Job Description

Reporting to the Risk Manager, the holder shall be responsible for coordinating, monitoring and supervising all aspects of enterprise risk management. The holder shall work with risk owners to identify assess and prioritize key risks and advise the Business on mitigating actions or controls, in order to maintain the risks within the Bank’s risk appetite.
Support the risk manager to implement the Bank’s sustainability principles and Environmental, Social, and Governance (ESG) standards into operations in promoting responsible banking practices and supports the bank’s long‑term resilience

1. KEY TASKS AND RESPONSIBILITIES

KEY RESPONSIBILITIES

• Enhance and implement tools to identify, assess, mitigate and monitor key risks across the bank. These include, but are not limited to operational risk, credit risk, market risk, ESG risk and liquidity risk.
• Coordinate the development and implementation of the ESG Framework and work plan of the bank and ensure it is regularly updated.
• Ensure ESG risk reporting requirements are observed including the adoption in Risk Monitoring toolkits i.e. RCSA, risk registers.
• Contribute to the enhancement of risk awareness among staff and promotion of risk culture in the organization. Conduct training on risk / control matters
• Co-ordinate the updates and documentation of branch / departmental Risk registers and risk assessments.
• Monitoring, testing and reporting of internal control systems.
• Maintaining ‘fit for purpose’ MI comprising Key Risk Indicators (KRI’s), key risks, key controls, and management actions
• Bank wide compliance to the approved Risk Management Policy and framework, regulatory requirements, and the Old Mutual policies.
• Follow up on management action plans arising from all assurance findings to ensure timely and high‑quality closure by responsible owners and drive the achievement of established control‑environment performance metrics.
• Conduct risk assessments of the Bank’s products and offerings and conduct post implementation monitoring and review.
• Prepare risk reports necessary to enable the risk manager and the Head of Risk and Compliance to advise stakeholders accordingly.
• Perform testing of key controls and targeted risk reviews to identify gaps and advise the business.
• Monitor and ensure maintenance of risk events and follow up for closure on risk system (CURA)
• Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within the area of responsibility.
• Project risk management: Monitor project risks for all key projects being undertaken by the bank.

2. SKILLS, KNOWLEDGE & COMPETENCIES

Knowledge and skills

• Knowledgeable in risk and compliance matters and have working knowledge of banking operations

Personal Attributes

• Must be able to work independently with good inter personal and project management skills. 
• A matured self-starter, self-motivated, meticulous and committed individual.
• Analytical
• Attention to detail
• High level of accuracy with the ability to work with fixed deadlines
• Visits to branches and other business units.

3. QUALIFICATIONS & EXPERIENCE

• Bachelor’s degree in business related field
• Certification in risk management; ACAMS
• 4 years’ experience in a bank or financial institution, with at least 2 in risk, compliance or audit functions