Risk Management Officer

Department : Audit and Compliance
Reports to : Audit and Compliance Head

MAIN PURPOSE OF THE JOB:

The Risk Management Officer is responsible to identify risk through systematic risk assessment, develop and communicate risk management policies and implement risk mitigation strategies within the organization.

SPECIFIC DUTIES AND RESPONSIBILITIES:

Credit Risk
1. Risk identification analysis and measurement of BFC's lending and borrowing activities mainly on portfolio basis.
2. Evaluation and monitoring of the magnitude, direction and distribution of credit risks across BRC and from a portfolio perspective.
3. Conducting tests on BFC's portfolio so that risks can be properly assessed and measured.

Operational Risk Management
1. Recommends to the Board of Directors and Senior Management appropriate policies and procedures relating to operational risk management and controls.
2. Design and implement the operational risk assessment methodology tools and risk reporting system of the company.
3. Coordinate risk management activities across the company.
4. Consolidate all relevant operational risk information/reports to be elevated/presented to the Board and Senior Management.
5. Provide operational risk management training and advice to business units on operational risk matters.
6. Other risk on which BSP requires

JOB REQUIREMENTS:



Education:
>Must be a graduate of Bachelor's Degree in Business Administration, Finance, Law or any related fields
>Relevant certifications related to the position are advantageous

Work Experience:
>Proven experience of atleast 3 years officer role in the field of Audit and compliance
>Proven experience in compliance program management, legal and governance, audit management, risk/loss prevention or equivalent experience

Specialized Knowledge
>Knowledgeable in regulatory rules and general compliance in financial institution
>Attention to details and ability to determine and assess process issues relating to compliance and recommend appropriate solutions.
>Skilled in audit review and planning and risk management

Personal Qualities

>Analytical thinking and ability
>Skilled communicator
>Legal and moral integrity
>Strategic thinking
>Superb organizational and time management skill
>Ability to add value, reduce cost and make business improvements\
>Resolution oriented