Job title : Head Enterprise risk management – Measurement – ESRM & sustainability
Department : Risk Management
Reporting Line : Chief Risk Officer
Location : Douala
Job purpose : Oversee and manage the bank’s enterprise-wide risk management framework. The role involves identifying, assessing, and mitigating risks to ensure the bank operates within its risk appetite while complying with regulatory requirements.
Key Accountabilities:
Develop and implement the bank’s enterprise risk management strategy and framew
Ensure alignment of risk management activities with the overall business strategy
Identify and evaluate potential risks to the group’s operations, finances, and reputation
Conduct comprehensive risk assessments and develop risk profiles for various business activities
Formulate and implement risk mitigation plans and control measures.
Monitor and report on the effectiveness of risk mitigation strategies
Develop and update risk management policies and procedures in compliance with regulatory requirements.
Establish a robust risk monitoring system to track key risk indicators.
Prepare and present regular risk reports to the executive management and relevant committees
Foster a culture of risk awareness and accountability within the organization
Engage with regulatory bodies, external auditors, and other stakeholders on risk-related issues.
Collaborate with business units and departments to understand their risk profiles and ensure effective communication on risk matters.
Develop and implement response plans for potential risk events and crises
Coordinate with relevant teams to manage and mitigate the impact of risk incidents
Formulates risk management policies
Responsible for establishing methodologies for risk measurement across the Bank
Directs group-wide engagement with regulators on internal capital and liquidity adequacy assessments
Supervises the articulation and reporting of the group-wide recovery and resolutions plan
Supervises the performance of stress testing and scenario planning
Make representations to the board on risk measurement issues
Supervises the model risk management process
Manage the Expected Credit Loss (ECL) FLI estimation process and provides training and technical support to SBUs
Oversee the internal capital charge for Operational risk, market risk credit risk, and other pillar 2 risks
Manage the enterprise-wide risk dashboards for monitoring and reporting on limits
Responsible for drafting, monitoring, and updating the risk appetite and tolerance limits
Develop and implement the sovereign risk rating strategy and frameworks
Develop and implement the Bank’s model risk management frameworks
Coordinates the conduct of environmental and social risk screening and assessment of credits
Supervises the conduct of due diligence and drafts action plans for the management of E&S issues
Ensures on-going compliance with the applicable E&S requirement and action plans on daily basis
Collaborates with credit support team to prescribe management system for high E&S risk credits/obligors
Responds to all regulatory requests relating to ESRM across the Bank
Serve as liaison office for all Development finance partners on E&S related enquiries
Drives the Group’s partnerships in all E&S-related issues – In line with the IFC,EPs, GRI & NSBP stipulations
Reports and engages with Central Bank/Regulators BN on E&S-related activities
Coordinates regular training on ESRM across the Bank
Formulates, implements, evaluates, and monitors the sustainability strategy of the Group in conjunction with relevant stakeholders (internal & external)
Drafts and publishes the Group’s annual ESG Reports
Conducts green tagging assessment/audit and maintains a database of stranded/potentially stranded assets
Manages the preparation of the group’s climate change policies
Oversees the identification, measurement, evaluation, monitoring, control, and reporting of sustainability-related risks and opportunities
Support and contribute to the calculation of the group’s scope 1,2&3 carbon footprints
Lead and manage a team of sustainability professionals, providing guidance and support
KEY PERFORMANCE INDICATORS
Timely rendition of all regulatory reports
Timeliness of conducting comprehensive risk assessments
Effectiveness of risk mitigation plans
Adherence to regulatory requirements and internal policies
Frequency and accuracy of risk monitoring reports
Effectiveness of communication channels for risk reporting
Training and development initiatives for the team
Effective collaboration with business units and departments
Effectiveness of crisis management plans
Integration of risk considerations in strategic decision-making
Timely response to deviations from established risk thresholds
Number of regulatory compliance issues resolved
Efficiency gains in risk management processes
Shareholder confidence in the bank’s risk management practices
Minimum Education Qualifications
Minimum of a good bachelor’s degree in a relevant subject, such as natural or social sciences, with relevant second degree and professional certificates as advantage
Work Experience
Minimum of 8 years requisite experience in banking covering enterprise risk management, ESG Financial reporting standards
Key Competencies:
Knowledge
In-depth knowledge of enterprise risk management principles, regulatory requirements, and best practices.
Computer literate
Understand banking operations
Knowledge of Financial Analysis.
Risk modeling techniques
Skills/Competencies/Aptitudes
Ability to think strategically and demonstrate initiative
Good analytical skills
Good interpersonal, listening, and communication skills
Excellent leadership and team management abilities Organization & coordination
Prudent budget management
APPLICATION SUBMISSION :
Candidates should send their resume and motivation letter to hcmrecruitcameroon@ubagroup.com, with the heading “Head Enterprise risk management/ Measurement/ESRM & sustainability” later September 29, 2024
Only shortlisted candidates will be contacted to proceed to the interview stage.
If you do not receive any response 01 month after this publication, kindly consider your application as non-accepted for this time
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