Job Vacancy For Chief Risk OfficerKey Responsibilities
• Analyze various risks that could impact the company, including credit risk, operational risk, liquidity risk, market risk, regulatory compliance risk, etc
• Collaborate with different departments and conduct risk assessments to identify potential vulnerabilities and areas of concern
• Develop and implement a comprehensive risk management framework in alignment with industry best practices and regulatory guidelines
• Establish risk management policies, procedures and guidelines to mitigate identified risks effectively
• Review and update existing risk policy from time to time to ensure compliance with the risk management directive of the Bank of Ghana (BoG)
• Evaluate and monitor the credit risk exposure of the company’s loan portfolio
• Assess the creditworthiness of potential borrowers and ensure that appropriate risk rating models are utilized
• Stay up-to-date with relevant regulatory requirements and industry standards on risk management in the company and ensure compliance
• Implement effective risk monitoring tools and techniques to track the company’s risk exposure continuously
• Prepare regular risk reports for management and the board of directors, highlighting key risk metrics and trends
• Present risk-related findings and recommendations to the management team on board as needed
• Conduct training sessions for the company’s staff on risk awareness and risk management practices
• Foster a risk aware culture within the organisation and promote a proactive approach to risk identification and mitigation
• Develop and maintain contingency plans to address potential crisis situations and ensure business continuity i times of heightened risk
• Organized monthly stress testing and semi annual reserve test testing as required by the regulator
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Qualification Required & Experience
• Bachelors Degree in Finance, economics, business administration or a related field. Advanced degree or professional certifications in risk management will be advantageous
• Familiarity with Central Bank (Bank of Ghana) requirements for risk management at financial institutions
• Proven experience of at least 5 years in a similar position within the financial sector, preferably in the savings and loans/banking sector
• In-depth knowledge of savings and loans products, operations and regulatory landscape
• Familiarity with risk assessment methodologies, risk modelling and analytical tools
• Strong understanding of credit risk management principles and practices
• A humble, hardworking and confident professional
• A team player who continuously improves self and the people around him/her.
• Excellent analytical and problem solving skills, with a keen eye for detail
• Ability to communicate complex risk concepts clearly and effectively to diverse audiences
• Must have Ghana Nationality and capacity to work in multicultural working environment
Salary: Market conform salary with excellent employment conditions
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Location: Accra
How To Apply For The Job
Apply with a detailed CV and cover letter, applications should be sent to:
jobs.aslc@gmail.com
Closing Date: 25 August, 2023
Key Responsibilities
• Analyze various risks that could impact the company, including credit risk, operational risk, liquidity risk, market risk, regulatory compliance risk, etc
• Collaborate with different departments and conduct risk assessments to identify potential vulnerabilities and areas of concern
• Develop and implement a comprehensive risk management framework in alignment with industry best practices and regulatory guidelines
• Establish risk management policies, procedures and guidelines to mitigate identified risks effectively
• Review and update existing risk policy from time to time to ensure compliance with the risk management directive of the Bank of Ghana (BoG)
• Evaluate and monitor the credit risk exposure of the company’s loan portfolio
• Assess the creditworthiness of potential borrowers and ensure that appropriate risk rating models are utilized
• Stay up-to-date with relevant regulatory requirements and industry standards on risk management in the company and ensure compliance
• Implement effective risk monitoring tools and techniques to track the company’s risk exposure continuously
• Prepare regular risk reports for management and the board of directors, highlighting key risk metrics and trends
• Present risk-related findings and recommendations to the management team on board as needed
• Conduct training sessions for the company’s staff on risk awareness and risk management practices
• Foster a risk aware culture within the organisation and promote a proactive approach to risk identification and mitigation
• Develop and maintain contingency plans to address potential crisis situations and ensure business continuity i times of heightened risk
• Organized monthly stress testing and semi annual reserve test testing as required by the regulator
EXCEL IN YOUR EXAMS
Get instant access to the most reliable Mocks and Marking Schemes.
BUY TOP 2026 BECE MOCKS AND ANSWERSQualification Required & Experience
• Bachelors Degree in Finance, economics, business administration or a related field. Advanced degree or professional certifications in risk management will be advantageous
• Familiarity with Central Bank (Bank of Ghana) requirements for risk management at financial institutions
• Proven experience of at least 5 years in a similar position within the financial sector, preferably in the savings and loans/banking sector
• In-depth knowledge of savings and loans products, operations and regulatory landscape
• Familiarity with risk assessment methodologies, risk modelling and analytical tools
• Strong understanding of credit risk management principles and practices
• A humble, hardworking and confident professional
• A team player who continuously improves self and the people around him/her.
• Excellent analytical and problem solving skills, with a keen eye for detail
• Ability to communicate complex risk concepts clearly and effectively to diverse audiences
• Must have Ghana Nationality and capacity to work in multicultural working environment
Salary: Market conform salary with excellent employment conditions
CHEAP NON-EXPIRING DATA
Buy affordable data bundles that never expire. Reliable and Instant Delivery!
BUY CHEAP DATA NOWLocation: Accra
How To Apply For The Job
Apply with a detailed CV and cover letter, applications should be sent to:
jobs.aslc@gmail.com
Closing Date: 25 August, 2023