- 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.
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