Chief Risk Officer

Job Responsibilities:

• Reports to the Risk Oversight Committee

• 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.