The Ghana Infrastructure Investment Fund has been established pursuant to the Ghana Infrastructure Investment Fund (GIIF) Act, Act 877 of 2014. GIIF's mandate is to provide financial resources to manage, coordinate and invest in a diversified portfolio of infrastructure projects in Ghana for national development.

The GIIF is governed by a nine-member Board, appointed as per Section 8 of Act 877

Job Purpose:

•   The Risk and Compliance Manager will be part of a multidisciplinary team of professionals under the general supervision of the Chief Risk Officer (CRO)
•   Develop and implement a detailed strategic risk management framework, both operational and those relating to the individual transactions of the Fund.
•   Develop the processes and recommend the risk appetite statements and limits, and ensuring that the operations and investments of the Fund remain within these limits.
•   Oversee the establishment of frameworks, policies, standards and guidelines for risk management.
•   Ensure GIIF's compliance with legal and regulatory requirements.
•   Manage enterprise-wide, compliance, and operational risk, among others.
•   Support the continued embedding and maintenance of a risk culture within the Fund.

Position Role and Responsibilities:

•   Plan,develop and implement an appropriate risk management framework, tools, policies and procedures for the management" of financial, market and operational risks across a wide range of activities in the Fund to ensure that all existing and emerging risks are appropriately identified, monitored and managed, and that any breaches are appropriately identified, recorded and addressed.
•   Advise management of the Fund in setting an operational risk appetite through the provision of regular reports; assessments and monitoring of corrective actions to ensure compliance with approved risk management strategies.
•   Identify, manage, strengthen and alert management of all key inherent risks and assist in designing effective control activities to mitigate such risks.
•   Update and maintain all financial, market and operational risk management systems, models, procedures and tools.
•   Assist in ensuring compliance with regulatory and statutory provisions regarding risk management, prompt reporting of risk positions and provision of advice on possible resolutions of critical issues.
•   Support the creation and communication of risk management policies, procedures and guidelines.
•   Assist in providing tools, techniques, training and professional guidance to assist-the Fund to identify, analyse and respond to risks and compliance issues.
•   Review and manage key risks and provide assurance on risk management processes
•   Reports regularly on all risk issues, including compliance with relevant regulatory, legal and internal requirements.
•   Support the championing of risk management as an organisational policy.
•   Evaluate the effectiveness of financial,market and operational risk management to ascertain that legal obligations are appropriately met.
•   Proactively carry out qualitative and quantitative risk sensitivity analysis of the Fund.
•   Perform scenario analysis and stress testing for risk exposures on the investment portfolio of the Fund.'     '
•   Conduct market and operational risk investigations 'and systems implementation reviews to ensure that the Fund remains compliant with regulatory and industry guidelines.
•   Any other duties that may be assigned from time to time by the Chief Risk Officer

Qualification Required & Experience

•   An advanced degree, Master's or equivalent, in finance, mathematics, business administration or other relevant area from an accredited institution.
•   A relevant professional' qualification would also be desirable.

Required Skills or Experience

•   The successful candidate will have at least 8 years of risk management and regulatory knowledge and experience as a risk and compliance manager or regulator in key risks facing financial services companies including currency, credit, interest rate, liquidity, compliance, legal and operational risks.
•   Knowledge of current trends and developments, and experience in theories of risk matters and infrastructure development and finance in Ghana and Africa.
•   Expertise in the assessment and management of key financial risks, including credit and market risks of complex products and lending transactions.
•   Understanding of and experience in business best practices in the, quantification of various types of risks, including the ability to manage portfolio of projects and credit exposure in an efficient manner.
•   An excellent knowledge of risk standards, principles and procedures.
•   Awareness of the statutory legislation, compliance standards and risk management.
•   Transactional experience, including assessment of financial and legal structures for both project financing, tendering processes, construction, lending and investment products

Skills and Abilities and Personality Traits:

•   Capacity for research and collating information.
•   Outstanding team player, capable of building effective relationships across functional units with an engaging personality.
•   Good interpersonal skills, ability to interact effectively with people at different levels within the Fund.
•   Ability to analyse and evaluate data for completeness, acceptability and accuracy.
•   Results-oriented and excellent communication skills.
•   Excellent computer skills, particularly in MS word, excel, access and PowerPoint and proficiency in the utilisation of risk- management tools and software.
•   Commitment to GIIF's vision, mission, strategy and values.
•   Ability to work with the highest integrity, confidentiality and strong work ethics.
•   An appreciation and a good understanding of macro-economics and external factors affecting the Fund's adopted.strategies,
•   Analytical mind with strong orientation to risk analysis and modeling.
•   Knowledge and proficiency in risk management tools.
•   Ability to work under pressure to meet tight and anticipated deadlines.
•   Good understanding of  Infrastructure Investment Fund Management.
•   Ability to work cooperatively  and collaboratively with all levels of employees, management, and external agencies to maximise performance, creativity, problem solving, and achieve the targeted objectives of the Fund.

Location: Accra

How to Apply For the Job

Interested and suitable applicants are to address their applications with detailed Curriculum Vitae to the Acting Chief Executive Officer, GIIF, and forward to:

info@giif.gov.gh

Closing Date: 29 January, 2016

Kindly note that only shortlisted applicants would be contacted. If you do not hear from us two (2) weeks after the deadline, please consider your application unsuccessful