A Fantastic Opportunity for ...
• Contribute to the refinement of risk management policies and procedures across various sections of the bank, with a particular emphasis on business and consumer credit.
• Foster a cohesive risk-aware culture throughout the bank by working alongside the Risk Manager to ensure all staff members are knowledgeable about and compliant with risk management principles.
• Aid in establishing objectives for measuring, monitoring, evaluating, and mitigating the bank's risk exposure, while ensuring timely reporting to regulatory bodies and senior management.
• Supervise the Risk Management department, ensuring the delivery of top-tier risk management services to the bank and its clientele.
• Assist in devising and recommending approval processes for all transaction types to enforce effective risk control.
• Ensure the bank's adherence to internal, local, and international regulatory frameworks governing risk management.
• Contribute to the evolution of profitability and risk analysis procedures and systems, including the implementation of predictive dynamic monitoring methodologies.
• Uphold the highest ethical standards and integrity in all professional and personal interactions.
• Foster collaboration with other bank departments, such as Credit, IT, Operations, Finance/Accounting, and Treasury, to streamline communication and risk management processes.
• Participate in representing the bank in engagements with external authorities, locally and internationally, concerning legal, risk, and compliance issues, as well as meetings with management from other banks and related entities to gather pertinent insights.
• Assist in conducting risk assessments, identifying key risks, evaluating mitigating controls, and maintaining a comprehensive risk register with mitigation plans.
• Collaborate on the production of reports to analyze risk perceptions and propose effective risk mitigation options.
• Engage in delinquency management and contribute to the formulation and execution of recovery plans.
• Support the implementation of risk management processes, tools, and systems to identify, assess, measure, manage, monitor, and report risks.
• Provide insights to business units and process owners regarding new product or process development from a risk perspective and propose controls to mitigate inherent risks.
• Ensure full compliance with directives, notifications, and orders issued by regulatory bodies, such as the CBM (Central Bank of Myanmar)