Chief Risk Officer (SVP-EVP)

Job Description

Title: Chief Risk Officer (SVP-EVP)

Company Name: SHIMANTO BANK PLC

Vacancy: --

Age: At least 50 years

Job Location: Dhaka

Salary: Negotiable

Experience:

• At least 15 years

• At least 15 years

• Age At least 50 years

Education

• Minimum Master’s in any discipline (preferably in in Finance, Banking, Economics, Mathematics, Business Administration) from a reputed university.

• Professional Qualification like CFA, FCA, FCS, FCMA, CIMA, ACCA will be given preference.

• Candidates with 3rd division/class in any academic examination are discouraged from applying.

• Educational requirements may be relaxed for highly experienced candidates.

Experience

• At least 15 years

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

Additional Requirements

• Age at most 50 years

The candidate must have at least 15 years of Banking Experience preferably covering:

I. Core Risk Management

II. Internal Control and Compliance

III. Capital Management

IV. Branch Banking

V. Core Banking System

VI. Risk-Based Certification

• Minimum 3 years hands on working experience in Risk Management Division (RMD) and minimum 5 years in Credit Risk Management (CRM) Division.

• Proven track record in credit management, risk mitigation, Capital management.

• Networking and market intelligence.

• Excellent communication and interpersonal skills.

• Experience with strategic analysis and risk assessment.

• An analytical mind comfortable with numbers.

• Excellent organizational and leadership skills.

• To oversee the development and implementation of the bank`s risk management functions as a primary role.

• To support the Board of Directors/Board`s Risk Management Committee in its development of the bank`s risk appetite and for translating the risk appetite into a risk limits structure. 

• To actively engage with the management in the process of setting risk appetite and limits for the various business lines with a view to achieve bank`s overall strategic planning and monitoring their performance relative to risk-taking and limit adherence.

• To contribute and participate in key decision-making processes (i.e. strategic planning, capital and liquidity planning, new products and services, compensation design and operation).

• To perform periodic monitoring and analyses of portfolio performance and follow-up of exceptions, conditions, covenants, overdue, expired credit & documentation.

• Analyze & Identify credit risk of allocated business segment (Corporate, SME, Retail).

• Portfolio review of Corporate, SME, & Retail business.

• To assist in the development of and manage processes to identify and evaluate business risks and control them.

• To manage the process for developing risk management policies and procedures, risk limits and approval authorities.

• To adopt proper financial protection measures through risk transfer, risk avoidance, and risk retention programs.

• To provide opinion regarding extent of risk in case of credit proposal for big amounts (set by the bank) before submission to EC/Board for sanctioning;

• To monitor portfolio health and ensure good quality asset growth.

• To ensure proper compliance of Bangladesh Bank`s (BB) recommendations regarding risk issues including all core risks.

• To provide a methodology to identify and analyze the financial impact of loss to the Organization, employees, the public, and the environment.

• To implement Environmental and Social (E&S) safeguard for the asset portfolio.

• To oversee the information security aspects for the bank.

• To ensure disclosure of key performance indicators of the bank via Pillar III of Basel III accords.

• To remain aligned and acquainted with other countries` economic and financial positions.

• Ensure adequate internal and external training on risk management issues for increasing efficiency of RMD officials.

• To monitor the overall risk associated with Special Asset Management (SAM) accounts- credit, operational, market and reputational risks.

• To ensure Bank`s policies for identifying, assessing and mitigating legal risks arising from customer disputes, regulatory actions and litigation.

• To ensure risk policies for market risk, liquidity risk, interest rate risk and counterparty risk related to treasury activities.

• Any other responsibilities assigned by the management.

• Negotiable.

• Other benefits are as per Bank`s Human Resources Policy.