Chief Officer Enterprise Risk Management (COERM)

Job Description

Title: Chief Officer Enterprise Risk Management (COERM)

Company Name: NRBC Bank PLC

Vacancy: 1

Age: Na

Job Location: Dhaka

Salary: --

Experience:

• At least 25 years
• The applicants should have experience in the following business area(s): Banks

• Masters

• Post-Graduation/Master’s degree preferably in Business Administration from reputed public or UGC-approved private university.

• Related professional degrees will be considered an added advantage.

• No 3rd Division/Class or equivalent CGPA/GPA in any academic record is acceptable.

• At least 25 years
• The applicants should have experience in the following business area(s): Banks

• Proven track record of strong leadership, management capability, and the ability to guide large, multi-functional risk teams at a senior level.
• Demonstrated capacity to drive innovation, technology-based transformation, and modernization of risk management practices.
• Strong analytical ability with the competence to handle complex enterprise-wide risk issues and make sound, timely decisions.
• In-depth understanding of all core risks in banking—including credit, market, operational, liquidity, and strategic risks—in both centralized and decentralized environments, along with full knowledge of regulatory requirements.
• Practical experience in navigating a dynamic banking environment with strong communication skills, analytical depth, strategic management capability, and understanding of operational risks and their impacts.
• Strong working knowledge of the Bank Company Act, Islamic Banking Guidelines, and all major banking rules, regulations, and compliance frameworks.
• Minimum 25 years of experience in the banking sector, including at least 5 years in a senior leadership role such as Head of Division or equivalent in a Bank or Financial Institution.
• Age Limit: Maximum 55 years as on December 31, 2025

NRBC Bank PLC, one of the most promising fourth-generation private commercial banks in Bangladesh, is committed to delivering topnotch banking support through its nationwide footprint while upholding the values of corporate governance, ethical conduct, and strict regulatory compliance. As the Bank strengthens its Enterprise Risk Management (ERM) framework to align with its long-term strategic vision, NRBC Bank is seeking a highly accomplished, visionary, and analytically strong leader for the position of Chief Officer Enterprise Risk Management (COERM).

The role carries enterprise-wide responsibility not only for ERM but also for overseeing the Bank’s entire credit risk governance, credit portfolio quality, and credit-related risk, independent review of lending decisions, and ensuring that the Bank’s credit growth remains aligned with its risk appetite, capital adequacy, and regulatory expectations. If you possess the depth of judgment, leadership maturity, and strategic foresight to guide the Bank’s risk universe with confidence and clarity — the Bank invites you to step forward.

Position Overview

Rank: Deputy Managing Director (DMD)

Location: Head Office, Dhaka

Financial Benefits: Negotiable/Competitive package based on qualifications and experience

Employment Status: Permanent

Key Responsibilities

• Enterprise-Wide Credit Portfolio Oversight: Provide strategic oversight of the Bank’s entire credit portfolio by reviewing credit concentration levels, sectorial exposures, single borrower limits, portfolio quality trends, and emerging vulnerabilities to ensure alignment with the Bank’s overall risk appetite.
• Oversight of Credit Risk Governance: Supervise and guide the credit risk governance framework, ensuring that credit policies, underwriting standards, risk grading systems, early warning processes, and credit monitoring mechanisms align with regulatory expectations and ERM standards.
• Portfolio Quality & Early Warning Analysis: Monitor asset quality, delinquency trends, rescheduled/restructured exposures, and high-value stressed accounts; ensure timely early warning signals and remediation strategies are implemented under ERM supervision.
• Independent Credit Review & Challenge Function: Lead the independent review of large credit proposals, sensitive exposures, and high-impact credit decisions, providing constructive challenge, alternative risk views, and risk mitigation guidance before final approval.
• ERM Strategy & Framework Development: Design, implement, and continuously enhance the Bank’s Enterprise Risk Management (ERM) framework, including risk policies, methodologies, risk appetite, governance tools, and control mechanisms aligned with regulatory and strategic priorities.
• Integrated Risk Oversight: Ensure the ERM framework is fully integrated with strategic planning, business decisions, capital planning, and objective-setting processes across all business units.
• Risk Identification & Assessment: Oversee systematic identification and assessment of existing and emerging risks using qualitative and quantitative tools, ensuring clarity of ownership, timely escalation, and proactive mitigation.
• Risk Monitoring & Control Effectiveness: Monitor enterprise-wide risk exposures, validate the effectiveness of internal controls, and strengthen risk mitigation mechanisms across credit, market, operational, liquidity, compliance, strategic, and reputational risk areas.
• Regulatory Compliance: Ensure full compliance with Bangladesh Bank’s Core Risk Management Guidelines, Basel requirements, Bank Company Act, and other regulatory frameworks governing risk governance and capital adequacy.
• Risk Reporting & Board Communication: Prepare and present comprehensive risk reports to Senior Management, BRMC, and the Board of Directors, highlighting risk trends, emerging threats, vulnerabilities, and recommended corrective measures.
• Risk Culture & Awareness: Champion and embed a strong risk-aware culture across the Bank through structured awareness sessions, governance alignment, accountability measures, and targeted training.
• Strategic Risk Advisory: Advise Senior Management and the Board on risk exposures, risk-return trade-offs, strategic implications, and potential impact on profitability, liquidity, capital adequacy, and long-term sustainability.
• Due Diligence & Independent Review: Conduct independent due diligence and risk reviews for large credit exposures, restructurings, new business proposals, product launches, fintech partnerships, and major commercial decisions.
• Business Continuity & Crisis Management: Oversee development and testing of the Bank’s Business Continuity Plan (BCP), disaster recovery arrangements, and crisis management protocols to ensure operational resilience.
• Portfolio-Level ERM Analytics: Lead stress testing, reverse stress-testing, scenario analysis, ICAAP-related assessments, capital-impact studies, and risk simulations to support prudent risk-based decision-making.
• Financial Impact Management: Assess risk-related financial implications on capital planning, provisioning, regulatory reserves, earnings volatility, and overall financial sustainability.
• Fraud Risk Management: Identify fraud-prone areas, ensure preventive controls, monitor red flags, strengthen detection mechanisms, and oversee investigation support from a risk standpoint.
• Data Governance & Risk Analytics: Strengthen data governance practices ensuring data quality, confidentiality, and integrity; enhance analytical capabilities for MIS, dashboards, and risk modeling.
• Climate & Environmental Risk Management: Integrate environmental, social, and climate risk assessments into the ERM framework in alignment with Bangladesh Bank’s Sustainable Finance guidelines.
• Liquidity & Market Risk Oversight: Monitor interest rate risk, liquidity coverage, foreign exchange exposures, and macroeconomic trends to ensure alignment with risk appetite and capital adequacy.
• Product & Policy Risk Review: Assess risk implications of new or revised policies, new product programs, business expansions, pricing changes, and delivery channels prior to approval.
• Branch Risk Supervision & On-Site Review: Conduct risk-based branch visits to assess operational controls, documentation quality, compliance gaps, and risk mitigation practices at field level.
• Regulatory Engagement & Supervisory Coordination: Act as the focal point for ERM-related regulatory communications, ensuring timely submission of all risk-related reports and compliance with supervisory expectations.

Financial Benefits: Negotiable/Competitive package based on qualifications & experience