Job
description
- 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
Requirements
- 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 - Ensure
that training and development on Risk Management is offered to staff on a
regular basis - 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
the development and execution of internal control plans outlining annual
testing based on risk assessments (e.g. Risk and Control Self-Assessment),
internal/external audit and regulatory reports - Assess
new products, procedures and procedural changes to identify potential
operational risks and suggests mitigation plans. - Monitor
the banks insurance cover by way of review of the insurance return to
ensure assets are adequately protected against losses. - Maintain
cost disciplines, rationalise and consolidate risk expense.
Company
profile
- 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.
To apply for
this position please go to www.hrmc.co.bw
