Junior Risk Officer

Job Description

• Assist in the development and implementation of risk management policies and procedures specific to the healthcare industry.
• Collaborate with cross-functional teams to identify potential risks related to patient care, medical procedures, data security, and compliance with health regulations.
• Conduct risk assessments, analyzing both qualitative and quantitative data to evaluate the severity and likelihood of identified risks.
• Support in the preparation of risk management reports, presenting findings to senior management and suggesting actionable recommendations.
• Monitor and track risk mitigation plans and initiatives, ensuring timely execution and effectiveness.
• Stay updated with the latest industry trends, regulations, and best practices to proactively identify emerging risks.
• Assist in organizing and conducting training sessions for staff members to enhance risk awareness and promote a culture of risk management.
• Identifying potential regulatory and non-regulatory risks through thorough and ongoing risk assessments with relevant business leads.
• Liaising with all departments to identify team-specific risks to maintain & update the business risk assessment registers;
• Evaluating identified risks against a variety of information & factors (e.g. documents /statistics reports /trends) to provide commentary and recommendations about how to mitigate these risks
• Initiating action to address any gaps or deficiencies identified during the remediation process.
• Providing insightful, quality reporting to line manager.
• Contributing to risk meetings on current risk issues and developments;
• Suggest and implement Internal Controls and risk management over financial transactions and processes.
• Ensures compliance with adhering to the international standards of accounting (IFRS) and auditing standards (ISAs).
• Perform the internal audit via test of controls, analytics and substantive testing in order to detect, prevent and correct any financial misstatements and leakages in the various departments of the organization.
• Highlighting the relevant risks and assist in analyzing the project feasibility and SWOT analysis for line manager.
• Monitor the implementation of departmental policies and procedures.
• Suggest and implement internal controls and risk management over financial transactions and processes.
• Verify all payments including but not limited to contractors, service providers, doctors, payroll and vendors.
• Assist seniors in internal audit of processes, payments and various other investigations.
• Performs other duties as directed by the line manager.