Head of Risk
Position: Head of Risk
Job Location: Yangon
Posted Date: 17th November 2023
The Head of Risk is responsible for developing and maintaining a risk management framework for the Bank. He/she will evaluate operational, market and credit risk and assure controls are operating effectively. Risk reporting is required to be made to the Board Risk Committe.
The Head of Risk will also build a risk and compliance culture and support business teams in understanding and owning risk and compliance matters.
Applicants (either local or foreign) must be presently based in Myanmar.
Responsibilities
- Designing and implementing an overall Risk Management Framework for the organisation,
- Performing a risk assessment: Measure and analyze current risks and identifying potential risks
- Establishing the level of risk appetite
- Risk reporting tailored to the Business Heads, Management Team and Board Risk Committee, including losses and incidents, key risk exposures, and early warning indicators
- Creating business continuity plans to limit risks
- Reviewing any new major contracts, new products or internal business proposals to evaluate and mitigate risk
- Building risk awareness amongst staff by providing support and training
- in conjunction with the Head of Compliance, maintain and enhance the Bank’s Governance, Risk & Compliance system
Qualifications
- Bachelor’s Degree in Finance, Business, Mathematics or related field.
- Minimum 7 years’ experience in banking & finance with at least 3 years in risk management.
- Understand regulatory requirements in Myanmar.
- Ability to converse and write in English is essential.
- A strong understanding of bank processes.
- Strong team player with ability to work with colleagues at different levels.
Apply with your CV to [email protected].
Please ensure that you state “Head of Risk” in your email and state your preferred city.
uab bank is an equal opportunity employer.