Background
Established in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB Group) is a multilateral, treaty-based, investment-grade development finance institution, with 41 sovereign and institutional shareholders and assets of approximately USD 10 billion.
TDB Group currently serves 25 economies in eastern, southern, and western Africa regions, with the mandate to foster trade, regional economic integration, and sustainable development. For more information, visit www.tdbgroup.org.
TDB aims to attract and retain exceptionally talented professionals by offering conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development and regional integration. Interested and qualified candidates who are nationals of TDB’s member states are therefore invited to apply for the subject position.
Job Summary
The Enterprise-Wide Risk Management Officer will play a critical role in the identification, assessment and mitigation of risks that have the potential to impact TDB Group’s objectives. The successful candidate will work closely with departments across the Group to develop risk management strategies and ensure internal processes have adequate controls in place.
Duties and Responsibilities
The Enterprise-Wide Risk Management Officer performs the following duties:
- Identify, assess, and prioritize potential risks across the organization.
- Analyse departmental and regional office Risk and Control Self Assessments (RCSAs) to ensure that risks are adequately mitigated, and controls are effective.
- Co-ordinate the Internal Audit processes including the planning and execution of quaterly risk-based internal audits, and the follow-up and closure of internal audit findings.
- Review departmental and organizational wide Business Continuity Plans including providing testing oversight.
- Collaborate with cross-functional teams to ensure alignment on risk management initiatives.
- Review risks for the bank on on-going Projects to identify and track potential risks that may delay or lead to non-delivery.
- Prepare risk management reporting for the Board, senior management, and stakeholders.
- Stay informed on emerging risks and trends in the industy to proactively address potential challenges.
- Provide risk management training and guidance to staff across the Group.
Duty Station
The duty station is Nairobi, Kenya.
Qualifications and Competencies
- A master’s degree in Business Administration, Accounting, Finance, Mathematics, Statistics, Econometrics or any other relevant field from a recognized institution. Relevant professional qualification/certification such as CFA, FRM, PRM, CPA are welcomed.
- A minimum of 5-8 years of professional experience and proven track record in a commercial/Development Banking or Financial institution environment.
- Understanding of financial risks (i.e. credit, market and/or liquidity) and/or non-financial risks (i.e. operational, compliance, reputation, strategic), and of financial services businesses and products.
- Experience in assessing and/or implementing risk management frameworks and the lines of defence model in banks.
- Proficiency in Microsoft office tools with some programming experience is preferred.
- Strong analytical and banking knowledge.
- Results oriented individual with excellent written and communication skills with proven ability to rapidly produce quality reports and ability to work in a multicultural setting.
- Fluency in English is a requirement and knowledge of TDB Group’s other working language (French) would be an added advantage.
Application Procedure
Interested and qualified candidates should express their interest by submitting their applications by 31 August 2024.
Application package should include a resume, cover letter, academic and professional certificates, full contact address and the names and addresses of three referees.
Please note that only shortlisted candidates will be contacted for further processing. TDB is an equal opportunities employer. Female candidates are strongly encouraged to apply.
