Chief Risk Officer (Commercial Bank) X1

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Description Ref-313

Job Purpose

  • The Chief Risk Officer will oversee and direct the development and implementation of the risk and compliance management frameworks, and organise specific business unit risk management activities into an enterprise risk management system and brief the risk committee members and the Board on the nature and potential impact of the principal risks facing the Bank.

Summary of Key Responsibilities;

  • Periodic review of effectiveness of bank-wide risk management framework and policy framework together with businesses, for defining the process for risk appetite development within the bank and for approving all exposure limits for products, economic sector and open positions.
  • Ensuring that there is an adequate risk infrastructure including limit structure, methodologies, management information and systems.
  • Approving risk managers and analysts appointments and evaluation of overall team performance.
  • Developing risk committee pack and regular senior management briefing pack that summarise all key exposures across the bank.
  • Reviewing the relevant monthly and quarterly risk report produced by market, credit and operational risk prior to distribution.
  • Ensuring adequacy of the compliance framework for all relevant requirements as prescribed by the Banks regulators.
  • Ensuring that processes for risk identification, measurement and management are in place and escalation of issues for all types of risks from all sources within the bank.
  • Consulting and advising on actions to address significant risk issues and events, table recommendations to the risk committee for approvals.
  • Carry out other tasks as maybe assigned

Critical Skills:

  • Business awareness, leadership and management skills;
  • Organizational skills and the ability to understand detailed information;
  • Computer and numeracy skills, with strong skills required for MS Word/Excel/PowerPoint
  • Strong interpersonal skills to form effective working relationships with people at all levels
  • Must have high integrity and must be approachable

Qualifications and Experience

  • Bachelor’s Degree in a Business or Social Sciences
  • An MBA will be an added advantage
  • Minimum of 5 years’ experience in a Banking environment
  • Must have a clear understanding of current Banking Rules and Regulations
  • Significant senior level risk management experience in banking, preferably in a market or credit risk environment.
  • Working experience of dealing with Bank customers
  • Experience in dealing with Senior/Executive Management
  • Experience of presenting to and communicating with senior management and the Board
  • Must be a member of a relevant professional body

How to apply

Send your applications to the links below:

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A consulting firm that is focused on offering the best human resource solutions to the business community. Services offered include recruitment and selection, training and development, organisational transformation, as well as research and strategic information. With a team of qualified and experienced professionals, Brilliance Executive Management Consultancy - BEMCONSULT is able to offer a superior service.