TIRET Corporate Investment and Risk Management Coordinator Jobs in Ethiopia

TIRET Corporate Investment and Risk Management Coordinator Jobs in Ethiopia

Job Id: 224666

Category: Accounting and Finance, Development and Project Management, Economics

Location: Addis Ababa

Career Level: Senior Level (5+ years experience)

Salary: As per the company scale

Job Description

Internal/External Vacancy Announcement /Re-Advertisement/

Ref. T/HR/412 /19

About TIRET

Its head office located in Bahir Dar, TIRET Corporate was established as public owned endowment organization in 1995 G.C. As an investment institution it is contributing to the sustainable economic development and prosperity of Amhara region in particular and the country in general, through establishing profitable and competitive companies and using part of the profits for stimulating social development.

Given the continued growth and future expansion of TIRET, the following opportunities exist.

Job Summary

The Investment and Risk Management Coordinator is accountable to Planning, Investment and Project Management Director and is responsible to lead the investigation, analysis and assessment of risk, and the design and implementation of strategies and processes which mitigate threats to the successful delivery of the organization’s investment and business plans, and desired outcomes.

Key Duties and Responsibilities

Planning, implementing and leading the investment and risk management activities;

Facilitating additional investments by controlling the corporate financial transactions and identifying the remaining balances resulted from the cash inflow and outflow transactions of the investment ;

Recommending additional investment alternative solutions for an idle cashes which have been collected but not used for investments;

Performing activities related with investments; such as investing un used and idle cash in the best investment programs based on the investment policy of the corporate;

Searching for alternative sources of funds /financing for investment activities; this includes when and how the fund is needed and obtained;

Establishing good relationships with the banks and other financial institutions.

Consulting the corporate during the acquisition (purchase), merge or liquidation;

Following up investment profits and the profit decisions either to be used for additional investments or to be divided based on dividend policy (Share management) ;

Develop and implement the Corporate risk management plan and strategy, communicate expectations and obligations, monitor and report on performance to improve the Corporate risk profile

Identify and detect potential threats to brand reputation, financial sustainability, operational efficiency, workforce investments and safety to fully develop a shared understanding for the Corporate’s risk exposure;

Conduct or oversee the conduct of regular risk assessments and preparation of all documentation related to risk assessment, and reviews of standard operating procedures ensuring that recommended improvements are fully implemented

Deliver regular risk analysis reports to the Senior Executives Management, complete with actionable plans for avoidance or prevention of possible threats at

all levels;

Lead implementation of programs designed to anticipate and to minimize threats to the Corporate;

Develop and implement insurance strategies and financing techniques to appropriately deal with any unanticipated losses ;

Driving a greater understanding and appreciation of risk, and the implications of failure to respond appropriately to threats as they emerge, in a context where disciplines around risk management are still evolving to an appropriate level of sophistication.

Creating a consistent and high level of risk mitigating practice across all areas of the organization as a key mainstream management obligation and performance expectation.

Establish professional networks and relationships across other jurisdictions to maintain currency of issues, share ideas and learnings, and collaborate on common responses to emerging and/or developing issues.

Provide expert advice, counsel and recommendations on risk identification, assessment, and management and mitigation matters to influence organizational decisions and initiatives.

Align the Corporate risk management strategies and practices with respective Audit and Treasury directions and requirements.

Negotiate and approve contracts or service level agreements with external providers (e.g. risk management consultants, insurance brokers, etc.) to ensure optimized return on investment for the Corporate;

Performing other duties and responsibilities given by the immediate boss (supervisor).

Employer

TIRET Corporate

Division

Investment and Project Management Directorate

Job Requirements

Key Duties and Responsibilities

Qualifications Required

Education

BA/BSC/MA/MSC/PhD in Accounting and Finance, Project management, Financial management, Investment, Risk Management, business management, Economics, Business Administration

Experience

11 years of relevant work experience for BA/BSC degree, 9 years for MA/MSC and 7 years for PHD degree;

Other Personal Attributes

Having good managerial experience in Finance and investment, Project management, Financial management, Risk Management Analysis, team work sprit, good ethical behaviour, good customer handling and serving approach skill, willingness to accept changes and implement it; no prior disciplinary records, recommended or accepted for the position; accepting the given responsibility and being committed for overcoming; good previous performance history and working discipline;

How to Apply

Interested applicants who meet the MINIMUM requirements may submit non-returnable copy of their cover letter, CV, Educational Certificate, Job Experience and other relevant credentials in person or via e-mail within 7/seven/ consecutive working days from the date of announcement. Only shortlisted applicants will be contacted.

Please mention the title of the position you applied for on the subject line of your email and application letter.

Qualified Female Applicants Are Highly Encouraged.

TIRET Corporate Human Resource Directorate

Phone +251-58-226-35-43

E-mail Address tirethr@gmail.com

Address: TIRET Corporate Human Resource Management Directorate, Alma Building- Kebele 05, In front of Summer Land Hotel Office Number 207, Bahir Dar, ANRS, Ethiopia

TIRET Corporate Investment and Risk Management Coordinator Jobs in Ethiopia