Risk Management Director
18 hours ago
At OwnBank, we're seeking a highly skilled Chief Risk Officer to lead our risk management function. As a key member of our executive team, you will be responsible for developing and executing the Bank's risk management strategy, ensuring regulatory compliance, and mitigating potential threats to financial stability and reputation.
This role involves identifying and assessing risks, implementing robust controls, and fostering a culture of risk awareness throughout the Bank. You will oversee risk management policies, handle crisis situations, and provide senior leadership with comprehensive risk-related insights.
Key Responsibilities
- Risk Oversight: Be responsible for overseeing the risk management function and support the board of directors in the development of the risk appetite and risk appetite statement of the Bank.
- Policies and Procedures: Propose enhancements to risk management policies, processes, and systems to ensure that the Bank's risk management capabilities are sufficiently robust and effective to fully support strategic objectives and risk-taking activities.
- ERM Framework: Develop and implement the bank's enterprise risk management (ERM) framework and risk appetite statement.
- Risk Identification: Identify, assess, and monitor potential risks including credit, operational, market, liquidity, compliance, and reputational risks.
- Risk Advice: Provide strategic risk advice to the Board of Directors and executive management.
- Risk Culture: Establish and maintain a strong risk culture across all levels of the organization.
- Stress Testing: Oversee stress testing, scenario analysis, and capital planning processes.
- Risk Oversight Collaboration: Collaborate with internal audit, compliance, and legal teams to ensure comprehensive risk oversight.
- Risk Monitoring: Monitor and report on key risk indicators (KRIs) and risk-adjusted performance metrics.
- Emerging Risks: Stay updated on emerging risks, regulatory changes, and industry best practices.
- Risk Team Leadership: Lead and mentor the risk management team, fostering a proactive and analytical risk management approach.
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