Risk Management Officer

Responsibilities:

Risk Identification and Assessment:

• Identify potential risks across credit, operational, market, and compliance areas
• Conduct risk assessments for new and existing products, processes, and clients
• Evaluate loan applications for risk exposure where required

Credit Risk Management:

• Monitor the quality of the loan portfolio and identify early warning signals
• Review credit appraisal processes to ensure adherence to policy
• Track delinquency trends and recommend corrective actions

Risk Monitoring and Reporting:

• Prepare periodic risk reports (daily, weekly, monthly) for management
• Maintain risk registers and track mitigation actions
• Analyze key risk indicators (KRIs) and escalate issues promptly

Policy and Compliance:

• Ensure compliance with internal risk policies and regulatory guidelines (e.g., central bank regulations)
• Support the development and review of risk management frameworks and policies
• Conduct compliance checks and internal control reviews

Operational Risk Management:

• Identify process gaps and recommend improvements to reduce operational losses
• Investigate incidents, fraud cases, or control breaches
• Promote risk awareness across departments

Audit and Regulatory Support:

• Assist internal and external auditors during audits
• Ensure timely resolution of audit findings
• Liaise with regulators on risk-related matters when required

Requirements:

• Minimum of 3 years of experience
• Minimum of a BSc.