10. Assistant Manager Risk Management
Direct Reports to:- Manager Risk /Credit Management
Job Purpose:-
a) This is a position responsible for the overall Risk Management Function and successful
attainment of a healthy loan portfolio through risk mitigation.
b) To promote and sustain a culture of risk management discipline within the institution and
ensure that there are effective internal controls, policies and procedures, systems and a risk
management framework that supports business sustainability and continuity as well as
ensuring compliance;
c) To anticipate and proactively ensure management of all potential risks, including credit,
operations, information security, regulatory compliance and reputation risks and to initiate
actions to pre-empt systemic risks.
Duties and Responsibilities
a) To prepare and appraise project proposals for new loans investment in line with the risk
management tools and checklist reports and recommend for approval;
b) Ensure that Risk Management Framework is adopted and effectively applied across all
departments of the institution;
c) Implement the Credit Risk Management Policy and ensure that the risk management
governance structures are fully functional;
d) Ensure that every project proposal approved is technically feasible and economically viable;
e) Manage risk on a day to day basis which includes monitoring and reporting. This should
include measures and procedures for:- understanding key processes, risk identification,
risk analysis and assessment responding to risks identified and assessed adequate
information and communication and monitoring of risk management activities;
f) Review daily credit monitoring and management reports and identify non-performing
loans with anomalies and proactively follow-up to ensure corrective action taken in line
with credit policy;
g) Monitor all irregularities, past dues, documentation deficiencies and report to their
supervisor for corrective action to be taken;
h) Advise on risk issues and prepare reports that will assist in decision making;
i) Facilitate networking with other institutions on credit reference;
j) Spearhead categorization of risks that affect credit and other investments;
k) Initiate special task force on debt recovery upon approval by the management;
l) Participate in the release of securities.
Requirements for Appointment
(i) Bachelor’s Degree Finance, Banking, Accounting or Business related field from a recognized institution;
(ii) Professional qualifications in Credit Management with a minimum of 3-5 years of
relevant experience in Credit Risk function at senior level;
(iii) Relevant Master’s Degree is an added advantage;
(iv) Proficiency in computer applications;
(v) Shown merit and ability as reflected in work performance and results;
(vi) An understanding of lending products preferable from a Financial Institution;
(vii) An understanding of an enterprise wide Risk Management Framework;
11. Risk Management Officer
Direct Reports to:- Manager Risk /Credit Management
Job Purpose:-
a) This is a position responsible for the overall Risk Management Function and successful
attainment of a healthy loan portfolio through risk mitigation.
b) To promote and sustain a culture of risk management discipline within the institution and
ensure that there are effective internal controls, policies and procedures, systems and a risk
management framework that supports business sustainability and continuity as well as
ensuring compliance;
c) To anticipate and proactively ensure management of all potential risks, including credit,
operations, information security, regulatory compliance and reputation risks and to initiate
actions to pre-empt systemic risks;
Duties and Responsibilities
a) Manage appraisal of all new investments and recommend for approval through various
committees;
b) Co-ordinate efficient and effective management of identification of significant risks to KIE;
c) Administer identification of low risk opportunities to the company;
d) Network with other institutions on credit reference of all our loan applications;
e) Participate in categorization of risks into strategic, reputational, operational, financial,
transaction, policy implementation risks or compliance-related risks;
f) Work with other officers to ensure compliance with investment terms and conditions, and
direct fraud investigations whenever identified;
g) Ensure that any credit provided to customers is proportional to their ability to pay;
h) Work with other offices to carry
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