Senior Risk Management Officer 15 views

About Lumina Capital

Lumina Capital is an investment advisory firm currently under establishment, with a vision to contribute to the emerging Ethiopian capital market ecosystem.

Lumina Capital aims to play an active role in supporting market participants through professional investment advisory services, market research, and strategic consulting that align with evolving market standards and regulatory frameworks. The firm is committed to promoting professionalism, integrity, and excellence.

As we continue building a strong and professional institution, we are looking for qualified, competent, and motivated professionals to join our growing team in the following positions:

Senior Risk Management Officer

The Senior Risk Management Officer will be responsible for developing, implementing, and monitoring the organization’s risk management and compliance framework. The position requires strong knowledge of financial sector regulations, risk assessment methodologies, internal controls, and governance practices, particularly within the capital market and financial services industry.

Reporting Line
The Senior Risk Management Officer will report directly to the Chief Executive Officer and the Board.

Key Responsibilities

• Develop and implement risk management policies, procedures, and frameworks.
• Identify, assess, monitor, and mitigate operational, financial, regulatory, and strategic risks.
• Ensure compliance with applicable laws, regulations, and internal policies.
• Conduct risk assessments and provide recommendations for risk mitigation.
• Monitor internal control systems and support internal audit functions.
• Prepare periodic risk and compliance reports for management.
• Support regulatory reporting and engagement with supervisory authorities.
• Promote risk awareness and compliance culture across the organization.
• Monitor developments in capital market regulations and industry best practices.

Educational Qualification

• Bachelor’s Degree in Law, Business Management, Accounting, Economics, or a related field from a recognized institution.

Experience

• Minimum of 5 years of relevant professional experience as a Risk Officer, Internal Control Officer, Compliance Officer, or in a related role within the financial services sector.

Required Competencies

• Strong understanding of enterprise risk management principles and regulatory compliance frameworks.
• In-depth knowledge of capital market regulations, internal controls, governance, and risk mitigation strategies.
• Familiarity with internal auditing standards and compliance monitoring practices.
• Strong analytical, investigative, and problem-solving capabilities.
• Excellent reporting, communication, and stakeholder management skills.
• High level of integrity, professionalism, and ethical conduct.
• Ability to work independently and manage sensitive matters with confidentiality.

Preferred Professional Certifications

• FRM, CISI and ACCA certifications are strongly preferred.