Lead the enterprise risk management framework across the bank, identifying and mitigating risks.
Develop and maintain risk management policies, strategies, and programs.
Work closely with executive leadership to align risk management with organizational goals.
Monitor and assess internal and external risk factors, providing recommendations to minimize potential impacts.
Ensure compliance with local and international regulatory frameworks.
Establish effective communication across all levels of the organization to ensure risk awareness and training.
Manage risk reporting and governance processes, providing regular updates to the board and senior leadership.
Introducing frameworks for ICAAP, Risk Appetite & Stress Testing and perform regular updates for renewal. Present for relative approvals by Board Risk Committee and Board of Directors.
Develop Stress Testing methodologies for all types of risk. Execute these methodologies practically and identify the impact on profitability and capital adequacy.
Conduct and present quarterly ICAAP to Group Risk Management and Board Risk Committee, a comprehensive ICAAP report is submitted annually to the Board of Directors and CBE.
Introduce Strategic Risk framework and present for relative approvals by Board Risk Committee and Board of Directors.
Perform Strategic Risk management in terms of assessing budgetary metrics and strategic initiatives, analyze deviations from business plan and recommend mitigating actions.
Prepare and present strategic risk reports to Group Risk Management and Board Risk Committee.
Prepare Bank’s Risk Appetite Statement and Risk Profile reports in coordination with other risk management departments. set the risk appetite parameters and limits and recommend CRO review and approval.
Developed Recovery Plan in coordination with an external consultant to apply best practices. Recovery Plan is prepared to comply with CBE law 194/2020 article 94 and relative guidelines has been approved and submitted to CBE as an early submission as of 2021.
Assess regulatory changes and their impact on the bank’s risk profile and strategic objectives.
Bachelor’s degree in Finance, Business, Risk Management, or a related field from a reputable university.
Minimum of 15 years of experience in risk management, with at least 6 years in a senior leadership role.
A master’s degree or relevant certifications (e.g., FRM, CFA, ERP) is preferred.
In-depth knowledge of risk management tools, regulatory requirements, and banking operations.