Chief Risk Officer at Brac Ghana Savings and Loan LTD
Confidential
Accra, Ghana
Permanent
Published 1 month ago · Expires 4 weeks from now
Job description
## Title: Chief Risk Officer
Company
Brac Ghana Savings and Loan LTD
Location
Accra, Ghana
Employment Type
Full-Time
Purpose of the Role
To advise the Board and management team on controlling and measurements of risks across the institution.
Major Responsibilities
- Advise the Board and management team on controlling and measurements of risks
- Develop and implement institution-wide risk management framework
- Develop and implement best risk management practices
- Oversee and direct enterprise-wide management of risk exposures
- Formulate policies and measurement models for various units involved in significant activities that create exposures across activity segments
- Make recommendations to the Board and Senior Management on the type and level of exposures permitted by policy for each activity segment
- Advise and recommend to the Board and management team on all matters relating to risk exposure management
- Regulate, monitor, and review control procedures and report on matters relating to exposures
- Manage and report deviations from set limits and exceptions to policy to the Board and management team for appropriate action
- Perform monthly stress-tests on risk portfolios and conduct quarterly reviews to approve the appropriateness of controls applied at business levels
- Perform semi-annual reverse stress-testing to examine the impact of selected scenarios from a bottom-up perspective
- Incorporate results of stress-tests into the risk governance structure to inform management of expected risk tendency against the institution's approved risk appetite