HRMC Job Vacancy : Chief Risk Officer

HRMC Job Vacancy : Chief Risk Officer

Job description

Our client, a leader in the Financial Services Industry in Africa is recruiting for a Chief Risk Officer in Kenya.

Purpose of the Job:
To promote and sustain a culture of risk management discipline, anticipation and compliance within the country
To ensure that there are effective standards and internal controls, policies and procedures, systems and a risk management framework that supports business sustainability and continuity as well as ensuring compliance with various banking and regulatory policies;
To anticipate and proactively ensure management of all potential risks, including market, credit, operations, information security, regulatory compliance and reputation risks and to initiate actions to pre-empt systemic risks
To represent the risk and assurance function to external stakeholders such as regulators and investors as well as to the Board

Key Accountabilities:

• Lead and direct the Risk & Assurance function, as a partner to the business, supporting growth aspirations whilst retaining the appropriate risk management and compliance discipline to achieve strategic goals.
• Ensure that Risk Management Framework is adopted and effectively applied across all departments of the bank;
• Implement the Operational Risk Policy Framework and ensure that the operational risk governance structures are fully functional;
• Identify and understand the main operational risks in the business, monitor the actual level of operational risk on a regular basis and play a preventative role in risk control
• Embed a culture of consciousness and transparency for risk management and ensure that the nature and size of risks are well understood by all staff
• Implement the Businesses compliance and AML / CFT policy in line with local regulatory requirements
• Maintain relationship with both internal and relevant key stake holders
• Manage risk on a day to day basis which includes monitoring and reporting. This should include measures and procedures for:- understanding key processes, risk identification, risk analysis and assessment responding to risks identified and assessed adequate information and communication and monitoring of risk management activities
• Embed operational risk practices into business activities and support it with appropriate training and awareness
• Develop a business continuity strategy in order to ensure effective risk mitigation and business continuity
• Ensure that risk and process issues identified in the business units are reported and monitored and where necessary escalated to relevant person(s) and Committee(s) and corrective action is taken
• Liaise, guide and coach all levels within the business on risk and process issues
• Provide expert advice, share best-practice / risk mitigation techniques with management to enable them to pro-actively manage the risk within their units;
• Facilitate and provide adequate support to the Principle Risk owners for the monthly key risk indicators (KRI) process
• Ensure that training and development on Risk Management is offered to staff on a regular basis

Knowledge and Experience Required:

• Minimum requirement of a BComm or Diploma in Risk Management or equivalent financial qualification
• Exposure to demanding operational environments, ability to gain insight into the most effective risk management applications and key points for leverage and influence
• Minimum 7 years’ experience with relevant risk, compliance (AML & CFT) and/or process management experience.
• Arising from the above, job holder will need to be willing and be able to speak on the topic of Risk Management at conferences and the like which will enhance both personal and institutional reputation.

Multi-cultural awareness and the ability to interact with a wide range of differing levels and sectors of society, social and business, is an essential characteristic of the person holding this position. How to Apply

Submit your CV and Application online : Click Here