Risk Officer at CPF Financial Services

Department: Risk and Compliance

Reference: CPF/RO/18

Job Summary: The jobholder is responsible for carrying out risk assessments to analyze areas of potential risk and make appropriate recommendations and reports.

Key Responsibilities

Risk identification and reporting

• Identify portfolio, operational, systems, resourcing and reputation risks and provide recommendations to reduce or control identified risks.
• Identify opportunities for business process improvement through leveraging on technology and systems to support the risk management process in the organization.
• Present ideas through reports and presentations outlining findings and providing recommendations on mitigating potential risks.
• Enumerate appropriate quantitative and qualitative portfolio risk measures.
• Review and provide recommendations/amendments on investment prospects and other proposals presented.
• Prepare quarterly reports on the risk assessment.

Risk administration

• Enforce, implement and train staff on risk policies and procedures.
• Conduct quarterly risk reviews of company investments.
• Conduct risk assessments to analyze areas of potential risk in the investment and business support processes and reports on company wide potential risk areas and weaknesses.
• Carry out investigations on enterprise risk profile to certify that the company risk standards and criteria are met.

Research analysis and portfolio administration

• Keep abreast of on-going macro-economic developments and provide advice with regards to potential risk areas.
• Update and maintain relevant database to assist in performance measurement.
• Evaluate portfolio performance of companies together with the investment analysts.
• Attend risk champions meetings.
• Any other duties as may be assigned from time to time.

Qualification and Experience Requirements

• An undergraduate degree in a Business related field and professional qualifications such as CPA, ACCA, CFA, Actuarial or financial risk management.
• Two to three years relevant experience in a financial services organization or risk management function.

Skills and Competence Requirements

• Communication skills
• Report and minutes writing skills
• People management
• IT skills