Risk Associate at Food Concepts Plc

Food Concepts commenced operations in 2001. From inception, our aim has been clear-cut and focused: to revolutionize the food sector in West Africa and to deliver extraordinary satisfaction to our stakeholders.

Since launching in 2004, Chicken Republic (Subsidiary of Food concepts) has already opened 55 stores in Nigeria and Ghana. On this basis, we are proud of the brand’s hard-earned reputation as the fastest growing chicken QSR in West Africa and the number 1 chicken QSR in Nigeria (both in revenues and number of outlets). In addition, Chicken Republic was ranked as one of Nigeria’s top 20 brands across all categories (Financial Standards Awards 2009).

We are recruiting to fill the position below:

Job Title: Risk Associate

Requisition ID: 2022
Location: Lagos
Employment Type: Full-time
Department: Shared Services
Reports to (Title): Risk Manager
Direct Reports: Risk Control Officer

Job Purpose

• To ensure the development and implementation of risk policies and procedures in the organization

Core Responsibilities and Key Result Areas
Risk Assessment & Monitoring:

• Consult with relevant units to determine, quantify, and mitigate risks involved in establishing and maintaining various customer and industry relationships
• Perform tracking and reporting on risk strategy implementations and validating post implementation within the organization
• Proactively seek and recommend enhancements to internal processes
• Prepare and update organization risk register on weekly and monthly basis
• Investigate and report all alleged cases of fraud, waste, abuse and inefficiencies and make recommendations on appropriate preventive or remedial actions

Compliance:

• Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
• Implement set processes and controls to eliminate or mitigate potential risks
• Perform internal control functions to minimize risk in the company

Key Performance Indicators

• Quality of risk control assessments
• Quality of business improvement opportunities provided

Knowledge Requirements:

• Knowledge of legislations, its changes and developments as they affect the Food Industry,
• Knowledge of Fundamentals of Accounting
• Knowledge of Risk & Compliance standards or processes
• Knowledge of legal standards and in-house policies
• Knowledge of reporting procedures and record keeping
• Knowledge of the QSR/Food Industry practices Good interpersonal, communications and flexibility

Job Specifications
Educational Requirements:

• A good First Degree in Law, Finance, Accounting, or any other related areas

Professional Requirements:

• Membership of the ICAN, ACCA or any other related professional qualification is an added advantage.

Experience Requirements:

• Minimum of 2 years work experience in an administrative capacity in a similar industry / environment.

Decision Expectations:

• Recommend business improvement opportunities
• Identify potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
• Assist in risk minimization

Working Conditions:

• Jobholder typically work 40 hours per week, Monday to Friday, although there may involve weekend or evening work.
• This role is largely office-based, although at times the individual may require travel to meetings held off-site, as the company has more than one office.
• The role requires precision and attention to detail, as it involves managing risks.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online