Job Summary
The Risk Manager will be responsible for developing, implementing, and overseeing risk management frameworks to identify, assess, and mitigate risks across ACE Money Transfer’s operations. This includes financial, operational, strategic, technological, and reputational risks. The Risk Manager will embed risk culture, support new product and market risk assessments, conduct scenario analysis, and ensure compliance with regulatory risk management standards. The role provides senior leadership with regular risk reporting, insights, and recommendations to ensure the company operates within its defined risk appetite.
Responsibilities
- Risk Identification & Assessment : Lead risk identification processes across all business units; maintain and update the corporate risk register; conduct regular risk assessments for new products, markets, and strategic initiatives.
- Risk Monitoring & Control : Oversee implementation of risk control measures and track their effectiveness; monitor key risk indicators (KRIs) and ensure early warning systems are in place; conduct stress testing and scenario analysis.
- Enterprise Risk Framework : Develop and maintain risk management frameworks, policies, and procedures; ensure alignment with international standards (e.g., ISO 31000, COSO ERM); support integration of risk practices into day-to-day operations.
- Reporting & Governance : Prepare regular risk reports for senior management and the board; highlight material risks, mitigation strategies, and required actions; support regulatory reporting related to risk management.
- Training & Awareness : Deliver training to staff on risk awareness and risk management practices; promote a culture of proactive risk identification and accountability across departments.
- Leadership & Coordination : Supervise and mentor risk analysts; coordinate with compliance, fraud, internal audit, and operations to ensure comprehensive risk oversight; lead cross-functional risk workshops and risk assessments.
Qualifications and Skills
Bachelor’s degree in Finance, Business, Risk Management, Economics, or related field (Master’s or professional certification preferred, e.g., FRM, PRM, IRM).Minimum 7 years’ experience in risk management within financial services, payments, or remittance industry.Strong knowledge of enterprise and operational risk management frameworks.Experience with risk assessment tools, data analytics, and reporting systems.Excellent analytical, problem-solving, and decision-making skills.Strong communication and presentation skills, with ability to influence senior stakeholders.Ability to work independently and manage multiple priorities under tight deadlines.Proven leadership and team development skills.Details
Seniority level : Mid-Senior levelEmployment type : Full-timeJob function : Finance and SalesIndustries : Internet Publishing#J-18808-Ljbffr