RISK OFFICER

The Risk Officer is responsible for providing support to the Manager, Operational & Liquidity Risk or the Manager, Credit Risk in the implementation and execution of the credit risk or operational and liquidity risk management framework and supporting processes across the Group of Companies.

Duties and Responsibilities

• Assist in the management of processes to identify, evaluate and conduct risk and control self-assessments and independent reviews.

• Support the implementation, review and approval of the enterprise-wide risk governance framework.

• Assist in the implementation of a risk framework for any new acquisitions within the Group.

• Assist in the development of risk policies and procedures. 

• Undertake ongoing monitoring of the risk-taking activities and risk exposures to ensure they are in line with the board-approved risk appetite, risk limits and corresponding capital or liquidity needs (i.e. capital planning).

• Support the ongoing monitoring of processes, procedures, policies, products and services which are implemented in the entities within the Group.

• Assist in establishing an early warning or trigger system for breaches of the entities’ risk appetite or limits.

• Prepare reports including corporate risk and control assessment reports where required for all entities within the Group.

• Prepare reports for regulatory bodies (e.g. ECCB, CBB, FSC) as required for all entities within the Group.

• Support the implementation and conduct of the internal stress test programmes.

• Facilitate in-house training as required including but not limited to:

• risk tools and systems
• policies and procedures
• mitigation strategies
• Incident Reporting

• Conduct risk assessments as required using quantitative and qualitative measures.

• Any other duties ancillary or related to the foregoing.

 Qualifications and Experience

• Bachelor’s Degree in Finance and Accounting or a related area.

• A minimum of 3 years’ related experience.

• Professional certification in Risk Management (RIMS).

• Membership of the Institute of Risk Management.

Knowledge/Skills and Abilities

• In depth understanding and experience of enterprise risk management within the financial services industry.
• Provide support the BPWCCUL Group IT Security Risk and Compliance programme.
• Assist the Group in understanding and complying with FSC, CBB and ECCB rules and guidelines governing the group’s technology, including third parties and vendors.
• Strong knowledge and appreciation of financial regulations.
• Demonstrates the highest level of integrity, confidentiality and ethical standards
• Excellent and management skills
• Excellent Communication, oratorical and Interpersonal skills
• Good working knowledge of performance management
• Excellent capabilities in statistical analysis and reporting.
• Ability to summarise financial information without compromising depth.
• Advanced IT skills, especially specialised software for data analysis.
• Proven adaptability, use of initiative and ability to work under pressure.
• Team player skills
• Problem solving skills
• Strong analytical skills
• Proven ability to assimilate information from an expansive variety of sources.
• Innovative and results oriented.
• Strong interpersonal skills.
• Ability to work independently and successfully apply professional judgment.
• Excellent time management capabilities.

Working Conditions

• Working conditions are normal for an office environment.
• Occasional travel as required.

Contacts

• Senior Leadership, Supervisory Teams and all employees of all operating entities within the group.
• External audit teams
• Assurance Functions (Compliance and Internal Audit)
• Regulators (domestic and regional)
• Board of Directors
• Risk Management Committee