Centum Risk and Compliance Manager Job

Date Posted: Feb. 17, 2021, 6:27 a.m.

Job Description

Job Brief

The Risk Manager will play a key role in appraising and providing assurance to management and Board of the Centum Group of companies

Job Purpose

This role exists to appraise and provide assurance to management and the Board on the risks that would hinder Centum Investments Company Plc (CIC)  to carry out its activities through carrying out comprehensive risk analysis, compliance assessments and reporting


Concurrent risk and compliance management involving:

Preparation of input for quarterly board risk reports for the Risk Committee and Investment Committee of the Centum Board.

Monthly risk assessments, compliance checks followed by risk reporting in the business review meetings

Developing and updating the Group’s Key Risk Indicator (KRI) matrix

Developing and maintaining the Group’s Risk Appetite Framework.

Risk review of contractual agreements between CIC Group entities and external counterparties

Policy review and analysis of implementation of defined policy and procedures



Review of exceptional requests to single source at CIC Plc

Review of the Group Procurement Policy

Conducting periodic compliance checks on Group procurement practices



Facilitate the placement of insurance covers for CIC Plc and its wholly owned subsidiaries

Liaison with the insurance broker and coordination of the claims process

Review of insurance warranties and ensuring compliance by all the insured subsidiaries/ entities

Business Continuity and Disaster Recovery:

Revision of the Group Business Continuity Plan in line with changes in the operating business environment.

Development and update of subsidiary Business Continuity Plans

Staff training on the BCP and DR

Staff Training

Staff training on Group policies developed by the Risk function such as whistle blowing, cyber security, among others in order to promote awareness and a positive risk culture



Bachelor’s Degree in analytical science or financial related subject i.e. Financial Engineering, Financial Economics or Actuarial Science

Master’s Degree with a specialisation in Risk Management or at least one appropriate professional risk qualification with a credible body

Minimum of three (3) years relevant experience in risk management in a financial institution

High attention to detail, accuracy and risk awareness. 

Strong risk & quantitative analysis, organizational and interpersonal skills;

A dynamic self-starter with ability to prioritize and to work independently as well as in a team.

Ability to work effectively and make decisions independently


Only Shortlisted Candidates will be contacted. 

Centum Investment Company Plc is an Equal Opportunity Employer.

How To Apply


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