Head Enterprise Risk

HugoBank; Karachi Division; On-site; PKR 1,800,000 - 2,800,000; Full time

Job summary

HugoBank is seeking a Head of Enterprise Risk to develop and implement the ERM framework across the bank, embedding risk management with the CRO to prevent siloed risk functions.

The role requires 10+ years in banking risk, a master’s degree or CA/ACCA, and strong leadership and communication skills to drive risk culture and governance.

Qualifications

• 10+ years of experience in banking risk management.
• Demonstrated leadership and staff development.
• Strong communication and stakeholder management.

Responsibilities

• Develop and implement the Enterprise Risk Management framework across the bank.
• Embed risk management across the organization and support the CRO.
• Establish risk appetite, policies, and risk acceptance criteria.
• Oversee portfolio management and monitor credit risk.
• Define stress testing, risk rating models, and limits.
• Ensure market risk, operational risk, ESG, Basel compliance.
• Coordinate with internal & external auditors and regulators.
• Promote risk culture and staff training.

Skills

Leadership

Interpersonal skills

Education

Master's degree

CA/ACCA

Job description

Head of Enterprise Risk will develop and implement Enterprise Risk Management (ERM) Framework in order to establish an effective risk-based system to identify, measure, monitor and control enterprise-wide risks.Head of Enterprise risk will support the CRO in embedding and enhancing the enterprise risk management framework across the bank to ensure that risk function is not working in silo.

Core Responsibilities :

1. Ensure implementation of enterprise risk management framework including Risk Appetite, Credit Risk, Market & Liquidity Risk, Operational Risk, Portfolio Management, Environment, Social and Governance (ESG), Basel, ICAAP and Fraud Risk etc;
2. Ensure risk policies and risk acceptance criteria are in place;
3. Implement risk appetite framework of the bank;
4. Oversee effective portfolio management is in place of augment credit decisions and monitor credit limits;
5. Lay down risk rating models and stress testing framework
6. Ensure market risk limits and middle office monitoring are in place and risk under control.
7. Ensure operational risk and fraud risk controls and tools are embedded in the system and effective.
8. Ensure environment risk along with environment risk rating is properly managed;
9. Review process and procedures are timely reviewed to identify gaps over various controls;
10. Monitor risk matters are properly escalated and reported to management through management committees and BRCC;
11. Develop various risk limits along with its rational;
12. Check support, awareness and training to staff is regularly given to build risk culture; and
13. Coordinate with internal & external auditors and regulators for resolution of various matters.

• 10 year plus experience in the risk area in banking industry
• Minimum masters degree or C.A. or ACCA
• Leadership skills
• Good inter personal skills