Risk Manager at Omnibiz Africa

At Omnibiz, we’re fully dedicated to supporting local businesses and helping them navigate the modern market. Over 52,000 businesses across the FMCG industry have trusted us to provide them with the services and necessary tools to overcome contemporary challenges in the market place. Why? The answer is simple - they believe the same thing that we at Omnibiz believe: for the global economy to thrive, local businesses must be given the grounds to grow.

As our adventure evolves, we will continue to support local businesses, provide retailers with the necessary tools to thrive in today’s market, partner with industry stakeholders, and relentlessly pursue opportunities to help Africa’s economy grow. Our work has only just begun and although the current results are encouraging, we also realize that the road ahead is long and full of challenges. Regardless, we are excited about the opportunities that exist, the pathways we are creating, and the businesses we are building relationships with.

We are recruiting to fill the position below:

Job Title: Risk Manager

Location: Ijora, Lagos
Employment Type: Full-time
Reports To: Internal Audit and Risk Manager

Role Summary

• The Risk Manager plays a crucial role in identifying, assessing, and mitigating potential risks across the organization.
• This position is responsible for developing and implementing comprehensive risk management strategies that align with the company’s objectives.
• The Risk Manager will collaborate with cross-functional teams to integrate risk management practices into business operations and design strategies to address identified risks.

Key Responsibilities
Risk Assessment and Analysis:

• Conduct regular risk assessments to identify potential risks and fraud across various business functions and lines of business.
• Analyze risk data and trends to provide actionable insights

Strategy Development and Implementation:

• Design and implement strategies and policies to mitigate identified risks.
• Ensure that risk management is integrated into the organisation’s business continuity strategy
• Set Key Risk Indicators for each business function and track and monitor mitigation and resolution.

Crisis Management:

• Develop the organisation’s Crisis Management Framework, Business Continuity Plan/strategy and Enterprise Risk Framework
• Coordinate the organisations response during crisis or unexpected events
• Implement crisis management plans and communicate with stakeholders

Monitoring and Reporting:

• Monitor and review risk mitigation plans to ensure effectiveness.
• Develop and implement internal risk management reports and dashboards

Financial Risk Management:

• Develop strategies to mitigate financial risks such as market fluctuations, credit risk, currency risks.

Cross functional Collaboration:

• Collaborate with cross-functional teams to integrate risk management practices into business operations.

Incident Response:

• Respond to and investigate risk incidents or breaches, working with relevant departments to resolve issues

Insurance Management:

• Procure and manage insurance policies Respond to and investigate risk incidents or breaches, working with relevant departments to resolve issues
• Assess the organisation’s risk exposure and work with insurance brokers
• Co-ordinate the filing and management of insurance claims when necessary

Compliance and Best Practices:

• Ensure the organisation complies with legal, regulatory and industry standards related to risk management
• Stay updated on emerging risk related regulations and best practices

Providing Risk Management Training:

• Develop training materials and conduct workshops
• Educate staff and stakeholders on risk management strategies and policies

Qualifications
Education:

• Bachelor's degree in one of the following fields: Business Administration, Finance, Economics, Risk Management, Mathematics, Statistics or a related field;
• A master’s degree (MBA or a related field) is preferred but not required.

Experience:

• 5 to 7 years’ experience in risk management.
• Experience should include conducting risk assessments, developing risk mitigation strategies, and analyzing risk data and trends.

Certifications:

• Certified Risk Manager; or
• Financial Risk Manager; or
• Professional Risk Manager

Competencies:

• Excellent communication and leadership skills
• Ability to collaborate effectively across departments
• Analytical mindset with strong problem-solving abilities.

Application Closing Date
30th March, 2025.

How to Apply
Interested and qualified candidates should forward their CV to: careers@omniretail.africa using the Job Title as the subject of the email.