Officer, Enterprise Risk at - Nairobi, Kenya - Sidian Bank

Description

At Sidian Bank, we recognize the significant accountability and inherent risks that an entrepreneur takes to make his ideas and dreams a reality.

It is for this reason that our mission is to empower entrepreneurs to create wealth through provision of transformational financial solutions that meet entrepreneurs needs and facilitate growth through convenience and choice.

JOB PURPOSE

The job holder is responsible for ensuring that the overall risk management framework is continually improved and effective, with an aim of ensuring that the Bank operates within its risk appetite to ensure low risk profile.

KEY RESPONSIBILITIES AND ACTIVITIES
Operational Risk Management

Assist in development of operational risk mitigation strategies for the bank's critical risks and for monitoring the risks
Monitoring and reviewing
Support process owners and risk champions with identification of key risk indicators in their respective functions aimed at mitigating those risks
Operation Risk Mapping & Risk registers update
Assist in development and communication of operational risk management tools including RCSA and incident reporting
Continuously updating and monitoring Incidents emanating from branches and departments

Financial Risk Management

Conducting regular CAMEL rating analysis on banks performance
Conducting regular Credit portfolio analysis including concentration risk, performance analysis and stress testing and advise management accordingly
Assist in regular updating of the bank's capital adequacy document (ICAAP).
Conduct risk review of new products
Weekly data update on Bonds Var and Bonds MTM – reporting based on the existence of FVOCI/PL Bonds
Daily Counterparty Limits Monitoring – reporting based on escalation need and monthly management reports
Annual deposits Behavioral Analysis
Monthly reports on key risk Indicators as detailed in the handover notes.
Monthly and Quarterly reports on Fx VAR, KDIC Camel rating, industry analysis and peer analysis
Design and implement overall operational risk management and business continuity process for the bank.
Conduct audits of policy and compliance to standards, processes and procedures.
Assist in review of existing policies and procedures
Conduct ad hoc analysis and assessments
Ensure quarterly collection of data on the KRIs

Credit Risk Management

Conduct credit portfolio analysis including stress testing, concentration risk and performance analysis
Prepare updates on the current and emerging risk exposures within the bank's own portfolio and across the market
Continuous update of the Risk Registers on credit risk
Assist management in defining and propose revisions of risk appetites for credit risk
Preparation of risk self-assessment checklist
Ensure quarterly collection of data on the KRIs for credit risk
Conduct ad hoc credit analysis and assessments
Follow up for closures of issues raised from the assessments
Recommend improvement in credit risk appetite, process, procedure and policies

KNOWLEDGE, SKILLS & EXPERIENCE

University degree in a relevant business discipline e.g. business administration or finance
At least three (3) years' experience in a financial sector
Sound understanding of operational risk management
Ability to understand and interpret financial information and principles
Proficient in excel
Thorough understanding of CBK regulatory framework and Anti Money Laundering regulations
Good analytical skills
Good Organizing and planning skills
Highly effective communicator with excellent interpersonal and motivational skills