Position Overview:
The Assistant Manager, Risk Management, plays a crucial role in ensuring the effective identification, assessment, and mitigation of risks within a micro finance company. Working closely with the Risk Manager, the Assistant Manager supports the development and implementation of risk management strategies and policies to safeguard the organization's financial stability and reputation. This position requires strong analytical skills, attention to detail, and the ability to collaborate with various stakeholders.
Key Responsibilities:
Risk Assessment:
Risk Mitigation:
Risk Reporting and Monitoring:
Regulatory Compliance:
FFO Support Program (FFOSP) is registered as a Non-Banking Micro Finance Company (NBMFC) which is regulated by the Securities and Exchange Commission of Pakistan. FFOSP was established in 2016 and is widely considered as one of the fastest growing institutions in the sector. FFOSP was created through a structured transformation of the credit and savings department of the Farmers Friends Organization (FFO), an integrated development oriented organization operating since 2003 in District Sheikhupura and its suburbs.