Duties:
- Assisting in the drafting of policies and procedures and other internal documents particularly related to credit, operational and market risk and implementation thereof.
- Conduct and assist in risk assessments to identify potential risks and vulnerabilities within the bank’s operations, products, and processes.
- Collaborate with cross-functional teams to evaluate risks, assess their potential impact, and prioritize them based on severity and likelihood, assist in the implementation of new controls and monitoring.
- Monitor and review the effectiveness of risk management strategies together with the Head of Risk, making necessary adjustments as required.
- Ensure compliance with relevant laws, regulations, and internal policies to maintain a strong control environment.
- Stay informed about regulatory changes and developments, providing guidance to the bank and its employees on compliance matters.
- Coordinate with internal and external auditors, regulators, and other stakeholders during compliance reviews and audits.
- Communicate risk-related information and recommendations to various stakeholders, fostering a culture of risk awareness and accountability.
- Provide guidance and support to business units on risk-related matters, promoting a proactive risk management approach throughout the organization.
- With the Head of Risk develop and deliver risk management training programs to enhance employees’ knowledge and skills in identifying and managing risks.
- Strong knowledge of risk management principles, methodologies, and regulatory requirements.
- Possess a high-level work ethics, professional integrity.
- Ability to work with minimum supervision with a good eye for detail and analytical skills, good in prioritizing, organizational and time management abilities to meet deadlines and able to work independently.
- Be a good team player with good communication skills.
- Excellent analytical skills with the ability to identify, assess, and mitigate risks effectively.
- Bachelor’s degree in Finance, Economics, Business Administration, or a related field. Relevant professional certifications are considered an asset.
- The ideal candidate must possess at least 3 years of experience working in a similar position, Banking.
- Knowledge of the regulatory framework governing a credit institution would be considered an asset.