Latest Jobs at Co-operative Bank

Job reference number RM/CEO/2019

This is an exciting opportunity in Risk Management that will deliver value to the Bank whilst horning your skills and giving you visibility within the Group Businesses. We are excited at the thought of having you as part of us. As a market leader, we have worked hard to earn our customers’ trust. Gaining and retaining this trust is critically important for our success. We defend our integrity by ensuring the Bank is in full compliance with all legal standards, Banking laws, rules and regulations as well as managing risks.

This is a high visibility role which provides you with an opportunity to contribute to the Group’s control environment and exposure to many business areas.

Reporting to the Chief Risk Officer (CRO), the role holder will be responsible for financial risk management with the overall accountability for developing and implementing Strategic, Corporate governance, Credit, Market, Liquidity, and Subsidiaries risk management policy frameworks. He/she is also required to ensure that the Co-operative Bank Group is adhering to regulatory prudential guidelines, requirements and best risk management practices.

Responsibilities

• Champion the overall implementation of the Financial Risk Management framework and risk management best practices within the Bank while acting as a center of excellence for Financial Risk management.
• Work closely with the CRO, Business and Operations units within the Bank to establish, maintain and continuously improve risk management capabilities and culture.
• Monitor implementation of the Bank’s Risk Appetite statement and risk limits by the Bank’s various business & support units.
• Assist in the designing, monitoring and implementation of financial risk mitigation strategies and measures for the Bank’s credit (lending) operations, treasury and ALCO processes.
• Generate regular financial risk reports that monitor the various risk exposures that the Bank and Subsidiaries faces such as credit risks, market risks and liquidity risks
• Assist in documenting the Bank’s ICAAP to ensure that industry best practices are incorporated to identify, monitor and control Pillar 1 and 2 risks and the associated capital requirements.
• Implement the Bank’s Stress testing policy framework and tools that align to industry best practices and ensure effective processes are in place to identify measure, manage, monitor and report on risk exposures under stressed conditions.
• Keep abreast and monitor Bank’s adherence with existing and new local (CBK) Banking regulatory requirements as well as supporting the Banks’ subsidiaries in implementation and monitoring the provisions/ requirements of their Enterprise risk policy frameworks.
• Keep abreast with new and emerging global and regional Banking regulatory requirements and best practice standards such as Basel Risk Management Guidelines, King Corporate Governance Guidelines, COSO Integrated Risk Management Guidelines, and ISO 31000 Risk Management Guidelines.
• Conduct quality assurance reviews of all risk management output (working papers, reports and presentations) to affirm accuracy and completeness of facts and proper presentation before being submitted to the Chief Risk Officer.
• Coordinate risk assessments and promotion of internal controls and Enterprise Risk management practices as well as carrying out risk assessment reviews within the Bank and its subsidiaries as per the Risk annual plan.

Qualifications

• Degree in Business, Finance, Statistics, Actuarial Science and/or Law or equivalent from a recognized institution/ University with a minimum of 5 years’ experience in risk management especially within the Banking Industry and/or in Consultancy.
• Risk Professional qualifications from recognized risk management institution such as FRM (GARP), PRM, and CISI (ASCI) is desirable.
• Excellent knowledge of CBK prudential guidelines on Risk Management and good knowledge of Basel II requirements in the Banking sector as well as the Banking Act with strong emphasis on lending.
• Ability to exploit information technology to develop effective management information and reports that add value to the business.
• Have an entrepreneurial mindset with sound business insight, good customer relationship skills coupled with a demonstrable project management skills.
• Excellent report writing & presentation skills, influencing skills, communication and interpersonal skills, including the ability to communicate complex issues clearly and succinctly to a non-technical audience.

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Job reference number PPTF/CIBD/2019 

As a customer-centric financial institution, we strongly believe in providing highly personalised services to deliver that personal touch.
To better serve our customers, we are on the lookout for highly motivated and results-oriented individuals who demonstrate initiative, good interpersonal and communications skills and most importantly, commitment in providing quality customer service.

Reporting to the Head – Trade Finance Sales, the Product Partner will be required to own the full end to end trade finance products or product portfolio processes that meet customers’ needs. The role holder will also be required to grow trade related income and asset book as well ensure trade finance instruments are well executed. He/she will be a recognized senior trade subject matter expert with a strong appreciation and understanding of structuring trade transactions and the relevant risk aspects associated with the trade business.

Responsibilities

• Actively initiate & support new product development, roll-out and implementation. Originate, structure and close trade deals against customer opportunities sourced either jointly or directly.
• Develop and manage a trade deal pipeline using SFE tools, manage end to end deal conversion and ensure revenue momentum is sustained.
• Draw up weekly customer calling plan for trade customers to drive trade business. Negotiate key trade terms with clients/resolving issues between product and client and provide expert trade advisory services to customers.
• Monitor and drive customer approved trade credit facility utilization. Ensure the portfolio managed remains of good quality as per bank’s credit policy.
• Champion risk approvals for trade deals and provide risk management of trade portfolio and structured solutions to mitigate risk.
• Provide Relationship Managers & Customers continuous trade product knowledge through training, workshop and forums to maximize trade opportunity identification/solutions.
• Proactively manage new and existing trade clients ensuring increased output to grow bank’s share of wallet.
• Review trade product pricing periodically and do competitive and SWOT analysis.
• Drive overall client satisfaction and service benchmark of trade offering and build customer loyalty. Benchmark against world-class Trade finance providers and ensure that standards of the trade finance unit meet similar standards
• Ensure that the processes, structures and systems required to effectively service existing clients and develop new clients are in place and continuously reviewed using SLA’s
• Ensure complete and accurate customer charges database is in place and is known to all users
• Continually drive and ensure consistent and superior client orientated culture and high quality service delivery to trade customers.

Qualifications

• A Bachelor’s degree in Business related field from a recognized university.
• At least 3 years Trade Finance experience, 2 of which must be in trade sales function.
• Sound Trade Products knowledge with ability to package simple and complex trade transactions.
• Excellent working knowledge of Uniform Customs and Practice for Documentary Credits (UCP 600), Uniform Rules for Collection (URC 522), Uniform Rules for Demand Guarantees (URDG 758) and International Standby Practices (ISP 598).
• Credit skills
• Ability to interact and negotiate with customers at a senior level.
• Customer focused & results orientated.
• Excellent verbal communication, written and presentation skills.
• Good organizational and time management skills.