Job Description
Risk Officer Grade 11 (1 Position) -UOK/ADM./2/10/23
Requirements
i. Masters degree in business related field
ii. A business-related degree or equivalent (Bachelor of Commerce,
Economics, Business Administration) from a recognized University.
iii. Professional qualifications and/or certification in Risk Management.
iv. Membership to a recognized professional body in Risk Management.
v. Three (3) years middle level management experience with clear
understanding of and knowledge in Enterprise Risk Management
Framework Implementation.
vi. Must have good interpersonal and analytical skills.
Duties and Responsibilities
i. Planning, designing and implementing an overall risk management
process for the University.
ii. Risk assessment, which involves analyzing risks as well as identifying,
describing and estimating the risks affecting the Institution;
iii. Risk evaluation, which involves comparing estimated risks with criteria
established by the University such as costs, legal requirements and
environmental factors and evaluating the organization’s previous
handling of risks;
iv. Updating and monitoring implementation of the University’s Risk Appetite
Statement to ensure risks are managed within the set tolerance levels;
v. Develop and update University risk registers;
vi. Risk reporting in an appropriate way for different audiences, for example,
to the board of directors so they understand the most significant risks, to
business heads to ensure they are aware of risks relevant to their parts of
the business and to individuals to understand their accountability for
individual risks;
vii. Conducting audits of policy and compliance to standards, including
liaison with internal and external auditors;
viii. Undertaking capacity building and awareness on Enterprise Risk
Management, including legal and regulatory compliance in the
University.
ix. Provision of secretariat and other support for Risk Management
Committee.
x. Performing any other duties as may be assigned by the immediate
Supervisor.