Risk Assessment Manager

Summary

Contract Duration

1 Year

Reports to

Director - Stakeholder Relations

Location

Nairobi, Kenya

Job Description

Alkebulan Airlines is a premier carrier dedicated to delivering exceptional service, safety, and reliability across Africa and beyond. With a modern fleet, world-class training standards, and a commitment to operational excellence, we connect people, cultures, and opportunities with precision and care. Our team is driven by professionalism, innovation, and a shared vision to redefine the air travel experience.

Background

At Alkebulan, we believe in the power of financial stability to fuel growth and prosperity. We are a dynamic and forward-thinking organization committed to delivering exceptional financial services while safeguarding the interests of our stakeholders.

Accountability

As a Risk Assessment Manager in our Finance department, you’ll play a pivotal role in protecting our organization from potential risks and ensuring the stability of our financial operations. You’ll be responsible for assessing, analyzing, and managing various types of risks that could impact our business, ranging from market volatility to regulatory compliance. The position reports to the Director Stakeholder Relations.

Scope of Work

Roles and Responsibilities

  • Risk identification

  • Risk measurement

  • Risk monitoring and reporting

  • Risk mitigation strategies

  • Regulatory compliance

  • Risk culture and awareness

  • Collaboration

  • Emerging risks

Output 1: Business Development

1.1 Exceptional ability to promote Alkebulan within and beyond work context.

1.2 Assist with professional networking, for the benefit of the Company.

1.3 Comprehensive understanding of current commercial, political, and social aspects influencing the general context of operations within the Company.

Output 2: Administration

2.1 Work closely with cross-functional teams to identify and evaluate potential risks facing the organization, including market risk, credit risk, liquidity risk, operational risk, and regulatory risk.

2.2 Develop and implement robust methodologies and models to quantify the magnitude of different risks, utilizing advanced statistical analysis, financial modeling techniques, stress testing, and scenario analysis.

2.3 Continuously monitor the organization’s risk profile, tracking key risk indicators and trends, and provide regular reports to senior management and stakeholders. This includes assessing the effectiveness of risk mitigation strategies and recommending adjustments as needed.

2.4 Collaborate with internal stakeholders to develop and implement strategies to mitigate identified risks, such as diversification of investments, hedging strategies, risk transfer through insurance or derivatives, and enhancing internal controls and processes.

2.5 Stay abreast of relevant financial regulations and guidelines, ensuring the organization’s compliance with laws such as Basel III, Dodd-Frank Act, Sarbanes-Oxley Act, and others. Proactively assess the impact of regulatory changes on risk management practices and implement necessary adjustments.

2.6 Foster a strong risk-aware culture within the organization by providing training and education to employees at all levels, promoting open communication about risks, and encouraging accountability for risk management practices.

2.7 Work collaboratively with other departments such as finance, investment management, compliance, legal, and internal audit to ensure alignment of risk management practices with organizational goals and objectives. Act as a trusted advisor and subject matter expert on risk-related matters.

2.8 Proactively identify and assess emerging risks and trends in the financial industry, such as cybersecurity threats, geopolitical risks, climate change, and technological disruptions. Develop strategies to address these risks and mitigate their potential impact on the organization.

2.9 Meticulous attention to detail and commitment to excellence.

Output 3: Budgeting and Finance

3.1 Participate in organizing annual budgets.

3.2 Oversee overtime allocations and approval for team.

3.3 Any other duty assigned.

 

Competencies

  • Strong analytical skills and proficiency in financial modeling and statistical analysis.

  • In-depth knowledge of risk management principles, methodologies, and best practices.

  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels.

  • Proven track record of driving results and implementing risk mitigation strategies.

  • Ability to thrive in a fast-paced and dynamic environment, with a proactive and solution-oriented mindset.

  • Relevant certifications (e.g., PRM, CRM, CRO) a plus.

Utilization:

  • Maintenance and Safety: 90%

  • Business Development: 10%

 

Desirable Professional Expertise

  • Bachelor’s degree in finance, economics, business administration, or related field;

  • Advanced degree (e.g., MBA, CFA, FRM) preferred.

  • 5 years of experience in risk management, preferably within the financial services industry.

Alkebulan Airlines is an equal opportunity employer. We are committed to fostering an inclusive and diverse workplace where every individual is valued and respected. All employment decisions are made based on qualifications, merit, and business needs, without regard to race, colour, religion, gender, age, national origin, disability, or any other status protected by applicable laws.