigations into risk-related incidents and develop corrective actions to prevent recurrence.

Requirements

• Bachelor's degree in business administration, finance, risk management, or related field (preferred).
• Minimum of 3 years of experience in a financial institution.
• Proven experience in risk management, risk control, or a related field.
• Strong knowledge of risk assessment methodologies and risk mitigation strategies.
• Familiarity with regulatory requirements related to risk management (e.g., SOX, GDPR, etc.).
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal abilities.
• Strong leadership and team management skills.
• Ability to work independently and collaboratively in a fast-paced environment.