Job Vacancy For Chief Risk Officer (CRO) IFS Financial Services Ltd



Purpose of the role:
As the Enterprise Risk Management (ERM) champion, the CRO will facilitate the execution of ERM  processes and infrastructure as a key enabler to achieving the business objectives of the company.

More specifically the CRO Will:

•  Assist Senior Management to establish and communicate the company's ERM objectives
•  Assist management with integrating risk management with the strategy development process
•  Assist the CEO and Executive Committee to develop and communicate risk management policies, risk appetite and risk limits
•  To manage risk exposure, minimize business losses and ensure P&L stability
•  To act the Senior Credit Officer responsible for all Credit and Risk processes and operations within the confines to the agreed policies
•  Managing the credit team, ensuring timely and robust assessment/approval of credit proposals within limits to be agreed from time to time
•  Establish, communicate and facilitate the use of appropriate ERM methodologies, tools and techniques
•  Work with business units in the IFS Finance Group to establish, maintain and continuously improve risk management capabilities
•  Facilitate enterprise-wide risks assessments and monitor priority risks across the group
•  Implement appropriate risk reporting to the CEO, Executive Committee and the Board
•  Conduct risk management eduction and training from time to time
•  Assist the CEO and the executive committee with capital resource allocation decisions
•  Ensure effective alignment between the ERM process and internal risk financing
•  Develop project risk management capabilities within the group

Remuneration: Attractive

Qualification Required & Experience

Key Competencies:
The successful candidate should have at least 10 years of business experience, (including at least 5 years of Credit Risk Management at Senior Managerial Level)

•  A sound understanding of ERM principles and philosophy
•  Ability to think strategically
•  Excellent communication/presentation/negotiation skills (both verbal and written); Clear communication, advising management/staff
•  Ability to deal with all levels of management across business units and departments
•  Robust understanding of acquiring risk and proven experience in a credit and collections unit
•  Excellent analytical skills both quantitative and qualitative related to each risk function
•  Accomplished at reading, interpreting and summarizing financial statements
•  Capable of making sound judgments based on the weight of available data
•  Strong leader with proven management skills

Education/Professional Background:

The preferred candidate will have at least a good first degree. Additional professional qualification in Banking, Finance or related fields will be an advantage

How To Apply For The Job

Interested qualified candidates should submit their CV, Resume with a cover letter to:-

recruit3n@gmail.com

Closing Date: 31st July, 2012