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Senior Risk Officer

Application deadline 30. Jun
Posted at
31. May, 11:01
Application deadline
Business / Employer name
Company Industry
Banking & Finance
Job Level
Entry Level
Work Type
Full Time
Highest Qualification
Years of Experience
5 years
Other Dar es Salaam District Dar Es Salaam

Functional Area: Risk Management

Education: Master’s degree in Commerce/Finance from a reputable institution, or professional qualification in finance/ Accounting or risk

Minimum Experience: Have 5- 10 years’ work experience in Risk Management / Audit/ Financial Accounts / Audit firm or banking sector

Last date to apply: May 31st, 2018

Job Responsibilities

  • Report to the board & senior management with regards to the design, implementation, review and approval of a bank-wide risk governance framework that is aligned with strategy and includes the bank’s risk culture, risk appetite and risk limits.
  • Responsible to work closely with all the stakeholders across the business to achieve a well-controlled organization which can achieve growth targets safely.
  • Setting the vision and strategy for the risk function working in conjunction with all other senior leadership across the Bank.
  • Responsible to formulate and articulate a coherent risk appetite and establish ISRM (Information Security Risk Management).
  • Prepare, develop, manage and refine qualitative and quantitative risk reporting which meets the needs of the Board, in order to support effective decision making.
  • Integrate risk management priorities into the company's overall strategic planning
  • Establish and implement methodology for timely identification & assessment, on an ongoing basis, of material risks.
  • Provide ongoing monitoring of aggregate risk-taking activities and risk exposures to ensure they are in line with the approved bank-wide risk governance framework, corresponding capital, liquidity needs and regulatory requirement.
  • Develop “Key Risk Indicators” (KRIs), risk register, contingency and business continuity plans, update and review policies (in line with legislative and regulatory requirements) for operational risks to ensure the escalation of significant risk issues to appropriate management levels.
  • Embedding a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed risk framework.
  • Partnering effectively with third parties, regulatory bodies and others, as appropriate and serving as a role model for high personal and corporate ethical values and standards of integrity.

Essential Skills

  • A very good understanding of risk management concepts and applications.
  • An excellent acumen of finance, accounting data flow & accumulation and on-off balance sheet items comprehensions.
  • Thorough concept of BASEL guidelines on Risk Management for banks.
  • Strong analytical, interpersonal and communications skills.
  • Highly proficient in word processing, spreadsheet, and presentation applications and inclined towards working in a technology-driven environment

Only short listed candidate will be contacted.

A client seeking a qualified candidates for the position of a Senior Risk Officer

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