Job Vacancy For Chief Risk Officer (CRO) At 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
•   Manage risk exposure, minimize business losses and ensure P&L stability
•   Act as 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

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

Qualification Required & Experience

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

Location: Accra

How To Apply For The Job

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

recruit3n@gmail.com

Closing Date: 28 August, 2013