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Title: Chief Risk Officer (CRO)
The Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank, is a development financial institution established as part of the COMESA economic arrangements. The Bank’s vision is to become a world class financial institution contributing to the economic growth and prosperity of the Eastern and Southern African region through provision of trade, projects and infrastructure finance.
PTA Bank aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, the Bank is looking for self-motivated and results oriented professionals to join a team committed to building a world class financial institution. Interested and qualified candidates from the Bank’s member states are therefore invited to apply for the following position: Chief Risk Officer (CRO)
Job Summary: As a member of the senior management team, the Chief Risk Officer ( CRO ) is responsible for facilitating the execution of the Enterprise-wide Risk Management (ERM) framework in the Bank.
The position holder is expected to lead and own the Bank’s risk strategy and is expected to drive various risk management initiatives covering numerous risk areas commensurate with the Bank’s risk appetite.
Under the direct supervision of the President & CEO of the Bank, The CRO is also expected to
define, implement and monitor the Bank’s ERM framework and internal controls as well as set guidelines for the development of supporting policies and procedures;
establish an efficient and effective control environment to monitor risk;
oversee and enforce risk management policies to close gaps in risk capabilities;
monitor the Bank’s compliance with risk management regulatory provisions;
ensure prompt reporting of risk exposures and provide advice on resolution, in line with best practices.
Job Specifications:
A Master’s Degree in Business Administration, Accounting, Banking, Finance or Economics with a relevant professional qualification such as ACCA, CPA, CISA; certified risk and compliance accreditations shall have added advantage;
A minimum of 10 years relevant professional experience in risk management and risk supervision in financial institutions; experience with accounting and risk management in banks and financial institutions such as pension funds and insurance companies will have added advantage;
Comprehensive knowledge of ERM concepts, financial systems and process audit and thorough knowledge of regional and international financial service industry dynamics including regulations, legislations and operating environment;
Ability to think strategically and appreciate the systemic impact of policies, issues and solutions on ERM;
Demonstrated ability to conduct reviews and development of policies and procedures and align them with best practices including IFRS, Basel rules and other statutes;
Robust analytical and interpreting skills on exposures data and problem solving skills;
Strong communication, interpersonal, presentation and facilitation skills with ability to work in a multicultural setting;
Language proficiency in English and or French, ideally bi-lingual (English / French).
Applications should include a resume, recent passport size photo, full contact address and the names and addresses of three referees.
Only shortlisted candidates will be contacted for interviews. All inquiries can be sent to sheila.amule@ptabank.org.
Applications can be sent directly to the above e-mail address or to the following physical address, on or before 12th December 2013:
The Director,
Human Resources and Administration
The Eastern and Southern African Trade and Development (PTA Bank)197
Lenana Place, Lenana Road
P. O. Box 48596 00-100
Nairobi, Kenya
