Risk Analyst

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

Apply via :

www.sbmgroup.mu