Officer Risk Management -South Sudan
Stanbic IBTC Bank
Nairobi
47m ago

Job Details

Risk Management : understanding all risks from the economic to the political that could affect our global business, and offering guidance to all parts of the bank

Job Purpose

The Risk Officer is responsible for General Risk management activities which include risk reviews, risk reporting & trend analysis, errors and claims tracking & analysis, coordination of closure of outstanding risk review issues, business resilience oversight, project management and product risk review oversight as well as engagement with Risk and Business stakeholders on risk matters.

The Risk Officer will collaborate with all stakeholders across the Bank as well as vendors to enable effective management of risk.

Key Responsibilities / Accountabilities

Deploy the Business unit Risk strategy and Framework

Contribute to the delivery of the overall Risk management strategy in South Sudan

Effectively execute the risk strategy and framework (aligned to business specific requirements), in line with the risk appetite statement and group policy.

Define and foster a risk culture and values aligned with bank and team values.

Contribute to the risk and control culture of the organization through knowledge sharing and awareness on the importance of risk management.

Own and drive the process of embedding the risk framework throughout the South Sudan business area by regularly engaging with all levels of leadership and management to help them understand the benefits of looking at their worlds through a risk management lens.

Act as an interface for Integrated Operational Risk (IOR) in driving financial crime control and liaising with the Information Risk function on information risk threats and controls in business strategy for South Sudan.

Partner with business resilience leadership through active participation in Business Resilience Forum Committee and other strategic forums to translate this into specific South Sudan resilience capabilities.

Optimise the Risk profile in the Busines Units

Contribute to the delivery of the overall Risk management strategy in South Sudan

Effectively execute the risk strategy and framework (aligned to business specific requirements), in line with the risk appetite statement and group policy.

Define and foster a risk culture and values aligned with bank and team values.

Contribute to the risk and control culture of the organization through knowledge sharing and awareness on the importance of risk management.

Own and drive the process of embedding the risk framework throughout the South Sudan business area by regularly engaging with all levels of leadership and management to help them understand the benefits of looking at their worlds through a risk management lens.

Act as an interface for Integrated Operational Risk (IOR) in driving financial crime control and liaising with the Information Risk function on information risk threats and controls in business strategy for South Sudan.

Partner with business resilience leadership through active participation in Business Resilience Forum Committee and other strategic forums to translate this into specific South Sudan resilience capabilities.

Efficient and Effective Delivery in Business Unit

Coordinate Risk and Control Self-Assessment (RCSA) plans to ensure alignment with product and / or process line.

Facilitate RCSA implementation in the business area in terms of coverage, frequency and participation.

Develop risk management plans with the business unit leadership in line with risk assessment results.

Align monitoring activities with Internal Audit, Internal Control and Compliance scope of reviews to ensure collaboration and to avoid duplication.

Track to closure all action plans arising from risk assessments, ops risk monitoring, internal and external audits and regulatory inspections to improve the risk and control environment.

Reviews system reports that provide information on incidents logged on a monthly basis.

Conduct detailed analysis of recurring material issues and performs root cause analysis for sharing with management.

Co-ordinate administrative queries from Group / Business area and other stakeholders.

Participate in the development of appropriate Risk training and awareness programmes for executives, senior managers and other employees on the prevention of risk in the business.

Develop and drives the rollout of business unit risk training and awareness and adoption of IOR policies and other governance documents

Organisational Health -Live the Risk function values

Coordinate efforts with broader team members to minimize duplication of effort, maximise efficiency and value for money.

Take accountability for the overall achievement of own goals in people matters, customer experience, financial performance, risk, compliance and governance.

Analyse effectiveness of cross-functional processes and systems in place in the area and identifies areas for improvement.

Manage Change Risk in the business Units

Conduct high level assessments of risks throughout the life-cycle of the project / program / initiative to ensure identified risks are appropriately mitigated prior to the project / program / initiative going live to prevent risk incidents.

Stakeholder Engagement

Build and maintain credible relationships with stakeholders, including management, internal and external audit, as well as peers.

Develop and share regularly risk reports that capture key risk matters across assigned business units and supporting functions including escalation of long outstanding issues for senior management attention.

Support periodic reporting and administrative requirements of the risk governance committees as may be assigned. This also includes reporting to Kenya and Group functions.

Preferred Qualification and Experience

A South Sudanese National would be preferable

Degree / Postgraduate degree in Commerce or Risk Management.

Working knowledge of risk management processes for a financial institution risk identification, measurement, control / treatment, acceptance and reporting

Knowledge and understanding of the regulatory environment governing financial services in South Sudan

Knowledge / Technical Skills / Expertise

  • Working knowledge of transaction processes relevant to products and services offered to customers e.g. within the corporate and investment banking and / or retail banking space;
  • A working knowledge of banking operating systems and controls.

  • Good verbal and written communication skills;
  • Socially confident, quick to establish rapport and able to maintain relationships even when communicating disagreeable information;
  • People management skills, including teambuilding, motivation, team goal planning and the ability to use team expertise to full advantage;
  • Logical thinker has a clear, focused and methodical approach to work;
  • Team player approachable, receptive to ideas / feedback from others;
  • Assertive able to handle and mediate in conflict, stand by principles and put forward ideas despite opposition;
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