Summary
Date Posted: Friday, November 10 2023, Base Salary: Not Disclosed

JOB DETAILS:
Job Summary:
As the Chief Risk Officer (CRO), you will be responsible for developing and implementing a robust risk management framework to ensure the bank’s financial stability and compliance with regulatory requirements. You will play a key role in identifying, assessing, and mitigating risks across various business functions while fostering a risk-aware culture within the organization.

Key Responsibilities:
Risk Management Strategy:
• Develop and implement a comprehensive risk management strategy aligned with the bank’s overall objectives.
• Continuously monitor and evaluate the effectiveness of risk management policies and procedures.
Risk Identification and Assessment:
• Conduct regular risk assessments to identify and analyze potential risks to the bank.
• Collaborate with business units to assess the impact of new products, services, or initiatives on overall risk exposure.
Regulatory Compliance:
• Stay abreast of regulatory changes and ensure the bank’s compliance with all relevant laws and regulations.
• Work closely with regulatory bodies to address inquiries and examinations related to risk management.
Credit Risk Management:
• Oversee the credit risk management process, including the evaluation of credit policies, loan portfolios, and provisioning strategies.
• Implement measures to mitigate credit risks and ensure the overall quality of the loan portfolio.
Market and Operational Risk Management:
• Manage market and operational risk by developing and implementing strategies to identify, assess, and mitigate potential threats.
• Monitor key operational risk indicators and implement risk mitigation plans as needed.
Risk Reporting:
• Prepare and present regular reports to the executive management and board of directors on the bank’s risk profile and risk management activities.
• Ensure accurate and timely reporting to regulatory authorities.
Collaboration and Training:
• Collaborate with various departments to embed risk management practices into daily operations.
• Provide training and guidance to employees on risk management policies and procedures.

Qualifications and Experience:
• Bachelor’s degree in Finance, Risk Management, or a related field; advanced degree preferred.
• Proven experience in a senior risk management role within the banking industry.
• In-depth knowledge of local and international regulatory requirements.
• Strong analytical and strategic thinking skills.
• Excellent communication and interpersonal skills.

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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