Risk Analyst – Financials Workers’ Compensation Fund Control Board

The Workers Compensation Fund Control Board (WCFCB is a social security scheme responsible for compensating workers in respect of accidents suffered and diseases contracted during the course of employment in accordance with the provisions of the Workers Compensation Act No. 10 of 1999 of the laws of Zambia

The Workers Compensation Fund Control Board invites applications from suitably qualified Zambian citizens to all the following vacant positions;

A. RISK ANALYST – FINANCIALS (X1)

JOB PURPOSE

Te facilitate the execution of the risk management framework and processes that are essential for the card in achieving its business objectives.

B. JOB RESPONSIBILITIES

• Analysing and anticipating market trends
• Conducting research to assess financial risks.
• Calculating risks involved in transactions and business proposal
• Using statistical computer programmes to analyse financial risks.
• Formulating contingency plans.
• Recommending precautionary or improvement measures.
• Monitoring the implementation of action plans to address key risks on the RCSA/risk registers.
• Assisting the Principal Risk Owners with the identification of Key Risk Indicators (KRI) in their business units.
• Monitoring the implementation of action plans to address KRI
• Analysing identified trends in the Icey risk indicators.
• Aggregating and analysing risk events reported by the business units into the categories and circulating them in the business every month for staff awareness and/action
• Performing root cause analyses on identified financial risk events to recommend improvements to prevent the risk events from re-occurring in the future
• Assisting the Manager- Risk Management in preparing reports to the Commissioner, Audit Risk & Compliance Committee and the Board of Directors

C. JOB REQUIREMENTS

Candidates must have the following:

• Grade Twelve (12) School Certificate.
• BA Degree/BSc Degree/Degree in any Social Sciences/Business Studies or equivalent
• Certification in Risk Management – added Advantage.
• At least three (3) years relevant work experience.
• MUST be a member of the Institute of Risk Management.
• Numerical and interpersonal skills
• Analytical skills
• Decision making skills
• Problem solving skills
• Good personal organisation
• Computer literacy