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Saturday, 18 May 2019
Assisting in identifying, analyzing, managing and preventing risks in the Firm’s existing and new businesses, products, operating models and developing/enhancing controls to prevent risk.
Assisting in managing enterprise-wide risks through the design and implementation of business-specific frameworks and best practice policies and procedures.
Principal Duties and Responsibilities
Engage in day-to-day identification, measurement and reporting of risk positions.
Continuous identification of likely risk areas and recommending remedial actions to address such exposures.
From time to time, work with the Internal Audit team to assess compliance of the business unit with corporate policies, internal procedures, and key regulations governing unit’s activities.
Review audit reports to identify risk areas across the organisation.
Assist businesses in defining relevant business practices, both at the strategic and operational levels, that would assist businesses in carrying out their operations in a manner that supports them staying within defined risk appetite.
Ensure prompt reporting of risk exposures/positions and provide advice on possible resolution of critical issues.
Prepare monthly asset and liability management reports and periodic ALCO related report and data analysis from time to time.
Monitor credit risk exposures and provide periodic credit risk reports.
Generate and disseminate market & investment risk position reports including compliance exception reports.
Carry out operational risk management analysis and resolution, as may be required from time to time.
Facilitate strategic risk assessment sessions with key business units and compile risk register and risk matrix for dissemination to attendees.
Design and review risk policies and framework.
Ensure smooth implementation of defined risk policies.
Ensure continuous improvement to risk policies, procedures and methodologies.
Engage in risk management training, workshops, town hall meetings and other form of risk awareness sessions for staff members.
Prepare necessary risk disclosure reports, such as IFRS 7 reports, as well as other reports that might be required by key stakeholders from time to time.
Prepare risk reports for individual risk areas as well as aggregated position for internal stakeholders, such as Senior Management and Unit Heads.
Between One (1) to three (3) years of relevant experience in the financial services sector.
First degree in Business, Accounting or other Finance related discipline.
A professional qualification or a master’s degree would be an added advantage.