Key skills
AnalyticsLeadershipRisk Management
About this role
Role Overview
- Conduct a daily/weekly/monthly review of the bank's overall risk profile, including operational, financial, strategic, and compliance risks, and advise management on the progress of risk mitigation efforts.
- Deliver weekly and monthly risk management reports, including metrics such as Key Risk Indicators (KRIs), risk appetite compliance, and the status of risk mitigation plans.
- Develop and prepare an annual enterprise risk assessment and plan using historical data, market trends, and projections.
- Monitor and coordinate all risk management activities for all products and business units.
- Identify and analyze emerging risks and trends, providing insights and recommendations to management.
- Prepare regulatory risk reports on a monthly basis to ensure compliance with prudential guidelines.
- Identify and advise on all high-risk areas that require immediate attention or legal proceedings on a regular basis.
- Prepare regular risk reports for Senior Management and the Board to aid in strategic decision-making.
- Ensure that all operational and risk management policies and procedures are adhered to by all stakeholders.
- Develop and implement effective risk reports for all the different products and business units to give insights to management for decision-making.
- Using data analytics tools, prepare and analyze data to identify risk patterns, trends, and the overall performance of the risk management framework, and develop action plans to address identified issues.
- Develop and execute strategic risk mitigation plans to reduce the bank's overall risk exposure and enhance resilience.
- Ensure that all operational and risk procedures and controls are strictly adhered to, including the review of risk registers and monitoring of risk mitigation plans.
- Prepare and present detailed dashboards, risk heat maps, and performance analytics to senior leadership, leveraging data insights on the bank's risk profile.
- Establish and maintain relationships with external risk management consultants, auditors, and other relevant service providers as needed.
- Collaborate with cross-functional teams such as legal, finance, and customer service to resolve complex or escalated risk-related issues.
Requirements
- A Bachelor's degree in Finance, Economics, Business Administration, or a related field. A Master's degree or professional certification in risk management (e.g., FRM, PRM) is highly desirable.
- A minimum of 5-7 years of experience in enterprise risk management, preferably within the microfinance or banking sector.
- Proven experience in developing and implementing ERM frameworks.
- Strong knowledge of risk management principles, practices, and regulatory requirements.
Benefits
- Private Health Insurance
- Pension Plan
- Training & Development
- Hybrid work
- Paid Time Off