Provide central oversight of risk management while also accommodating individual risk process needs.
Development and Continuous evaluation of the ERM Framework to ensure all risks are identified and adequately mitigated.
Assist the Board Audit Committee in the formulation of policies and development of better controls
Acting as an adviser to the organization to enable all strategic, management and operational tasks of the organization to be aligned to a common set of risk management objectives
Preparing regular reports on the effectiveness of the risk environment for the Management and Board of Directors as may be required from time to time
Present insights into the business’s emerging risk profile and its impact on business objectives based on market dynamics
Provide board and management with risk impact estimations and business rationale
Ensure loan book is of good quality – NPL is not higher than 3% and continuous strategy formulation to ensure good quality loan book
Build a framework to manage and evaluate the risks around mission-critical processes/procedures especially risk assets.
Evaluate organizational processes and procedures aimed at mitigating risks and improving organizational efficiency.
Strengthen visibility into the dependencies between risk exposure, execution of strategic initiatives, and achievement of business objectives
Create a culture of risk awareness within the organisation
Stress Test and Portfolio report to Board & Management.
Provide overall direction and leadership
EDUCATION AND QUALIFICATIONS
Professional certification in Accounting / Risk management
6-10 years experience in similar role in the financial services sector
Knowledge of Corporate Governance and Accountability
MFI industry experience will be an added advantage
SKILLS AND COMPETENCIES
Excellent Analytical skills, Numerical skills and an eye for detail
Excellent Interpersonal skills
Strong competence in usage of Microsoft suite
Sound Commercial awareness
Strong appetite for Innovation and Technology
Strong Planning and organizational skills
Ability to understand broader business issues
Strong Communication and presentation skills