تاريخ النشر:2014-8-11
اخر موعد:2014-9-10
موقع العمل:صنعاء
اخر موعد:2014-9-10
موقع العمل:صنعاء
جهة العمل:بنك الامل للتمويل الاصغر
Background:
Al-Amal Microfinance Bank (AMB) is the first Microfinance bank in Yemen and MENA region. started its operations in January, 2009. It is a non-profit organization, seeking to offer sustainable financial services to limited and low income households in Yemen, particularly owners of micro and small enterprises through the provision of inclusive financial services (credit, savings, insurance, remittances, money exchange an cash disbursements).
Al-Amal Microfinance Bank seeks qualified candidates for :
Title of Position : Risk Manager
REPORTS TO: CEO.
JOB SUMMARY
• The Risk Manager holds Management responsibility for the Institution’s risk management program. This includes but is not limited to assisting Management Risk Committee and the Board in the identification, assessment, management and control of risks within the institution’s business. The Risk Manager independently monitors all risks across the whole Institution, recommends mitigation strategies for risks that are inherent and necessary to the business and risk reduction strategies for risks beyond the risk appetite of the Institution. The Risk Manager further prepares Risk Management reports for management and the Board.
JOB PURPOSE:
1. To develop and implement an integrated and sound risk management process, policies, and procedures and any new products and activities for the entire bank from an Enterprise Risk Management (ERM) perspective
2. To ensure that the bank’s Enterprise Risk exposure is minimised, monitored, and managed at a manageable level at all times.
KEY RESPONSIBILITIES:
The Risk Manager shall be responsible for:
• Planning, designing and implementing an overall risk management program for the Institution;
• Assessing risk, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the company;
• Reporting risk in an appropriate way for different audiences, for example to the Board and Executive Committee so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks;
• Providing support, education and training to staff to build risk awareness within the company.
• Performing trend analysis on the monthly recoveries of each Collections Officer and in case of downfall trend in the performance, assistance of internal audit will be taken for getting the complete details regarding the highlighted aspect.
• Considering the pattern of repayments given by clients, assess the level of provision maintained in the finance records and in case of any change from the opening assessment of doubtful portfolio, revise the required provision calculation on monthly basis and report to higher management .
Enterprise Risk Management Functions, Strategy, Policy and Procedure Guidelines
• Manages the risk management function including the institution’s Risk Matrix, credit, liquidity, operational and market risk management processes to ensure the design implementation and application of sound internal control practices.
• Ensures the establishment, documenting and periodic updating of risk management policies, processes, and lending criteria.
• Reviews, recommends, and implements change to risk policies, operations and procedures.
• Retains accountability for managing risk in both group and individual lending processes throughout the bank, identifies areas of potential loss or liability and initiates action to minimise exposure to risk and tracking of same via Risk Dashboard.
• Ensures all credit activities are in compliance with sound business practices, legislation, regulations, by-laws, policies and procedures.
• Conducts regular reviews of lending limits, audit controls, lending caps and other risk management areas to ensure compliance; reviews commercial and retail files on a random basis.
• Ensures that loans adhere to existing policy guidelines that documentation is adequate to ensure security of collateral, and that ongoing administration and review is adequate to maintain the loan portfolio’s quality and profitability.
• Reviews and assesses the risks associated with new products and activities of the bank prior to implementation.
• Establishes and implements effective delinquency measurement and loan loss monitoring policies and procedures including a standard monitoring tool for payments in arrears and portfolio at risk.
• Develops standard credit and risk management policy training tool kit and ensures all lending operations, loan processing and credit management staff undergo a credit risk management training.
• Develops and implements operational systems, policies and procedures which are compliant with the local regulations.
MINIMUM QUALIFICATION AND EXPERIENCE
Qualification and Requirements
• Bachelor's degree or higher qualifications is desirable
• Minimum 5 Years overall relevant working experience
• A minimum 2 (Two) of which should have been senior credit management position
Credit Operations Management Experience
• Advanced operations management experience gained from a similar or a related banking or financial institution
• Practical advanced management experience in managing and supervising credit and risk management operations
• Practical advanced experience in setting and implementation of operations, credit and risk management policies, practices, procedures and guidelines
• Knowledge and experience in lending, credit and risk management including pre-loan eligibility requirements, client screening, collateral, product design, loan approval processes, repayment terms and incentives, delinquency and default management
Banking Compliance Regulations and Legal Legislation
• Advanced knowledge of the micro finance and banking industry including micro and macro environmental factors and trends, micro finance products and poverty eradication strategies
• Advanced knowledge of related statutory banking compliance regulations, banking laws, business law, local employment and labour laws, internal operational policies and procedures, and transformation, lending, and banking products and services
• Understands the trends and scope of operational and credit risks in the micro finance and banking industry, and its impact upon the MFBI ’s commercial activities .
OTHER QUALITIES AND REQUIREMENTS
Reporting and Communication Skills
• Exceptional oral and written communication skills with the ability to communicate clearly and persuasively, interpret documents, understand procedures, write reports and correspondence; speak clearly to third parties and employees
• Ability to consolidate and prepare credit and risk statutory and Board reports
• Ability to meet reporting expectations of the CEO .
• Ability to maintain high standards of accuracy in the information and advice provided to Head of Operations and Management
Interpersonal and People Management Skills
• Strong team building skill and experience with the ability to enthuse, inspire, develop and motivate employees
• Ability to supervise, train and foster the development of a Team, providing feedback, support and encouragement
• Strong relationship building and diplomatic interpersonal skills with individuals and teams as a whole
• Ability to delegate effectively amongst teams and show commitment to the long-term development of the staff through coaching, mentoring and creation of development opportunities
• Ability to motivate others by personal role modelling, professional credibility, and trust
• Disposition to share knowledge fully and willingly with other employees in the interest of the company
• Strong analytical, influencing, and negotiation skills
Application Process:
Interested candidates are requested to send their applications along with curriculum vitae to:
mailto: hr@alamalbank.org
Only short listed candidates will be contacted for interview.
See "Application Process" above
Note: Covering Letter is NOT required for this vacancy
رابط المصدر:
