Job For Risk and Compliance Manager at Arca Payments Company Limited, 25th February, 2019


Arca Payments Company Limited is a highly advanced Technology platform, helping to empower the new, digital era for Payments and fostering the Open Banking ecosystem. We are recruiting to fill the position below:     Job Title: Risk and Compliance Manager Location: Lagos Job Description

  • The Risk & Compliance Manager will be responsible for developing, planning, and executing all risk, audit and compliance programs based on risk assessments in a financial environment.
The position will be charged but not limited to these responsibilities:
  • Take ownership and accountability for the internal audit of allocated audit-able areas; including IT general and application control reviews for areas allocated to process auditors in the performance of integrated audits
  • Perform various audits (IT/Financial and Operational) at corporate and subsidiary locations
  • Compilation of process documentation, performance of interviews/walk through, execution of audit testing, and documentation of results/deficiencies.
  • Preparation of audit reports to management and/or Audit Committee.
  • Assist in the development of a combined assurance approach and work with, and co-ordinate work with external audit, when required
  • Evaluate the adequacy of the company’s internal control framework in addressing risks, compliance and accomplishing the company’s goals and objectives.
  • To actively monitor regulatory developments, assess the potential impact on the business and deliver findings and recommendations.
  • Reviewing, updating, implementing compliance policies, procedures and manuals.
  • Maintain and update a risk register
  • Delivering risk and compliance training sessions with particular focus on range of company products & services.
  • Daily monitoring of activity to identify emerging risks, possible compliance breaches and taking remedial action where necessary and assessing and reporting on implications to the business.
  • Identify areas of improvement and efficiency on the Internal Controls including compliance with policies, procedures, legal and contractual requirements
Qualification
  • B.Sc/M.Sc degree in Computer Science, Engineering or a related subject.
Required Experience
  • In-depth knowledge of ISO2K & PCIDSS requirements
  • Ability to plan, perform, document and report on internal audits.
  • Notable level familiarity with various IT platforms, operating systems and information security.
  • Detailed familiarity with SDLC projects, change management and other general controls.
  • Experience in terms of assisting with the development and/or improvement of IT audit methodologies.
  • 4-6 years of cumulative relevant experience in risk management/compliance/Audit role with good understanding of all aspects of Operational Risk Management within a financial technology environment
  • Evaluation of Internal Controls: The ability to analyze process controls for effectiveness from a design and implementation perspective
  • Remedial Action Development: The ability to develop control improvements required to mitigate the risks or control failures identified during internal audit reviews.
  • Risk Acceptance: The ability to facilitate a formal acceptance process of reviewing and accepting residual risk, depending on the outcomes of risk identification and measurement.
  • Risk Response Strategy: The ability to facilitate the creation and adoption of an appropriate risk response strategy and to assign ownership for the risk response.
  • Evaluating Risk Management Effectiveness: The ability to determine if risk management and control measures are achieving the desired results and mitigating risks at the expected level.
Compensation The Compensation & Benefits for the role is highly attractive and the work environment is conducive.     How to Apply Interested and qualified candidates should: Click here to apply   Application Deadline 11th March, 2019 Note: We make it a point of view to review all applications and to those that match the specification we are looking to hire. Please click on the link and apply on the portal accordingly.