Manager - Risk & Compliance

A risk compliance manager ensures that the organization conducts its business processes in compliance with laws and regulations. The major task of a Risk & Compliance manager is to uphold the ethical integrity of the organization and also ensure that business activities are conducted as per regulatory framework. In order to assess the risk and interpret them properly, the risk & compliance manager should have a thorough understanding of the major steps involved in risk management that are identification, analysis, planning, monitoring, reporting, and controlling risks. RISK FORMS: Develop, execute & manage risk framework. Conduct internal reviews/assessments among all departments. Classify intensity of risk for easy understanding of stakeholders. Categorize risks as per risk classification. Assess risks on a 2-level approach: Gross Risk and Residual Risk. Follow up on Action Plans and timelines. Point of verification to be filled with relevant evidence. Stay abreast with the industry to identify new risks. Closeout mitigated/older risks after management approval with reasoning. Provide reasons for addition or deletion of new risks. Regular follow-up with all departments over the risk register. COMPLIANCES: To conduct internal audits and reviews at regular intervals to ensure that compliance procedures are regularly followed, which are not limited to: 5th Schedule of Companies Act. SECP compliance. Taxes (Income tax, Sales Tax, Provincial Taxes). Code of Corporate Governance 2019. Prepare presentations and reports for follow-up and feedback from relevant departments. Research and keep stakeholders informed of legislative issues, new compliance regulations/donors' regulations, etc. MAINTAIN & MANAGE POLICY PORTAL The policy portal is among the prime responsibilities of the risk & compliance manager. The portal needs to be regularly updated. Regular follow-up from departments is required so that any update in the policy or procedure can be made available to all stakeholders. OTHER Develop annual activity plan. Follow up on recommendations of IAD, external Auditor, and Risk & Compliance (on behalf of the finance department). Any other task assigned by the supervisor.

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