At Strivo Labs, we are passionate about helping businesses scale with speed and precision. We specialise in providing end-to-end digital solutions, from custom design and MVP development to automation and content creation.
About the Role
- We are seeking an experienced and analytical Risk Manager to lead the identification, assessment, monitoring, and mitigation of risks across the organization.
- The ideal candidate will have a strong background in the financial services industry and a deep understanding of risk frameworks, regulatory requirements, and financial risk management practices.
- The Risk Manager will play a critical role in safeguarding the organization by ensuring effective risk governance, strengthening internal controls, and supporting strategic decision-making through proactive risk assessment.
Key Responsibilitie
Risk Identification & Assessment:
- Identify, assess, and evaluate key risks across the organization including credit risk, operational risk, financial risk, and regulatory risk.
- Develop and maintain a comprehensive enterprise risk management (ERM) framework.
- Conduct risk assessments across business units to identify vulnerabilities and potential exposure.
Risk Monitoring & Reporting:
- Establish risk monitoring processes and maintain risk registers.
- Track key risk indicators (KRIs) and ensure early identification of emerging risks.
- Prepare regular risk reports and dashboards for senior management and executive leadership.
- Provide actionable insights to mitigate potential financial and operational risks.
Policy Development & Governance:
- Develop, implement, and maintain risk management policies, procedures, and frameworks.
- Ensure adherence to internal risk controls and governance standards.
- Support the development of risk appetite frameworks aligned with organizational objectives.
Regulatory Compliance:
- Ensure compliance with financial industry regulations and regulatory requirements.
- Monitor regulatory changes and assess their impact on business operations.
- Work closely with compliance teams to ensure policies and processes meet regulatory standards.
Internal Controls & Risk Mitigation:
- Design and strengthen internal controls to reduce operational and financial risks.
- Support internal audit processes and implement corrective actions where necessary.
- Collaborate with business units to implement effective risk mitigation strategies.
Cross-Functional Collaboration:
- Work closely with Finance, Compliance, Credit Risk, Operations, and Technology teams.
- Provide guidance and training to staff on risk management best practices.
- Support senior leadership in making informed risk-aware business decisions.
KPIs & Performance Indicators
- Effectiveness of risk mitigation strategies
- Compliance with regulatory standards
- Timely risk reporting and risk register updates
- Reduction in operational and financial risk incidents
- Successful implementation of risk management frameworks.
Required Qualifications
- Bachelor’s Degree in Finance, Risk Management, Economics, Business Administration, or related field.
- 6 – 10+ years of experience in risk management within the financial services, banking, fintech, or insurance industry.
- Strong understanding of enterprise risk management frameworks and financial risk controls.
- Experience with credit risk, operational risk, and regulatory risk management.
- Strong knowledge of financial industry regulations and compliance standards.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong experience with risk reporting, risk registers, and control frameworks.
Preferred Qualifications:
- Professional certifications such as FRM (Financial Risk Manager), PRM, CFA, or relevant risk certifications.
- Experience working within regulated financial institutions.
- Knowledge of risk modeling, data analytics, and financial risk assessment tools.
- Exposure to digital financial services or fintech platforms is an advantage.
Core Competencies:
- Strong analytical and risk assessment capability
- Strategic thinking and decision-making
- Regulatory awareness and compliance knowledge
- Excellent stakeholder management
- Strong reporting and documentation skills
- High attention to detail and integrity.
What Success Looks Like:
- Strong risk governance across the organization
- Early identification and mitigation of key risks
- Improved internal control environment
- Strong compliance with regulatory expectations
- Risk-informed decision-making across leadership teams.