Job Description

Our associate company Azbo Investmets which is Textile institution, is looking for a qualified and experienced
candidate to fill the critical role of Senior Risk Manager. The incumbent will be
responsible for managing Enterprise-wide Risk and ensure that the Organization achieves its
strategic objectives within the confines of applicable laws, regulations, standards of
best practice and guidelines.

Duties and Responsibilities

❖ Develop and implement Enterprise-wide Risk Management methodologies
and models and institutes policies and guidelines.
❖ Identify, quantify, monitor, and control the Organization's risk through development
and management of a company wide Risk register.
❖ Establish the Organization's Risk Appetite Framework and recommend for Board
approval.
❖ Coordinate the drafting and updating of risk policies and procedures in line
with guidelines defined by the Board of Directors.
❖ Develop the risk assessment criteria (RAC) for use in drafting corporate and
departmental risk registers.
❖ Lead the risk mitigation and internal control policies and procedures in the
Organization.
❖ Report periodically to the Board, Audit and Oversight Committee and EXCO
on key risk metrics, risk accountabilities as well as the adequacy and
effectiveness of the risk management policies and procedures.
❖ Participate in strategy formulation through performing risk assessment on the
bank’s likelihood to achieve the set targets.
❖ Administer enterprise-wide business impact analyses (BIAs) and coordinate
the development and updating of the organization’s business continuity plan
(BCP) for approval by the Board.
❖ Evaluate compliance with the set risk appetite and tolerances, approved
exposure limits and authorization levels and recommend remedial action in
case of non-compliance.

Qualifications and Experience

Qualifications and Experience
Requirements for the Job:
❖ Bachelor’s Degree in a relevant discipline such as Banking, Finance,
Mathematics, Statistics, Operational Research, Actuarial Science, Economics,
Accounting or similar qualification from a recognized institution.
❖ Risk Management related professional certification e.g. FRM, PRM, CERM,
CFA, CRMP.
❖ A Master’s Degree, preferably quantitative in a relevant discipline, such as
Risk Management, Finance, Banking, Financial Engineering, Statistics,
Operations Research, is an added advantage.
❖ 5 – 10 years’ experience in Risk Management, Audit or Compliance
environment, 5 of which should be at Managerial level dealing with Enterprise-
wide Risk Management.
❖ Advanced and specialized training in risk management and statistical skills,
credit risk modelling/analysis, data mining and financial analysis.
❖ Strong knowledge of the legal and regulatory framework for Textile
sector.