Brac Ghana Savings and Loan LTD is seeking to recruit Chief Risk Officer

Purpose

• To advise the board and management team on controlling and measurements of risks

Major Responsibilities

• Advise the Board and Management team on controlling and measurements of risks
• Responsible for development and implementation of the institution-wide risk management framework
• Develop and implement best risk management practices
• Oversee and direct the enterprise-wide management of risk exposures
• Formulate policies and measurement models for the various units involved in carrying out the signicant activities that create exposures in the various activity segments in the institution
• Make recommendations to the Boards and Senior Management on the type and level of exposures in each activity segment permitted by policy
• Advise and recommend to the Boards and management team on all matters relating to risk exposure management
• Regulate, monitor and review control procedures and report on matters relating to exposures
• Manage and report deviations form set limits and exceptions to policy to the Board and management team for their appropriate action
• Perform monthly stress-tests on risk porfolios and at least on a quarterly basis, review and approve the appropriateness of the controls applied at the business levels
• In addition to the monthly stress tests, perform semi-annual reverse stress-testing to examine the impact of selected scenarios from a bottom-up perspective
• Incorporate the results of the stress-tests (which will inform management of the expected risk tendency of the portfolio against the approved risk appetite of the institution) into the risk governance structure of the instution
• Be empowered, where appropriate, to initiate management action to contain the potential risk levels within the approved risk appetite to ensure discipline in the risk management process of the

Qualification Required & Experience

• A Bachelor's Degree with in Finance, Risk Management, Economics, Banking, Business Administration, Accounting or Law

Professional Degree / Certification

• Professional certification in the field is a plus

Location: Accra

How To Apply For The Job

All qualified and interested persons should send their cover letters and CVs along with photocopies of educational certificates to:

career.bgsl@brac.net

Please state the name of the position on the cover letter

Closing Date: 30 January, 2024

Female are encouraged to apply