Job Vacancies at at Guaranty Trust Bank Plc

Reporting Line: Reporting Line: Group Chief Risk and Compliance Officer
Industry: Financial Services

Purpose of the Job

• 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.

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

Skills and Knowledge

• 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

Education and Experience:

• 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:

• 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

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Reporting Line: Group Chief Risk and Compliance Officer
Industry: Financial Services

Purpose of the Job

• The Compliance Officer will provide assistance to the Group Chief Risk and Compliance Officer with the development of compliance policies, procedures, and guidelines for the Group.
• He/she will ensure that the Group complies with regulatory and statutory requirements, and also operates within limits set by regulators.
• He/she will be responsible for maintaining a compliance culture within the Group, and he/she will also be the resource and contact person to all compliance-related issues for the Group.

Key Responsibilities

• Provide support in designing a robust compliance strategy for the Group with over 10 subsidiaries across Africa and across different financial services businesses
• Review and ensure compliance with all relevant statutory laws and regulations applicable to the Group
• Ensure that business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures.
• Proactively review all regulatory permissions to ensure that they remain current and appropriate for business needs
• Evaluate Group activities to assess and monitor compliance risk
• Ensure continual compliance risk assessment of the Group practices together with the development of internal policies and procedures, compliance training and protocols.
• Serve as liaison for all regulatory bodies as well as maintaining relationships with relevant legal bodies
• Keep abreast of regulatory developments and industry initiatives
• Educate and train employees on regulations and industry practices
• Provide reporting with respect to regulatory requirements and developments
• Develop compliance checklists and prepare compliance reports, as and when due
• Ensuring compliance with best practices
• Any other duties as required by the Group Head

Skills and Knowledge

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or Legal (Master’s Degree is an additional advantage)
• Knowledge of legal requirements and controls (e.g. Anti-Money Laundering, or AML)
• Good understanding of Compliance activities in Financial Services
• Local and international certifications in Compliance, such as Certified Regulatory Compliance Manager (CRCM)
• 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 including Anti-money laundering requirements.
• Good analytical & problem-solving skills
• Excellent interpersonal and communication skills

Education and Experience:

• A minimum of 5 years working experience in compliance experience preferably within the financial services environment
• Experience in assisting with the implementation of risk-based compliance policies, procedures, and guidelines
• Familiarity with industry practices and professional standards

Attributes:

• 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