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

All interested candidates who meet the criteria indicated above are requested to send their applications, and updated Curriculum Vitae by Friday 10th June, 2022.

Please note that only shortlisted candidates shall be contacted.