M-Pesa Operation Risk Analyst
Date: 20 Aug 2024
Location: Dar es salaam, TZ
Company: Vodafone
What you’ll do
Role purpose:
Responsible for identifying, analyzing, and mitigating risks associated with the M-Pesa Limited operations. This role plays a critical part in maintaining the stability and integrity of our operations by implementing risk management strategies and ensuring compliance with regulatory standards.
Key accountabilities and decision ownership:
1. Risk Identification and Assessment
• Conduct risk assessments to identify potential operational risks.
• Analyze business processes to detect areas of risk and vulnerabilities.
• Develop and implement risk assessment models and frameworks.
2. Monitoring and Reporting
• Maintain an accurate risk register and report on key risk indicators (KRIs).
• Prepare periodic risk reports for senior management and stakeholders.
• Monitor and analyze risk events, incidents, and loss data.
3. Mitigation Strategies
• Develop and recommend risk mitigation strategies and action plans.
• Collaborate with various departments to implement risk control measures.
• Ensure timely resolution of operational risk issues.
4. Compliance and Governance
• Ensure compliance with regulatory requirements and internal policies.
• Assist in the development of risk management policies and procedures
• Facilitate internal and external audits.
5. Data Analysis and Technology
• Utilize risk management software and tools to analyze data and trends.
• Foster continuous improvement by leveraging technology and data analytics.
• Support the integration of new risk management systems.
6. Training and Awareness
• Conduct training sessions to promote risk awareness and a risk-conscious culture.
• Provide guidance and support to staff on operational risk matters.
Core competencies, knowledge and experience:
• Strong analytical and problem-solving skills.
• Proficiency in risk management software and data analysis tools.
• Excellent communication and presentation skills.
• Ability to work collaboratively and build relationships across the organization.
Must have technical / professional qualifications:
• Education: Bachelor’s degree in Finance, Business Administration, Risk Management, or a related field. Master’s degree or professional certifications (e.g., FRM, PRM, CFA) are a plus.
• Experience: Minimum of 3-5 years of experience in operational risk management, preferably in the financial services industry.
• Knowledge: Comprehensive understanding of risk management principles, regulatory requirements, and industry best practices.
Key performance indicators:
• Risk identification and Mitigation efficiency.
• Accuracy and timeliness of risk reporting
• Compliance and incident management