Risk Manager

Risk Manager

The GraceKennedy Financial Group seeks to identify an individual looking for an excellent opportunity to progress his/her career; and who possesses the vision and energy to help drive dynamic changes across the group, in the following capacity:-​

RISK MANAGER

Key Responsibilities

• Manages and leads a team of risk management professionals with responsibility for providing oversight and leadership in the changing regulatory environment and implementation of risk management activities in accordance with enterprise standards.
• Coordinates, manage and ensures the on-going monitoring of the GraceKennedy Financial Group (GKFG) to realize conformity with rules and regulations governing established relationships between parent, subsidiaries and other related companies and assessing risk and management thereof on a consolidated basis in keeping with the requirements of the Banking Services Act. 
• Implement and maintain a framework for Enterprise Risk Management in GKFG.
• Ensure the update of risk management policies, procedures, and processes for the financial conglomerate, aligned with the requirements of a Financial Holding Company.
• Attends regular ALCO, Risk & Capital Management Committee and Audit Committee Meetings
• Provides risk management oversight on projects throughout GKFG.
• Participates in new product design to ensure consistency with risk appetite and established policies and regulations.
• Facilitate a risk assessment process, where risks are identified, assessed and prioritized. 
• Facilitate on-going updates on the status of risks leveraging the Enterprise Risk Committee.
• Liaise with designated personnel to create and maintain compliance procedures and the appropriate governance structure that will allow the maintenance of records of compliance activities, including any complaints or investigations. 
• Participate in designing and implementing policies and procedures to ensure support of GraceKennedy’s risk management and compliance philosophy.
• Analyze ERM and compliance practices/processes for improvements.
• Keep abreast of the latest technology developments in the industry so that the required information and expertise is always available to the Company.
• Report periodically to the GKFG Risk and Capital Management Committee and the GraceKennedy Financial Group Board on risk and compliance matters in the Financial Group
• Supports the assessment of fraud and related risks, where potential fraud scenarios are identified, assessed and prioritized.
• Co-ordinate, maintain, track and report on the list of top risks and compliance issues across GKFG
• Monitor financial and technological innovations and assess their likely impact on the financial group as well as monitor developments in financial conglomerate supervision practices used by regulators.
• Monitor economic, finance, capital markets and business developments and developments in government policies as they affect both the economy as well as the operations of the financial sector, in particular, supervised entities with a view to formulating/recommending on supervisory policy response.
• Oversee and undertake research to inform recommendations to address weaknesses in, and enhancements to the regulatory and legislative frameworks for the financial group, as well as formulating policies to effect the implementation of relevant frameworks.
   

Minimum Required Qualification, Experience, Knowledge and Skills:

• Postgraduate degree in Enterprise Risk Management, Finance, Actuarial Science, Business Administration, Management, or Accounting.
• Completion of CFA/FRM or ACCA or any other related professional designation
• Minimum 4-5 years related working experience
• Training in Audit, Risk, Compliance, Data Analytics (R, Python etc.) Report Writing, Project Management
• Executive training in Enterprise Risk Management (ERM)
• Ability to implement new concepts
• Excellent facilitation and presentation skills
• Capable of operating at all levels in the organization
• Ability to develop policy and procedure documentation
• Ability to interpret, analyse and apply guidelines and procedures
• Excellent critical thinking and communication skills
• Excellent interpersonal skills, analytical, problem solving and negotiation skills
• High degree of honesty and integrity
• Proficiency in Microsoft Office Suite (MS Word, Excel, PowerPoint and Visio)