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VP, Enterprise Risk Management

Flutterwave

Flutterwave

Lekki, Nigeria
Posted on Tuesday, May 14, 2024

Flutterwave was founded on the principle that every African must be able to participate and thrive in the global economy. To achieve this objective, we have built a trusted payment infrastructure that allows consumers and businesses (African and International) make and receive payments in a convenient borderless manner.

The Role: Flutterwave is seeking a highly qualified and experienced VP, Enterprise Risk Management to join our team. The ideal candidate will be responsible for leading and overseeing the development, implementation, and maintenance of the enterprise risk management framework within the organization. This role will involve working closely with senior leadership to identify, assess, and mitigate risks across various business functions, ensuring compliance with regulatory requirements and best practices.

Responsibilities include but are not limited to:

  • Lead the development, implementation, and enhancement of an enterprise-wide risk management framework aligned with organizational goals.
  • Oversee the identification, assessment, and prioritization of risks across various business units and functions
  • Oversee technology risk management initiatives, ensuring the identification and mitigation of risks associated with technology and information security
  • Ensure compliance with regulatory requirements and industry standards, keeping abreast of changes and communicating implications to the leadership team.
  • Develop and implement effective risk mitigation strategies to safeguard the organization's assets and interests.
  • Develop and maintain crisis management plans, ensuring the organization is prepared to respond effectively to unexpected events.
  • Communicate risk-related insights, findings, and recommendations to executive leadership and relevant stakeholders.
  • Foster a risk-aware culture within the organization, providing training and guidance to employees on risk management best practices.
  • Collaborate with various functional units, including Compliance, Legal, Operations, and Technology, to integrate risk management seamlessly into business processes.
  • Collaborate with internal and external audit teams to ensure effective risk assurance and compliance with audit recommendations.

Required competency and skillset to be a waver:

  • Bachelor's degree in Finance, Business, Risk Management or a related field; advanced degree (e.g., MBA, CFA, FRM) preferred.
  • Minimum 15 years’ in progressive experience in risk management within financial technology companies, with a proven track record of successfully navigating complex risk landscapes.
  • Minimum 5 years of people leadership experience, with demonstrated ability to mentor and develop team members
  • Demonstrated experience in integrating user-centric principles into risk management practices, resulting in enhanced user satisfaction and loyalty.
  • Exceptional analytical skills with a strong capability to make data-driven decisions and anticipate risks through analytical insights.
  • Ability to juggle multiple projects simultaneously and prioritize effectively, demonstrating agility and adaptability in a dynamic environment.
  • Demonstrated ability and keen appreciation for operational processes, collaborating seamlessly with operational teams to integrate risk strategies.
  • Deep understanding of backend and tech flows to inform the development and implementation of risk management strategies
  • Strong experience in maintaining a commercially oriented approach, with a focus on margin maximization goals rather than risk minimization, aligning risk strategies with organizational profitability objectives.

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