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ROLE PURPOSE

This role is responsible for translating the ERM strategic vision set by Board and Leadership into actionable plans and tactical execution. This role oversees the day-to-day operations of specific risk programs, leads key projects, and leads the team to ensure risk policies are effectively implemented, enhanced, and monitored. The S-VP acts as a critical liaison between senior management and the business lines, ensuring a consistent application of risk management requirements across the organization.

KEY RESPONSIBILITIES

1. Risk Appetite Governance and Oversight

• Enterprise Risk Management Framework: Develop, implement, and maintain the bank-wide Enterprise Risk Management (ERM) policy, strategy, framework, and supporting architecture to ensure comprehensive and consistent risk management practices across all business units.
• Risk Appetite Evaluation and Alignment: Lead the assessment, monitoring, and quantification of the bank’s risk appetite, ensuring risk tolerance levels are clearly defined and aligned with the bank’s strategic and performance objectives. Conduct an annual review of the bank’s liquidity risk strategy, contingency funding plans for capital adequacy, and stress testing practices, submitting recommendations and updates to the Risk Oversight Committee for approval.
• Lead in the development, maintenance, and continuous enhancement of measurable Key Risk Indicators (KRIs) designed to deliver timely early warning signals on emerging risks, enabling proactive risk mitigation and informed decision-making at the executive and board levels.
• Governance Reporting and Communication: Provide strategic input to the Risk Oversight Committee, presenting risk assessment findings, status updates, and key risk profile reports to facilitate informed decision-making and strengthen risk governance across the organization.

2. Risk Reporting and Analytics 

• Provide strategic oversight for the development, enhancement, and maintenance of the bank’s risk reporting dashboards. Ensure all ERM reporting are accurate, timely, and actionable, built with formal version-control procedures.
• Apply a structured, risk-based analytical approach to perform independent quantitative and qualitative analyses of financial and risk data, interpret applicable regulatory requirements and evidence-based recommendations that enable management to identify risks, perform root-cause analysis, and implement remediation or escalation actions.

3. Specialized Risk Oversight

• Provide strategic oversight of liquidity, market, and capital risk management, ensuring full adherence to the bank’s risk appetite, Board‑approved limits, and regulatory standards. Promote an integrated risk management approach by monitoring key risk categories—credit, liquidity, market, operational, compliance, strategic, and reputational—and evaluating their interdependencies to strengthen the enterprise-wide risk framework.
• Lead the development and execution of capital, liquidity, and market risk stress‑testing models, including scenario analyses and market simulations. Continuously monitor macroeconomic conditions, market volatility, and emerging risk factors to assess their potential impact on the bank’s capital and liquidity positions.

4. Cross-Functional Collaboration

• Serve as an expert risk management liaison to business lines, providing guidance and support on all risk programs.
• Foster enterprise-wide risk awareness and a strong risk culture by presenting role model behaviour. Drive initiatives such as workshops, training sessions, and case studies to educate and engage stakeholders across the organization.

 QUALIFICATIONS REQUIRED 

Knowledge & Skills

• Knowledge of financial markets in Myanmar, gained through practical experience.
• Adequate knowledge of Myanmar local regulations including banking regulations
• Have high level of attention to details.
• Have strong organizational skills and time management abilities
• Adapts easily to new environment and can work with a variety of people.
• Strong communicator (both written and verbal) with ability to present to senior-most management in a clear and concise way.
• Outstanding influencing/negotiation skills and ability to manage debate and conflict professionally, with grit and tenacity.
• Excellent team worker, collaborating effectively across regional and global teams in sharing ideas, finding solutions and balancing team priorities.
• Organized, with strong attention to detail &ability to effectively prioritize tasks.
• Proficient with Microsoft Office applications.

Education & Special Training

Essential 

• Degree in one of the following fields: Business/Commerce, Finance, Accounting, Economics, and/or any industry specific qualification.

Desirable

• Professional qualification (CPA, FRM, CFA)

Experience

• At least 3-year experience in financial institutions Knowledge of banking and risk management within the bank.

Languages

• Sound English skills