This job listing has expired and may no longer be relevant!
4 Jun 2022

Head of Risk at I&M Bank

Never Miss a Job Update Again. Click Here to Subscribe

We have started building our professional LinkedIn page. Follow


Job Description


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

Sharing is Caring! Click on the Icons Below and Share


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 19th June. 2022




Subscribe


Apply for this Job