Risk Analyst job at SBM Bank
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Vacancy title:
Risk Analyst

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:

SBM Bank

Deadline of this Job:
18 December 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Wednesday, December 14, 2022 , Base Salary: Not Disclosed

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Job Purpose:
The Risk Analyst will be responsible to carry out risk assessments of business operations, organize, maintain & develop risk event databases, write RCSA reports, assist in reviewing policies, process & procedure manuals and develop Key Risk Indicators. The job incumbent will also support the Risk Lead to build and reinforce the resilience of SBM NBFC Operating Entities.

Key Responsibilities:

• Assist in validating that risk management is effective in all functional areas and that all significant risks are being recognized and effectively managed on a timely manner
• Assist the Board and Senior Management with the identification of risk appetite tolerance levels
• Work with operating units to facilitate risk and control self-assessment exercises and mitigate identified control weaknesses through the creation of appropriate action plans
• Proactively identify and address risk issues and weaknesses in existing policies and processes and recommend improvements
• Develop and monitor Key Risk Indicators
• Provide adequate support in the preparation of reports, presentations, and forums
• Write minutes of meetings within set timeframe
• Monitor business incidents to ensure they are appropriately recorded with a comprehensive root cause analysis and monitor action tracking until closure
• Compile risk registers for all functional areas at operational level
• Assist in the implementation of appropriate systems and controls to measure and report against those tolerance levels
• Assist in communicating the risk framework and methodology to all management levels and to employees
• Conduct training in respect of effective and sustainable processes of risk identification, quantification, and monitoring to management
• Periodical report to Senior Management and the Board Risk Management Committee
• Contribute to any of the different areas of the team namely: Portfolio & Credit Risk, Market Risk and carry out any other cognate duties

Qualifications, Experience & Skills:

• Bachelor’s degree in the field of Finance, Accounting, IT, Risk Management or any other related areas/professional qualifications
• At least 5 years’ experience within a Risk Management function in a Financial Institution
• Good mastery of Microsoft Office tools
• Strong research and analytical capabilities, with a quantitative bias and a focus on quality
• Ability to appropriately produce reports in relevant formats
• Ability to deliver under tight deadlines
• Excellent team player and interpersonal skills

Work Hours: 8

Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Go to SBM Bank on www.sbmgroup.mu to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 18 December 2022
Duty Station: Nairobi
Posted: 14-12-2022
No of Jobs: 1
Start Publishing: 14-12-2022
Stop Publishing (Put date of 2030): 14-12-2066
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