Group Risk Officer (Credit)

SUMMARY:
A leading bank is seeking a Chief Risk Officer (CRO) to oversee its risk management framework, with a strong emphasis on credit risk. The ideal candidate will have extensive experience in banking risk management, particularly in credit risk assessment, portfolio management, and regulatory compliance. This role requires a strategic thinker with a deep understanding of risk methodologies, governance, and regulatory frameworks.

POSITION INFO:
Chief Risk Officer (CRO)

Key Responsibilities:

• Risk Strategy & Framework: Develop and implement a comprehensive risk management strategy, ensuring alignment with business objectives and regulatory requirements.
• Credit Risk Oversight: Lead the bank’s credit risk policies, underwriting standards, and portfolio risk management, ensuring sound credit decision-making and risk mitigation.
• Regulatory Compliance: Ensure adherence to local and international banking regulations, including Basel frameworks and IFRS standards.
• Enterprise Risk Management (ERM): Oversee all risk domains, including credit, market, operational, and liquidity risk, integrating them into the bank’s risk appetite framework.
• Risk Analytics & Reporting: Leverage data-driven insights to monitor risk exposure, develop risk mitigation strategies, and provide comprehensive reports to senior management and regulators.
• Stakeholder Management: Engage with regulators, auditors, board committees, and executive leadership on risk-related matters, ensuring proactive risk governance.
• Team Leadership: Build, mentor, and lead a high-performing risk management team, fostering a culture of compliance and risk awareness.

• Bachelor’s Degree in Finance, Risk Management, Economics, or a related field (Master’s preferred).
• Professional certification (e.g., FRM, PRM, CFA, CPA) is an added advantage.
• 10+ years of experience in banking risk management, with at least 5 years specializing in credit risk at a senior level.
• In-depth knowledge of credit risk modeling, stress testing, IFRS 9, and capital adequacy frameworks.
• Strong experience with banking regulations, loan portfolio management, and credit risk mitigation techniques.
• Excellent leadership, analytical, and stakeholder management skills.