Credit Risk Manager at Sifax Group

Credit Risk Manager

Industry: Financial Services (Sky Capital Financial Services Limited)

Job Description

• Implement and communicate the company’s risk management and internal control policies and objectives
• Work with management in integrating risk management policies and practices into the strategic plans of the company
• Assist in developing and monitoring risk mitigation strategies for the organisation’s critical risk areas and work with business units to establish, maintain and continuously improve risk management capabilities
• Monitor activities of all business units to ensure compliance with internal control and risk management policies
• Facilitate company-wide risk assessments and monitor priority risk areas across the organisation
• Prepare periodic risk assessment reports for management
• Ensure effective alignment between the enterprise risk management process and the internal audit process
• Conduct periodic risk management education and training
• Coordinate the compilation and continuous review of a detailed transaction process flow for all key activities in the organisation and define control measures to ensure compliance
• Review transaction processes
• Provide an independent view regarding proposed business plans and transactions
• Evaluate risks in operational activities
• Ensure regulatory compliance
• Ensure processes and risk guidelines are in place, and are adhered to in order to safeguard assets and the brand equity of the Group
• Prepare reports and advise units and committees on departure from policies, procedures, and other exceptions
• Maintain working knowledge of relevant legislation, statutory instruments, codes of practice, and organisation policies, and ensure adherence
• Other duties as assigned

Requirements

• First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance) MBA or Master’s degree in Finance or Accounting is required
• Minimum of 6 years’ experience, in relevant experience of which at least two (2) years must have been spent in a similar role in the financial services industry

• Knowledge of transaction banking products essential

• Develop and implement Enterprise Risk Management policies, procedures and policy framework
• Provide management and board with regular assessment and opinion on effectiveness of company’s risk management control systems
• Put in place a system to ensure company’s operational risks are identified, analysed and properly assessed
• Ensure compliance with all regulators’ requirements and other applicable laws
• Conduct policy audit, ensure compliance to standards, including liaison with internal & external auditors
• Chartered membership of ICAN/ ACCA is required

• Clear understanding of the company’s operational risk framework or equivalent experience gained in other organizations

• Good knowledge of risk management principles and practices with a required knowledge of audit techniques and methods required
• Communication, presentation and report writing skills
• Working knowledge of Microsoft Office Suite
• Knowledge of corporate governance practices and knowledge of Assets and Liabilities Management (ALM)
• Knowledge of the GAAP/IFRS and good understanding of finance, accounting, budgeting, and cost control principles and ability to analyse financial data
• In-depth understanding of the organisation’s business issues with good ability to read large volumes of documents effectively and extract necessary information

Interested and qualified? Please send a detailed cover letter stating why you are best fit for the role. You are also advised to attach your updated resume/CV.

To apply for this job email your details to jobs@sifaxgroup.com