Senior Associate / Associate – Risk

Key Areas:

Enterprise Risk Management (ERM)
Regulatory Compliance and Reporting
Corporate Governance
Investment Risk Assessment
Internal Control and Operational Risk
Policy Development and Risk Awareness

Key Tasks:

Develop and implement TANMIA’s Enterprise Risk Management (ERM) framework aligned with COSO and leading practices.
Prepare and execute a strategic plan for the Risk Management function, defining structure, resources, and tools required.
Maintain and continuously enhance the Risk Register, identifying emerging, operational, and investment risks.
Integrate risk assessments into the investment life cycle, from deal origination to exit.
Conduct regular reviews of investment and operational processes to ensure risk exposures are identified and controlled.
Advise on risk aspects for new financial products, funds, or structures.
Prepare comprehensive risk reports (qualitative and quantitative) for Executive Management, Risk & Audit Committee (ARC), and the Board.
Provide ongoing guidance to management to strengthen internal controls and risk culture across all departments.
Continuously evaluate Tanmia’s ERM framework and procedures to ensure that professional standards and performance targets are met in accordance with Tanmia’s risk management policy.
Conduct reviews of investment and operations management procedures, systems, services, and documentation to ensure that risk exposures are identified, understood, controlled, and minimized.
Work closely with the investments team to ensure that risks throughout the investment life cycle are assessed and regularly monitored.
Review risk programs to ensure that potential weaknesses and losses are identified and associated risks are brought to the attention of Tanmia’s Board of Directors.
Maintain strong and effective working relationships with all focal points across departments responsible for parts of the ERM framework.
Assist Tanmia’s Executive Management team in the development of the strategic direction of Tanmia’s Risk Management function.
Provide advice and guidance to department managers and other managers on matters relating to risk management.
Support staff in building risk awareness within the organization by running awareness programs for all staff within Tanmia.
Ensure full compliance with Financial Service Authority (FSA) regulations, fund management rules, and internal governance policies, acting as the primary liaison with regulators.
Monitor and report compliance risks, identify breaches or control gaps, and recommend corrective actions to management, ARC, and the Board.
Maintain up-to-date compliance policies and registers, and conduct regular awareness and training programs to promote a strong compliance culture across the organization.
Support the Executive Management in embedding governance principles across all levels of the organization.
Evaluate internal control systems and recommend improvements to strengthen governance and operational efficiency.
Collaborate with internal audit and external auditors to ensure integrated oversight and consistent reporting of control effectiveness.
Ensure clear documentation and audit trails of risk, compliance, and governance activities.
Carry out other related duties and responsibilities as required by management, ARC, or the Board of Directors.