Khalti Digital Wallet Vacancy for Risk and Compliance Officer

Job Profile:

The ideal candidate will be responsible for assisting the team lead for developing, implementing, and overseeing the risk management and compliance strategies within our organization. This role requires a deep understanding of regulatory requirements, a proactive approach to identifying potential risks, and the ability to implement effective mitigation strategies.

Main Responsibilities

• Ensuring compliance with applicable laws, regulations and industry standards

• Identify, assess and manage risks that can impact the day to day operations of the company.

• Regularly review and make recommendations on updating the company’s risk management policies, procedures, processes and standards in order to ensure continuous improvement in management and performance

Job Description 

• Ensuring compliance to all applicable acts, guidelines and directives are met.

• Develop and maintain an effective risk management framework for the organization.

• Conduct regular risk assessments to identify potential risks and areas of non-compliance.

• Monitor changes in regulatory requirements and ensure that the organization is compliant with relevant laws and regulations.

• Develop and implement policies and procedures to mitigate identified risks and ensure compliance with regulatory standards.

• Provide guidance and training to staff on risk management and compliance issues.

• Collaborate with internal stakeholders to ensure that risk and compliance considerations are integrated into business processes and decision-making.

• Review if the company has in place adequate systems for monitoring and managing risks it is exposed to.

• Prepare internal control policies and guidelines and assure their relevance and effectiveness.

• Coordinate with external auditors and regulatory authorities during audits and examinations.

• Assisting and reporting team lead with the activities listed above.

• Prepare reports for management and relevant committees on the organization’s risk and compliance status.