JOB PURPOSE:

• To manage fraud risk and support enterprise risk management (ERM) activities, ensuring effective prevention, detection, and mitigation of fraud and broader organizational risks.

• KEY ACCOUNTABILITIES:

Strategic Contribution

• Execute the annual business plan and targets and comply with the strategic agenda of GRC & legal function to deliver NADEC’s vision and mission.
• Translate the strategy into operational business plans for the GRC & legal function and lead the performance and execution of those plans to achieve functional objectives and deliver the Company’s strategy.

Leadership

• Direct the activities of the team to ensure that all work is carried out efficiently, in line with the strategic project management plans, policies, and procedures.
• Build and lead a motivated, engaged, and competent team, by setting priorities and objectives, managing performance, and providing ongoing feedback and coaching to meet the functional challenges and goals.
• Serve as a role model to ensure employees’ awareness and commitment to Nadec’s vision, mission, values, fundamentals, and corporate strategy to establish a highly engaged and motivated team, and continuously improve performance

Budgeting

• Participate in the preparation of the functional budget and assess financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential performance improvement opportunities are capitalized.

Core Accountabilities

Governance

• Support in setting-up and implementing good governance around risk management department including development, update and implementation of risk management policies and procedures, risk management framework and risk management strategy.

Fraud

• Develop, implement, and oversee comprehensive fraud prevention and detection programs, utilizing advanced analytics and monitoring systems to identify potential fraudulent activities.
• Establish and maintain fraud prevention policies, procedures, and controls to minimize risk and ensure regulatory compliance.
• Lead and manage the team, providing direction, mentorship, and performance feedback to foster a collaborative and high-performing environment.
• Coordinate and conduct thorough investigations into suspected fraud cases, develop strategies for incident response, recovery, and report to senior management and regulatory bodies.
• Monitor and analyse fraud trends and patterns and provide regular reports and updates to senior management and relevant stakeholders

Risk Management

• Develop and implement a comprehensive risk management framework to identify, assess, and mitigate fraud and other organizational risks.
• Lead the development and implementation of prevention and detection strategies using technology, analytics, and internal controls.
• Conduct regular assessments of risks and vulnerabilities and develop strategies to address emerging threats.
• Collaborate with internal stakeholders (business units, legal, compliance, IT) to implement effective risk mitigation measures.
• Develop and implement general risk management awareness and training programs for employees.
• Stay abreast of emerging trends, technologies, and regulatory developments relevant to risk management and ensure the organization remains compliant and adaptive.
• Serve as a subject matter expert on risk-related matters, representing the organization in meetings, conferences, and industry forums.

People Management Accountabilities

• Ensure that all subordinates have clear objectives, constructive and accurate performance feedback sessions formal annual performance appraisals, and individual development plans.

Policies, Systems, Processes & Procedures

• Adhere with direction for the development and implementation of organizational unit’s policies, systems, processes and procedures, identifying potential areas of improvement to ensure efficient and effective operation.
• Comply with corporate requirements on adherence to policies, procedures and instructions related to all relevant regulatory directives to ensure a safe and risk-free environment.

Change Management

• Motivate the employees and contribute to the identification of opportunities for continuous improvement of systems, processes and practices taking into account global best practices.
• Ensure that all departmental reports and statements are completed timely and comply with local and international principles of governance and the organization’s policies and standards.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Education and Certifications

• Bachelor's degree in business, finance, accounting, or a related field. Master's degree preferred.
• Professional certification (i.e. CA, ACCA, CIA, GRCPA, or CRMA etc. is Preferred)

Experience:

• 5+ years in risk management, internal audit, or forensic audit.
• Priority for candidates with FMCG or similar industry experience; not seeking candidates from banking or financial services.
• Strong knowledge of risk management frameworks (e.g., ISO 31000, COSO ERM).
• Familiarity with fraud investigation methods and use of analytics to detect red flags or fraud indicators.
• Hands-on experience with tools like Power BI, Power Query, Tableau.
• Familiarity with ERP systems, preferably SAP.