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Risk Management Strategist
5 days ago
Job Summary
The Specialized Scheduled Bank is seeking a seasoned and strategic Risk Management Strategist to lead its Risk Management and Credit Administration Division. The Head of Risk Management & Credit Administration will oversee the identification, assessment, and mitigation of various risks across the bank's operations.
Key Responsibilities:
- Risk Management Framework: Develop and implement a comprehensive risk management framework aligned with banking sector standards, ensuring strategic objectives are met.
- Risk Appetite & Tolerance: Define risk appetite and tolerance levels in consultation with senior management, embedding parameters into operations and decision-making processes.
- Credit Risk Oversight: Manage credit risks through lending practices, portfolio management, and credit approval processes, ensuring alignment with risk appetite.
- Portfolio Monitoring: Continuously monitor loan portfolio performance, ensuring credit exposures remain within established limits.
- Credit Risk Mitigation: Develop strategies to mitigate credit risks, such as diversification, credit scoring models, and stress testing scenarios.
- Market & Liquidity Risk Management: Oversee market risks related to interest rates and financial variables, ensuring sufficient liquidity to meet obligations and regulatory requirements.
- Operational Risk Management: Identify and mitigate operational risks through internal processes, systems, people, and external events, including fraud and business disruptions.
- Business Continuity & Disaster Recovery: Oversee business continuity and disaster recovery plans to minimize operational disruptions.
- Regulatory Compliance: Ensure risk management practices comply with applicable banking regulations, guidelines, and industry standards.
- Enterprise Risk Management (ERM): Implement and manage an ERM framework integrating all risk types across the bank.
- Emerging Risk Identification: Facilitate emerging risk identification and assessment, taking proactive measures to mitigate potential impacts.
- Strategic Integration: Collaborate with senior management to integrate risk management into strategic planning and capital allocation processes.
- Risk Reporting: Prepare and present comprehensive risk reports to senior management and relevant committees.
- Communication & Advisory: Ensure effective communication of risk-related issues across the organization, fostering collaboration and transparency.
Requirements:
- Master's degree in Finance, Risk Management, or Business Administration.
- Minimum 15 years of experience in credit and risk management within the financial industry.
- Strong leadership skills with influence and collaboration abilities.
- Excellent analytical and problem-solving skills.
Industry: Banking/Financial Services
Functional Area: Accounts, Finance & Financial Services
Total Positions: 1 Post
Job Shift: First Shift (Day)
Location: Lahore, Pakistan
Gender: No Preference
Education: Masters
Career Level: Department Head
Experience: 15 Years
Salary: Rs700,000.00 - Rs900,000.00 per month
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