Risk Officer, Group Risk and Compliance at Guaranty Trust Holding Company Plc(GTCO)

Reports to: Group Chief Risk and Compliance Officer
Seniority Level: Mid-Senior level
Industry: Financial Services
Employment Type: Full-time
Job Functions: Accounting/Auditing Finance Management

About the Opportunity

• The Risk Officer will assist the Group Chief Risk and Compliance Officer in providing oversight of the Group’s spectrum of risk-taking activities encompassing economic risks including credit, market, liquidity, capital and country, as well as other core risks including operational, model, conduct, and reputational risk.
• He/she is responsible for coordinating all business units to assist in the identification, monitoring, and reporting of risks taken throughout the Group.

Supervisory Responsibilities:

• This position has no direct supervisory responsibilities but does serve as a coach and mentor for other positions in the department.

Your Key Responsibilities

• Provide support in designing a robust risk management strategy for the Group with over 10 subsidiaries across Africa and across different financial services businesses
• Provide support in setting the risk appetite levels for the Group, and the further defining risk limits for each subsidiary
• Provide guidance to ensure that adequate risk management policies are designed, and well implemented by subsidiaries
• Oversee monitoring of macro-economic activities that may affect the Group’s business activities, to proactively identify and assess the impact of risks and opportunities inherent in the Group’s business operations
• Provide oversight and guidance for conducting stress tests on the Group’s consolidated risk exposure
• Manage the risk identification and risk mitigation procedures of the Group
• Provide support in the creation of risk analysis report and disseminate it to relevant stakeholders including the risk committee, board members and group executives
• Advocate and support the culture of informed risk-taking and heighten awareness and use of advanced risk management practices through training programs and coaching
• Raise awareness of relevant rules and regulations from statutory and regulatory bodies within Banking and other financial services

Requirements
Skills and Knowledge Required for the Role:

• Bachelor's Degree in Finance, Accounting, Economics, Business Administration or Legal (Master's Degree is an additional advantage)
• Local and international certifications in Risk management, such as Certificate in Risk Management (CIRM)
• Strong understanding of development and trends in both international and African financial sectors, as well as regulations and trends in these markets
• Deep knowledge and understanding of both banking and general financial markets regulatory environment
• Strong understanding of Enterprise Risk management concepts, frameworks to proactively identify risks inherent in business operations that can have negative strategic implications for the Group  
• Strong knowledge on portfolio risk management techniques, e.g. key risk metrics for players in the financial markets, capital management, database management, risk analysis etc.
• Good analytical & problem solving skills
• Excellent interpersonal and communication skills
• Proficiency in Microsoft Office (Power Point, Excel, etc.)
• Reporting skills
• Ability to use available technology resources to drive monitoring and reporting
• Data analytics skills will be an advantage

To qualify for the role you must have:

• A minimum of 5 years working experience across risk management, policies and regulations in the financial services sector
• Demonstrated capacity to translate commercial strategies into risk profiles and risk assessments
• Proven participation in implementing and managing Enterprise Risk Management strategy and governance, risk and compliance activities
• Deep knowledge and experience in risk functions including credit, market, liquidity, capital and country and a broad understanding of the regulatory environment and compliance issues
• Experience in building or implementing risk and compliance controls across a group of difference financial services companies

Attributes for success in this role:

• Ability to build relationships with senior leaders, and external agencies
• Exceptional strategic thinking and analysis capabilities
• Ability to exert sound judgment and discretion; assure confidentiality
• Ability to build strong network with regulatory bodies and government authorities
• Good standing and assertiveness, with excellent teamwork attitude, with proven ability to influence and coordinate team beyond his/her own department
• Ability to handle a fast-paced, changing organization
• Ability to effectively plan, set priorities, and manage several complex projects