Chief Risk Officer

Bachelor's Degree   Kabul, Afghanistan Full Time 843
Date Posted:Jan 7, 2019
Reference:001
Closing Date:Jan 29, 2019
Work Type:Full Time
Number of Vacancies:1
Gender:Any
Functional Area:General
Nationality:Any
Salary Range:Salary is negotiable
Years of Experience:5 Years
Contract Duration:Open Ended
Extension Possibility:No
Contract Type:Long-term
Probation Period:Unspecified
Required Languages:

About Ministry of Finance:

وزارت مالیه: وزارت مالیه نقش مشخص غرض ارائه خدمات به مردم افغانستان را دارد که عبارت از جمع آوری عواید و اداره امور مالی دولت میباشد. همچنان مدیریت درست مصارف و بسیج سازی عواید بیشتر غرض تأمین ثبات مالی از جمله اولویت های عمده این وزارت بشمار میرود. وزیر مالیه مسئولیت کنترول و مدیریت امور مالی و سایر صلاحیت های قانونی که توسط پارلمان به وی تفویض شده عهده دار میباشد. مسئولیت مدیریت ، نظارت ، کنترول و استقامت دهی تمام مسائل مربوط به امور مالی افغانستان به دوش وزیرمالیه گذاشته شده و شخص وي طبق قانون اداره مالی ومصارف عامه اجراات مینماید. وظایف وزارت مالیه دربرگیرنده موارد ذیل میباشد: • ایجاد سیستم های مالی ، طرزالعمل های محاسبوی و تادیاتی • اجرای تخصیص وجوه مالی بودجوی برای مصارف دولت ، حصول اطمینان ازمحاسبه دقیق و درست آن • ترتیب حسابات قطعیه برای هرسال مالی طبق قانون اداره مالی و مصارف عامه . یکی از اولویت کلیدی وزارت مالیه اداره سالم مصارف ، وصول اطمینان از خودکفای مالی می باشد. وزارت مالیه برای هرسال مالی چارچوب مالی میان مدت ویک چارچوب بودجوی مصارفاتی میا ن مدت راانکشاف وانرا تجدید می نماید . همچنان سقف بودجه مصارفاتی ادارات دولتی را به تفکیک بودجه عادی وانکشافی پیشکش وپلان جمع اوری مالیه .سایرمنابع عوایدی ، محصولی برای سالهای ۱۳۸۸الی۱۳۹۲ که باتوجه به اصل عدالت و مثمریت بنا یافته وتا حدی قابل ملاحظه ئی خود کفائی مالی ویک بخش از چارچوب مالی میان مدت 5ساله را به تصویر می کشد ترتیب داده است. وزارت مالیه، قوانین مالی ، مصارفاتی ، عوایدی ومحصولی رادر امورمحوله املاک عمل قرارداده ومقررات موضوعه مربوط به آنرا پذیرفته که میتوان ازقانون اداره مالی ومصارف عامه ،قانون گمرکات ،قانون تدارکات ، قانون عواید مالیات وسایرمقرره ها وطرزالعمل های مربوط به انها نام برد .

Job Summary:

The CRO has primary responsibility for overseeing the development and implementation of the bank's risk management function. The CRO is responsible for supporting the board in its development of the bank's risk appetite and for translating the risk appetite into a risk limits structure.

Skills Required:

Not available

Provinces to travel:

Skills Description:

- Strong understanding of risk exposure calculation methods.
- Extensive knowledge of credit grading and rating concepts and the technical development of such underlying models as well as working knowledge of the Basel II accord.
- Strong analytical skills with a working knowledge in the principles of credit risk market risk operation risk liquidity risk and finance.
- Sound knowledge of investment risk and portfolio management concepts.
- Understanding of other operational risks including IT Security.
- Ability to clearly articulate and express a bank risk appetite.
- Knowledge of policy development and implementation.
- Strong command of risk management principles tools and models.
- In depth understanding of the regulatory economic sectors client and market environment and trends.
- Excellent communication organizational and managerial skills.
- Have high ethical standards and integrity in both their personal and professional dealings.
- Have broad experience in operational risk in banking.

Duties & Responsibilities:

Setting the vision and strategy for the enterprise risk function working in conjunction with the bank management.

Building a robust risk management framework and architecture for the Bank, bringing together a number of teams (operational risk, credit administration, enterprise risk management, interest rate and market risk, stress testing, modeling and analytics) and managing the enterprise wide risk.

Building and leading a highly collaborative and proactive risk function that is able to navigate the increasingly complex business and regulatory environment that the Bank operates in, Afghanistan as well as globally.

Ensuring a system-wide view and understanding of the combined risks of the business and their inter-relationships (interest rate risk, liquidity risk, operating risk, credit risk, reputational risk, regulatory risk).

Formulating and articulating a coherent risk appetite and infrastructure, including operating and financial models and hiring plans.

Embedding a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed risk framework.

Partnering effectively with third parties, regulatory bodies and others, as appropriate and serving as a role model for high personal and corporate ethical values and standards of integrity.

Responsible for compiling, assessing and reporting risk information to the bank management and the Board.

Managing the regulatory risks and controls for the assigned regulation, law or line of business to ensure compliance with applicable laws and regulations.

To work with management to ensure a system is in place which ensures that all major risks of the bank are identified and analyzed, on an annual basis.

Maintain a risk register based on the identified applicable laws and regulations, fraud schemes, and AML considerations.

Assist in the development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures.

Identify emerging risks that present new regulatory, fraud, or money laundering risks. These includes risks associated with new products and services, customer types, geographies, and channels.

Coordinate the collection of risk information from source systems, departments, and reporting. Analyze the data and apply to various key risk areas to update the risk profile.

Job Location:

Afghanistan, Kabul

Qualifications:

- Bachelors or masters in finance, accounting, finance, banking, economics, or related field;
- Risk management professional training or certification such as FRM/PRM desirable.

Experience:
- 5-7 years working experience in a bank (preferred), rating agency or finance company as a credit or risk management officer with responsibilities that included development &/or participation in credit grading activities, portfolio management & credit review/approval;
- Or 5-7 years’ experience in credit/risk/fraud management in a financial institution;
- Previous management experience;
- Experience in default/fraud management;
- Experience using risk management tools such as Risk Metrics;
- Asset/Liability Management Experience.

Job Keywords:

Chief Risk Officer
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