Summary
Date Posted: Friday, June 03, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
JOB TITLE: HEAD OF RISK
REPORTING TO: EXECUTIVE DIRECTOR/CHIEF OPERATING OFFICER
Summary: Responsible for the Risk management in the bank including; initiating risk management strategies, developing and coordinating the implementation, monitoring and review of risk management policies, systems and programmes for all units/departments of the bank in accordance with the BOU prescribed guidelines, the Bank’s policies and the relevant legislations.

Major Duties & Responsibilities
• Establish an integrated risk management framework for all aspects of risk across the Bank here by minimizing losses.
• Develop risk management policies including the quantification of management’s risk appetite.
• Improve the Bank’s risk management readiness through communication and BCP/DR training programs, risk-based performance measurement and incentives.
• Lead efforts to set and implement a set of strategic risk parameters and metrics, including losses and incidents, key risk exposures and early warning indicators.
• Assess the identified risks and measure the bank’s exposures.
• Monitoring and assessing decisions to accept particular risks in line with the board approved risk strategies, policies as well as risk tolerance.
• Develop the analytical, systems and data management capabilities to support the risk management function.
• Continuously drive the risk management process towards global best practices.
• Assist management in developing and implementing responses for each identified material risk.
• Co-ordinate and oversee the implementation of the operational risk management framework, policies, procedures and initiatives.
• Facilitate the MRCC agenda and meetings on behalf of the Executive Management.

Minimum Education Qualification:
• A Bachelor’s degree in business, finance or accounting from a recognized University.
• Full Professional Qualification(s) e.g. ACCA, CPA, CISA, CFA, ACA
• A Master's degree and other relevant professional qualifications obtained in the Banking sector will be an added advantage.
Minimum Working Experience
• At least five years’ managerial experience in a Commercial Banking environment, with at least three gained at a unit head level, leading the Banking operations of any Bank.

Key Required Competencies (Knowledge, Skills & Abilities)
• Leadership and People management skills
• Good oral and written communication skills
• Rational and analytical thinking
• In-depth knowledge of Banking industry and Product Knowledge
• Financial Analysis

Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure
All interested candidates who meet the criteria indicated above are requested to send their applications, and updated Curriculum Vitae by Friday 10th June, 2022.
https://imbank.bamboohr.com/jobs/view.php?id=154&source=bamboohr
Please note that only shortlisted candidates shall be contacted.

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