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Head of Risk at KCB Bank Nov 2021

Filed in Jobs Posts by on November 18, 2021 0 Comments

Job Position Head of Risk at KCB Bank

Job Summary:

To provide overall strategic leadership for the Risk Function for KCBT. In addition, the role will be responsible for developing and implementing risk management initiatives and activities to ensure efficiencies in bank operations.

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Key Responsibilities:

  • Establish & Maintain risk management strategies, principles, framework and policies and provide independent oversight thereof.
  • Identify, develop, analyze and review credit risk decision models and associated procedures to ensure credit risk decision tools used are powerful and appropriately discriminate risk.
  • As a member of Senior Management (EXCOM), participate fully in all management committees and meetings.
  • Report on incidences of violation of policies to management in order to maintain an effective risk management culture.
  • Engage with relevant regulators, MoHF, BOT, TRA, PCCB, OSHA, TCRA, etc. on various regulatory matters impacting the bank to ensure timely resolution.
  • Ensure that reporting requirements are aligned with BOT, Basel II and best practice benchmarks with regard to credit risk, Market Risk and Operational Risk.
  • Engage & Coach management and business units on risk management
  • Overseen operational risk framework of the bank through various risk champions & manage bank wide controls evaluation process
  • Coordinates appropriate and timely delivery of risk management information/reports to the board and senior management.
  • Develop capacity and competency of Risk Management Department
  • Oversee the composition and operations of CORCCO, BORCCO, HORCCO
  • Coordinate Business continuity/ Disaster Recovery plan, Insurance plans for the bank.
  • Ensure prompt management action on Internal/ External Audit findings, BOT examination reports
  • Develop Bank Risk Strategy and manage its implementation.
  • Manage lending risk of the bank
  • Maintain Banks Risk Appetite and Middle office functions
  • Coordinate ALCO meeting and ensure sustainable middle office function
  • Manage Financial Crime Framework i.e. Bribery & Corruption, Sanctions, AML and Fraud.

Requirements:

  • Bachelor’s Degree in business related field or its equivalent is required
  • Professional qualifications i.e. CPA, CPA (T) or ACCA is required
  • Master’s degree in risk or business-related field is an added advantage
  • Minimum 10 years of experience

HOW TO APPLY: CLICK TO APPLY ONLINE VIA OFFICIAL WEBSITE

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