Enterprise Risk Management Officer - Financial Risks

While we appreciate all applicants, only applications received via Sagicor's career portal https://career4.successfactors.com/career?company=sagicorfinP2 will be considered.

"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"

Sagicor Group Jamaica Limited is seeking a suitable candidate to join our Enterprise Risk Management & Group Compliance team in the capacity of:

Enterprise Risk Management Officer - Financial Risks

Assist in developing and implementing appropriate enterprise risk management programmes to identify, assess, and monitor enterprise-level risks, with an emphasis on Market, Credit and Liquidity risks.

Participate in the administration of the Sagicor Group’s Enterprise Risk Management Framework and related policies, procedures and reference documents.

Assist in the execution of risk assessments of business activities of the various subsidiaries of the Sagicor Group Jamaica, paying attention primarily to financial risk exposures.

Location: Kingston

As an Enterprise Risk Management Officer, you will:

• Contribute to the development, testing, maintenance and implementation of financial models, templates and dashboards to measure, monitor and report on financial risk exposures across the Group.
• Monitor the Group’s trading, investment, lending and funding activities and exposures to ensure adherence to policy and regulatory limits.
• Contribute to the development and implementation of processes to assess and/or monitor the effectiveness of the Enterprise Risk Management framework and adherence to policies and standards and keep them relevant.
• Obtain, collate and maintain relevant historical data required for risk analysis including interest rates and yields, exchange rates and credit ratings.
• Support the development, implementation and maintenance of risk management documents.
• Conduct risk assessment of products, services, transactions and counterparties using appropriate decision support tools and techniques ensuring that all financial risks are accurately identified and mitigated.
• Facilitate the identification and assessment of financial risks, and the development of risk control strategies and activities.
• Participate in the performance of periodic stress testing on key financial risk exposures.
• Evaluate possible adverse movements in key financial risk factors and quantify their potential impact on the Group’s earnings and capital.
• Continuously monitor the external environments and identify, assess and report on emerging financial risks impacting the businesses across the Group.
• Participate as a risk management Subject Matter Expert to the Business to ensure effective financial risk management across the Group.
• Perform other job-related duties assigned from time to time.

What do you need?

• Bachelor’s degree in Risk Management, Economics, Actuarial Science, Accounting, Business Administration, Finance or related discipline from a recognized tertiary institution.
• Minimum of two (2) years’ working experience in market, liquidity risk management, investment management or the actuarial field.
• Successful completion of Risk Management, Actuarial Science or similar designations or training would be an asset.
• Sound quantitative, analytical and problem-solving skills.
• Sound knowledge of the regulatory framework surrounding local financial institutions.
• Knowledge of local and international financial instruments and markets.
• Understanding of financial risk management concepts and practices.
• Proficiency in the use of Microsoft Excel, including the development and use of macros.
• Ability to work with minimal supervision in meeting deadlines.

If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than December 6, 2024.

While we appreciate all applications, only shortlisted candidates will be contacted.