Head Internal Control & Risk Management at Good Neighbours Microfinance Bank

Job description

• Review customers’ account opening documents for compliance with Know Your Customer (“KYC”) policy and anti-money laundering requirements.
• Planning, designing, Implementing & managing the overall risk management process for the bank by developing the risk management framework, policies, processes, procedures and reporting standards that define the bank’s risk strategy and appetite in line with its overall business objectives.
• Conduct periodic stress tests and scenario analysis, assessing the impact to the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action.
• Ensure compliance on report rendition to regulatory bodies.
• Review and analyze the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure.
• Conduct cash-counts of vaults.
• Monitor the business development for emerging risks; recommend policies and procedures to improve the risk management process.
• Ensures proper documentation of credits by adhering to set documentation standards and procedures.
• Attend and participate in management and Board Audit Committee meetings as required.
• Prepare timely, comprehensive and reliable credit risk reports to senior management and board on a regular basis.
• Ensure compliance with the bank’s policies and conduct daily, weekly and monthly General Ledger (GL) review for reconciliation.
• Engage in loan recovery and reconcile customers’ loan accounts for closure.
• Conduct investigations and report as required by the Board Audit Committee.
• Respond to audit enquiries / concerns raised by statutory and regulatory authorities as directed.
• Customers’ visitation for random deposit and loan verification.
• Provide support and training to staff in order to create and increase risk awareness.
• Carry out any other task as required from time to time.

Job Requirement/Skills

• BSC in Accounting, Finance, Economics or a related discipline.
• Professional qualification in Accountancy or Audit would be an added advantage.
• Postgraduate degree is an added advantage.
• Minimum of 5 years’ experience in a reputable financial institution with at least 3 years at managerial position.
• Microfinance Certification program (MCP)
• Strong knowledge of risk management/control best practice, including information security.
• Risk asset portfolio management, including reporting and monitoring.
• Recovery strategies and management.
• Strong analytical, negotiation and problem-solving skills.
• Good team player with excellent leadership traits.
• Excellent presentation and communication skills.