Risk Management Associate

OPERATIONAL

• Conduct detailed data analysis to identify and assess potential risks within the grocery retail sector.

• Assist in the development and maintenance of risk registers, working closely with the risk managers.

• Work on project and major strategic initiatives and provide diligent risk assessments

• Follow up on controls and tasks implementation and ensure adequacy of coverage

• Collaborate with cross-functional teams to gather relevant data and insights for risk assessment.

• Support the creation of reports and presentations to communicate risk findings to key stakeholders.

• Monitor and analyze key performance indicators to detect anomalies and potential risk factors.

• Work closely with the risk managers to ensure compliance with regulatory requirements.

• Assist in the continuous improvement of risk management strategies based on data-driven insights.

• Collaborate with other departments to understand operational processes and identify areas for risk mitigation.

• Stay updated on industry trends and emerging risks to contribute to proactive risk management efforts.-

• Instil an analytics-driven approach to all initiatives

• Automate reporting as needed and ensure data integrity

• Stay abreast of industry trends and emerging risks to proactively adjust risk management strategies for the grocery retail environment.

• Support GRC teams in developing dashboards and identifying key trends and fraud related incidents

REPORTING

• Communicate and discuss key findings with risk managers and senior risk figures

• Report critical breaches and mitigation plans

FOLLOW UP

• Ensure that all agreed remediation plans are subsequently implemented.

• Perform follow-up procedures timely to determine whether agreed remediation plans have been implemented.

PEOPLE MANAGEMENT

• Keep abreast with all the latest updates in the audit, risk management, and fraud field and improve the department’s abilities.

Education

University degree from a recognized university (background in operational excellence and research is preferred).

Experience, Skills & Competencies

Relevant experience in the retail sector is preferred 

TECHNICAL COMPETENCIES

• Proficiency in PowerBI and Tableau

• Excellent Data & Risk Analysis

• Proficient in R or Python

• Quantitative analysis

• Data analytics

• Audit Reporting

• Good verbal and written communication and presentation skills.

• Strong interpersonal skills—ability to work closely with people at all levels of the organization and facilitate the implementation of corrective action.

• Knowledge of Laws and Regulations

• Project management experience would be a plus.
• Proficient in MS Word, Excel, and PowerPoint.