Enterprise-Wide Risk Management Officer at Trade and Development Bank (TDB)

Job Summary

• The Enterprise-Wide Risk Management Officer will play a critical role in the identification, assessment and mitigation of risks that have the potential to impact TDB Group’s objectives. The successful candidate will work closely with departments across the Group to develop risk management strategies and ensure internal processes have adequate controls in place.

Duties and Responsibilities

The Enterprise-Wide Risk Management Officer performs the following duties:

• Identify, assess, and prioritize potential risks across the organization.
• Analyze departmental and regional office Risk and Control Self Assessments (RCSAs) to ensure that risks are adequately mitigated, and controls are effective.
• Co-ordinate the Internal Audit processes including the planning and execution of quarterly risk-based internal audits, and the follow-up and closure of internal audit findings.
• Review departmental and organizational wide Business Continuity Plans including providing testing oversight.
• Collaborate with cross-functional teams to ensure alignment on risk management initiatives.
• Review risks for the bank on on-going Projects to identify and track potential risks that may delay or lead to non-delivery.
• Prepare risk management reporting for the Board, senior management, and stakeholders.
• Stay informed on emerging risks and trends in the industry to proactively address potential challenges.
• Provide risk management training and guidance to staff across the Group.

Qualifications and Competencies

• A master’s degree in business administration, Accounting, Finance, Mathematics, Statistics, Econometrics or any other relevant field from a recognized institution. Relevant professional qualification/certification such as CFA, FRM, PRM, CPA are welcomed.
• A minimum of 5 -8 years of professional experience and proven track record in a commercial/Development Banking or Financial institution environment.
• Understanding of financial risks (i.e., credit, market and/or liquidity) and/or non-financial risks (i.e., operational, compliance, reputation, strategic), and of financial services businesses and products.
• Experience in assessing and/or implementing risk management frameworks and the lines of defense model in banks.
• Proficiency in Microsoft office tools with some programming experience is preferred.
• Strong analytical skills and banking knowledge.
• Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports and ability to work in a multicultural setting.
• Fluency in English is a requirement and Knowledge of TDB Group's other working language (French) would be an added advantage.