Head of Risk

• Support business in developing appropriate risk management strategies and tools in line with market developments, laws and regulations
• Oversee and enforce risk management policies and limits to close gaps in risk management capability
• Prepare and report KRI reports on financial and non-financial risks
• Guide, facilitate and support the RCSA process
• Provide an independent view of proposed business plans and report identified risks to the Board Risk Committee and Executive Committee
• Drive risk management policy and process upgrades, including improved analysis, systems and pricing or costing models
• Develop systems to generate robust MIS that identifies, monitors, manages and controls credit, market and operational risks
• Organise, manage and motivate the Risk Management and Internal Controls team to optimize competence and productivity
• Monitor and manage the performance and development of direct reports
• Champion improved understanding of risk management across the organisation, starting with the Senior Management Team
• Support management in achieving strategic objectives through assessment of actions, monitoring adequacy and timeliness of corrective actions
• Oversee compliance risk management by tracking new or changed laws, regulations and best practices and embedding them into policies and processes
• Coordinate policy and procedural manual development, keeping manuals current with changes in business risk, products, laws and market practice

Qualifications & Experience:

• Relevant professional qualifications and a bachelor's degree in business, credit or finance
• A postgraduate degree is an added advantage
• Five years of working experience in internal control, audit or risk management, preferably in financial services
• Three years of experience in a management or leadership role

Skills & Competencies:

• High proficiency in Microsoft Excel, Word, PowerPoint and Visio
• Knowledge of consulting, management, strategic planning and change management techniques
• Understanding of modern Enterprise Risk Management practices in financial services
• Knowledge of the Basel II Risk Management Framework and its implementation implications
• Knowledge of banking policies, processes, procedures and regulatory requirements
• Knowledge of policy formulation, implementation and enforcement
• Knowledge of the Risk Control Self-Assessment framework
• Knowledge of risk categories and risk appetite principles supporting sustainable growth
• Knowledge of crisis management and business continuity planning
• Strong interpersonal, communication and stakeholder management skills
• Leadership, change management and performance management skills
• Fluency in English
• Availability to travel up to 25% of the time