Manager, Risk & Compliance


To maintain and further strengthen their corporate governance, processes, policies and standard of high controls and compliance, NASFUND is seeking to recruit a highly self-motivated individual with exemplary leadership and management skills in all aspects of Risk & Compliance practices.

The Risk and Compliance Manager will work with the various divisions to advise Management of any potential risks that may affect the reputation, safety, security, financial sustainability and existence of the organization. The incumbent is expected to provide a better assessment of the risk management policies and protocols in order to come up with policies and recommendations to avoid threats, reduce or transfer risks and/or mitigate the effects of those which are essentially unavoidable.

The responsibility includes managing the risks associated to the organization, employees, customers, reputation, assets and interests of stakeholders to ensure risk management at NASFUND complies with PS 8/2014, the Act and Best Practice to pursue excellence.

The position is based in NASFUND’s Head Office Port Moresby and reports to the Chief Officer Risk & Compliance (CRCO).

Main accountabilities and responsibilities

  • Will be directly responsible for all risks & compliance responsibilities undertaken by the Risk and Compliance Division (R&CD) throughout all of NASFUND’s operations
  • Conducts risk assessment, which involves analysing risks as well as identifying, describing and estimate the risks affecting the organization
  • Conducts audits of policies and compliance to standards, including liaising with internal and external auditors
  • Prepares risk reporting for the different audiences, to ensure that the audience understands the most significant risks that impact the various divisions and understand their accountability

Job requirements

  • Degree in Business, Finance or Law
  • Minimum five years of hands on experience in risk management, compliance testing, regulatory or audit management
  • Demonstrated ability to maintain and enhance relationships with regulator, service providers and staff in order to achieve work goals
  • Experience in leadership, people management and efficient and timely statutory reporting;
  • Demonstrated ability to lead, manage, motivate and develop a risk team and effectively work with other staff is an advantage
  • Strong communication skills and interpersonal skills to effectively translate ideas, concepts and information; and Demonstrated ability to explore innovative solutions
  • Staff development and leaderships skills
  • Strong customer focus (internal and external)
  • High energy and a ‘can do’ attitude, creating a positive culture in the company

Further information & to apply to this position – refer to job ID: 61741 on

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