Job Summary
Company:
Progress Savings and Loans Ghana LTD
Category:
Banking / Finance
Location:
Kumasi and Accra
Categories
Job Vacancy For Risk and Compliance Officer
A highly prestigious financial institution is inviting applications from suitably qualified persons to fill the under-mentioned vacant position in Kumasi and Accra.
Job Title: Risk and Compliance Officer
Job Description
• In collaboration with Operation Manager, General Management and Internal Audit, identify key risk operational areas and related procedures where there is a strong need to perform ex-post independent controls, this will first focus on lending activities and will then expand to deposit and cash management related activities
• Develop a framework for the conduct of ex post-independent controls within the branches and Head Office Operations Department
• Conduct compliance checks (ex post independent controls) in line branches and in head office operations department on all risk areas identified
• Performs (by self or by assignments to Credit Risk analyst analysis and monitoring of credit risk and exposure(analysis of the quality of the loan portfolio and hoc business sector analysis to monitor compliance with limits set by GM and BoD on exposures and concentration, handles prospective studies on market trends in order to anticipate on possible sectors trends and their possible impacts on the organization
• Regular market studies involving clientele interviews and competition review should also be considered in relation with the Marketing Unit. Proposes corrective actions or new initiative that may support the achievement of the objectives in terms of volume and quality of loan portfolio (as well as the deposit collection)
• Supervises the formulation of up-to-date processes, procedures and other operational guidelines related to lending, deposit collection and cash management activities of the company, for existing and new services, taking into account internal and or external, audit recommendations
• To ensure that credit officers provider him/her as well as operations management, with regular information
Qualification Required & Experience
• Minimum of 1st Degree in Economics, Accounting, Banking and Statistics
• At least 3 years of similar experience in a financial institution
• A member of any accountancy professional body will be an added advantage
Location: Kumasi and Accra
How To Apply For The Job
Interested applicants who qualify should send an application letter, CV and copies of certificates to:
jobs@progressghana.com
Closing Date: 09 February, 2018