Job Title: Risk Management Officer (RMO)

Reporting to: Chief Risk Officer

Company: Bank & Finance

Contract: Permanent Contract

Location: Douala, Cameroun

Closing date:  September 11th 2022

We are looking for a “Risk Management Officer” for one of our clients.

MISSION STATEMENT

The Risk Management Officer will minimize the bank’s risk of loss by defining and ensuring compliance with the approved risk management framework and processes for identification, controlling, managing, and reporting operational risk.

MAIN RESPONSABILITIES

The Risk Management Officer will be responsible to:

• Implement framework, procedures, and practices to ensure that operational risk is appropriately identified, measured, monitored, and controlled
• Identifies new business risks considering corporate strategy and operational changes
• Formulate and ensure compliance with sensitive operational risk policies
• Provide up-to-date industry review as input for operational risk management
• Develop strategies for mitigating all business and operational risk
• Oversee and ensure the integrity of the operational risk assessment process within business units
• Build and ensure a Bank-wide Operational risk management culture
• Implement and maintain the bank’s economic capital assessment and allocation methodologies for operational risk
• Design risk mitigation and control process
• Identify operational risks across the Bank.
• Assess and estimate risk exposures and impacts across the Bank.
• Analyze operational risks throughout the Bank.
• Establish a framework for capturing risk factors and relationships.
• Map all operational loss events to business lines.
• Create operational risk awareness throughout the Bank
• Monitor key risk indicators bank-wide regularly.
• Predict operational losses.
• Develop operational limits to monitor, constrain and avoid operational risk exposures.
• Prepare operational risk management reports as when due.
• Develop the architecture for the operational loss database.
• Ensure the integrity of loss data.

PROFILE/ SKILLS

The Candidate must have
• Minimum Experience: Minimum of 7 years post qualification experience in risk management within the Financial Services Industry, of which at least 5 must have been in the Banking Sector and 2 years must have been at a management level. Experience from an internal audit firm is an advantage.
• Recognized professional certification such as CFA, CIS, ACCA, ACA, CFP, IT Certifications, etc is an added advantage.
• Formal Training: Banking Law/Regulations
• Minimum Education: A good first degree in any discipline. A relevant Masters’ degree will be an advantage
• Knowledge and understanding of banking operations (international & domestic)
• Strategic orientation, creativity & innovation
• Good policy development and management capabilities
• Financial Acumen
• Finance and Accounting
• Banking Industry Knowledge
• Financial Industry Knowledge
• Knowledge and understanding of Financial Regulations (Domestic & International)
• Knowledge and understanding of Risk Management and Financial Standards (Domestic & International)
• Integrity and Discretion
• Leadership, coaching & influencing
• Initiative/Entrepreneurship/ taking ownership
• Team building/conflict management
• Organization & Coordination
• General managerial /administration

NB: Only shortlisted Candidates will be contacted.

How to apply: Send CVs to the application or recruitment@intelhrc.com with the subject ” Risk Management Officer”.