Executive recruitment company Monroe Consulting Group's Professional Division is partnering with a leading financial institution that is making its mark in the investment realm. Our esteemed client is seeking an experienced professional to be their Head of Risk Management.Position Objective:To lead, design, and implement a comprehensive risk management framework, ensuring the identification, assessment, and mitigation of operational and enterprise risks across the organization. The role extends to managing investment risks, product risks, and anti-bribery/corruption risks, while fostering a proactive risk culture through awareness campaigns and targeted training initiatives.Job Responsibilities:
Lead a team of risk management personnel in:ensuring a process is in place where all departments (Risk Owners) identify and document inherent risks, record internal controls and risk mitigation measures and the resulting residual risks.
assessing and reviewing risk exposures identified by Risk Owners and the controls adopted.
ensuring adequate steps are taken to mitigate and manage risks identified, through a structured ongoing process.
monitoring risks mitigation and controls to reduce risks, and to update risk register regularly.
maintaining a risk management database containing relevant static data, results of risk management reviews, records of risk management committees etc.
preparing monthly risk management report, documenting and reporting of risk management events for action and escalation.Develop, maintain and enhance (where necessary) an effective risk management framework for the Company.
Monitor and identify risk threats across the business, from all significant activities and identify controls to manage the risks, including generic and specific risks.
Monitor risk threats and advise Senior Management and Business Units on risk mitigation.
Regular cooperation with other "control" functions such as Compliance and Internal Audit to share matters of common interest.
Act as a Secretariat for Crisis Management Team (CMT) and Business Continuity Management.
Act as an Integrity Officer in managing Anti-Bribery / Anti-Corruption risk framework.
Develop risk awareness, including training and assessments, for Company employees.
Job Requirements:
Bachelor's degree and/or professional qualification in a relevant discipline
8 - 10 years or more of experience in risk management at an established financial institution, with at least 3 years in a management role
Good leadership, supervisory and coaching skills
Excellent interpersonal and communication skill.
Strong cultural sensitivity to manage relationships with people from diverse cultures.#J-18808-Ljbffr