Overview

The Risk & Compliance Manager is responsible for supporting risk governance, identification, measurement, mitigation and monitoring of risks on a timely basis.

What You Will Do

1. Oversee and direct the enterprise-wide management of risk exposures;
2. Formulate policies and measurement models for the various units involved in carrying out the significant activities that create exposures in the various activity segments in the Company;
3. Make recommendations to the board of directors and senior management on the type and level of exposures in each activity segment permitted by policy;
4. Advise and recommend to the board of directors and senior management on all matters relating to risk exposure management;
5. Regulate, monitor, review control procedures and report on matters relating to exposures management and report deviations from set limits and exception to policy to the board and senior management for their appropriate actions;
6. Perform monthly stress-tests on risk portfolios and at least on a quarterly basis, review and approve the appropriateness of the stresses applied at the business levels;
7. Incorporate the results of the stress-tests (which will inform management of the expected risk tendency of the portfolio as against the approved risk appetite of the Company) into the risk governance structure of the Company;
8. Initiate management action to contain the potential risk levels within the approved risk appetite to ensure discipline in the risk management process of the Company;
9. In addition to the monthly stress tests, perform semi-annual reverse stress testing to examine the impact of selected scenarios from a bottom-up ‘perspective;
10. Ensure the company’s responsibility towards anti-money laundering/customer relations laws, regulations and ethical standards are met;
11. Report to Management and the Board on all anti-money laundering related activities and risk exposures;
12. Ensure the company reduces the likelihood of violations of the laws and regulations, and internal policies and procedures;
13. Ensure the exposure of the company and its management to claims, including those pertaining to the obligation to exercise caution is reduced;
14. Ensure financial losses to the company caused by any breach of confidence by office-holders is prevented;
15. Ensure all employees and other relevant stakeholders are trained on anti-money laundering related activities;
16. Submit regulatory reports in line with Bank of Ghana/Financial Intelligence Centre guidelines;
17. Perform any other duties that may be assigned from time to time by superior

Required Qualifications, Skills and Competences

• BSc degree in Banking, Finance / Accounting /Statistics / Business Administration. Professional qualification in e.g. ACCA, CIM, CIB.
• Strong Organizational Skills with no less than 7 years of experience in related field
• Demonstrated ability to show results
• Proven administrative, leadership and management ability in a leadership role