Interswitch is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organizations on a timely and consistent basis. Our vision is to build a prosperous Africa driven by a seamless exchange of value and commerce. We are recruiting to fill the position below: Job Position: Operational Risk Management Analyst Job Location: Lagos, Nigeria
Job type: Full-time (Hybrid)
Key Responsibilities
Support the implementation of Enterprise/Operational Risk Management process & programs.
Conduct Enterprise Risk Assessments on Business and Support Groups and as required to support the requirements of Regulators or adopted Certification Standards.
Works with Business and Support Groups to ensure the development of the Risk Register, RCSA, and continuous update of the Risk Register as the business environment changes.
In Collaboration with Business Groups, design and develop controls to mitigate identified risks.
Develops and ensures the implementation of Risk Management Policies and Processes
Conducts Product-Level Risk Assessment on existing and new products and Services; ensures concerns raised are owned and addressed before Go-Live.
Develops risk awareness presentation and conducts same across Business Groups to promote and raise risk management culture and awareness in the organization.
Ensures Risk Assessments of newly developed processes are conducted before they are signed off by their Owners.
Update the Risk Register with the new details of the risk assessment.
Develops Key Risk Indicators (KRI) for proactive monitoring of risks across Business Groups.
Monitors and Reports Operational losses, Claims, and Refunds; Engages concerned Business groups to perform root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in the future.
Supports Business Groups to review Systems and Processes for adequacy of controls as documented in policies and processes in line with best practice.
Ensures continuous monitoring of security pledges and timely reporting on the Bank’s exposures.