Job Description
Description
The risk officer is part of the risk management team responsible for overseeing the development and implementation of risk policies and procedures in an organization. He/She will be required to analyze various financial data to estimate the degree of risk and level of associated risk involved in extending credit or establishing a business relationship with firms or individuals.
Reporting Line
He/She shall report to the Head of Credit Risk
Roles & Responsibilities - ERM Operations
- Manage and periodically update Bank’s Enterprise Risk Management Risk Register
- Consult with relevant units to determine risks involved in establishing and maintaining various client and industry relationships
- Responsible for monitoring procedures the organization has set to police transactional risks
- Responsible for the maintenance of customer credit history database
- Manage operational incidence report and conduct periodic root cause analysis
- Maintaining records of Credit insurance policies and claims
- Serve as a liaison officer between risk vendors and the organization
- Perform other adhoc functions as may be required
Competencies
Technical
- Basic understanding of MFB operational guidelines.
- Strong analytical skills
- Conversant with MS Office, Tableau and SQL.
Behavioural
- Resourceful and great interpersonal skills
- Must be able to learn, understand and apply new methodologies.
- Have sense of urgency to complete tasks at hand.
- Proactive and the ability to take initiative.
- Self-motivated, decisive with the ability to adapt to change and competing demands.
- Ability to multi-task and function under pressure with little or no supervision.
- A team player
Requirements
- Bachelors degree in Accounting, Finance, Mathematics, Statistics or related field required
- Knowledge: They must possess a solid understanding of process, risk, and control design concepts and governance from an operational risk management or audit perspective, including knowledge of managing data/technology processes, or experience in risk mitigation within this field/industry
- 2-4 years experience in Enterprise Risk Management,Credit Underwriting, Collections, Quality control or Process improvement Team
- Experience working in relevant environment/s, i.e. Stress Testing experience working in a risk function commercial bank, or investment bank is desirable but not essential.
Benefits
- Private Health Insurance
- Pension Plan
- Training & Development
- Performance Bonus
Recruitment Process
- A screening call with the Senior Recruiter ~30 minutes
- A Case Study ~ 72 hours
- Technical interview with the hiring manager ~30 minutes