Operational Risk & Business Continuity Officer

Summary
Kuda is a money app for Africans on a mission to make financial services accessible, affordable and rewarding for every African on the planet.

We’re a tribe of passionate and diverse people who dreamed of building an inclusive money app that Africans would love so it’s only right that we ended up with the name ‘Kuda’ which means ‘love’ in Shona, a language spoken in the southern part of Africa.
We’re giving Africans around the world a better alternative to traditional finance by delivering money transfers, smart budgeting and instant access to credit through digital devices.
We’ve raised over $90 million from some of the world's most respected institutional investors, and we’re rolling out our game-changing services globally from our offices in Nigeria, South Africa, and the UK.

Role Overview
To identify, assess and mitigate inherent and residual risks to acceptable limits as well as emerging risks in the business environment

Responsibilities

• Collect and analyze operational risk loss data from across the bank, identifying trends, patterns, and key risk areas
• Prepare detailed reports on operational losses, risk exposures, and incidents for executive management, making recommendations for improvement.
• Conduct products and process risk identification/ assessment and prepare risk assessment reports
• Continuously monitor and assess the performance of products, identifying any emerging risks or vulnerabilities and recommending corrective actions.
• Champion Business Continuity Plan (BCP) implementation to ensure continuity of critical operations during disruptions.
• Conduct Business Impact Assessments to identify and prioritize business functions that are critical to operations, ensuring effective recovery strategies.
• Ensure the BCP aligns with industry regulations (e.g., ISO 22301) and is regularly updated to meet changing requirements.
• Collaborate with IT teams to develop disaster recovery plans for critical systems and data, ensuring rapid recovery during system failures or cyber incidents.
• Conduct scenario analysis in line with the standards stated in the Scenario Analysis Framework at ORMC Meetings
• Perform environmental scanning and advise Management on risks to the Business, conduct research and propose new ideas to aid management of Op-Risk
• Prepare reports for MRC and BRMC presentations.
• Anchor ORMC meetings to promote risk management knowledge and culture among Risk Champions