Head of Operational Risk managing operational risk for fintech Onafriq in Africa. Overseeing risk policies, frameworks, and cultural implementation across the organization.
Responsibilities
Lead the Operational Risk function for the Onafriq Group
Implement and maintain an operational risk management framework covering all current and future business activities across the Group
Build, embed, and oversee an Operational Risk Management framework with appropriate monitoring, escalation, and reporting structures
Draft and roll out operational risk management policies, procedures, and supporting documentation
Monitor the effectiveness of operational risk frameworks to ensure alignment with business strategy and regulatory requirements
Oversee the implementation and maintenance of the Risk Control Self Assessments (RCSA) process across the Group
Facilitate periodic reviews of risk appetite statements and embed them into business decision-making
Liaise with internal and external auditors, providing up-to-date matrices and following up on findings
Drive oversight of product risk development, including the identification and management of risks inherent in new products, features and business models
Report regularly to Executive Management and the Board on material risks, exposures, and the adequacy of mitigation
Maintain and oversee the Company's risk register, incident log, and fraud log
Requirements
Bachelor’s degree in business, commerce, law, or related field
Postgraduate qualification in Risk, Compliance, or related discipline
Minimum 10 years in senior risk and compliance leadership roles, with proven board/executive interaction
Demonstrable expertise in operational risk, product risk management, risk culture implementation, risk appetite integration, data privacy, and ISO framework oversight
Experience implementing ISO 27001 and ISO 22301 programs preferred
Strong leadership in risk and compliance within financial services, including regulatory engagement
Ability to balance strategic risk leadership with operational execution
Skilled in leading teams across diverse functions and jurisdictions
Strong communicator with the ability to engage senior stakeholders and drive cultural change.
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