Chief Risk Officer at KPMG

Summary

• The client is desirous of filling a key role with best-in class talent for the position of a Chief Risk Officer, the suitable qualified candidate is responsible for developing and executing mitigating strategies for all risks identified.

Detailed Job Description

• Champion the development and implementation of the organization’s risk appetite, limits and tolerance levels.
• Assist the Board/Management to develop and communicate risk management policies, risk appetite and risk limits.
• Coordinate the identification, assessment and recording of business risks relating to processes and functions.
• Define the enterprise risk management framework and establish guidelines for the development and implementation of supporting policies and procedures.
• Incorporate risk considerations into strategic decision-making and ensure alignment between business strategies of line management and the risk policy.
• Ensure portfolio optimization through risk diversification and transfer strategies, in line with the risk/reward profile.
• Provide input into capital and resource allocation decisions.
• Establish and maintain a risk awareness culture and provide appropriate opportunities for organizational learning, including lessons learned from previous problems, on-going communication, training and development.
• Monitor and report on adherence to the organizations risk framework / policies to the Board.
• Act as the point of contact between the organization and Regulators/investors with reference to risk management issues.
• Perform other duties as may be assigned by the CEO and the Board Risk Committee.

Minimum Educational Qualification

• Minimum of Bachelor's degree in any related discipline.
• MSc in Risk Management is required.
• Minimum of 15 years’ post qualification experience, with at least 10 years’ experience in risk management, of which at least 7 must have been in the banking sector and at least 5 years in a senior management role
• A professional certification such as CFA, CIS, ACCA, ACA, CFP, GARP, PRMIA or any other equivalent qualification from a recogized professional body
• Any other relevant Risk Management certification is an added advantage.

Required Skills:

• Demonstrate a proven ability to manage market, liquidity and enterprise risk.
• Deep understanding of risk management trends in the local & international financial services industry.
• Clear understanding and knowledge of the business objectives and processes of various functions.
• Deep understanding of enterprise risk management strategies, techniques and reporting applications
• Proven track record in the effective leadership and motivation of staff.