People Power Head of Risk ( Banking )

Position Description:

• To identify, measure, monitor and control all categories of risk and to determine appropriate risk tolerance levels as per established policy.  The purpose is to set in place an efficient, early warning system with regard to risk identification, measurement and control.

• To ensure institutional adherence to internal and external risk parameters.

• To interact closely on a real time basis with the risk taking units of the Bank and subsidiaries/ associates in the region.
• To oversee aspects relating to management of credit risk including critical examination of all credit proposals and highlight risks before approvals are granted.

• To oversee the functioning of the Legal Department and ensure it is managed in an efficient and effective manner

• To develop a model and carry out stress testing of various risks pertaining to bank like liquidity risk, interest risk ,credit risk and others.

• Have an overall supervision and ensure that the regulatory returns to BOT are all submitted with in the set time limit.

            Key Responsibilities

• Develop, adapt and maintain risk management policy (Annually)

• Monitor and report on a monthly basis the portfolio exposure and risk concentrations.

• Provide an independent analysis of Risks.

• Develop & maintain risk reporting systems

• Develop Risk quantification methods

• Assist Top Management and Board in understanding the risk, its measurement, and control methodology

• Reviewing all policies, strategies, plans & procedure manuals from the Risk perspective (As and when)

• Creating awareness on Risk Management across the Bank at all levels (Ongoing)

• Prepare reports for the Board on the Bank’s risk profile and changes therein (Quarterly)

• Identify and adopt global best practices

• Review of all policy documents and manuals and ensuring that these are updated and reviewed at least, annually.

• Actively participate in Assets and Liabilities Committee (ALCO) of the Bank and provide critical inputs.
• Ensuring in depth appraisal of credit proposals, post sanction monitoring of advances portfolio, monitoring of non-performing advances and legal department, policies and procedures, risk assessment etc.

Special Assignments:

• Coordinate and spearhead the BCP and Disaster Recovery Programme & Plan (Ongoing)

Application Instructions:
Interested applicants should email their cv to info@peoplepower.co.tz
Area: Dar Es Salaam
Application Deadline: Oct 30, 2012