Strategic Risk Architect & Oversight Lead

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

Job summary

EFU Life Assurance Ltd. is seeking an experienced Executive Officer specializing in Risk Strategy and Oversight within Enterprise Risk Management.

The role focuses on developing risk frameworks, ensuring regulatory compliance, and maintaining KRIs across the organization. The ideal candidate will have a strong background in risk management within financial institutions or consultancy settings, with at least 4 years of relevant experience and a Bachelor's degree in a related field.

Qualifications

• Bachelor’s degree in actuarial sciences, risk management, economics, statistics or finance.
• FRM qualification or FRM Level 1 completed preferred.
• Minimum 4 years of relevant risk management experience.
• Experience in financial institutions or consultancy settings.
• Ability to coordinate with multiple business units and support functions.

Responsibilities

• Develop, implement, and monitor the risk appetite statement.
• Design, maintain the operational risk framework to regulatory needs.
• Establish and maintain comprehensive risk registers.
• Develop KRIs and monitor risk trends.
• Log and investigate operational incidents and risk events.
• Oversee progress of risk mitigation actions and closures.
• Collaborate with stakeholders and risk governance committees.
• Support regulatory compliance by embedding risk management principles.
• Conduct risk assessments and prepare senior management reports.
• Stay updated on best practices and regulatory changes.

Skills

Risk management

Analytical skills

Communication skills

Regulatory knowledge

Education

Bachelor's degree in actuarial sciences / risk management / economics / statistics / finance

FRM Level 1 or FRM qualification (preferred)

Job description

EFU Life Assurance Ltd. is seeking an experienced Executive Officer specializing in Risk Strategy and Oversight within Enterprise Risk Management.

The role focuses on developing risk frameworks, ensuring regulatory compliance, and maintaining KRIs across the organization. The ideal candidate will have a strong background in risk management within financial institutions or consultancy settings, with at least 4 years of relevant experience and a Bachelor's degree in a related field.