Risk and Compliance Management Director – Shabelle Bank
Banking and Insurance, Event Management
Shabelle Bank
About the Shabelle Bank
Shabelle Bank is a fully licensed Commercial Bank in Ethiopia to conduct all its operations under the principles of Islamic banking. Shabelle Bank started its journey as a microfinance institution in 2011. It subsequently secured the banking license to serve its client better, by offering ethical financial products. With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of branches in Ethiopia.
Customers can also benefit from an array of customer conveniences such as Internet & mobile banking, debit card with SMS alerts, online account opening, 365-day banking, Saturday banking, extended banking hours, 24×7 cash deposit machines, and banking units exclusively for ladies.
Main Duties
- Review and approve all risk and compliance assessment reports and submit to the concerned organs.
- Lead the development of risk tolerance limits and credit risk rating guidelines.
- Promote forward looking risk management practice by leading the development and implementation.
- Comprehensive risk identification and management framework.
- Monitor compliance with Anti-Money Laundering and Counter Terrorist Financing requirements by all concerned bodies of the Bank.
- Lead the design and implementation of risk and compliance communication strategy, training programs and other support to the Bank’s staff and management.
- Liaison the Bank with external stakeholders on compliance issues, and respond to inquiries from regulatory organs, correspondent banks, payment associations and other stakeholders and lead regular loan review.
- Monitor whether risk exposures of the Bank remain within acceptable limits and adherence of operating units with risk parameters and prudential limits.
- Present risk and compliance assessment findings with recommendations and provide advice on risk and compliance management issues to the Board, Policy Committee and Senior Management.
- Verify the accuracy, reliability and integrity of cash and suspicious transaction reports.
- Lead special compliance and operational risk assessment on selected branches and other units of the bank for proactive mitigation of the potential risks observed.
- Monitor new developments with regard to Anti-Money Laundering/Counter Terrorist Financing and other operational compliance requirements.
- Master’s Degree in Management, Economics, Business Administration or related field, with six (8) years of experience of which two (10) years should be at supervisory position
OR
- Bachelor’s Degree in Management, Economics, Business Administration or related field, with eight (8) years of experience of which two (2) years should be at managerial level.
- Full professional qualifications are desirable.
- Specialist experience in Risk and Compliance Management and banking sector will an advantageous.
As Per Shabelle Bank Scale Salary Plus attractive Benefit Package
