Head Enterprise Risk

HugoBank; Pakistan; On-site; PKR 3,000,000 - 5,000,000; Full time

Job summary

HugoBank is seeking a Head of Enterprise Risk to develop and implement an Enterprise Risk Management Framework. The role focuses on providing support to the CRO while enhancing risk management practices across the bank.

The ideal candidate will possess over 10 years of experience in the banking industry, a master's degree or higher, and strong leadership skills. This position entails overseeing various risk management functions to ensure a robust risk framework.

Qualifications

• 10 years plus experience in risk area in banking industry.
• Strong leadership and interpersonal skills.

Responsibilities

• Implement enterprise risk management framework including various risk factors.
• Ensure risk policies are in place.
• Oversee effective portfolio management.
• Lay down risk rating models and stress testing framework.
• Monitor risk matters for escalation to management.

Skills

Leadership skills

Interpersonal skills

Education

Master's degree or higher

ACCA or equivalent qualification

Job description

Overview

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

Core Responsibilities

• Implement 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.
• Ensure risk policies and risk acceptance criteria are in place.
• Implement risk appetite framework of the bank.
• Oversee effective portfolio management to augment credit decisions and monitor credit limits.
• Lay down risk rating models and stress testing framework.
• Ensure market risk limits and middle office monitoring are in place and risk is under control.
• Embed operational risk and fraud risk controls and tools in the system and ensure they are effective.
• Manage environment risk along with environment risk rating.
• Review processes and procedures, identify gaps over various controls.
• Monitor risk matters are properly escalated and reported to management through management committees and BRCC.
• Develop risk limits along with their rationale.
• Provide support, awareness and training to staff to build risk culture.
• Coordinate with internal & external auditors and regulators for resolution of various matters.

Qualifications

• 10 years plus experience in risk area in banking industry.
• Minimum master's degree or higher.
• ACCA or equivalent qualification.
• Leadership skills.
• Good interpersonal skills.