Senior Risk and Compliance Officer

A prestigious Cayman based organization is currently looking to hire a Senior Risk and Compliance Officer on a temporary basis.

Reporting director to the CFO you will be responsible for the following:

Risk Management:

• Assess Financial, Fraud, HR, and Operational risks across the business and develop risk management strategies for approval by the CFO.
• Support the CFO to prepare and update the risk matrix.
• Monitor risk activities, incident reports and risk mitigation strategies, in addition to the businesses risk exposure and highlight these elements in a monthly report.
• Review policies and procedures for risk identification and mitigation.
• Assess all new business and activities for risk profile and document in the risk matrix.
• Liaise with internal stakeholders and external agencies on risk management activities.
• Evaluate employees’ risk awareness and provide training where necessary.

Compliance Management:

• Working with the CFO to develop policies and procedures for the compliance activities of the business.
• Oversee all procurement activities which include
  • Review all RFx (RFI, RFP, RFP) documentation to ensure compliance with requirements set by Procurement.
  • Sit as an evaluator on selected RFx submitted.
  • Work with departments and unit heads to ensure contracts are prepared in accordance with procurement standards.
  • Monitor contract expiry dates and work with management to ensure proper procurement processes are completed in a timely manner.
• Maintain the compliance register.
• Oversee and review internal processes and activities to ensure that the business is compliant with all laws, regulations and internal policies and procedures.
• Keep up to date with changes in legislation and conduct workshops with management and the affected departments on changes of requirements.
• Prepare monthly compliance reports.

For more information please reach out to phil@invenio-global.com