Manager Enterprise Risk Management

Job Requisition ID: R-15972320

Reporting to: Director/Managing Director

Job Summary

Ensure that all activities and duties are carried out in full compliance with regulatory requirements (home and host), Enterprise-Wide Risk Management Framework and internal Policies and Standards. Understand and manage risks and risk events (incidents) relevant to the role. This role is to lead the oversight of Risk Appetite Management and Treasury Risk on behalf of the KRO and Head of Risk.

Job Description

Risk Management (65%)

• Develop and maintain risk appetite statement policy and framework for the bank
• Develop and maintain financial risk policy and framework for the bank
• Develop and quantify financial key risk indicators or Limits for the bank, drive both management and approval process.
• Extract data and perform data analysis on macroeconomic variables with correlation to NBC risk taking approach.
• Prepare and maintain risk strategy, risk appetite statement and integrated planning for the bank together with driving both management and board approval process
• Report and Monitor Limits on periodic basis and maintain mitigation plan necessary to remediate the position back to targeted range as per the risk appetite statement.
• Perform risk assessments and gap analyses over liquidity, capital risks and risk appetite together with preparing and maintaining Internal Capital adequacy assessment process (ICAAP) and Internal Liquidity Adequacy Assessment Process (ILAAP)
• Perform assurance work on areas related to risk as a whole. Provide value-adding recommendations to senior management team to ensure that activities are controlled but also processes are efficient.
• Prepare management reports and present matters arising during the period
• Provide updates to regulators and respond to inquiries into company’s financial risk functions following appropriate governance.
• Provide direction on financial risk-related matters.
• Contribute to the strategy recommendations for financial risk management.
• Perform bank’s stress testing on a quarterly basis as per the requirement of both group and regulator.
• Participate in new product/business developments, significant change processes and complex trade reviews by performing risk assessment.
• Drive implementation of new regulatory directives i.e., guideline, regulations, law, circular etc.
• Support and provide guidance to business in the implementation of frameworks and policies.

Project Support (25%)

• Represent the Risk team, for example our approach to manage risk—from time to time, this includes calls or meetings with regulators (home and host) or internal/external auditors.
• Both on regulatory and general projects, the candidate is expected to provide a Risk view of the bank. The candidate is expected to engage with the Programmes at a senior level and to make recommendations to the AGL Key Risk Officer, in-country head of risk and other senior management members.
• Provide support on other technical activities as required.

Relationship Management (10%)

• Provide expertise on financial risk and input to key Group initiatives
• Liaise with Internal Audit on relevant audits
• Liaise with key stakeholders including both local and group level stakeholders
• Develop a wide network of contacts across Risk and the business to identify and work towards common goals.
• Know our clients/customers and understand how the conformance team’s work benefits them
• Proactively take on additional tasks as requested by the Director/Managing Director.
• Make sure our colleagues in the business are equipped to be able to protect our reputation at all times.
• Understand and adhere to the appropriate Policies and Standards applicable to the role.
• Understand and manage risks and risk events (incidents) in the role thereby contributing to the adherence to the Risk and Control Framework. Complete all mandatory training as required

Education and Experience Required

• Bachelor’s Degree or its equivalent in a Finance-related field.
• Minimum of three (3) years’ experience as a Liquidity & Market Risk Analyst or Financial Analyst in a financial institution.
• Excellent understanding of Liquidity Risk, Capital Risk and Market Risk. A broad knowledge gained in the Treasury, Risk or Audit team of a bank
• Practical risk management experience in Treasury or risk is preferred
• Very good understanding of bank products and their inherent risks for clients and the Bank
• Good understanding of current and future regulatory environment and ability to translate that into requirements for risk frameworks and individual businesses.

Knowledge & Skills

• Excellent negotiation skills, ability to use this in presentations to very senior stakeholders
• Ability to manage a relationship with staff at all levels and to agree the recommendations with senior management.
• Very good understanding of macro-economics
• Very good understanding of reputational and its impacts
• Good understanding of operational and compliance risks

Competencies

• Analytical mind, capable of collecting and assessing multiple risk information from diverse sources
• Excellent interpersonal, persuasion and communication skills, both written and oral.
• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Creating and innovating

Qualifications

• Bachelors Degrees and Advanced Diplomas - Business, Commerce and Management Studies
• Digital familiarity (Meets some of the requirements and would need further development)
• Experience in a similar environment at junior specialist level
• Openness to change (Meets some of the requirements and would need further development)
• Process optimisation (Meets some of the requirements and would need further development)
• Reasoning (Meets all of the requirements)
• Risk Management (Proficient)