Develops and implements a comprehensive risk management framework consistent with regulatory requirements, industry best practices, and the bank's strategic objectives.
Establishes risk policies, limits, and procedures to ensure effective risk management across all departments and business lines.
Conducts regular risk assessments to identify, measure, and prioritize key risks facing the bank.
Implements robust risk monitoring processes to track and report on key risk indicators (KRIs) and ensure timely escalation of emerging risks to senior management and the board.
Oversees credit risk policies and procedures, ensuring sound underwriting standards, portfolio management practices, and credit risk mitigation strategies.
Monitors the quality of the loan portfolio and collaborates with lending teams to maintain appropriate credit quality.
Manages operational risk frameworks and controls, including business continuity planning, fraud prevention, and operational risk assessments.
Implement measures to enhance operational resilience and mitigate operational risk exposures.
Monitors and manages market and liquidity risks, ensuring adequate liquidity buffers and effective management of interest rate risks.
Develops stress testing scenarios and contingency plans to assess the bank's resilience to adverse market conditions.
Ensures the bank's compliance with regulatory requirements, including reporting obligations, capital adequacy, and anti-money laundering (AML) policies.
Serves as the primary point of contact for regulatory examinations and audits related to risk management.
Promotes a strong risk management culture throughout the organization, fostering awareness of risk issues and accountability for risk management responsibilities.
Provides training and guidance to employees on risk management practices and regulatory requirements.
Prepares and presents comprehensive risk reports to the board of directors, executive management, and relevant committees.
Communicates key risk insights, trends, and mitigation strategies to support strategic decision-making.
Qualifications:
Bachelor's degree in finance, Economics, Business Administration, or related field. Advanced degree (e.g., MBA, master's in finance) preferred.
Minimum of 15 years of progressive experience in risk management roles within the banking or financial services industry.
Proven track record of leadership in implementing risk management frameworks and strategies, ideally in a complex and regulated environment.
Extensive knowledge of credit risk, market risk, operational risk, liquidity risk, and regulatory compliance.
Strong analytical and problem-solving skills, with the ability to analyze complex data and make data-driven decisions.
Excellent communication and interpersonal skills, with the ability to influence and collaborate effectively with stakeholders at all levels.
Strategic thinker with the ability to anticipate and mitigate emerging risks while supporting business growth objectives.
Sound judgment and decision-making abilities under pressure, with a commitment to ethical conduct and integrity.
Leadership qualities with a proactive and solutions-oriented approach.
Resilience and adaptability to navigate a dynamic and evolving regulatory environment.
Commitment to continuous learning and professional development in the field of risk management.
Collaborative and inclusive leadership style, fostering teamwork, creativity, and accountability within the Product Management team.
Wants to be challenged and looking for an entrepreneurial setup/culture.
Passionate about making a difference in the unbanked segment.
