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Risk Management Officer, Office of Risk Management

3:21:00 PM
CARIBBEAN DEVELOPMENT BANK
OPPORTUNITY PROFILE
RISK MANAGEMENT OFFICER
OFFICE OF RISK MANAGEMENT

The Caribbean Development Bank (CDB/the Bank) is seeking to recruit an experienced professional to assume the role of Risk Management Officer (RMO).  The successful candidate will be based at CDB’s headquarters in St. Michael, Barbados.
CDB is a regional multilateral development bank which was established in October 1969 to contribute to the harmonious economic growth and development of the member countries in the Caribbean Region and to promote economic cooperation and integration among them, having special and urgent regard to the needs of the less-developed members of the Region.  CDB began operations in January 1970 and has become a leading catalyst for providing development financing, technical assistance and policy advice to its Borrowing Member Countries (BMCs) for the reduction of poverty.
The Role
Reporting to the Chief Risk Officer, the RMO will be a key member of the Office of Risk Management.  The RMO will be actively involved in the bank’s new risk management initiative, with primary responsibilities in credit, sovereign and sector analysis.  The RMO will have secondary responsibilities for operational risk management, risk reporting, and quantitative analysis and will also be expected to contribute to the delivery of the new enterprise risk framework in accordance with the Bank’s strategic direction.                                                                                                                    
The Candidate
Eligible candidates should have:
  1. A first degree and a post-graduate degree in a numerate discipline.
  2. A sound credit (risk) background is of paramount importance and experience working in a corporate/commercial credit function of a bank is required. Multilateral Development Bank exposure is desirable.
  3. Significant experience in the use of risk quantitative techniques.
  4. A proven ability to conduct research, data analysis and mathematical modelling.
  5. Sound experience in sovereign, sector and project analysis.
  6. Strong experience in the analysis of business metrics and the formulation of Key Risk and Performance Indicators.
  7. Experience in delivering risk measurement and management for diverse stakeholders.
  8. A general understanding of economic capital and risk-based performance measures.
  9. High ethical standards and an uncompromising sense of integrity.
The successful candidate must be willing to live and work in Barbados.
Compensation
An attractive compensation package commensurate with these responsibilities and which responds to market demands is being offered.
Applications
Please submit your résumé with the required information in Microsoft Word (.doc or .docx) or pdf format, in English, to:
LPD Hall & Associates
Telephone: (246) 243-2696
In the subject line, please write:
“Risk Management Officer - CDB”
The deadline for submission of applications is August 20, 2013, at 17:00 hrs EST.
Full details of the job description and general information about the Caribbean Development Bank may be obtained from the Bank’s website athttp://www.caribank.org.

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