Head Of Risk in Yangon

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Head Of Risk

Myanmar Citizens Bank (MCB), Kyauktada | Yangon

Head Of Risk

Myanmar Citizens Bank (MCB)

Head Of Risk

Myanmar Citizens Bank (MCB)

Myanmar - Yangon

Kyauktada | Yangon

24 Oct 2020

Experience level

Director and Above

Job Function

Legal, Risk and Compliance

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

A Big Opportunity for ...

Coordinate all activities of the Risk Management Department
Review and update all risk management related policies and procedures including but not limited to rick management policy framework, credit risk policy, Asset and Liability management (ALM) policy and operational risk management policy
Provide appropriate frameworks and methodologies for the effective management of risk in the bank, in order to protect and enhance shareholder/stakeholder value
Ensure appropriate and effective procedures are in place; assess that the processes and qualities adhere to the compliance standards
Assist in the development and management of processes to identify and evaluate business risk and control self-assessments
Drive implementation of all aspects of the risk function, including processes, tools and systems to identify, assess, measure, manage, monitor and report risks, in compliance with the requirements of CBM
Review, approve and monitor the strategies, policies and procedures for all aspect of liquidity risk, including but not limited to, the establishment and monitoring of liquidity risk limits, cash flow projections, liquidity buffer and stress testing.
Liaise with BRMC and take part in ALCO, ERMC and Credit Committees representing risk management
Prepare quarterly Board, and monthly senior management updates on risk management matters (i.e. risk reporting)
Review new products, business strategies and budgets from a risk management perspective
Coordinate with CFO in preparing the business projections in conjunction with the RAS exercise
Prepare the RAS and submit for approval
Provide oversight to the underwriting team in proposing amendments to Credit Manual, Polices, Procedures and Products to relevant approval authorities (Credit Committees, BoD)
Daily review NPLs by segment and branch and distribute workload across recovery officers
Establish an early warning or trigger system for breaches of the bank’s risk appetite or limits;
Lead, manage and motivate direct reports, including setting objectives, providing feedback and relevant support, training and developments
To succeed in this Head of Risk role, you will need to maintain regular communication and liaison with audit and compliance functions and exchange views on risk-based compliance plan and audit programmes.
Be a sponsor for respectful workplace by ensuring every employee is valued for their contribution, treated with dignity, and given equal opportunity without any discrimination based on gender, race, ethnicity, religion, or sexual preference.