Officer, Enterprise Risk at Sidian Bank

JOB PURPOSE

The job holder is responsible for ensuring that the overall risk management framework is continually improved and effective, with an aim of ensuring that the Bank operates within its risk appetite to ensure low risk profile.

KEY RESPONSIBILITIES AND ACTIVITIES

Operational Risk Management

• Assist in development of operational risk mitigation strategies for the bank’s critical risks and for monitoring the risks 
• Monitoring and reviewing 
• Support process owners and risk champions with identification of key risk indicators in their respective functions aimed at mitigating those risks
• Operation Risk Mapping & Risk registers update
• Assist in development and communication of operational risk management tools including RCSA and incident reporting
• Continuously updating and monitoring Incidents emanating from branches and departments

Financial Risk Management 

• Conducting regular CAMEL rating analysis on banks performance 
• Conducting regular Credit portfolio analysis including concentration risk, performance analysis and stress testing and advise management accordingly
• Assist in regular updating of the bank’s capital adequacy document (ICAAP).
• Conduct risk review of new products
• Weekly data update on Bonds Var and Bonds MTM – reporting based on the existence of FVOCI/PL Bonds
• Daily Counterparty Limits Monitoring – reporting based on escalation need and monthly management reports
• Annual deposits Behavioral Analysis 
• Monthly reports on key risk Indicators as detailed in the handover notes.
• Monthly and Quarterly reports on Fx VAR, KDIC Camel rating, industry analysis and peer analysis
• Design and implement overall operational risk management and business continuity process for the bank.
• Conduct audits of policy and compliance to standards, processes and procedures. 
• Assist in review of existing policies and procedures 
• Conduct ad hoc analysis and assessments
• Ensure quarterly collection of data on the KRIs

Credit Risk Management

• Conduct credit portfolio analysis including stress testing, concentration risk and performance analysis
• Prepare updates on the current and emerging risk exposures within the bank’s own portfolio and across the market
• Continuous update of the Risk Registers on credit risk
• Assist management in defining and propose revisions of risk appetites for credit risk
• Preparation of risk self-assessment checklist
• Ensure quarterly collection of data on the KRIs for credit risk
• Conduct ad hoc credit analysis and assessments
• Follow up for closures of issues raised from the assessments 
• Recommend improvement in credit risk appetite, process, procedure and policies 

KNOWLEDGE, SKILLS & EXPERIENCE

• University degree in a relevant business discipline e.g. business administration or finance
• At least three (3) years’ experience in a financial sector
• Sound understanding of operational risk management
• Ability to understand and interpret financial information and principles
• Proficient in excel 
• Thorough understanding of CBK regulatory framework and Anti Money Laundering regulations 
• Good analytical skills
• Good Organizing and planning skills
• Highly effective communicator with excellent interpersonal and motivational skills